21–30 of 68 posts
I have heard the same horn be tooted in India over the last 2 decades, and India is no closer to the that goal than it was 2 decades ago.
The problems India faces can't be solved in 20 years. 1 generation for that is too little.
I do however think that India will undergo a massive push ahead the second we have a few cities where expats can return to without incurring a major loss in QOL or effective wages.
Earlier quoted context omitted.
While true that the US is no saint in this regard, the scale of IP theft by China is industrial, and well known.
Yes imagine if Thomas Edison had had his inventions stolen! American ingenuity stands on our patent system.
Not hard to do when you don't respect the intellectual property of anyone and close off your market
At some point I would think companies need to do their own R&D if they want to compete globally. For example, if China wants to lead the world in AI by 2025, they need the best people doing research.
Too conferences like CVPR are overwhelmingly Chinese and a Tshingua and Peking are world leaders in AI.
China is still lagging far behind in other areas, but they certainly haven't dropped the ball when it comes to AI.
PPP is and always will be a garbage metric. Don't compare my Pepperidge Farm 15-Grain bread, sold for $3 a loaf at the supermarket with steamed buns sold for ￥1 each on the street.
[EDIT] actually 3x might be low on the bread. 3.5-4x, probably, around here, to get a baguette that's on par with your average Parisian one, for instance. You don't even hit "kinda OK" until $4 or so, and you're still not guaranteed to be getting something that tastes like a baguette at all, let alone a decent one, at that price. Croissants too. I've had exactly one in my city that was close to the real thing and it was crazy expensive. They burnt it, though. So close, yet so far.
Maybe they will or maybe not. I can remember similar predictions about Japan and... let's say they didn't make it.
Remember the huge geisha advert in the 1982 Blade Runner? People were extrapolating from decades of Japanese economic growth, and thought that Japan will leave everyone behind...
Is this the new superpower 2020? I have heard the same horn be tooted in India over the last 2 decades, and India is no closer to the that goal than it was 2 decades ago. The problems India faces can't be solved in 20 years. 1 generation for that is too little. I do however think that India will undergo a massive push ahead the second we have a few cities where expats can return to without incurring a major loss in Q…
I’m moving back to India soon (NYC -> Mumbai). My quality of life will likely increase; wages will not even be close (savings rate might be the same though). Which cities are on your mind for this?
PPP is and always will be a garbage metric. Don't compare my Pepperidge Farm 15-Grain bread, sold for $3 a loaf at the supermarket with steamed buns sold for ￥1 each on the street.
Maybe they will or maybe not. I can remember similar predictions about Japan and... let's say they didn't make it.
Why was this comment downvoted to death? Remember the huge geisha advert in the 1982 Blade Runner? People were extrapolating from decades of Japanese economic growth, and thought that Japan will leave everyone behind...