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Considering the enormous population of the countries in that part of the world, for how long the west could claim influence on them anyway? The center for tech
by mrtksn 4y ago
Considering the enormous population of the countries in that part of the world, for how long the west could claim influence on them anyway?
The center for technological advancements have already shifted to that region too. The west still holds as a cultural powerhouse but as the technology enables cheap production and distribution of media, that is also bound to vanish.
Overall a fairer world where westerners work as hard as the asians is the most likely scenario IMHO. Flipping burgers in NYC should end up with similar compensation as flipping burgers in Shanghai.
Could be painful but at the end it can be beneficial for the west too. Since a while we live in a world where engineers who deal with atoms are poorly compensated in the west because everything is made in China and our best and brightest spend their lives in the advertisement and gambling business disguised as tech and finance. That part of the world becoming an equal power to the west can be beneficial on the long run.
- seanmcdirmid 4y ago> Considering the enormous population of the countries in that part of the world, for how long the west could claim influence on them anyway? As long as China is aggressive with its neighbors (e.g. Vietnam), they automatically fall into being friendly with the west and in to the west's sphere of influence. But if Taiwan is conquered by the mainland, all bets are off. There would basically be no counter-balance to China in Asia.
- mensetmanusman 4y agoThe value of flipping burgers is dependent on the productivity of who you are feeding. In an ideal world, it would be worth about the same everywhere, but it will take many years until the GDP per capita is uniform everywhere. Especially now that China’s population and its workforce has started to decline.
- mrtksn 4y agoThe point is that it's a positive progress to have China stepping up it's game, assuming they don't turn into some kind of aggressive state. Surely their demographics is a mess but quite frankly only the US has good demographics in the west. My concern is that the western burger flippers might have been overcompensated due to artificially inflated productivity in some sectors and once that's over the west might find that they can't match the productivity in China due to destruction of some industries leading undercompensation and as a result, severe lack of talent and know how in those.