Manufacturing the Future
                           By Matthew Rose




     http://media.economist.com/sites/default/files/imagecache/full-width/images/print-edition/20120421_SRD002_0.jpg
-Adam Smith




              http://cdn.ownthedollar.com/wp-content/uploads/2009/10/adam-
              smith1-270x300.jpg
Learning Objectives

● Identify the two forces reshaping the
  global economy

● Identify the emerging technical
  innovations that's changing
  manufacturing.

●   Explain the shift from a commodity to
    an intellectual capitalist system

●   Understand the relationship
    manufacturing has on economic
    growth.
Manufacturing in the Global
                  Economy

●     Catalyst for higher-value job
     creation

●    Rises standard of living for the
     growing middle class in emerging
     nation economies

●     Increased competition between
     emerging and developed nations


    70% of the income variations explained by
    differences in manufactured product export data
    alone.
Two Key Factors Reshaping the Global
                 Economy

●   Evolving Digital & Robotic
    Infrastructures


●   Economic Liberalization


    Manufacturing and FDI follows
    the path of least resistance
Challenges Facing International
                Manufacturing
●    Swift change from commodity
     capitalism to intellectual
     capitalism

Many education systems aren't properly
adjusted to this worldly change

         "Skills Gap"


 ●   Wage differentiation

 ●   Conflicting political systems

 ●   Currency volatility

 ●   Developed nations at risk losing
     intellectual competencies
Solutions For The American Economy


Over-stimulation of currency       Austerity




                               ?
My Solution: Reinvest in America's
          Infrastructure
http://www.youtube.com/watch?v=-R5iiGUKZ7k
REFERENCES
Video Sources                                                                            Online Publications

Vijay Kumar: Robots that fly ... and cooperate                                           Skills Don’t Pay the Bills
    ●     http://www.youtube.com/watch?v=4ErEBkj_3PY                                         ●     http://www.nytimes.com/2012/11/25/magazine/skills-dont-pay-the-bills.html?smid=re-
3D-Printed Magic Arms                                                                              share&_r=0
    ●     http://www.youtube.com/watch?v=WoZ2BgPVtA0                                     Future of Manufacturing
A sandstone block built from lego, blending real objects with 3d prints                      ●     https://www.youtube.com/watch?v=rIdoIKukpnU
    ●     http://www.youtube.com/watch?v=4Fpe5UrLALE
Creepily realistic robot can hold conversations and answer questions                     THE NEXT TRILLION DOLLAR INDUSTRY: 3D Printing
                                                                                             ●     http://www.businessinsider.com/3d-printing-2011-2?op=1
    ●     http://www.youtube.com/watch?v=IhVu2hxm07E
                                                                                         Prosperity and Lack of Motivation
Our Story In 2 Minutes
                                                                                             ●     http://www.jasonstaples.com/blog/2010/prosperity-and-lack-of-motivation-852
    ●     http://www.youtube.com/watch?v=MrqqD_Tsy4Q
                                                                                         Ray Kurzweil: The accelerating power of technology
Introducing the Leap
                                                                                             ●     http://www.youtube.com/watch?feature=player_embedded&v=IfbOyw3CT6A#!
    ●     http://www.youtube.com/watch?v=_d6KuiuteIA
                                                                                         President Obama Discusses Growing the Economy and Reducing the Deficit
Contour Crafting- Automated Construction- Behrokh Khoshnevis at
                                                                                             ●     http://www.youtube.com/watch?feature=player_embedded&v=zNRH8X650nQ
TEDxOjai
                                                                                         Marcin Jakubowski - The Open Source Economy – YouTube
    ●     http://www.youtube.com/watch?v=JdbJP8Gxqog
                                                                                             ●     http://www.youtube.com/watch?v=MIIzogiUHFY&feature=youtu.be
