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[–] 94 points 11 months ago (1 child)

Raise manufacturing wages then, Huang

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  • [–] 2 points 11 months ago

    Alternate plan: Golden visa program that went live today allowing the rich and powerful to buy citizenship that the fascist right claims has to be protected. Protected from the poor apparently while allowing criminals and thieves from everywhere else to buy their way in. Companies can buy on behalf of their employees, which will of course suppress wages, which is the whole point.

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  • [–] 90 points 11 months ago

    "I need you poors to shut up and get back to work."

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  • [–] 58 points 11 months ago (1 child)

    Hey numnuts, those jobs pay like shit now.

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  • [–] 41 points 11 months ago

    Oh, the factory jobs that are dissipating due to automation? Cool cool.

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  • [–] 40 points 11 months ago

    No, people need to find success in beheading the aristocrats again. Every successful CEO doesn't need to have a head.

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  • [–] 29 points 11 months ago

    You first, asshat!

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  • [–] 23 points 11 months ago*

    I swear to you! Together, we can make slavery work this time! Again!

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  • [–] 22 points 11 months ago

    He can suck my Huang for pushing that sort of utter idiocy.

    You and your ilk helped make the industry and economy what it is by, you know, not building any fabs in the US for fucking AGES. We HAD fabs. We stopped making fabs because Taiwan and SK got really good at fabs too, and had cheaper labor, so we decided to stop fucking competing. Which has pretty goddamn obvious implications.

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  • [–] 11 points 11 months ago (2 children)
  • [–] 11 points 11 months ago

    The only factory I'll work for is this pitchfork factory. 🧜‍♂️

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  • 69 comments in c/news@lemmy.world view that post
    [–] 91 points 11 months ago (7 children)

    Okay then pay them a livable wage, and then they will be successful. Fucking billionaires need to put their money where their mouth is. A bunch of asshats

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  • [–] 9 points 11 months ago (5 children)

    They do get paid well...

    For example, Lutnick claimed that technician jobs are promising gigs with a low barrier to entry, that can pay anywhere between $70,000 to $90,000 at the onset—no college degree required.

    The issue is the quantity of these jobs, not the quality.

    And once you're in, you're in...

    And not in a good way, you'll get used to that 70k lifestyle in a year or two, but if you lose your job for any reason, there's insane competition for the few spots you're qualified for. And anything outside of this, you'll never make that match.

    They'll pay a little more to a very small amount of employees if it creates a captive and trained workforce.

    So, you're right that "corporations are bad" you just don't under the long game and the corporations do.

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  • [–] 1 point 11 months ago (2 children)

    140k is now the poverty line. 70k ain’t cutting it for a family of 4. Those aren’t “great” jobs

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  • [–] 56 points 11 months ago* (1 child)

    OK then make traditional factory jobs pay well enough to own a house and see your children through college again.
    A factory worker makes less today than they did in the 50's!!! Because the 1% has managed to grab all the money in their infinite greed. The money grab of the rich is the biggest heist in the history of mankind.

    Also not every billionaire needs to flaunt with how enormously ignorant they are on basic issues of society.
    The rich need to be taxed on their fortune. Nobody needs to be as rich as the 1%.

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  • [–] 5 points 11 months ago

    politicians, officials, scotus, those in positions of power, will steal, imbezzle, misuse any funds gained. lobbying should be illegal. this all needs to go or it amounts to little gained.

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  • [–] 36 points 11 months ago (13 children)

    No problem, just make a single income from one partner working a factory job enough money to live a comfortable middle class life again. 

    Jobs a good'un

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  • [+] -14 points 11 months ago (12 children)

    Your wish is granted. Now your phone costs double what it used to

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  • [–] 17 points 11 months ago (10 children)

    That's fine, because I'll be making enough to afford it... as the outlined condition was a factory job that would pay well enough to afford a family home on that income alone.

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  • [+] -12 points 11 months ago* (last edited 11 months ago) (9 children)

    EDIT: So apparently everyone here is talking fiction not reality and I'm the only one who missed that. Anything can be a true statement if it's not based on reality. I'm out.

    ~~I'm blown away by how bad lemmy is in economics. But to be fair, there are no good economics on this planet.

    No, you will be fired from your job because your company becomes uncompetitive in global market and goes under, leading to worse economy.

    There needs to be such a massive cooperation between all countries (including enemies) that this will never work.~~

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  • [–] 12 points 11 months ago (8 children)

    You're missing the entire point here you dingus. We're not talking about reality, were talking about what it would take for factory jobs to be considered success again. 

