Content pfp
Content
@
0 reply
0 recast
0 reaction

balajis pfp
balajis
@balajis.eth
Internet πŸ“ˆ Indians πŸ“ˆ China πŸ“ˆ DC πŸ“‰ 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).
19 replies
90 recasts
462 reactions

Giuliano Giacaglia pfp
Giuliano Giacaglia
@giu
I agree with the 3 takes except with China. In what metrics is China going upπŸ“ˆ? 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.
1 reply
0 recast
4 reactions

Giuliano Giacaglia pfp
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
2 replies
1 recast
1 reaction

Giuliano Giacaglia pfp
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?
4 replies
1 recast
5 reactions

Dwayne 'The Jock' Ronson pfp
Dwayne 'The Jock' Ronson
@dwayne
Actual manufacturing. At scale. They actually build the physical stuff.
0 reply
0 recast
2 reactions