Trump 2.0 official thread

[tamsen_ikard]

I don't know how this thread got so derailed, but to bring it back on topic, we're getting more details on the Tiktok deal (@taxiya, you might be interested in these). The basic contours seem to be that Bytedance spins off a Tiktok (US) company to run the Tiktok platform. The new company will be majority-owned by a consortium of US investors, with a minority stake for Bytedance. The daily operations will be run by the same people as ever, with some new oversight from Oracle. There will be some kind of internal firewall between US and global versions. The algorithm will be licensed from Bytedance and reused, albeit with some US-specific tweaks to the parameters and data.

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All in all, I'd say this is a pretty solid win. The superficial optics (corporate shares, licensing, etc) become American, while the actual operations (code, data, etc) stay Chinese. If push comes to shove, control is in the hands of Bytedance engineers at the end of the day, not whatever investor's name is on the shares. The substance of the deal is broadly similar to the one in April, as I already said yesterday.

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As long as US tiktok stays under the de-facto control of Bytedance, I will consider that a win. With the deal like this, they are not creating a Tiktok Spin-off that can eventually challenge the global tiktok for audiance, that is key.

Hopefully this tiktok deal creates the framework for other Chinese apps to start entering the US market without worrying about getting banned in the future.

 

[RoastGooseHKer]

Nope, Shanghai should thank the rest of the country for sending top talents to the city to help built it to its current state.
Remember, the city didn’t pay for the migrants’ educations and the poor migrants’ children can’t get a decent education in the city and have to go back to their parents’ home towns.

Well the Hukou (Household Registration System) is indeed an unfair system, the state lacks the capacity to integrate migrants workers’ children into Tier cities. I mean it is just unrealistic and physically impossible to have children of migrant workers given the same access to education and healthcare as local Shanghainese, Beijingers, and Cantonese. No doubt it is unfair, but it is unrealistic to a have a sudden surge or elementary school kids and patients in the three Tier 1 cities. The entire welfare system would be saturated under such scenario in any country.

At the end of the days, it is about investing in more human capital in Tier 3 cities and inner provinces. It would have to be done via a combination of industrial policies (say Third Front 2.0) and market economy (ex. allowing provinces to flexibility adjust minimum wages and ease of firing in order to attract more businesses). Meanwhile, much more funding needs to be given to universities in inner provinces to accept their own students as well as students from other poverty stricken regions. For example, instead of giving affirmative actions to Tibet and Islamic regions (where education might risk them becoming more conscious of their unique identities), educational and gaokao point subsidies should be given to rural male students (China’s de facto Dalits) from Henan, Sichuan, Jiangxi, Yunnan, Guizhou, Hebei, etc.

 

[AssassinsMace]

I saw on a news crawl that said TikTok would still hold its Chinese characteristics. What does that mean? Being “Chinese” has brand value? Well if Ellison is going to have significant stake in TikTok, that means they gave it to the Jews to control. I never knew Larry Ellison was Jewish but the controversy over his son taking over Paramount Studios people are saying the CBS television network, who owns CBS, will now be an arm of pro-Israel propaganda because the Ellison family are staunch supporters of Israel. That’s of course if Xi Jinping okays the deal. But then again Trump has jumped the gun before saying there was a deal then there wasn’t.

 

[iewgnem]

I saw on a news crawl that said TikTok would still hold its Chinese characteristics. What does that mean? Being “Chinese” has brand value? Well if Ellison is going to have significant stake in TikTok, that means they gave it to the Jews to control. I never knew Larry Ellison was Jewish but the controversy over his son taking over Paramount Studios people are saying the CBS television network, who owns CBS, will now be an arm of pro-Israel propaganda because the Ellison family are staunch supporters of Israel. That’s of course if Xi Jinping okays the deal. But then again Trump has jumped the gun before saying there was a deal then there wasn’t.

Already posted, it means the algorithm, Americans gets to setup a separate US only TikTok and pay ByteDance for permission to use (note not access) China's export controlled algorithm, ByteDance/China continue to control what Americans see, but now Americans has to pay China for that previlage.

The only plus for Americans is they'll get censorship power over US users, which is what AIPAC cares about.

 

[lych470]

India can certainly be forced to fall into a middle income trap. They don't have the industrial fundamentals that east Asian countries built as they developed. India instead grew similar to Latin American countries.

They imported too much. Overconsumed too much.

So, there is a strong chance India will naturally fall into a middle income trap and stop growing. China and US can make that happen faster.

India is just going to be the Philippines writ large. Primary and tertiary industries without a manufacturing base.

Can't compare nominal GDP due to inflation. GDP or GDP/capita relative to G20 average or G7 average is a more accurate measure.

I think GDP by PPP is a good measure - in which case, India is actually doing quite well, it's the third largest economy after China and the US. However, where it fails is that China (and to an extent, the US) are relatively self sufficient when it comes to manufactured goods, whereas India still has to import quite a lot.

 

[pbd456]

Talk is cheap, no point to discuss India. If it becomes successful, good for them. If not, it is not a serious problem for china. Indians are free to believe anything they want.

The main argument is that there is a huge population and hence a huge demand and therefore able to make anything they need.

Same argument can be said for many other countries.

 

[AssassinsMace]

I'm not going to say there's a conspiracy but everything authorities are saying especially with Trump in office can be all lies. The father said the rifle was a gift to his son. Tyler Robinson already confessed to the roommate he was the assassin. So why would he lie about the rifle being his grandfather's hence why its importance enough to get the roommate to retrieve it for him because his father was going to get angry if it was lost? That doesn't need to be said. That was worse than assassinating someone one? The whole conversation could be made up to fit the Republican narrative. Just like Ghislaine Maxwell getting moved to a better prison facility, a deal could've been made so the roommate just has to shut up in exchange for not getting charged. In any other circumstance, you don't think the roommate wouldn't be sitting in jail too for not immediately calling authorities. It makes it more look like a transgender conspiracy. All Ghislaine Maxwell had to say was she didn't remember anything regarding Trump being involved. She's a first hand witness. It doesn't put her in a position where she would be found guilty of lying in the future but Trump and his followers would point to that confirming he wasn't involved when she's the second most guilty person that would know.

 

[henrik]

India is just going to be the Philippines writ large. Primary and tertiary industries without a manufacturing base.

I think GDP by PPP is a good measure - in which case, India is actually doing quite well, it's the third largest economy after China and the US. However, where it fails is that China (and to an extent, the US) are relatively self sufficient when it comes to manufactured goods, whereas India still has to import quite a lot.

India is better, as they have built their own CV, missiles and rockets.

 

[AssassinsMace]

Rumor is the possibility that Trump is going to have the US have a stake in TikTok. That's what the deal may be. Say goodbye to TikTok. I hope China got a lot of money for it.

 

[E100]

Rumor is the possibility that Trump is going to have the US have a stake in TikTok. That's what the deal may be. Say goodbye to TikTok. I hope China got a lot of money for it.

From what I heard the algo and data is going to be licensed and there is going to be a TikTok US version. Basically, the yanks get to stick some more of their investors on the board but they don't control the actual important stuff (the algo). Also means that TikTok global won't have to deal with Americans polluting the feed. Win-Win if I say so.