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Leaving China

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Re: Leaving China

#4
What I find ironic is that as businesses leave China, they move into the exact same type of culture in Vietnam and India. Vietnam is basically a mini China and India is trending towards the same authoritarian regime that most people find distasteful.

The entire western world is so addicted to cheap labor I don't know what would happen when there is no more cheap labor to be found. There will be a huge social disruption when everyone everywhere in the world demands 100k salary a year with social benefits. That or AGIs come out and we get a disruption on the same scale.

Fun fact, Vietnam is moving from 5 days work week to 6 days work week while the rest of us are demanding 4 days work week here in the US.

Re: Leaving China

#6

What I find ironic is that as businesses leave China, they move into the exact same type of culture in Vietnam and India. Vietnam is basically a mini China and India is trending towards the same authoritarian regime that most people find distasteful. The entire western world is so addicted to cheap labor I don't know what would happen when there is no more cheap labor to be found. There will be a huge social disrupti…

The world will adapt when labor becomes scarce, it will have no other choice. The more scarce labor is, the more pricing power it has.

Arguing over “what if AGI” is like arguing about nuclear war and winter. It might happen, but no plans you form for it will survive contact with reality, so there is very little value in spending cycles on optimizing for it.

Re: Leaving China

#7

What I find ironic is that as businesses leave China, they move into the exact same type of culture in Vietnam and India. Vietnam is basically a mini China and India is trending towards the same authoritarian regime that most people find distasteful. The entire western world is so addicted to cheap labor I don't know what would happen when there is no more cheap labor to be found. There will be a huge social disrupti…

It's not as much about "cheap work" but about "cheaper work" and there will always be cheaper work somewhere.

Re: Leaving China

#8

What I find ironic is that as businesses leave China, they move into the exact same type of culture in Vietnam and India. Vietnam is basically a mini China and India is trending towards the same authoritarian regime that most people find distasteful. The entire western world is so addicted to cheap labor I don't know what would happen when there is no more cheap labor to be found. There will be a huge social disrupti…

One could argue that there is great value on being able to operate in different countries rather than centralize operations or manufacture in a single country.

Re: Leaving China

#9

What I find ironic is that as businesses leave China, they move into the exact same type of culture in Vietnam and India. Vietnam is basically a mini China and India is trending towards the same authoritarian regime that most people find distasteful. The entire western world is so addicted to cheap labor I don't know what would happen when there is no more cheap labor to be found. There will be a huge social disrupti…

The world will adapt when labor becomes scarce, it will have no other choice. The more scarce labor is, the more pricing power it has. Arguing over “what if AGI” is like arguing about nuclear war and winter. It might happen, but no plans you form for it will survive contact with reality, so there is very little value in spending cycles on optimizing for it.

I have a cynical view (sorry) that labor will always be cheap somewhere. It's part of the globalization machine, there will always be a decline somewhere, and if there isn't, one will be created.

Re: Leaving China

#10

What I find ironic is that as businesses leave China, they move into the exact same type of culture in Vietnam and India. Vietnam is basically a mini China and India is trending towards the same authoritarian regime that most people find distasteful. The entire western world is so addicted to cheap labor I don't know what would happen when there is no more cheap labor to be found. There will be a huge social disrupti…

The world will adapt when labor becomes scarce, it will have no other choice. The more scarce labor is, the more pricing power it has. Arguing over “what if AGI” is like arguing about nuclear war and winter. It might happen, but no plans you form for it will survive contact with reality, so there is very little value in spending cycles on optimizing for it.

Labor isn't really going to become scarce this century. Nigeria, etc.
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