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For one, I’m somewhat familiar with Chinese culture and how their government functions. I would warn against underestimating how quickly they can turn things ar
by SlightlyLeftPad 2y ago
For one, I’m somewhat familiar with Chinese culture and how their government functions. I would warn against underestimating how quickly they can turn things around, both culturally and economically. They have the ability to make sudden drastic changes with little pushback or resistance from the population. They have focus, reliably execute, and recover relatively quickly from mistakes and are getting increasingly good at social engineering to enable those things. They are thinking 50 years into the future at all times.
Yes, it’s absolutely possible they go too far and end in a revolution but I don’t see that happening in this century. The overall sentiment in the country (outside metro areas) is a tremendous amount of support for their government.
- saturn8601 2y agoI have no objection to your claim that Chinese pivot quickly. I saw it when Tesla introduced Gigacasting. Some of the Chinese automakers announced and implemented Gigacasting as quick as possible. Quick turnaround after a new idea is presented probably comes from their long heritage of copying and reverse engineering. We have very few orgs in the US that have this kind of burn the boats thinking. Mostly they are in Silicon Valley with companies like Tesla and Apple(more so during the Jobs era but still true today). >They have focus, reliably execute, and recover relatively quickly from mistakes and are getting increasingly good at social engineering to enable those things. They are thinking 50 years into the future at all times. Ok all of this is true but it does not address my main point: they have a fundamental problem that began decades ago and the window has now closed to prevent a massive disaster that could take the "steam out of the economic engine". How are they going to resolve this? >Yes, it’s absolutely possible they go too far and end in a revolution but I don’t see that happening in this century. The overall sentiment in the country (outside metro areas) is a tremendous amount of support for their government. I haven't kept up with the lie flat movement but I imagine part of the cause of this massive birth rate problem was in fact 996. Its a sort of silent revolution agains the leadership. Young Chinese crushed with the burden of buying impossibly expensive property, having to care for elders and start a family choose to opt out. Are they going to take the people opted out and put them into camps unless they pop out kids and start spending their life doing innovation? Im sure that will do wonders for fostering innovation.