The Tyranny of Average Cost - part the thirteenth

Once again, we see this happening. Here's a story about car making

The Volkswagen assembly line in Wolfsburg, Germany. Volkswagen's big advantage over Tesla is its size, which allows it to spread the cost of developing new technologies over millions of vehicles.
[photo caption and my emphasis]

Recognition, once again, that the cost of capital, like the poor, will always be with the bidnezz man. As labor disappears as a cost of production, and machines and tools wax poetic, the only way to survive is to maximize output. Your other options, reducing labor and using cheaper materials, either don't exist or eventually lead to customers figuring out the grift making do without. Thus another reason to pursue monopoly as hard as possible. Once you've cornered the market, then substitute cheap materials. Thus has happened with much of PC compute, especially consumer SSD.

The method until now has been to move production to Asian dictatorships, and the reduced labor cost. But that only works if more primitive production methods (i.e., less capital intensive) can produce sufficient output. Over the last decade and a half, even Foxconn is dumping labor, here (2006) and here (2011).

Should this trend continue long enough and deep enough, demand, along with employment and wages, will disappear. "I alone can fix it."