PhantomX running Phoenix code
                                                                                         Jobless recoveries and the disappearance of routine occupations – vox
    ●     http://www.youtube.com/watch?v=rAeQn5QnyXo
                                                                                             ●     http://www.voxeu.org/article/jobless-recoveries-and-disappearance-routine-occupations
Robot chefs taking over China's noodle bars
                                                                                         History of capitalism - Wikipedia, the free encyclopedia
    ●     http://www.youtube.com/watch?v=ukNkCnNJuR8
                                                                                             ●     http://en.wikipedia.org/wiki/History_of_capitalism
euronews hi-tech - 3D printing could 'revolutionise manufacturing'
                                                                                         Foxconn Sees New Source Of Cheap Labor- The United States – Forbes
    ●     http://www.youtube.com/watch?v=gzeH2SKHzJE
                                                                                             ●     http://www.forbes.com/sites/ericsavitz/2012/11/08/foxconn-sees-new-source-of-cheap-labor-the-
                                                                                                   united-states/
Journal Articles
                                                                                         Engineering A Singular Future For Humanity - 13.7- Cosmos And Culture – NPR
                                                                                             ●     http://www.npr.org/blogs/13.7/2012/11/14/165032838/embracing-your-inner-robot-a-singular-vision-
3-D Printing: The Future Comes Round Again 11.19 (2011): 5-9. The Seybold Report.
                                                                                                   of-the-future?ft=1&f=1019
          Web. 8 Nov. 2012.
                                                                                         Baumol's cost disease - Wikipedia, the free encyclopedia
Cáceres, Mauro, Ricardo Castillo, and João Rosário. "Digital Manufacturing –
                                                                                             ●     http://en.wikipedia.org/wiki/Baumol's_cost_disease
          Integration and Collaborative Industrial Automation Approach."
                                                                                         Are We Ready For the Coming 'Age of Abundance-' - Dr. Michio Kaku (Full) – YouTube
          International Review of Mechanical Engineering 4.3 (2010): 336+. Praise
                                                                                             ●     http://www.youtube.com/watch?v=ceEog1XS5OI&feature=related
          Worthy Prize. Web. 15 Nov. 2012.
                                                                                         A Flaw in Capitalism
"The Future of Manufacturing Opportunities to Drive Economic Growth." World
                                                                                             ●     http://www.vargr.com/pages/stories/images/markets.html
          Economic Forum. Deloitte Touche, Apr. 2012. Web. 17 Nov. 2012.
                                                                                         Compensating differential
Kefela, Ghirmai T. "Knowledge-based Economy and Society Has Become a Vital
                                                                                             ●     http://en.wikipedia.org/wiki/Compensating_differential
          Commodity to Countries." International NGO Journal 5.7 (2010): 160-66.
          Http:// Www.academicjournals.org/INGOJ. 6 July 2010. Web. 13 Nov.
                                                                                             ●     http://www.bls.gov/news.release/ecopro.nr0.htm
          2010.
                                                                                             ●     http://www.whitehouse.gov/the-press-office/2012/05/08/fact-sheet-update-bringing-jobs-back-united-
Kennedy, Paul. "The Rise and Fall of the Great Powers - Economic Change and Military               states
          Conflict from 1500 to 2000." Editorial. Fontana Press [London] 1989: n. pag.       ●     http://en.wikipedia.org/wiki/Commodity_fetishism
          Web.                                                                               ●

