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Comment Re: Wassa matter China? (Score 1) 87

OF COURSE the Chinese have been copying work from other countries, do you think they should have to go back and reinvent the airfoil if they want to build airplanes? Know who else does it? England. France. Myanmar. Mexico. Israel, Kenya, and every other frelling country on the planet. Industrial spying has been a thing every since industry was invented in the Stone Age, potters from India copied the recipe for improved pottery from kilns in Iraq and flint knappers from France copied flaking techniques from Croatia. What you were claiming is that China can only copy technology from others, which is incredibly ignorant and fairly racist especially since much of our modern Western civilization is based on technology copied FROM CHINA.

Comment Re:Update (Score 1) 20

Bezos specifically left Amazon to take over Blue Origin, which was formerly sort of an expensive hobby project. The subsequent housecleaning replaced the majority of the executive suites and empowered lower level employees. It was only then when we started to see actual advances from the company. Some people may loathe Bezos with every fiber of their being, but really no one can argue with the fact that he's an incredible manager.

Comment Re:The study actually says employment *rose* (Score 1) 59

On the other hand the guys who run the excavators at large job sites will be mostly gone, as will the dump truck drivers and most of the guys who pour cement, replaced with AI-controlled robots. China already has almost completely automated open pit mines (with all-electric equipment, eliminating cost and pollution of diesel as well) and much of the refining process. Conduit is being run on green-field construction sites, pulling cable through conduit has been automated for years, and loose cable runs are coming soon. Even the fast food place you mentioned is now running with a crew of 5 rather than 10-12 like at the turn of the century. Robots are walking guard patrols and will never come in drunk, fall off the loading dock while sneaking a cigarette, or take a nap in an unused meeting room. Amazon is deploying pick-and-pack robots, robots are stocking shelves in retail stores, robots are delivering food in restaurants and to homes.

UBI will soon be a necessity, since you only have a limited number of jobs cleaning porta-potties or tearing off roofs.

Comment Re: You can't cut off cheap Chinese goods (Score 1) 99

Deflation is not automatically bad, China is seeing deflation now, and that's actually the plan. To do it though you need competent leadership, which we in the west are sadly lacking.

https://kdwalmsley.substack.co...

Chinese deflation is a result of powerful supply-side forces that have the opposite effect: China’s economy continues to grow at solid rates, while rent-seeking profits are extinguished at the company level by high competition.

Comment Re:Competition (Score 1) 99

So what did the US do? Cut off China's access to advanced lithography equipment, prompting China to create its own litho industry. While they're not yet to the level of cutting edge chips from TSMC the new Huawai phones boast chips with their own design as good as the ones in iToys of just a few years ago.

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