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We asked Saman Farid about reshoring American manufacturing. "Industrializing is a 20-year journey minimum and probably much more." "We have 250,000 factories in America but not the labor force to support them. Most factories are sitting around collecting dust." "It comes down to the fact that there aren't people...

22,059 次观看 • 1 年前 •via X (Twitter)

9 条评论

Saman Farid 的头像
Saman Farid1 年前

Radical abundance requires radically faster robot adoption. LFG

The Washington Post 的头像
The Washington Post1 年前

Here’s what could get more expensive with Trump’s new tariffs.

Paul Boris 的头像
Paul Boris1 年前

@samanfarid This is the worst take, but logical from someone who is convinced the solution to labor is a humanoid form robot.

Juan P Ochoa 的头像
Juan P Ochoa1 年前

@samanfarid I’m a H2B visa agent and have the ability to contract foreign workers and Bri g to travel USA jobs I’m all ears!!!

GregCostigan 📈 的头像
GregCostigan 📈1 年前

@samanfarid You have to start sometime

Steve Place 的头像
Steve Place1 年前

@Indian_Bronson @samanfarid 3 years

Steven Lurie 的头像
Steven Lurie1 年前

@samanfarid Great insights

Nick 的头像
Nick1 年前

@aphysicist @samanfarid How did China do it so quickly? They either did it very quickly, OR they had deals in place since the 80s to do it. Which would mean our politicians sold us out long before we thought.

Saman Farid 的头像
Saman Farid1 年前

For anyone curious what the robot army is going to look like:

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Barry Sternlicht recently gave a VERY insightful interview about tariffs and what it means for real estate prices - what he said is troubling: "The promotion of American manufacturing is a great idea, but we are not a manufacturing nation... We only have 13 million jobs of 160 million in manufacturing, and we're running a 4% unemployment rate. So I'm not sure who's going to work in all these factories. We're going to need some really quick efforts from Musk and Zuckerberg in robotics to actually build, have people work in these factories. Americans don't want to do that. That's not the jobs that they're interested in taking today... I think the tariffs are super complicated... I do think the focus should be on China. We run a $250 billion trade deficit with China... China is [the] second largest economy in the world with a fixed currency. And that alone is not right. That currency should go up and down with trade flows like every other major currency. So you start there. And I don't think the tariffs are tactical. And the if you put them in place, as [Trump] just did with steel tariffs, American companies will raise prices. So it is very inflationary. And for real estate, it's really bad. [For example] we need [Canada's] lumber. Or we can chop down our own trees but it's a bad thing. We run an equal trade deficit with Canada other than oil but we use their oil... if we don't buy it, they're going to ship it to Asia. For existing owners [of real estate], it's good because to build a new building will be more expensive. So the existing office stock, the existing apartment stock is going to be worth more. But it's bad because the numbers won't work to create new [buildings]. You won't be able to build anything. We already have a four to five million unit housing shortage... And you're seeing it in the sentiment of the builders that they're nervous. Everyone's a little nervous."

Triple Net Investor

177,868 次观看 • 1 年前

Wow...JD Vance 2028? This guy's messaging is flawless. Just listen. A reporter pressed him on how Americans should react to tariffs if they "raise prices" - Vance flips it back perfectly. "What I say to the American people is, look: the president ran on this, and he said very clearly that we're done being the piggy bank of the entire world." "For 40 years in the same way that our European friends, I think, have neglected international security, for 40 years a lot of our friends all over the world have used America as a piggy bank... have used us to absorb all of their excess economic production." "What does that mean for Americans? For Americans, that's meant manufacturing jobs declining, that's meant middle class wages going down, that's meant whole towns that have been hollowed out." "Empty factories - and that means an America that is less safe, because our manufacturing isn't as powerful now as it was 30 years ago." "I've got all these brave Americans in front of me and a few behind me too. We've got to send, if God forbid, we have to send Americans to war, we want them to have weapons, the best weapons in the world that are manufactured in America and not in China." "The way you do that is to rebuild the American manufacturing sector. The days of America being the piggy bank of the world... the days of closed factories, the days of people not being able to get a middle class job in this country, they're over." "And yes, that means we're gonna have to fight back even against some of our friends and their unfair economic practices. But the long term consequence of this is gonna be higher wages, more manufacturing, and more economic security for the American people." JD Vance - MASTERCLASS.

Eric Daugherty

6,114,733 次观看 • 1 年前