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3D Printing Could Easily Destroy China’s Economy, Trigger Potential of Total Destruction of Worldwide Manufacturing, And Massive Job Losses


China doesn’t have long before the party is over. Their only current advantage is cheap labour and cheap manufacturing. The advantage is about to end…..

The winners in the world economy in 10 to 15 years will be the designers of things, not the makers.

The Economic ‘End Game’ of 3D Printing

Last week, Oxford University announced the development of synthetic material capable of performing some of the functions of living cells, built using a specially modified 3D prototype printer.

It is the latest in a series of exciting developments relating to 3D printing, especially in the biotechnology and medical applications.

Professor Hagan Bayley who led the research said that this development will probably result in damaged human tissue or even organs in the human body being able to be replaced.

But behind 3D Printing’s exciting facade lies a darker side – the potential of total destruction of worldwide manufacturing, and the crippling job losses that will go with it.

Taken further – a retailer in the future may simply purchase the schematic or software program direct from the manufacturer for a set fee. The retailer could simply let you point out which television you would like to purchase  from the display case and then ‘print’ one for you to take home within half an hour.

Taken even further than this, and where I believe it will ultimately end up, is the domestic 3D printer. Households will shop online for everything they require and print them at home on demand.

http://theglobalindependent.com/?p=315

3D Printing Could Be A Boon For Small Business

…That common obstacle is exactly why 3D printing technology is a potential game changer for small business. While manufacturing was once a big money, big business proposition, these new gadgets can put the power of prototyping and one-off manufacturing into the hands of the little guy. With one machine and a digital design, 3D printers can build a three-dimensional object of virtually anything right on the spot.

The Advent of Affordability

One of the most surprising things about 3D printing — besides what they can do —  is that the technology isn’t actually new; it’s just newly affordable.

According to Bloomberg Businessweek, the large, industrial versions of 3D printers are now as relatively inexpensive as $5,000, though some cost as much as $1 million depending on their capability, and can print in a variety of materials.

http://www.forbes.com/sites/capitalonespark/2013/05/06/3d-printing-could-be-a-boon-for-small-business/

 

 

Watch Will 3D Printing Change the World? on PBS. See more from Off Book.


 

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  • bobklinck

    Production is about to become largely effortless and to lead to economic ruin. Oh woe!

    The existing financial system has a knack for converting technological progress into societal disaster, yet people persist in worshipping at its altar rather than demanding a system that will effectively distribute the benefits of the technology.

    • Mombasa69

      Revolutions happen you will have to adapt to change, it’s unstoppable.

  • Doug

    Can I print me a house and a Porsche?

  • Paul Pace

    Can it print us a new president, instead of the clownish puppet of the Jews we have now?!?

  • Mombasa69

    Good bye China, you guys are so screwed, mass unrest is a huge problem in China as it is, take away their jobs and they’re totally f**ked. We wont need to have stuff made-in-China in the near future – we can just print it here in the UK.

    HAHAHAHA! Tough titties China!

  • Mombasa69

    No point being stuck in the past the next decade is going to drastically re-align the world economy, China are so totally screwed, I can see the country breaking up back into the old kingdoms that existed before the time of Ghengis Khan.

    No way will such a vast population be held united if there’s no jobs.