Earlier quoted context omitted.
> On the other hand, according to the tech press at the time, the Japanese were going to eat our lunch. Put us all out of work. Rule the world with an iron fist. Sound familiar? Thankfully history doesn’t repeat itself with another Asian country going all in on AI with a scary huge real estate bubble.
Drawing trite parallels is very ha-ha, but we have to remember that while Japan only has half the population of the US, China’s population is much more. It’s a little suspicious arguing that one Japanese person is somehow destined to be more productive and inventive than two American people; it is even more suspicious arguing the same for one American and five Chinese.
How many Chinese are meaningfully in the present? As I understood it, there was still a non-trivial population living in a less-than-modern way.