Right now we think of manufacturing as happening in China. But as manufacturing costs sink because of robots, the costs of transportation become a fa… - Kevin Kelly

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Right now we think of manufacturing as happening in China. But as manufacturing costs sink because of robots, the costs of transportation become a far greater factor than the cost of production. Nearby will be cheap. So we’ll get this network of locally franchised factories, where most things will be made within five miles of where they are needed.

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About Kevin Kelly

Kevin Kelly (born 1952) is the founding executive editor of Wired magazine, and a former editor/publisher of the Whole Earth Catalog. Kelly is considered an expert in digital culture, and is said to have helped make technology part of popular culture.

Biography information from Wikiquote

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If you are buying stock, the person selling it thinks it is worth less than you do. If you are selling, they think it is worth more than you do. Each time you are ready to buy or sell stock, ask yourself, “What do I know that they don’t?”

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