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There are 1 billion people working for a pittance in China. There's hardly any way for anyone to compete with China on low-cost manufacturing at scale. Chips ar
by jollybean 6y ago
There are 1 billion people working for a pittance in China. There's hardly any way for anyone to compete with China on low-cost manufacturing at scale. Chips are something that smaller, smarter teams can do, it's a different kind of industry.
- vmception 6y agoI think people are overdue for a more pragmatic view on China Their GDP should be 3 times larger than EU of US, and they are doing things to make that true We should never be a factor to them but our egos require us to imagine they are thinking about us at all The only time they acknowledge us is to placate our egos. Reassure us that it isn't a big deal that their economy is about to be larger, and reassure us that they wont do the same things we all did with the rest of the world (and hope we ignore what they do internally, they aren't sending drones for our domestic rights abuses either).