Foxconn replaces ‘60,000 factory workers with robots’:

One factory has “reduced employee strength from 110,000 to 50,000 thanks to the introduction of robots”, a government official told the South China Morning Post.

Xu Yulian, head of publicity for the Kunshan region, added: “More companies are likely to follow suit.” China is investing heavily in a robot workforce.

In a statement to the BBC, Foxconn Technology Group confirmed that it was automating “many of the manufacturing tasks associated with our operations” but denied that it meant long-term job losses.

Donald Trump likes to talk about how China is kicking our ass and taking our jobs. Hardly. Robots are taking our jobs and those jobs are never coming back.

How are people going to pay for iPhones without jobs?

We’re quickly approaching the point where we’re going to need to pay people to be unemployed.