“Pay attention to how few workers are visible in any stage of production. There is no way that these techniques will not be adopted all over the world. Nobody is going to give China this kind of competitive edge. These techniques are going to be imitated. It means the end of today’s technology. Today’s technology is labor-intensive. This will not be true by 2030. The next step will be the adoption of these techniques for housing developments. The construction industry will work out the bugs in high-level projects. Then these techniques will be adopted by housing developers as the price of the tools continues to drop.”
Read more: http://teapartyeconomist.com/2017/03/11/chinese-hotel-6-days-to-build/
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