IMHO, trump is only going to accelerate the trend of the have jobs and have nots!
[quote] Robots Rule at Swiss Factories as Strong Franc and Wages Bite
Faced with an unsinkable franc and among the highest average annual wages in the world, Swiss companies looking to expand face a simple choice: Add robots or leave. Fragrance-maker Firmenich International SA chose robots, spending $60 million in the last three years automating a factory outside Geneva to increase capacity by a third with no added staff. In contrast, pump maker Sulzer AG, is closing a facility outside Winterthur, in the canton of Zurich, to move production elsewhere in Europe, which will cost Switzerland 90 jobs.
Since 2010, global industrial robot sales have risen 16% a year on average, according to the latest figures from the International Federation of Robotics. South Korea has the most as a proportion of overall manufacturing jobs while Germany and Sweden are the leaders in Europe, ahead of the U.S. Switzerland ranks 17th.
Even High Skill Jobs in Jeopardy
That’s going to happen more and more, Suzanne Fortier, Principal and Vice-Chancellor of McGill University in Montreal, said during a briefing at the World Economic Forum in Davos last month.
“We are going to see a large number of jobs disappearing or changing significantly,” she said. “Obviously, that’s lower skill jobs initially, but with the increased sensory capacity of many of the algorithms right now, we are going to see even higher-skilled jobs in the future disappearing.”
