Do you think Trump's presidency will affect the hardware industry?

[FordGT90Concept]

There's really only three components in moving production: labor, taxes/fees, and transportation. Labor is pretty easy to figure out if you know how many hours it takes for an employee to make a single GTX 1080. Taxes and fees I suspect are near non-existent in Asia where they're pretty high in USA (Trump may change that). Transportation of a single card is very expensive but they counter that by shipping entire crates which are cheap. Thing is, if you bring production back to the USA from start to finish, the transportation costs can be almost entirely eliminated. I think it highly probable that savings in transportation would wipe out the increased labor costs. It really becomes a wash if the taxes and fees component is dealt with.

The major thing stopping production from moving is the investment to move it which is huge.

 

[mouacyk]

This is a dream that has passed, everyone awoken from and cannot return to. Make America industrial again? That ship has sailed elsewhere. A long time a go. There is no way Americans can live on $0.20/hour. Everyone here needs to get a goddamn education, while they can. Third-world countries don't have that luxury, that's why they are building the stuff from our blue prints. We can't teach babies how to build or program rockets on the job. It just doesn't work that way.

 

[HammerON]

No I do not think Trump being elected as the president of the USA will affect the hardware industry. It is all rhetoric IMO.

 

[hardcore_gamer]

I'm willing to pay more for domestically produced tech.

 

[rtwjunkie]

I'm willing to pay more for domestically produced tech.

However, since this is an international community, and the tech industry is international in usage and production, a U.S.-centric answer like this doesn't really address the question.

What W1zz wants to know is if Trump's desire to bring more tech manufacturing back to the U.S. Will affect the worldwide availability and affordability of tech and computer parts.

 

[FordGT90Concept]

If he succeeded in moving manufacturing back to the USA, yeah, it would cost more to people it is exported to because the transportation savings no longer exist.

 

[the54thvoid]

If he succeeded in moving manufacturing back to the USA, yeah, it would cost more to people it is exported to because the transportation savings no longer exist.

Transport costs are dirt cheap compared to labour costs. The reason job get outsourced is to save companies money, vast sums of money. As mentioned, if you want domestically produced tech, it's going to cost you. Meanwhile, the pay rates in the still evolving industrial societies are so much smaller that they can replace the US products easily. The Chinese smartphone market is an example of this. The big makers all produce stunning phones and a lot of it with homegrown tech.

Even as it grows, Chinese wages will be far below what the American sector would expect, therefore it is a false premise to assume moving 'mass' production to the US would improve the economy. Moreover, automation is fast replacing these labour markets. That's why there is a small but growing chorus for a universal wage. The huge problem is not economical - it is ideological. The US despises anything closely related to socialism but as robotics and digital autonomic networks and devices replace human labour, there will be fewer and fewer jobs. A system so entrenched in technology will no longer have a workforce to operate it.

The 22nd century will be a strange time, if we get there but all this talk of moving industrial scale production to give 'mericans moar jobs is fantasist, silicon hugging bullshit. Much as it is in Europe and all other socio-economically 'advanced' countries. Germany 'seems' to be pulling it off but it's labour force and ethic is so tight that it would be hard to see it falter too much but even then, machines will win out in the end.

Ultimately, only a highly educated workforce will benefit and ironically, that's not the majority of where Trumps vote came from.

 

[Ungari]

Transport costs are dirt cheap compared to labour costs. The reason job get outsourced is to save companies money, vast sums of money. As mentioned, if you want domestically produced tech, it's going to cost you. Meanwhile, the pay rates in the still evolving industrial societies are so much smaller that they can replace the US products easily. The Chinese smartphone market is an example of this. The big makers all produce stunning phones and a lot of it with homegrown tech.

Even as it grows, Chinese wages will be far below what the American sector would expect, therefore it is a false premise to assume moving 'mass' production to the US would improve the economy. Moreover, automation is fast replacing these labour markets. That's why there is a small but growing chorus for a universal wage. The huge problem is not economical - it is ideological. The US despises anything closely related to socialism but as robotics and digital autonomic networks and devices replace human labour, there will be fewer and fewer jobs. A system so entrenched in technology will no longer have a workforce to operate it.

The 22nd century will be a strange time, if we get there but all this talk of moving industrial scale production to give 'mericans moar jobs is fantasist, silicon hugging bullshit. Much as it is in Europe and all other socio-economically 'advanced' countries. Germany 'seems' to be pulling it off but it's labour force and ethic is so tight that it would be hard to see it falter too much but even then, machines will win out in the end.

Ultimately, only a highly educated workforce will benefit and ironically, that's not the majority of where Trumps vote came from.

For many in China, the "wages" are a small bowl of rice and a mat to sleep on.

 

[FordGT90Concept]

Robots are cheap too. Robots + chicken tax is the reason why lots of vehicles are still made in the USA. Hell, look at Amazon. Every package they ship has less than 1 minute of human time involved. I suspect a lot of the steps in manufacturing a graphics card from start to finish could be handled by robots. Again, it's just a matter of investment and a lot of companies (like Apple) are sitting on a lot of money. I think NVIDIA has the money to make the transition to "Made in USA" but AMD definitely does not. The only way they'll consider it though is if Congress does something that makes outsourcing manufacturing costly (e.g. expand the chicken tax).

The way automation pays for itself is raising the impoverished from poverty, especially in Asia, Africa, and South America.

 

[cornemuse]

I think they'll make more money, 'course I think it would of been the same if clinton were elected, as she is/was a shill for business/industry/wall steet.

-c-

 

[Bansaku]

My heart says he will lay the smack down on Washington, but my brain says nothing will change.

