BIRMINGHAM, Mich. — Jeff Bezos is reportedly in early discussions to raise a $100 billion investment fund aimed at applying artificial intelligence across manufacturing, targeting sectors such as semiconductors, aerospace and defense.
GAITHERSBURG, MD—The National Institute of Standards and Technology is investing $20 million to establish two centers to advance AI-based manufacturing.
WASHINGTON—The House voted on Feb. 4 to pass the America COMPETES Act, a bill that aims to increase U.S. competitiveness with China and to address the country’s shortage of semiconductors by strengthening the country’s supply chain.
WASHINGTON — Sen. Gary Peters (D-MI) has introduced legislation that would establish an independent federal institute—the National Institute of Manufacturing (NIM)—to serve as a hub for federal manufacturing programs.
Recently, I received an e-mail from a U.S. electrical products company warning me that, on Oct. 15, the tariff on power supplies and power cords imported to the U.S. from China would increase from 25 percent to 30 percent.
Numerous pundits have forecast that U.S. manufacturing will follow the path of agriculture: Automation will replace human workers and steal all of our jobs. It will be an automation doomsday. Clearly, returning jobs will be, on average, higher skilled and fewer in number than when the work was lost offshore years ago. However, in reality, automation is key to reshoring and thus to U.S. job growth.
In January, President Donald Trump traveled to Davos, Switzerland, to speak at the annual World Economic Forum (WEF). His message: "America is open for business."