Earlier quoted context omitted.
The US also has the highest spending in health care per capita. Spending does not equal outcomes.
Yes, I agree. But the comment implied neglect, which is false. Our education system is a mess, but it's not due to neglect, and it doesn't have anything to do with manufacturing being shipped abroad. As a side note, the US has the second highest public spending per capita (second only to Norway, last I checked). Our Government spends more per citizen than all but one "socialist" country. We then of course spend anoth…
America Can’t Even Produce the Things It Invented
121–130 of 194 posts
Re: America Can’t Even Produce the Things It Invented
#122At a certain point, does automation/robotics swing the manufacturing base back towards the west?
It depends, but probably not. The main benefit would be transportation/logistics, but intercontinental freight shipping is pretty cheap and fast (especially China -> USA). Assuming equivalent machine costs (Chinese firms can potentially get government backed deals from to local & international vendors), equivalent financing (subsidized loans are common in China), equivalent operating costs (rent in the US is ridiculo…
I know of at least one automation equipment company that prices their machines in China at about half of what they charge to US customers, because that's the price point that the market will bear. Exact same machines, same specs. Just like any other region-based price discrimination.
Re: America Can’t Even Produce the Things It Invented
#123I wish Silicon Valley wasn’t just about software, particularly adtech. Some of the most brilliant minds are working on optimizing click ratios. There is some hardware tech (Apple, nVidia, Intel, Tesla), but vast majority of the engineers are working on cushy jobs paying $400k to serve ads. SV should be leading investments in Semiconductors, automation and manufacturing tech. It doesn’t even live up to its name. If yo…
I think about things like this: What if all the wallstreet quants and sv adtech guys were all put on a nuclear fusion project?
It would be like an unstoppable force against an immovable project.
Re: America Can’t Even Produce the Things It Invented
#124Earlier quoted context omitted.
Can you provide source for these numbers?
It's always interesting to me when people react like this to an internet comment without sharing any research they did themselves. To me a forum like this is like when I'd be sitting around in uni wondering aloud about some problem and someone will say "Well, maybe if you use the fact that the functions which invert the sign of the √2 and √3 parts in Q(√2, √3) are automorphisms, then you can see that the group contai…
I didn't do any particular research here, because it conflicts with the preexisting knowledge I have about the subject, and because my experience tells me that figures like these, which can be, and especially when they actually are used to further political narrative, are often misleading, and/or wrong. However, I didn't want to accuse the commenter of any bias or misconduct, hence I phrased my question to leave out my skepticism.
The truth of that part isn't important. It's the fact that it's a good faith hint.
You actually hit the spot: you can assume good faith when sitting around in uni and asking people to help you calculate Galois groups. You cannot assume good faith when talking to strangers online on politically charged topics: even if they are themselves operating in good faith, it is highly likely that they were fed, as you call them, "hints", by bad faith actors. Hence, I ask for sources.
I noticed that most people who really know their field don't cite their assertions. It makes sense. So now I'm not surprised when people don't provide a citation.
That's because they can rely on their authority and experience to establish trust, and they have reputation to protect in case their assertions are actually completely wrong. None of this is true when talking to random, anonymous people online.
Re: America Can’t Even Produce the Things It Invented
#125Earlier quoted context omitted.
For Tesla, collecting self-driving training data as well as general fleet data. For Square, collecting transaction data to mitigate risk so that merchants worldwide can take payments. For Uber/Lyft predicting areas where there will be people needing rides to optimize transportation needs. Plenty of real-world applications other than ads.
I used to work with a guy that liked to talk about how much porn has helped technology - primarily that the desire for privacy (in viewing and purchasing) helped drive SSL adoption. I'm sure he was being facetious, but the idea that an industry like porn or ads might drive technology that then can benefit other 'worthy' industries seems obvious to me.
sort of deal with the devil though.
Re: America Can’t Even Produce the Things It Invented
#126Earlier quoted context omitted.
Dems used to be pro labor, Repubs used to be pro business (on balance, but kind of served both when it made sense). In the ‘80s Dems saw being default pro business was more lucrative and jumped ship. Now both parties play both hands and workers get shafted. Oh but the Dems are pro workers! No, they are not. They pretend they are. The only ones who are pro worker also sold out (Bernie) and went globalist —Compare his…
Democrats distract their base with identity politics (free sex changes! defund the police! and such woke nonsense) while their wealthy supporters get rich selling the country to China.
Re: America Can’t Even Produce the Things It Invented
#127Earlier quoted context omitted.
The problem isn't comparative advantage, it's that the US left the poor states to languish with poor education. So instead of higher quality manufacturing / blue collar jobs, non-educated folks got minimum wage service jobs.
There are not enough "higher quality manufacturing / blue collar jobs." The US has embraced an economic model of outsourcing manufacturing and shifting to an economy based around intellectual property, finance, and other knowledge work. What's left is low-skill, low-pay service jobs, where outsourcing is not possible, but where technology is instead the threat. And knowledge jobs are jobs for smart people. Most peopl…
Re: America Can’t Even Produce the Things It Invented
#128Earlier quoted context omitted.
Democrats distract their base with identity politics (free sex changes! defund the police! and such woke nonsense) while their wealthy supporters get rich selling the country to China.
Medical care and not being harassed/shot are also important, and the Democratic party doesn't seem particularly enthusiastic about those things either.
Next four years will be a feeding frenzy for the sociopaths of America.
Re: America Can’t Even Produce the Things It Invented
#129Earlier quoted context omitted.
Your politicians failed you. You vote for them, and you feel good if they win. But then what happens? Nothing. The rich keeps getting richer. While the poor stays poor. And the middle class becomes poorer. The elites just wants to make more money. And what do they do? They buy out the politicians, in order to keep themselves rich. And what’s the biggest lie that they’ve sold you? That trickle-down-economics works for…
Who is the "you" here? Given that this is a tech focused website, I bet a lot of people on here have done very well in recent years. Hard to consider the 20- and 30- something year olds making $500k/year at a FAANG or a few million dollars when the unicorn they work for IPOs an oppressed class.
Re: America Can’t Even Produce the Things It Invented
#130Earlier quoted context omitted.
The elites have been in power since idk when.
Right, the one guy trying to knock it all down, you decide to vote out of office, because the Elites said he was racist. Bravo! Typical stupid Americans doing exactlt what the Elites want.