Gradual Harm of Industrial Transfer Emerges

Industrial production is shifting to Vietnam, so products we use in the future may be made in Vietnam rather than China. One side effect of this relocation is a widening wealth gap, leaving even more people unable to make money—a trend that will accelerate with the rise of AI. According to the article, factory order volumes have dropped by nearly 60%, leading to widespread workforce reductions.

Hard to Get Into the Electronics Factory