> China didn't just fall into peak manufacturing capacity by a happy accident of many workers, they (for better or worse) made long term plans and stuck at them

> China didn't just fall into peak manufacturing capacity by a happy accident of many workers, they (for better or worse) made long term plans and stuck at them - including the reduction in poulation growth known as the one child policy. I don’t think China planned to intentionally fall off of a demographic cliff. But they are already planning for that cliff by making very aggressive investments in AI and automation. If you see how effective their plans from 10-20 years ago turned out today, wait another 10-20 years and…I hope we have some kind of a plan…it isn’t what Trump has in mind for sure. Ironically, Japan planned for the same cliff with aggressive investments in AI and automation in the 1980s, but the rise of China messed that up with cheap labor, and their AI play was misguided/probably too early.