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Beijing spends billions on moonshot projects such as teleportation and artificial intelligence, hoping to shake off its reputation as a copycat economy and curb dependence on foreign powers.

US President-elect Donald Trump has invited Silicon Valley’s top brass to the Trump Tower in New York today for a special tech summit which is taking place right now – jobs and regulations are expected to be on the agenda. The meeting will be crowded with over a dozen tech executives, but apparently two of them will get a separate private meeting with the next President of the US: Tesla & SpaceX CEO Elon Musk and Apple CEO Tim Cook.

Germany is one of the richest countries in the entire world -- with 20% of their workforce employed in manufacturing. What are they doing right? A city upon a hill. A manufacturing powerhouse. An energy-efficient country; a country run on industry. Germany: the richest country in Europe with a GDP of $4.0 trillion; it has the fourth-largest economy in the entire world and is a few thousand square miles smaller than Montana. Margaret Warner of PBS said in 2012 that the country’s consistent success in manufacturing is derived primarily from an exclusive source:

China is closely following U.S. President Donald Trump's plans to create more domestic jobs by encouraging U.S. companies to bring home or "reshore" their overseas production, but the government will not change its overall strategy, Industry Minister Miao Wei said on Friday. "Regarding President Trump's efforts to revitalize U.S. manufacturing and allow more U.S. companies to move back to the United States, we are paying close attention to these policies but they will not affect the development of China's manufacturing industry," Miao said at a press briefing.

If you open the newspaper to the business section or listen to a politician talking about economic growth in the country, it may seem that manufacturing is booming in America. After all, the U.S. auto industry saw record sales in 2015, selling 17.5 million cars and light trucks. Americans spent an estimated $570 billion buying new rides. With thousands of jobs being added in the past few years, people everywhere are praising the industry for rebuilding our economy and the middle class.

Automation has touched just about every aspect of our lives, whether we directly see it or not. Robots and other automated systems are clearly the wave of the future, even if it may lead to significant job losses in the next 20 years. To highlight that point, automation and robotic technology has reached a point that makes it more cost effective for companies to use mechanical workers as opposed to actual slaves.

Like nearly every automaker, Ford is keen to figure out how 3D printing can improve its ability to develop and build new cars. Additive manufacturing holds the promise of shorter lead times, increased customization and lighter weight parts, among other efficiencies. Unsurprisingly, there's a lot of blue-sky thinking out there, and still not a ton of actionable data. But that's changing, including at the Ford Motor Company, which has an impressive new tool in its arsenal, the Stratasys Infinite Build 3D Printer.

The Fourth Industrial Revolution could bring mass global unemployment. On Friday, Treasury Secretary Steve Mnuchin said he’s “not worried at all” about artificial intelligence replacing human workers because it's “50-100 more years” off. In reality, data shows this is already happening — with an estimated 38 percent of existing U.S. jobs at risk of being turned over to machines by 2030, according research from PwC. Another study put out by the University of Oxford last year had similar estimates: The researchers found that 47 percent of US jobs were at risk of automation in the next two decades.

President Trump has very specific talking points when it comes to jobs in the U.S. They go kind of like this: China — bad. Mexico — bad. Outsourcing — bad. Made in America — great. Hiring American — even better. Trump and his supporters have spent a lot of time focusing on trade policies and how to bring back jobs lost to globalization, but experts say most of those jobs are not coming back. The key issue facing the American workforce — and therefore America’s prosperity and stability moving forward — is not trade, but technology.

Imagine going to work at 7:30 every night and spending the next 12 hours, including meals and breaks, inside a factory where your only job is to insert a single screw into the back of a smartphone, repeating the task over and over and over again. During the day, you sleep in a shared dorm room, and in the evening, you wake up and start all over again.

U.S. factory output fell unexpectedly in March, charting its biggest decline in seven months as auto production contracted in a check on the manufacturing sector's expansion.

Tesla Inc is recruiting engineers from Mexico to work on robotics and other automated equipment at its California factory, according to LinkedIn postings, part of a hiring push to ready the plant for mass production of the Model 3. The electric automaker aims to build 500,000 cars a year by next year at its plant in Fremont, California. That would be a six-fold increase from last year.

It’s less than two months before his company’s initial product launch, and CEO Ric Fulop is excitedly showing off rows of stripped-down 3-D printers, several bulky microwave furnaces, and assorted small metal objects on a table for display. Behind a closed door, a team of industrial designers sit around a shared work desk, each facing a large screen. The wall behind them is papered with various possible looks for the startup’s ambitious products...

Apple has announced that it is investing $200 million in Gorilla glass maker Corning Incorporated from it’s new Advanced Manufacturing Fund. The investment will support “Corning’s R&D, capital equipment needs and state-of-the-art glass processing”. Corning’s partnership with Apple began a decade ago with the first iPhone. Apple has committed to investing at least $1 billion with US-based companies focusing on manufacturing. Apple’s billion-dollar Advanced Manufacturing Fund was unveiled last week by CEO Tim Cook. The company claims it “supports 2 million jobs” in the U.S., including 450,000 at companies that supply it with components.

Axiom Space plans to launch the first commercial space station which will function as a manufacturing hub.

On May 12, hackers launched a “ransomware” cyberattack that would eventually infect 300,000 machines in 150 countries over a three-day period.

Foxconn says that it is still planning to set up U.S. manufacturing plants in ‘several’ states, in a deal worth $10B. Some $7B of that investment is earmarked for display production, with the balance allocated to a mix of other products. Foxconn chairman Terry Gou initially said that the company was looking at midwest states, before later naming seven states as candidates...

Wisconsin is about to shell out as much as $3 billion for the privilege of luring Foxconn Technology Group. At $519 per citizen, it would have been cheaper to buy an iPhone for every man, woman and child in the midwestern state. Let's be clear: The big winner isn't the taxpayer. It's Foxconn and its billionaire chairman Terry Gou. As I predicted several times, Foxconn would only come to the U.S. if and when his demands were met. Meet them is exactly what Wisconsin did, with an offering of tax credits, training grants and infrastructure improvements. In return, Foxconn said it will invest $10 billion and create 3,000 jobs.

This little brick factory isn’t supposed to be here. It should be in the Philippines, or Vietnam, maybe China. Not here, in the heart of Texas. Baseball gloves, like many other things, aren’t really made in America anymore. In the 1960s, production shifted to Asia and never came back. It might be America’s favorite pastime, and few things are more personal to baseball-lovers than their first glove — the smell, the feel, the memory of childhood summers.