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America Is Missing The New Labor Economy – Robotics Part 1

semianalysis.com

301–310 of 448 posts

Re: America Is Missing The New Labor Economy – Robotics Part 1

#301

Earlier quoted context omitted.

Why would you presume that? CCP has become far more autocratic, and the goals of autocracy: 1) maintain the autocracy 2) have a strong police to preserve the autocracy from rebellion 3) have a good enough economy to defend the autocracy from external threats ... ten more "for the autocracy" points ... improving the country for the people Also, Zeihan overselling or not, China is facing an unprecedented demographic de…

CCP under Xi has reverted to form after some temporary loosening up, but it's still way less autocratic than it was during the Mao era. Also, the CCP ultimately derives its legitimacy from materially improving the country for the Chinese people: back in the day fighting back against the Japanese and corrupt warlords, now economic progress. Both the Chinese people and the CCP know well what it means if they stop deliv…

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Re: America Is Missing The New Labor Economy – Robotics Part 1

#302

Earlier quoted context omitted.

The US has certainly wasted much of their wealth since the end of ww2 trying to keep their imperialism 2.0 going.

Isn't this what Trump is trying to rectify now?

Trump is discussing annexation of my country. Maybe you're thinking of Imperialism 1.0?

Re: America Is Missing The New Labor Economy – Robotics Part 1

#303
The sheer quantity of completely ridiculous, absurd economic and political beliefs, and predictions on this comment thread is amusing, all the more so when you consider that so many on HN who deride the wealthy are themselves part of the global 1% of elites in terms of income and access to resources, and have made their way to this position in the very same market economies that are supposedly bringing us all to slavery and misery of nearly feudal proportions.

For a site whose readers like to tout the general trend here as being of people with above average intelligence, ignorance and blindness to the obvious is rife.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#304

Earlier quoted context omitted.

At this point all China needs to do is the gaben strategy, doing nothing while America keeps shooting itself in the foot. Trump seems to have unlimited bullet supply.

Sadly, they really need to start consuming 100x what they are currently to even have a shot

That would make American businesses very happy, but what would be so good for China? There's a reason they made the decision to artificially suppress domestic consumption in favor of building a strong manufacturing base and export-focused economy, and it seems to be working well for them.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#305

Earlier quoted context omitted.

At this point all China needs to do is the gaben strategy, doing nothing while America keeps shooting itself in the foot. Trump seems to have unlimited bullet supply.

Sadly, they really need to start consuming 100x what they are currently to even have a shot

It looks like China is quickly becoming a domestic consumer economy.

Look at BYD sales and Ne Zha 2.

Their gaming industry and entertainment industries are starting to pull ahead of the US.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#306
post #275
post #270

Earlier quoted context omitted.

What makes these plans go so successfully, when the soviets have historically not been able to make such plans successful (despite being richer and more powerful at the time)? This video about Argentina's economic failures mentions why free market capitalism failed in argentina, and why a "similar" opening up in china didnt fail (but not so much detail that another country could follow it and replicate the success).…

> What makes these plans go so successfully, when the soviets have historically not been able to make such plans successful (despite being richer and more powerful at the time)? Soviets had more hardcore ideologues at helm most of the times until SU dissolution. They hardly allowed their ideology to be diluted without challenge, which made plans infeasible without real time feedback. China's Mao era was somewhat simi…

So China introduced market competition at the political level and at the economic level.

And they did it while remaining authoritarian. Incredible.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#307
post #270

Earlier quoted context omitted.

What makes these plans go so successfully, when the soviets have historically not been able to make such plans successful (despite being richer and more powerful at the time)? This video about Argentina's economic failures mentions why free market capitalism failed in argentina, and why a "similar" opening up in china didnt fail (but not so much detail that another country could follow it and replicate the success).…

The early industrialization 5 year plans actually worked better for the Soviets than the Chinese, and I think it comes down to execution? Stalin being the more numerate psychopath? The last 30-40 years it's different, the Chinese have navigated market liberalization and transitioned from copying to leading in a number of areas, while still having a central planning aspect. It could be that some amount of central plan…

IIRC the Soviets got that done with a lot of help from the US.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#308

Earlier quoted context omitted.

Soviets might just really be bad at everything. Capitalism didn't work for them either.

If it wasn’t for the Soviets you’d be writing this comment in German :) And Capitalism does not work for USA or anywhere else either (except for very few people at the very top of the pyramid (scheme…)

They’re good at throwing their population into the meat grinder, sure.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#309

Earlier quoted context omitted.

I think it's well documented that modern bureaucracy is at least inspired by China's bureaucratic machinery: https://en.wikipedia.org/wiki/Civil_Service_(United_Kingdom) > Under Charles Grant, the East India Company established the East India Company College at Haileybury near London, to train administrators, in 1806. The college was established on recommendation of officials in China who had seen the imperial examin…

I didn't know this and have always wondered why in the UK we didn't have something like the Chinese system for civil service. Ironically the civil service is full of intelligent people and it's a competitive grad programme, but it's also wholly undesirable as a career path for many. I know plenty of smart driven people who want to make a difference who won't go anywhere near the civil service for fear or bureaucracy…

In ancient China, power and social status were gained through official positions, and merchants were considered the lowest of respectable occupations. This led to the exams attracting many of the "best and brightest" to government service. In modern western countries, being wealthy is the best way to get respect and adulation. The "best and brightest" spend their education learning how to extract value from the rest.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#310

Earlier quoted context omitted.

Consumer robotics, maybe - but commercial robotics has been a critical component of (for instance) Amazon’s fulfillment infrastructure.

Amazon acquired that facet of its business, and should not be considered a B2B product. Most general purpose robot firms just don't do well domestically, and rarely make it past a business cycle. I would partner with Festo Germany before touching US markets. =3

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