3 ms·

> the time it takes to create, design, or build a new product decreases day by day This part really struck me. Outside of building websites, it feels like the

> the time it takes to create, design, or build a new product decreases day by day This part really struck me. Outside of building websites, it feels like the opposite has happened in the US over the past 30 years or so.

aj7 8y ago
No products are created in Shenzhen. They are cobbled together from components designed and manufactured by others. This is not creating, designing. It is building something, I suppose.
- wer716 8y ago
  So unless you "create" a completely new language or chipset, you are merely just "building" things?
dnomad 8y ago
This is the most incredible thing about China. The numbers are very clear: there are about 10_000 companies are being formed each day in China [1]. The government is actually investing heavily in these new firms and they receive all kind of economic, political and social support. Meanwhile in the US and much of the West new firm formation continues to plummet [2] and labor fluidity has collapsed leading to stuck wages [3]. You can see by the comments in this thread how much this state of affairs frightens people and of course all positive news out of China must be propaganda. It's unfortunate but all signs indicate this will likely continue until it's too late and Silicon Valley finds itself on the outside looking in. [1] https://news.ycombinator.com/item?id=13793288 https://news.ycombinator.com/item?id=13793288 [2] https://www.nytimes.com/2017/09/20/business/economy/startup-business.html https://www.nytimes.com/2017/09/20/business/economy/startup-... [3] https://www.federalreserve.gov/econresdata/feds/2016/files/2016015pap.pdf https://www.federalreserve.gov/econresdata/feds/2016/files/2...
HeyLaughingBoy 8y ago
Definitely not. I've been building hardware since I was in middle school and it has never been easier than it is now. What has happened that may make it seem that way is that the things people want to build are far more complex than 30 years ago. But even accounting for that, the level of effort is far less now.

aj7 8y ago

No products are created in Shenzhen. They are cobbled together from components designed and manufactured by others. This is not creating, designing. It is building something, I suppose.

wer716 8y ago
So unless you "create" a completely new language or chipset, you are merely just "building" things?

dnomad 8y ago

This is the most incredible thing about China. The numbers are very clear: there are about 10_000 companies are being formed each day in China [1]. The government is actually investing heavily in these new firms and they receive all kind of economic, political and social support. Meanwhile in the US and much of the West new firm formation continues to plummet [2] and labor fluidity has collapsed leading to stuck wages [3]. You can see by the comments in this thread how much this state of affairs frightens people and of course all positive news out of China must be propaganda. It's unfortunate but all signs indicate this will likely continue until it's too late and Silicon Valley finds itself on the outside looking in. [1] https://news.ycombinator.com/item?id=13793288 https://news.ycombinator.com/item?id=13793288 [2] https://www.nytimes.com/2017/09/20/business/economy/startup-business.html https://www.nytimes.com/2017/09/20/business/economy/startup-... [3] https://www.federalreserve.gov/econresdata/feds/2016/files/2016015pap.pdf https://www.federalreserve.gov/econresdata/feds/2016/files/2...

HeyLaughingBoy 8y ago

Definitely not. I've been building hardware since I was in middle school and it has never been easier than it is now. What has happened that may make it seem that way is that the things people want to build are far more complex than 30 years ago. But even accounting for that, the level of effort is far less now.