How the U.S. Gets Manufacturing Policy All Wrong
June 2, 2015
By Martin Neil Baily
Bernard L. Schwartz chairman in economic policy development at the Brookings Institution
Washington measures success by the number of jobs, when it should be focused on speeding up automation
distributed innovation, in which crowdsourcing is used to find radical solutions to technical challenges much more quickly and cheaply than with traditional in-house research and development.
…putting robots in place of workers. There will still be good jobs in manufacturing, especially for those with big-data, programming and other specialized skills needed for advanced manufacturing.
It is hard to let go of old ways of thinking, but continuing to chase yesterday’s goals only puts off the inevitable. Instead of dragging out the fight for more manufacturing jobs, we need to focus on speeding up the manufacturing revolution, funding basic science and engineering, and ensuring that tech talent and best practice companies want to produce in the U.S.