    Obviously it's not reality. THATS WHAT IM POINTING OUT

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  • [+] -6 points 11 months ago* (last edited 11 months ago) (7 children)

    So what is the point of this? Might as well talk about economy in Harry Potter and claim you just figured out how to solve socioeconomical disparity

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  • [–] 5 points 11 months ago (6 children)

    The point is that a billionaire CEO can't just say "eh, people should be happy working in a factory" when he doesn't provide the rest of the material reality that went with that when people were happy working in a factory

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  • [–] -3 points 11 months ago (5 children)

    You know what - I'm starting to think most people here actually didn't read the article, but only the title, and that's where the confusion is originating from.

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  • [–] 3 points 11 months ago (3 children)

    Which part specifically are you referring to that redeems this delusional nonsense?

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  • [–] 1 point 11 months ago (2 children)

    I'm getting paywalled now so can't quote, but it's more about states in general. There have been some major developments in manufacturing (especially robotics) that would allow US to jumpstart a new era of manufacturing/re-starting the industry and bring it away from China. By finding success, I believe he didn't really mean grinding at some low entry job, but literally becoming a successful manufacturer (again?)

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  • [–] 1 point 11 months ago (1 child)

    To invest in cutting edge robotic manufacturing to onshore in America? What, with all of the spare capital American workers have on hand these days? 

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  • [–] 1 point 11 months ago

    People are needed to watch over and maintain said robots. Pretty sure the article said that the factory jobs themselves are transforming.

    Here's the thing - I myself work in a factory, and I do exactly that - monitor the manufacturing line. I'm doing barely any hard/manual labor, most of the time I'm chilling around and I make more money than the average in my country, and since I'm in rural region where wages are naturally shit, I'm pretty much well off with said factory job. Used to work in IT, made around 30% more, but felt like I worked 200% more.

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  • [–] 28 points 11 months ago (1 child)
  • [–] 25 points 11 months ago

    Gonna start paying factory workers six figures are you? If not piss off!

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  • [–] 23 points 11 months ago (1 child)

    I don't disagree with this take but coming out of this billionaires mouth I feel he means it in a different way.

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  • [–] 20 points 11 months ago (1 child)

    Fuck Jensen Huang in the ass with a cactus, sideways.

    I've worked in more than one manufacturing plant and it's miserable even on the IT side; and that's with air conditioning.

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  • [–] 20 points 11 months ago (1 child)

    Slavery, he means Slavery.

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  • [–] 18 points 11 months ago (2 children)

    True, I suppose, but factory jobs? I thought those dried up when we gave China all our manufacturing.

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  • [–] 4 points 11 months ago (1 child)

    Yeah he's not wrong, but US manufacturing is a shadow of its former self.

    Trades like plumbing, electrical, and HVAC still have plenty of demand though.

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  • [–] 14 points 11 months ago* (last edited 11 months ago) (1 child)

    Put your money where your mouth is and open a factory and pay above average wages, Jensen.

    You literally run a company that doesn’t manufacture anything itself but designs for others to manufacture.

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  • [–] 13 points 11 months ago

    He should prove it to us.

    Put your money where your mouth is, bitch.

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  • [–] 12 points 11 months ago
    [–] 11 points 11 months ago

    All he really means is people should learn to accept sub minimum wage and be happy they have a shitty job.

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  • [–] 11 points 11 months ago

    With poor labor protections and shitty health care, factory jobs aren't what they were 50 years ago. It's a work-until-you-die career.

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  • [–] 9 points 11 months ago

    Get fucked, you thief!

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  • [–] 8 points 11 months ago* (1 child)

    Ok but we want the factory jobs from the 50’s that paid one worker an entire family’s living wage. We should go to the 1950’s wealth tax rate of 90% to achieve this. I think what he means is impoverished guilded age slavery though.

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  • [–] 2 points 11 months ago*

    We should go to the 1950’s wealth tax rate of 90% to achieve this.

    The 90% tax rate wasn't what made factory pay cover a family of four. Expropriated wealth from the third world, combined with a strong export market for finished goods, allowed Americans to import raw materials at near-zero cost and transform that functionally "free" material into the quality of life improvements they valued.

    Also, that high quality of life was reserved largely for the industrial north. Gulf Coast / West Coast states wouldn't see the jump in prosperity until the oil boom of the 70s and the migration of finance capital into Florida, Texas, and California. And even then, it was a very "Whites Only" kind of prosperity, with labor provided by the racial underclass going to cheap housing and foodstuffs and utilities enjoyed by the American middle class.

    By the mid-90s, a lot of the benefits of being a white working class adult had diffused to the racial underclasses. White people no longer felt "rich" because they were competing for homes and jobs and consumables with the historically impoverished PoC. Our cheap consumables were increasingly imported from overseas while our labor force was focused towards the professional (educated) and service (uneducated) sectors. We maintained a policy of low inflation through exporting dollars abroad. We expanded privatization to goose our rate of employment with tons of make-work and bullshit jobs. And we reduced taxes in order to incentivize private capital improvements and consumer spending.

