Glenn Luk: China’s economic evolution, GDP, and high speed rail — #58
Manifold
The Importance of Manufacturing Knowledge and Learning
Manufacturing knowledge and learning are crucial for efficiently and effectively manufacturing products at scale and low cost. The discourse highlighted by Elon Musk emphasizes that turning an idea into a finished product is significantly challenging. The shift of manufacturing jobs from the US to countries like China severed the mentor-apprentice link crucial for passing down knowledge. Rebuilding this manufacturing expertise and supply chain ecosystems from scratch is extremely difficult. The US is struggling to recapture this knowledge flow and faces challenges in getting young people interested in manufacturing. The country needs significant infrastructure investment and a shift in mindset to value and promote manufacturing as a career path. The current lack of enthusiasm among high school students to pursue manufacturing careers indicates a significant gap in revitalizing manufacturing in the US, despite efforts to appropriate funds for this purpose.
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