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balajis
@balajis.eth
Internet 📈 Indians 📈 China 📈 DC 📉 Those are the four forces on the world as I see them. The Internet, Indians, and China are rising. DC is falling. And America is split between the American Network (rising with the Internet) and the American State (falling with DC).
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Giuliano Giacaglia
@giu
I agree with the 3 takes except with China. In what metrics is China going up📈? China's working population is declining. Their GDP per capita is also not growing as fast. Taiwan, for example, has 3 to 4 times faster grow compared to China.
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Giuliano Giacaglia
@giu
On top of that, China debt to GDP is pretty high overall. Their real estate that is over collateralized and represents a big percentage of their GDP
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Giuliano Giacaglia
@giu
And what industry of the future is China leading? Crypto is banned. There is no crypto project that I can recall that is based in China. AI is mostly led by Western companies: Mistral, OpenAI, Meta, Anthropic... Space is done by the west: SpaceX, Varda, RocketLab Autonomous and Robotics is based in the US: Tesla, Rivian and Waymo. The only player that they have here is Baidu. They sell commoditized electric cars. But they also sell commoditized smartphones. Most of the profits still go to either Apple or Samsung. So in what way is China the future?
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Giuliano Giacaglia
@giu
I'm actually trying to learn!
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balajis
@balajis.eth
Good qs. I wrote a long response thread here with 10+ graphs. https://warpcast.com/balajis.eth/0x7c9076a9
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Giuliano Giacaglia
@giu
Loved the response! Thank you!
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