Miscellaneous News

[chgough34]

That's old times, old man. China already dominates in several high tech sectors, has parity with the West in many others while it's still catching up in some. In virtually all cases (I used virtually because I know of no exceptions though I can't assume I know everything), China's moving faster regardless of being in the leading or chasing position. Meanwhile, as for the US "pushing the technological frontier," I see very little of that compared to pushing the frontiers of desperate underhanded tricks such as robbing its own henchmen and threatening them to not share tech with China, all signs of low self confidence and efforts in vain to keep pace with Chinese progress.

The fact that areas where China dominates aren’t the norm and need to be individually spelled out ends up proving the case. Otherwise, the presumption is that U.S. firms have the largest market shares and presence in any given sector. Chinas growth is catch-up growth (hence the slowdown in recent years) and thus can be expected to be faster than the U.S. for a fairly long period of time. Just diminishing returns to capital. As for the U.S. pushing the technological frontier - pretty topical that say, the U.S. was first to market with mRNA vaccines or LLMs and Nvidia GPUs are the talk of the town or U.S. oilfield/fracking technologies causing US oil production to increase substantially or U.S. cloud service providers having a near global monopoly, among countless others.

 

[sndef888]

Actually, China is trending way up in ASEAN compared to a decade ago. I mean even the idiot collin koh admits it.



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https://twitter.com/i/web/status/1775005512314335700

Pretty big win for China that I think is quite expected.

End of COVID + new visa exemptions makes China so much easier to visit and see for themselves instead of through Western media.

The only one that's a problem is Philippines. Vietnam may say they hate China but their economy is way too integrated with China's to do anything.

Thailand is a big win. Many were worried it would turn into the next US colony with the election favoring an American educated liberal just a couple months ago. The new PM has heavily promoted ties with China.

 

[henrik]

I’m describing the U.S. since China isn’t an exporter of “bulk agricultural commodities”, “LNG”, “F-35”s, or “GPUs” but it can be broadly generalizable

No. It’s social security and Medicare. U.S. military spending as a share of gdp is at all time lows.

With which countries? Which deals has the U.S. been unable to close?

The US was too scared to join the TPP and RCEP trade agreement.

 

[AssassinsMace]

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And someone posted in here a graph that Amazon buys the second largest amount of AI chips…?

 

[sndef888]

https://twitter.com/i/web/status/1775271317530706308

Not sure where to post this
US Navy's much sought after Constellation class has been delayed by 3 years

 

[henrik]

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And someone posted in here a graph that Amazon buys the second largest amount of AI chips…?

"But instead of closing the technological loop with pure automation and AI, the company also had to rely on an

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, who were acting as remote cashiers."

Do they mean they have Indians in India doing the manual calculation as consumers check out at their supermarkets in the US, instead of using their AI software?

 

[Engineer]

"But instead of closing the technological loop with pure automation and AI, the company also had to rely on an

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, who were acting as remote cashiers."

Do they mean they have Indians in India doing the manual calculating as consumers check out at their supermarkets, instead of using their AI software?

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[plawolf]

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Sounds suspiciously like the Afghan national army phantom soldiers debacle where imaginary workers are added to the headcount while the managers pocket the salaries while a literal calculator does the work.

 

[Randomuser]

Pretty big win for China that I think is quite expected.

End of COVID + new visa exemptions makes China so much easier to visit and see for themselves instead of through Western media.

The only one that's a problem is Philippines. Vietnam may say they hate China but their economy is way too integrated with China's to do anything.

Thailand is a big win. Many were worried it would turn into the next US colony with the election favoring an American educated liberal just a couple months ago. The new PM has heavily promoted ties with China.

I mean for a country that's supposed to be hostile with China, its the second highest in ASEAN that wants to visit China. Even Singapore with literal ethnic Chinese who can speak Mandarin isn't that high.

 

[BoraTas]

The fact that areas where China dominates aren’t the norm and need to be individually spelled out ends up proving the case. Otherwise, the presumption is that U.S. firms have the largest market shares and presence in any given sector. Chinas growth is catch-up growth (hence the slowdown in recent years) and thus can be expected to be faster than the U.S. for a fairly long period of time. Just diminishing returns to capital. As for the U.S. pushing the technological frontier - pretty topical that say, the U.S. was first to market with mRNA vaccines or LLMs and Nvidia GPUs are the talk of the town or U.S. oilfield/fracking technologies causing US oil production to increase substantially or U.S. cloud service providers having a near global monopoly, among countless others.

That is a lot of word salad based on wrong assumptions. The presumption is not US companies having the largest market shares. The US hasn't competitive in automotive (you know, a little significant industry) for 30 years. Boeing is being outcompeted by Airbus and aerospace had been the crown jewel of American technological capabilities before that. When you actually think about this, you keep reaching major examples. The said presumption just exists in your head.

China's growth isn't explainable by catch-up either. Otherwise, it wouldn't still have a productivity growth above the developing world's average. Regardless of what think tankers write, what happened in China and South Korea before that was special. Look nowhere further than China's southwestern neighbor with similar population. They exited WW2 in a much better condition yet they currently are in a far worse state. Their growth and technological capabilities are also significantly weaker than what China had when it had the said neighbor's current GDPpc.

Note: Fracking is banned or severely restricted in most of the world. It has far less future use than renewables related tech which China leads in.