4 ms·

Why does it matter to have x number of companies in top 100 or something? People repeat the same lines for Europe too but both in Japan and EU people live longe

by mrtksn 3y ago

Why does it matter to have x number of companies in top 100 or something? People repeat the same lines for Europe too but both in Japan and EU people live longer, healthier lives and the life quality in general isn’t any lower than the US or China. What if giant corporations isn’t the metric to measure success?

nradov 3y ago
Feel free to use other metrics if it makes you happy. The point is that there is no historical basis to expect that technology embargoes against China will make them stronger over the long term. They are facing severe demographic and economic challenges, and will be hard pressed just to maintain their current levels let alone achieve major increases.
- mrtksn 3y ago
  I don't know what will happen to China but both China and US have high hitters in the TOP100 lists and both have lower life quality than EU and Japan. What if giant corporations aren't predictor of anything but problems? Giant corporations don't actually innovate much, the thing about them is that they can extract money from the society without doing much innovation. They are bean counters. Having the biggest bean counters isn't as cool as a TOP100 lists imply. If you read closely, you will notice that TOP100 lists are curated by some bean counting metrics, not innovation or anything like that. TOP100 by capital is where innovation goes to die. The best they can do is to buy startups and try to stay relevant when actual inventors invents stuff.
- nebula8804 3y ago
  yeah yeah yeah this is the standard Peter Zeihan thesis that the cool kids on Youtube and Geopolitics forums love to tout. What they fail to acknowledge is that the Chinese are extremely proud and nationalistic and if you look at any industry you can think of from nuclear to semiconductor to even animation they are determined to out compete the US and they continue to post impressive gains in such a small amount of time. Their work ethic is just astounding. Not even Hollywood or Starbucks is safe. I wonder what the Chinese McDonalds will be? [0]:https://youtu.be/W2J0pRJSToU?t=373 https://youtu.be/W2J0pRJSToU?t=373 [1]:https://www.youtube.com/watch?v=2S3H0DKntNw https://www.youtube.com/watch?v=2S3H0DKntNw Maybe the steam will run out in 20 years due to demographics and they sink to the bottom of the ocean. Maybe Xi Jinping really did mess up taking over as supreme leader and we will see the consequences play out in the next 20 years. However, those 20 years will still be absolute hell for the US and their allies (lets be honest the US is the only real player). They may very well drag the US down to the bottom of the ocean with them by outclassing them at literally everything. The US is not some perfectly run paradise and it has severe issues that it did not have in the last challenge to its supremacy. We will see how things turn out.

by mrtksn 3y ago

nradov 3y ago

Feel free to use other metrics if it makes you happy. The point is that there is no historical basis to expect that technology embargoes against China will make them stronger over the long term. They are facing severe demographic and economic challenges, and will be hard pressed just to maintain their current levels let alone achieve major increases.

mrtksn 3y ago
I don't know what will happen to China but both China and US have high hitters in the TOP100 lists and both have lower life quality than EU and Japan. What if giant corporations aren't predictor of anything but problems? Giant corporations don't actually innovate much, the thing about them is that they can extract money from the society without doing much innovation. They are bean counters. Having the biggest bean counters isn't as cool as a TOP100 lists imply. If you read closely, you will notice that TOP100 lists are curated by some bean counting metrics, not innovation or anything like that. TOP100 by capital is where innovation goes to die. The best they can do is to buy startups and try to stay relevant when actual inventors invents stuff.
nebula8804 3y ago
yeah yeah yeah this is the standard Peter Zeihan thesis that the cool kids on Youtube and Geopolitics forums love to tout. What they fail to acknowledge is that the Chinese are extremely proud and nationalistic and if you look at any industry you can think of from nuclear to semiconductor to even animation they are determined to out compete the US and they continue to post impressive gains in such a small amount of time. Their work ethic is just astounding. Not even Hollywood or Starbucks is safe. I wonder what the Chinese McDonalds will be? [0]:https://youtu.be/W2J0pRJSToU?t=373 https://youtu.be/W2J0pRJSToU?t=373 [1]:https://www.youtube.com/watch?v=2S3H0DKntNw https://www.youtube.com/watch?v=2S3H0DKntNw Maybe the steam will run out in 20 years due to demographics and they sink to the bottom of the ocean. Maybe Xi Jinping really did mess up taking over as supreme leader and we will see the consequences play out in the next 20 years. However, those 20 years will still be absolute hell for the US and their allies (lets be honest the US is the only real player). They may very well drag the US down to the bottom of the ocean with them by outclassing them at literally everything. The US is not some perfectly run paradise and it has severe issues that it did not have in the last challenge to its supremacy. We will see how things turn out.