The present period is a turbulent one – what we were previously adapted to for generations is at present a question of one year and perhaps only several months.
According to obtained drawings we produce for them components which we know that owing to their design and prescribed material their operating life is very close to the end of their warranty. Their production and repeated checking become increasingly dearer which reduces the minimum profit from the price laboriously gained in the price competition. And in addition, due to a contractual commitment, next year this price should be reduced by another five percent..... How should this be done when the Chinese monopoly suppliers are gradually increasing the price of the material inputs. We are looking forward with hope that the proclaimed digitization and robotization which as the “invisible and omnipotent hand of the market“ will replace missing people, increase our competitiveness and effectivity and sometime in the future will enable us to work four days a week. But will this really happen? Is this wish only father to the thought? Let us stop listening to the reasoning of academicians and philosophers and let us be realists in our enterprises and stand firmly on the ground.
The world we are living in is radically changing. And this is not caused by the digital revolution which is only a link in a certain ecosystem. We are experiencing a synergy of new technologies, materials, approaches and processes. It is anticipated that the next one hundred months will bring such social jumps as in the entire twentieth century. Innovations in space, aviation, power engineering and other hi-tec fields are now becoming standards in civil use. Owned products will transfer into shared services, bio and nanotechnologies will become a common part of our lives – surely once we will be able to print anything that will be missing in our homes, etc. – fantasy has no limits. We are looking to the future use of something almost supernatural. In this respect, however, let us find our opportunity and ask what role in this performance are we Europeans, going to play.
This article was published first on MM International.