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Comment Re:Different worlds (Score 4, Insightful) 306

For comparision, when private capital and Saudi princes subsidize e.g. Uber, to capture market share, bankrupt competitors, dominate markets, and then set prices to whatever they want, that is totally fine. I guess it's because if someone does something as industrial policy and nation building, it's bad, but if it's just destruction out of pure greed, it's the bee's knees.

Comment Re:No (Score 3, Insightful) 159

The decline of the US empire started with the ascension to power of neoliberals, both parties, starting with the election of Reagan. Everything about the contemporary US is downstream from that. No matter who's in charge, the US has chosen business over people every time since.

The first graph here says pretty much everything you need to know https://www.economicshelp.org/...

Comment Re: Thanks Trump (Score 4, Insightful) 87

One tech event in isolation indeed does not look like speedrunning. But you witness them taking milestone after milestone every year, that perspective becomes challenged. Now you can piss on every achievement and say that they are nowhere near yet, but with every step they are getting closer, and they are taking the steps at speeds no one thought possible even a few years ago.

China has a homegrown AI industry running on a homegrown tech stack, and they are leaving the US in the dust by now, all the while being about 100x cheaper. They have fleets of robotaxis and trucks roaming the streets and highways like it's no big deal. They are eating up the cheaper end of mobile and communications chips market. And so on. Better take note, Tortoise, because this Achilles don't give a damn about Zeno.

As to them buying lito from other countries, the US is working hard at putting a stop to it. Whether they succeed or not, China can not afford to get caught by surprise.

Comment Re:DUV is a dead end (Score 1) 87

You don't get to the top of the stairs without taking, well, the stairs. Much more useful than to fixate on the current step, is to take note of direction and momentum. And when you keep an eye on the developments in the Chinese semiconductor industry, they momentum they have should have everyone in the West shit their pants.

Comment Re: Thanks Trump (Score 3, Informative) 87

This a thousand times.

China used to be happy to buy everything it needed from the West. But then the US spent decades screaming Bloody Murder China Is Teh Enemy and guess what, China listened, and figured they need to be able to cover their needs on their own. And the rest is pretty much history. China is now speedrunning every tech tree like there's no tomorrow, and with how the world and the US is going, they're most certainly right to do so.

Comment Re:Who is funding these groups (Score 0) 70

Indeed the US has solved all of it's problems, and has become a paradise on Earth. Therefore any criticism must be the work of the Enemy. Especially if this criticism comes from the younger generation, who definitely have a future, like being able to afford to own homes and to have children.

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