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America Is Missing The New Labor Economy – Robotics Part 1

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351–360 of 448 posts

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

#351

Earlier quoted context omitted.

burlington, vt. a place that has deep regulatory issues, but that is only part of it. https://www.vermontpublic.org/local-news/2024-05-23/uvm-halt...

So 1) yes construction costs are a huge, huge factor (especially right now), but 2) land is about $1.5MM/ac in Burlington VT. A few miles outside of it, land is about $150,000/ac. Consider a 2 acre project: $3MM in land costs inside Burlington $300,000 in land costs right outside Burlington What projects would could you do on the $300,000 lot that you can't possible do on the $3MM? Basically all of them! Regarding th…

are you googling your cherry picked facts? nice debate win! (might help to have local context)

regardless, why do you think land in burlington is expensive?

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

#352

Earlier quoted context omitted.

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

What they got wasn't capitalism, it was kleptocracy.

If you look how capitalism is actually implemented, it always has bigger or smaller kleptocratic component.

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

#353
post #174

American tech workers need to start paying attention to Chinese national policy, the National People's Congress is happening right now and it's how China sets long term goals and targets. "Made in China 2025" was a massive national strategic plan that was 10 years in the making, and was designed in 2015. It laid out all of the key sectors for "value added manufacturing", and by most accounts, they've been delivering…

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.

Chinas demographics are a ticking time bomb

They’ve also massively overinvested in sectors like real estate

But maybe if Drumpf screws up the US enough, they will be able to weather these problems

Or perhaps AI will get so good it won’t matter

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

#354
post #339

Earlier quoted context omitted.

Chinese people have an irrational amount of love for international standards.

What makes it irrational?

Sure beats sitting around discussing, complaining, and half assedly developing a replacement standard and getting nowhere. Perfect being the enemy of good and all that.

https://xkcd.com/927/

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

#355

Earlier quoted context omitted.

And yet the revolutions he inspired end up (in many ways) more dystopian than the capitalism they seek to replace..

So what? People have been misinterpreting and misusing knowledge, realizations, and stories since basically forever. That doesn't make the original works worthless or any less insightful. You would be hard pressed to link most of the policies of communist nations to things Marx said or advocated for. The vast majority of Marx's works is pointing out flaws in capitalism, not prescribing policies to use instead.

I agree with your points but they do not lead to the conclusion that the GP was implying (that Marx contains the solution to what ails us)

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

#356

Earlier quoted context omitted.

So 1) yes construction costs are a huge, huge factor (especially right now), but 2) land is about $1.5MM/ac in Burlington VT. A few miles outside of it, land is about $150,000/ac. Consider a 2 acre project: $3MM in land costs inside Burlington $300,000 in land costs right outside Burlington What projects would could you do on the $300,000 lot that you can't possible do on the $3MM? Basically all of them! Regarding th…

are you googling your cherry picked facts? nice debate win! (might help to have local context) regardless, why do you think land in burlington is expensive?

No, those are real numbers spot-checked from Zillow. I was on my phone and, ya know, it's an Internet argument, so they're definitely ballparked, but they are from real actual land sales inside Burlington and then a few miles outside of Burlington.

I suppose the delta is surprising to you?

It's expensive because it's productive. The marginal productivity of living/working in Burlington means the market can sustain higher costs, ergo the costs go up.

This is more problematic than every other good because 1) they cannot add more land inside Burlington and 2) the land doesn’t actually have higher carrying costs by virtue of being more expensive (unlike roughly every other asset).

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

#357
post #196

Earlier quoted context omitted.

Are there particularly good news sources to follow? I'm not sure what to follow to get either the source material or good commentary.

Right now, I try to consume content directly from the dragon's mouth with official news and reports, but it requires a bit of experience knowing how to read between the lines and having a strong bullshit parser. Similarly, most English language analysis from mainstream media is comically bad - CNN and American news outlets sent reporters to Beijing this week and bombarded attendees and delegates walking into the cong…

Have a feed I can add to mine?

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

#358

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.

Chinas demographics are a ticking time bomb They’ve also massively overinvested in sectors like real estate But maybe if Drumpf screws up the US enough, they will be able to weather these problems Or perhaps AI will get so good it won’t matter

China is automating [1], they know the demographics dividend is ending. More industrial robots are built and sold in China than anywhere else in the world. They are going high tech [2], and will outcompete the US in high tech (based on all available info). They have the will, the US does not (too busy chasing short term gains and ideological wins), based on all available evidence [3].

[1] https://itif.org/publications/2024/03/11/how-innovative-is-c...

[2] https://www.aspi.org.au/report/critical-technology-tracker

> Our research reveals that China has built the foundations to position itself as the world’s leading science and technology superpower, by establishing a sometimes stunning lead in high-impact research across the majority of critical and emerging technology domains.

> China’s global lead extends to 37 out of 44 technologies that ASPI is now tracking, covering a range of crucial technology fields spanning defence, space, robotics, energy, the environment, biotechnology, artificial intelligence (AI), advanced materials and key quantum technology areas. The Critical Technology Tracker shows that, for some technologies, all of the world’s top 10 leading research institutions are based in China and are collectively generating nine times more high-impact research papers than the second-ranked country (most often the US). Notably, the Chinese Academy of Sciences ranks highly (and often first or second) across many of the 44 technologies included in the Critical Technology Tracker. We also see China’s efforts being bolstered through talent and knowledge import: one-fifth of its high-impact papers are being authored by researchers with postgraduate training in a Five-Eyes country. China’s lead is the product of deliberate design and long-term policy planning, as repeatedly outlined by Xi Jinping and his predecessors.

[3] https://news.ycombinator.com/item?id=43338771

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

#360
post #321
post #318

Earlier quoted context omitted.

highly meritocratic system all the way from bottom to top. incredible indeed. in china you start as a low level official managing a village, if you succeed - you're promoted to town etc. they keep detailed records of your performance in school from kindergarten and a comprehensive dossier is compiled to evaluated by party officials. that means you will never have a nincompoop in charge at any level. maybe chinese nat…

> they keep detailed records of your performance in school from kindergarten and a comprehensive dossier this also means you want your record pristine. And it is also why officials cover up problems rather than report it up. But their current success to out-maneuver the US in terms of trade, as well as capacity, is testament to perhaps the success of such a system. I do recall there was a massive purge on corruption…

That massive corruption purge is mainly Xi purging rival factions like Shangai and Jiang. Sure, it also targeted corrupt officials, but main target is rival factions in consolidating Xi grip on power. There isn't lot of taboo about corruption if you align with the correct faction.
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