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0 sats \ 8 replies \ @GhostofTruth 6 Aug 2024 \ on: BMW Tests AI Humanoid Robot On South Carolina Production Line news
interesting to see that BMW is testing this technology in the United States and not at its home base in Germany. a hint?
a hint? what do you mean?
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When you see the state of Germany as a business location, the massive withdrawal of capital and companies, especially to the United States, this is perhaps also a warning shot to politicians that a company like BMW is firing here.
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I am unsure if there is a direct correlation between withdrawal in Europe and hiring in the US. If there is, I believe it may be related to excessive regulation. Regarding humanoid robots, BMW has not set a specific date for introducing this type of robot into production. However, when they do, I am certain it will be more difficult in Europe. Perhaps they will build a factory exclusively for robots!
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just to add some context: last year alone, 136 billion euros were withdrawn from Germany in direct investments, i.e. not via the capital market, but via corporate investments. a large proportion of this, as the statistics on onshoring show, went to the USA.
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36 billion is a huge chunk of change, but those are business calls we can't do anything about, and that's probably for the best. Any idea if this led to any job cuts over here in Europe?
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Labor market figures from the government are always very difficult to read, but I recently saw that 175,000 full-time jobs were lost in Germany in July compared to the previous year. But the trend is rising
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Are these overall figures, or are they specifically related to the automotive sector?
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No, it's overall and consolidated