Digitalization of what?
Chinese Economics Thread
- Thread starter Norfolk
- Start date
Digitalization at Mcdonalds.
I'm just puzzled at what he could be talking about. In terms of cloud computing, I can certainly see that case, but for digitilization?
For example, eCommerce is pretty well known to have started in United States. Amazon really pioneered this industry and US had a first-mover advantage, but by ~2010s China became the indisputable largest eCommerce marketplace and today nobody else is even close. Funnily enough, Amazon tried to expand to China and did terribly. They just could not compete.
For example, eCommerce is pretty well known to have started in United States. Amazon really pioneered this industry and US had a first-mover advantage, but by ~2010s China became the indisputable largest eCommerce marketplace and today nobody else is even close. Funnily enough, Amazon tried to expand to China and did terribly. They just could not compete.
Cloud adaptation, probably. But what do you mean by digitalization?
Automated/smart utility metering, electronic toll collection, smart agriculture, GPS/satellite navigation, etc.
A large bucket of ICTs used in all sorts of industries.
Stuff that came decades ago before China's development. Every major advancement since is adopted not only much faster but on massively wider scale in China -- eCommerce, 5G, Solar, EVs, drones, HSR.
Note the Beidou constellation is more accurate, and has more satellites for better coverage than GPS
Agriculture only accounts for 0.7% of US GDP. And arguably, the latest smart agriculture systems deployed in China are better than anything in the US.
The US has a balkanised electronic road toll system with multiple incompatible networks. I count at least 12 networks at first glance. In comparison, there is a unified system in China and the target is 100% adoption by 2025.
Once again only rent-seeking technologies adoption that have minimal value add to an actual society.
Like large scale use of UAVs checking crops and spraying pesticides/herbicides connected by 5G or unmanned farming equipment? Because China definitely has them beat.
Even if you count the year where GPS was released for public use way back in the 80s, you definitely cannot compare 80s US and China.
manqiangrexue
Brigadier
Just so you guys know, the whole reason you're having this conversation with @chgough34 is due to his concept that one does not need to know anything about China in order to discuss China. He has no idea China's rate of technological adoption because he's never been there or instantly tech-fucked the second he steps off the plane from all the gadgets spitting out information at him every time he tries to do anything from going into a shop to getting into a subway to using the restroom. He's just imagining that China is probably where the US is minus 10-15 years.