Posted October 31, 2017 by Esslinger Staff
One of the readers on financial times responded to an article published there. The article discussed the concerns of automation affecting human employment. The reader, whom we believe to be a watch enthusiast, has beautifully replied by stating the example of the watch industry. The response has been posted on financial times website as a separate article and apparently, it is of merit to deserve it.
The user remarks that when the cheap Japanese quartz watches invaded the watch industry, the traditional watchmakers turned their watchmaking skills into something that would preserve the artisanal value of the mechanical watches. The watches found a market for their precise handiwork and generated a lot of jobs. The reader further remarks on today’s automotive industry where even the luxury cars have mass produced interiors. This industry, for example, can not only save human labor from getting obsolete but improve the value of the products.