Trump Plans Technology Conference With Silicon Valley Executives

■ President-elect Donald J. Trump plans a technology conference next week with high-profile business executives, many of whom opposed his campaign.

■ The chief executive of Carrier’s parent company says many of those jobs at that plant in Indiana will now be lost to automation.

■ Vice President-elect Mike Pence says the national security adviser-designate’s son has nothing to do with the transition, and it appears he no longer does.

■ Mr. Trump, who flies in his own private jet, appears to have ordered the cancellation of the next generation of Air Force One — via Twitter.

The tech industry was almost universally opposed to Mr. Trump, which might give the meeting a touch of combativeness. His transition team and cabinet posts draw much more heavily from Wall Street than Silicon Valley.

There is one major exception: Peter Thiel, a vocal Trump backer who is now in New York helping with the transition. Late last week, David Sacks, the chief executive of Zenefits, said he was stepping down amid conflicting reports that he will be working on the transition as well. Mr. Sacks is a longtime associate of Mr. Thiel.

The list of those being invited was not immediately clear, but among those expected are Mark Zuckerberg of Facebook, Tim Cook of Apple and Sundar Pichai of Google.

About those Carrier jobs in Indianapolis.

The president-elect’s move to save 1,100 jobs at a Carrier furnace plant in Indiana has been a political winner, even if it has raised concerns among economists on the left and the right.

Now the chief executive of United Technologies, Carrier’s parent company, says in the end, many of those jobs (he put the figure at 800) likely will fall to automation rather than Mexico.

In an interview with CNBC’s Jim Kramer, the C.E.O., Greg Hayes was blunt.

“We’re gonna make up $16 million investment in that factory in Indianapolis to automate to drive the cost down so that we can continue to be competitive. Now is it as cheap as moving to Mexico with lower cost labor? No. But we will make that plant competitive just because we’ll make the capital investments there.”

MR. CRAMER: “Right.”

MR. HAYES: “But what that ultimately means is there will be fewer jobs.”

He also confirmed that he feared standing up to the president-elect could be very costly to his conglomerate, which includes a lot of defense work.

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source: http://www.nytimes.com/2016/12/06/us/politics/donald-trump-transition.html?_r=0

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  • The Redman

    white-folks-98%- ruined america

  • Howleyesque

    Fewer… as opposed to? NONE.