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that last point doesn't really follow. yes, you can do you ok if you have the kind of expertise to actually make that high end part and the position in the market to get the kind of work, but I think you overstate the margins and its certainly not the 'are you going to drop people or just increase your volume' argument that gp was making.
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Well yeah, I'm not gp. My point is that, sure, machine shop count has gone down, but machine shop capacity, with conditions, currently has a 16 week lead time and high prices. If the argument is "there is enough machine shop output that everyone is going to get fired after the robots come" I'm saying there's a long way to go. And the same argument for writing software applies to machine shops. There's more to programming than writing code itself. There's room to grow upwards and meet the customer more where they're at so the machine shop isn't an extension of a robot that does cut x at point y and bends at z, but with the design process of the part before it gets to that.
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