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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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max ↑🎩
@baseddesigner.eth
China launches satellites constantly tho too All of their products just aren't accessible for the rest of the world They have a billion of people inside the country and it's more than all telegram users (and bots) already Production happens mostly in China and right now they're producing high quality electric cars and cheaper than tesla.
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max ↑🎩
@baseddesigner.eth
I'm not the most knowledgeable person on the topic though
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