Why do you need to go to Borders anymore?' asked Jackson.
'Why do you need to go to Barnes & Noble?
Buy an iPad, download your book, download your newspaper, download your magazine.'
'What becomes of publishing companies and publishing company jobs?
And what becomes of bookstores and librarians and all of the jobs associated with paper?
Well, in the not too distant future, such jobs simply will not exist.
Steve Jobs is doing pretty well. He's created the iPad.
Certainly, it has made life more efficient for Americans, but the iPad is produced in China.
It is not produced here in the United States."
Big U.S. Firms Shift Millions of Jobs and Billion$$$ AbroadU.S. multinational corporations, the big brand-name companies that employ a fifth of all American workers, have been hiring abroad while cutting back at home, sharpening the debate over globalization's effect on the U.S. economy.
The companies cut their work forces in the U.S. by 2.9 million during the 2000s while increasing employment overseas by 2.4 million, new data from the U.S. Commerce Department show. That's a big switch from the 1990s, when they added jobs everywhere: 4.4 million in the U.S. and 2.7 million abroad. In all, U.S. multinationals employed 21.1 million people at home in 2009 and 10.3 million elsewhere, including increasing numbers of higher-skilled foreign workers.