 

[thebluebumblebee]

Just ask yourself what Putin might do.

Unlike Putin, the POTUS in not a dictator, although Obama tried to be.

Ultimately, only a highly educated workforce will benefit and ironically, that's not the majority of where Trumps vote came from.

Well, no. One of the exit polls showed that it was (I hate to say this because I am just done with racism) white college educated people who swung this election toward Trump. 6 million Democrats stayed home who had voted for Obama.

People don't understand what has happened to manufacturing in the USA. One, the unions (IMHO, unions have done what they needed to and should now go away) have driven the labor costs too high. Two, regulations, rules and laws have made it difficult to impossible to manufacturer here. (It is said that everyone in the US commits 3 felonies everyday. Do you think businesses want to operate in that environment?) Three, taxes. Although the left tries to say that corporations don't pay their fair share, the numbers just don't lie.

Businesses are like greased pigs. If you squeeze them too hard, they'll squirt out of your hands and run...., somewhere else.

Answer to the OP, NO!

 

[Vayra86]

The only reason I voted things may get better is because the dollar may drop in value

 

[remixedcat]

Trump will help us become a tech superpower again. He will lift restrictions that send our jobs to china and he's also cutting H1B/outsourcing that brings more shitty people into the tech industry.

 

[remixedcat]

The only reason I voted things may get better is because the dollar may drop in value

It will increase due to trump removing currency manipulatons by other countries

 

[Vayra86]

It will increase due to trump removing currency manipulatons by other countries

Perhaps. If he will. He might forget all about saying that one time though. Or what's far more likely - it won't be all that convenient for him.

Also, it's the lack of restrictions that makes our jobs go to low labor cost countries. And we have allowed this to happen to get rich. Now you consider the reverse to be beneficial? How?

 

[mouacyk]

Trump will help us become a tech superpower again. He will lift restrictions that send our jobs to china and he's also cutting H1B/outsourcing that brings more shitty people into the tech industry.

I'm interested in knowing what those restrictions are. Can you elaborate?

 

[remixedcat]

I'm interested in knowing what those restrictions are. Can you elaborate?

Taxes being too high will force them to locate to other lower tax nations or use dodgy means of offshoring, etc... Also liberal policies are anti-development for corporate campuses and they can't expand thier buildings to meet demand.

 

[Vayra86]

Taxes being too high will force them to locate to other lower tax nations or use dodgy means of offshoring, etc... Also liberal policies are anti-development for corporate campuses and they can't expand thier buildings to meet demand.

So who's going to pay those taxes then?

- I'll answer it for you: they will pay by building another huge debt on top of what's there - as is typical of every Republican gov. The hole will be dug deeper...

 

[rtwjunkie]

- I'll answer it for you: they will pay by building another huge debt on top of what's there - as is typical of every Republican gov. The hole will be dug deeper..

Are you perhaps unfamiliar with the TRILLIONS in debt that near-socialist Obama added to our debt?

http://www.dailymail.co.uk/news/article-2715986/U-S-debt-balloons-7-TRILLION-Obama-took-office.html

The article is from 2014. So much worse now. It's estimated the incoming administration will inherit 20 trillion.

 

[FordGT90Concept]

US: $19.8 trillion
To put that into context, world: $62.4 trillion
USA holds 31.7% of the world's debt.

It was $10.6 trillion when Bush left office. In Obama's first term, the debt increased faster than Bush. We're likely to break $20 trillion (almost double Bush) by the time he leaves on January 20.

Remember, the federal government operated without a budget for much of Obama's presidency. At the beginning of his term, the Democrats in Congress thought it beneath them. In the middle of the term, Obama and the House couldn't agree to anything. At the end, they got it done through the sequester which Democrats thought Republicans would never follow through on.


Trump is likely to add more to the debt unless the House manages to reign him in. I think there's a lot of risk in that ballooning debt.

 

[qubit]

http://wccftech.com/trump-win-means-tech-firms

 

[remixedcat]

If we have more tax PAYERS and JOBS than our country will improve (more people paying in = less burden per person) . The left wants less thru outsourcing/offshoring and people reliant on the state.

 

[CAPSLOCKSTUCK]

Yes....everythings going to be great, because Donald said so......

FFS how naive can people be. He will be playing checkers while Putin will be playing chess.


EDIT

there should be another option in the poll just for Donald

"Dont have a clue"

 

[Vayra86]

Are you perhaps unfamiliar with the TRILLIONS in debt that near-socialist Obama added to our debt?

http://www.dailymail.co.uk/news/article-2715986/U-S-debt-balloons-7-TRILLION-Obama-took-office.html

The article is from 2014. So much worse now. It's estimated the incoming administration will inherit 20 trillion.

I never said Obama did well.

What I do know is that the lowest increase in debt was under Clinton's two terms and that in general, the US has a tendency to let debt increase and tremendous trouble in reducing it. Big spenders. Its also something you see in the entire society and it is a massive problem not only economically, but also mentally. There is no turning back from that really. And Trump won't help that situation either - his entire holding is based on exploiting debt. Which is another reason I don't see him 'saving' the dollar in any way.

About taxes, taxpayers and jobs - it is already clear as day that Trump is betting heavily on economic growth that not a single economist can really see happening. That is the way he wants to 'pay' for his plans, but this will only backfire on the US and its citizens, and it will probably do that after he's left office. In some twisted minds, there is this idea that more expensive product will sell better both overseas and at home and that this will 'drive' the economy. Another twisted idea is that stepping away from green and environmentally friendly business and back to the dirty industrial past is going to make money. Its not only counterproductive, but also extremely irresponsible and that bill will be paid in the long term.