Future of Manufacturing

  • 1.
    Manufacturing the Future By Matthew Rose http://media.economist.com/sites/default/files/imagecache/full-width/images/print-edition/20120421_SRD002_0.jpg
  • 2.
    -Adam Smith http://cdn.ownthedollar.com/wp-content/uploads/2009/10/adam- smith1-270x300.jpg
  • 3.
    Learning Objectives ● Identifythe two forces reshaping the global economy ● Identify the emerging technical innovations that's changing manufacturing. ● Explain the shift from a commodity to an intellectual capitalist system ● Understand the relationship manufacturing has on economic growth.
  • 4.
    Manufacturing in theGlobal Economy ● Catalyst for higher-value job creation ● Rises standard of living for the growing middle class in emerging nation economies ● Increased competition between emerging and developed nations 70% of the income variations explained by differences in manufactured product export data alone.
  • 5.
    Two Key FactorsReshaping the Global Economy ● Evolving Digital & Robotic Infrastructures ● Economic Liberalization Manufacturing and FDI follows the path of least resistance
  • 6.
    Challenges Facing International Manufacturing ● Swift change from commodity capitalism to intellectual capitalism Many education systems aren't properly adjusted to this worldly change "Skills Gap" ● Wage differentiation ● Conflicting political systems ● Currency volatility ● Developed nations at risk losing intellectual competencies
  • 7.
    Solutions For TheAmerican Economy Over-stimulation of currency Austerity ?
  • 8.
    My Solution: Reinvestin America's Infrastructure
  • 10.
  • 11.
    REFERENCES Video Sources Online Publications Vijay Kumar: Robots that fly ... and cooperate Skills Don’t Pay the Bills ● http://www.youtube.com/watch?v=4ErEBkj_3PY ● http://www.nytimes.com/2012/11/25/magazine/skills-dont-pay-the-bills.html?smid=re- 3D-Printed Magic Arms share&_r=0 ● http://www.youtube.com/watch?v=WoZ2BgPVtA0 Future of Manufacturing A sandstone block built from lego, blending real objects with 3d prints ● https://www.youtube.com/watch?v=rIdoIKukpnU ● http://www.youtube.com/watch?v=4Fpe5UrLALE Creepily realistic robot can hold conversations and answer questions THE NEXT TRILLION DOLLAR INDUSTRY: 3D Printing ● http://www.businessinsider.com/3d-printing-2011-2?op=1 ● http://www.youtube.com/watch?v=IhVu2hxm07E Prosperity and Lack of Motivation Our Story In 2 Minutes ● http://www.jasonstaples.com/blog/2010/prosperity-and-lack-of-motivation-852 ● http://www.youtube.com/watch?v=MrqqD_Tsy4Q Ray Kurzweil: The accelerating power of technology Introducing the Leap ● http://www.youtube.com/watch?feature=player_embedded&v=IfbOyw3CT6A#! ● http://www.youtube.com/watch?v=_d6KuiuteIA President Obama Discusses Growing the Economy and Reducing the Deficit Contour Crafting- Automated Construction- Behrokh Khoshnevis at ● http://www.youtube.com/watch?feature=player_embedded&v=zNRH8X650nQ TEDxOjai Marcin Jakubowski - The Open Source Economy – YouTube ● http://www.youtube.com/watch?v=JdbJP8Gxqog ● http://www.youtube.com/watch?v=MIIzogiUHFY&feature=youtu.be PhantomX running Phoenix code Jobless recoveries and the disappearance of routine occupations – vox ● http://www.youtube.com/watch?v=rAeQn5QnyXo ● http://www.voxeu.org/article/jobless-recoveries-and-disappearance-routine-occupations Robot chefs taking over China's noodle bars History of capitalism - Wikipedia, the free encyclopedia ● http://www.youtube.com/watch?v=ukNkCnNJuR8 ● http://en.wikipedia.org/wiki/History_of_capitalism euronews hi-tech - 3D printing could 'revolutionise manufacturing' Foxconn Sees New Source Of Cheap Labor- The United States – Forbes ● http://www.youtube.com/watch?v=gzeH2SKHzJE ● http://www.forbes.com/sites/ericsavitz/2012/11/08/foxconn-sees-new-source-of-cheap-labor-the- united-states/ Journal Articles Engineering A Singular Future For Humanity - 13.7- Cosmos And Culture – NPR ● http://www.npr.org/blogs/13.7/2012/11/14/165032838/embracing-your-inner-robot-a-singular-vision- 3-D Printing: The Future Comes Round Again 11.19 (2011): 5-9. The Seybold Report. of-the-future?ft=1&f=1019 Web. 8 Nov. 2012. Baumol's cost disease - Wikipedia, the free encyclopedia Cáceres, Mauro, Ricardo Castillo, and João Rosário. "Digital Manufacturing – ● http://en.wikipedia.org/wiki/Baumol's_cost_disease Integration and Collaborative Industrial Automation Approach." Are We Ready For the Coming 'Age of Abundance-' - Dr. Michio Kaku (Full) – YouTube International Review of Mechanical Engineering 4.3 (2010): 336+. Praise ● http://www.youtube.com/watch?v=ceEog1XS5OI&feature=related Worthy Prize. Web. 15 Nov. 2012. A Flaw in Capitalism "The Future of Manufacturing Opportunities to Drive Economic Growth." World ● http://www.vargr.com/pages/stories/images/markets.html Economic Forum. Deloitte Touche, Apr. 2012. Web. 17 Nov. 2012. Compensating differential Kefela, Ghirmai T. "Knowledge-based Economy and Society Has Become a Vital ● http://en.wikipedia.org/wiki/Compensating_differential Commodity to Countries." International NGO Journal 5.7 (2010): 160-66. Http:// Www.academicjournals.org/INGOJ. 6 July 2010. Web. 13 Nov. ● http://www.bls.gov/news.release/ecopro.nr0.htm 2010. ● http://www.whitehouse.gov/the-press-office/2012/05/08/fact-sheet-update-bringing-jobs-back-united- Kennedy, Paul. "The Rise and Fall of the Great Powers - Economic Change and Military states Conflict from 1500 to 2000." Editorial. Fontana Press [London] 1989: n. pag. ● http://en.wikipedia.org/wiki/Commodity_fetishism Web. ●