cute_polarbear

cute_polarbear t1_je6h2y5 wrote

For many of these stuff, many of the manufacturing and crucially, supply chain down to sourcing of raw material had been completely moved over to China over last 30 years or so. Most of us focus on assembly of the final phone, which is not yet fully automated, in part due to stringent requirements and labor cost (humans are still cheaper), but more and more aspects of the manufacturing process is and will be automated. Just a matter of time.

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cute_polarbear t1_j2zpxnb wrote

Yeah. I am top 1-2% in income and thinking 2x about upgrading my 4 year old TV or a new espresso machine (Jura). Granted I am in one of the most expensive cities in US with multiple kids (and thinking about their college). That's the other thing, top tier private university is insane amount of money in US (it's like 60-70k usd not including anything else per year now)... Retirement is still a while away, but also thinking about that...

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