Opinion | How covid-19 is transforming global manufacturing
It will accelerate the reshoring of jobs to big economies, aided by greater robot adoption to lower costs
As the covid-19 pandemic escalates, the risks inherent in global supply chains are more apparent than ever. Rather than await a return to business as usual, with manufacturing activities concentrated in countries where labour is cheap and plentiful, advanced-economy companies are shifting their focus to the lowest-wage workers of all: robots.
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