Reshoring = $500B Boom for Mfg. Tech | Uphoff on Industry

The Big Themes:

• According to the Association for Manufacturing Technology: In order to reshore 25% of the manufactured goods currently imported from China, US manufacturers will need to invest $400-$600 billion in manufacturing technology.
• Why isn’t “Big Data” yielding “Big Insights"? It might be because as business leaders we are still confusing causation and correlation.
• The “Streaming Wars”: Have changed the way that we all watch filmed entertainment. What can the rest of us learn from the battles between Netflix, Disney+ and HBO Max?
• These are incredibly exciting times: I think there’s a tremendous opportunity in the tech markets, and the manufacturing markets – and we are watching what’s happening in other parts of the world.

The Big Quotes:

“On Wall Street, they use the phrase, ‘Make the trend your friend’—and this is an irrefutable trend.”

“I guarantee you, Tim Cook and the team are tracking those data elements.”

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