    What fucked us in the end wasn't a lower tax rate, it was a global post-WW2 economic recovery. Once we could no longer spend overpriced American dollars for cheap foreign materials, American buying power declined. Foreign countries began to consume their own quality-of-life products, which boosted American investments abroad but hobbled American consumption at home.

    I think what he means is impoverished guilded age slavery though.

    He's asking for Americans to return to the position of the labor underclass at home, in order to prop up a "White" leisure class at the expense of a PoC working class. That doesn't necessarily mean "slavery" (although you can't help look sideways at all these new prisons we're building). It does mean working class Americans continue to lose access to consumption as they fall into competition with their BRICS working class peers.

    And it likely means we return to "Whites Only" domestic policies, in order to guarantee a certain fraction of the public access to preferable living conditions at the added expense of PoC.

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  • [–] 8 points 11 months ago

    Does getting rich just make people stupid?

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  • [–] 7 points 11 months ago

    "You need to become a factory worker!" Meanwhile, factories are trying to automate every job possible.

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  • [–] 7 points 11 months ago (2 children)

    UBI really needed to happen before AI and advanced robots. Really interested to see how China handles this.

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  • [–] 2 points 11 months ago (1 child)

    I remember telling people about UBI and the coming automation and the possibility of AI coming for a lot of jobs. I've been saying this kind of thing since early to mid-00s, if not the 90s. People looked at me like I was crazy, for the most part.

    It's not like I'm all that prescient or brilliant or anything....I just happen to read.

    Even now, when it's very obviously eating into jobs, there are lots of people still mostly following celebrity gossip and doing fantasy football picks or whatever and still seemingly oblivious...

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  • [–] 7 points 11 months ago
    [–] 12 points 11 months ago* (2 children)

    Looking at Nvidia…. Of over 1,000 job openings USA, only one matches keyboard “technician”. It’s a marketing job requiring a bachelors degree and three years experience

    I also see a section of their website on campus recruiting and globally there are college internships.

    This might be a good place for the NVidia CEO to start looking.

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  • [–] 6 points 11 months ago

    Those jobs are all getting automated. And jobs that used to pay decent wages like trucking and being a taxi driver are slotted to be automated away, too.

    Same for many, many white collar jobs that were supposed to be the path out of this trap of poverty that the rust belt and other places were thrown into, starting in the 70s. A whole lot of MBAs think that they need to get rid of all the "excess" people on payroll...

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  • [–] 6 points 11 months ago

    What a piece of shit.

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  • [–] 5 points 11 months ago

    Trades too.

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  • [–] 4 points 11 months ago

    Kind of the whole point of the "Dirty Jobs" show.

    Two kinds of jobs:

    One, where you need a shower before you go to work.

    Two, where you need a shower when you get home from work.

    We value One and devalue Two. NGL, I've done both, I don't know, physically, that I could go back to Two.

    Bonus, Three, can't remember the last time you showered because you work from home. LOL.

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  • [–] 4 points 11 months ago

    start with yourself, bitch. give your money to charity and we’ll find you a nice line job at a meat packing plant.

    jensen huang, finding success for you will mean avoiding the guillotine.

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  • [–] 3 points 11 months ago

    But every writer for Elle magazine needs a PhD.

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  • Hey, let’s get those factory jobs paying 50 to 75 dollars an hour and we have a deal. Otherwise, goan fuck yourself.

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  • [–] 3 points 11 months ago

    Let's just ignore the massive wage suppression and consolidation of assets and whatever. Let's ignore the fragility that's been intentionally created in the supply chain with staffing levels and anti transit legislation.

    Let's ignore everything but capital investment and long term reliability plans. If you look at the current state of manufacturing in most places and do a hard assessment on how much they are putting back into facilities to keep them running efficiently. Now you easily sum up a response to this with a very effective: LOL fuckwit.

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  • [–] 3 points 11 months ago*

    People need to find living wages in traditional factory jobs again first

    That being said, as someone who works in manufacturing as a professional, it can be decent work if you're either an educated professional or unionized (ideally as a tradesperson)

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  • [–] 4 points 11 months ago (1 child)

    I hate this line of thinking, because everyone should be able to get as much education as possible. It's a net benefit to society. If someone wants to get a PhD and then go work in a factory it should be a valid career path, not one which requires them to gamble on an academic career in order to justify the extra education.

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  • [–] 2 points 11 months ago

    We will be watching from afar to see how much good this experiment of devaluing human ingenuity and academia does for america; But the current trend says turning into an idiot country is not good at all.

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  • [–] 3 points 11 months ago
    [–] 1 point 11 months ago

    As someone with a factory job, I agree. Admittedly I have a degree, and I'm doing supply chain work in an office, but a 75k setup machinist or CNC programmer job is pretty good compared to spending 100 grand in student loans to make 75K as an office drone.

    I wouldn't advise anyone drop out of medical school to run a packaging line in a factory, but there are a lot of people who do pretty well. You land in a union shop or an ESOP and you can make real money.

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