Exactly. How about all the unemployed horseshoe manufacturers (blacksmiths)? Technology doesn't kill jobs, it improves efficiency so capital can be deployed elsewhere. The problem today are the hurtles government places in the way in the form of regulations and taxes that inhibit the efficient deployment of capital.
The divergence is that to form a single job a knowledge worker requires far less capital compared to a manufacturing job. A developer needs 10k in equipment to be productive compared to 100k's for a manufacturing job. When you actually adjust for the US regulatory and tax environment the gap increases even more, making overseas manufacturing a no-brainer.
The divergence is that to form a single job a knowledge worker requires far less capital compared to a manufacturing job. A developer needs 10k in equipment to be productive compared to 100k's for a manufacturing job. When you actually adjust for the US regulatory and tax environment the gap increases even more, making overseas manufacturing a no-brainer.