Software Saves Manufacturing?
In “How Coders can Save the American Factory“, Tim Fernholz raises a few interesting data points:
First, it enables increased efficiency with time. SpaceX, the world’s first commercial spacecraft that docked with the International Space Station last summer, leveraged software to reduce its time-to-manufacture by 80%.
80% seems like a savings worth achieving in most businesses… What about yours?
Software is eating manufacturing right in front of us. While that has a negative impact on jobs in advanced economies right now, having workers who can make and fix software could mean more work relative to other countries.
It’s an optimistic view, but I hope he’s right, that software can actually help us retain more manufacturing jobs (and factories) to produce here in America.