Breaking: China Bans Tech Companies From Buying NVIDIA chips

[Vandelay]

Zeihan keeps talking about that, but with China investing in AI but also robots



The demographic time bomb isn't that much of an issue.

I was big on Zeihan, but he's too certain, smug, and disturbingly amused by a decline in the current world order.

I think he discounted the rise of the right and autocrats globally. I absolutely think population decline is a big issue still. Not because spending will go towards a gerontocracy or suddenly countries will start euthanizing people, rather economic engines are going to slow down tremendously as fewer people are available to spend that money. Rich people, or even if the GDP per capita grows; the more wealth you have, the less money you spend relative to that wealth. Innovation and prosperity slows when money stops cycyclingTo paraphraseRay Dalio, when that imbalance becomes too great, war and empires collapse.

I can think of only one future technology that will offset this, and it's not robots nor is it something this current society willingly will accept.

 

[Ethnic Vagina Finder]

Trump imposed tariffs on China in 2018. Biden took office and kept them in place.


China would be fools to keep doing business with the U.S. long term. They probably started planning to scale back years ago. Trade with Africa has increased 60% since 2018 in China

 

[Scustin Bieburr]

My question is, what did the American companies think the end game was when they decided to use so many Chinese, known for stealing trade secrets, as employees?

Industrial espionage: How China sneaks out America's technology secrets​

Its a mix of white supremacy poisoning and the selfish narcissm that animates a ton of rich people here.

"Nah it's all good. We'll get so much profit by cutting our costs and outsourcing. "

This is what happens when you promote people who think in terms of financial quarters instead of years or decades. Its always someone elses problem to deal with. The clowns that outsourced to china are already retired because it is, has been, and seems it always WILL be "fukk yall, I got mine" for far too many people in this country. Especially those in power. There is zero trace of genuine sacrifice and genuine altruism being displayed by the majority of ceos and politicians in this country. They use the stock market as their bank, and they use housing as their stock market. This shyt is all a game for them.

 

[WIA20XX]

rather economic engines are going to slow down tremendously as fewer people are available to spend that money. Rich people, or even if the GDP per capita grows; the more wealth you have, the less money you spend relative to that wealth. Innovation and prosperity slows when money stops cycyclingTo paraphraseRay Dalio, when that imbalance becomes too great, war and empires collapse.

I can think of only one future technology that will offset this, and it's not robots nor is it something this current society willingly will accept.

Great point.

 

[Seoul Gleou]

Trump imposed tariffs on China in 2018. Biden took office and kept them in place.


China would be fools to keep doing business with the U.S. long term. They probably started planning to scale back years ago. Trade with Africa has increased 60% since 2018 in China

Not only did he keep them, he ADDED tarrifs

Its also worth noting that 1/3rd of the planet had been sanctioned before Trump took office in January

https://www.thecoli.com/threads/america-has-sanctioned-1-3rd-of-the-planet.1044753/

This country is eating itself

 

[Nkrumah Was Right]

I still think China is in a demographic time bomb and weren't as great of innovators as the US, plus being authoritarian I thought it stymied innovation and freedom.

I still think those things, but the remainder of the free world is seemingly ready to align with them especially as the US is basically run by a mob boss; less Capone and more Peter Gotti than anything.

They're taking the approach, run your country as you want, we just want our economy and our population to prosper. The US on the orher hand, is just trying to very transparently to only enrich the 1%. This administration just doesn't realize nothing is set in stone and the world order was always fragile, especially when you have a bunch of dumbass, deep throating, yes men aligned with a severely cognitively declined narcissist in Trump.

One thing I patently got wrong was the Jack Ma situation. No businessman should ever be above the state. This is not to say the state is ever infallible, and although I don't think he was a malicious actor, that kind of overreach is why we have CEOs dictating policy right now.

Well, I am glad to see that you’re evolving in your viewpoints.

 

[3rdWorld]

Trump thinks he's Mandigo, but he's really just..Trump

Amd when the economy crashes later next year he'll say Biden and Obama did it

 

[Vandelay]

Well, I am glad to see that you’re evolving in your viewpoints.

I'm only rigid on a few points.

Never thought China was inherently bad, only consolidated power.

 

[KillerPups]

Stock barely dipped

 

[IIVI]

Yeah, they getting heavy into the Semiconductor and Chips gang. They were relying on U.S companies for it and that was keeping them from investing in it.

I’m keeping my eye out and the Coli should be keeping their eye out for the Chinese company who’ll BYD the industry like they did batteries.

That’ll be the investment opportunity of a lifetime. It should happen between now and 2030.

 

[cyndaquil]

Trump is not the President for us to compete with China, I'm not even convinced he's made a positive move since entering office.

Mfer pumped two shytty meme coins as soon as he got into office then rug pulled them
Everyone who had even a modicum of hope he'd do something right should've realized after that

 

[IIVI]

Additionally, a lot of that money China was going to give NVIDIA for those chips was going to go into helping Intel out. That’s gone now.

 

[cyndaquil]

Additionally, a lot of that money China was going to give NVIDIA for those chips was going to go into helping Intel out. That’s gone now.

That's the Art of the deal breh

 

[Artificial Intelligence]

Zeihan keeps talking about that, but with China investing in AI but also robots



The demographic time bomb isn't that much of an issue.

Sus tech

 

[Scustin Bieburr]

I still think China is in a demographic time bomb and weren't as great of innovators as the US, plus being authoritarian I thought it stymied innovation and freedom.

I still think those things, but the remainder of the free world is seemingly ready to align with them especially as the US is basically run by a mob boss; less Capone and more Peter Gotti than anything.

They're taking the approach, run your country as you want, we just want our economy and our population to prosper. The US on the orher hand, is just trying to very transparently to only enrich the 1%. This administration just doesn't realize nothing is set in stone and the world order was always fragile, especially when you have a bunch of dumbass, deep throating, yes men aligned with a severely cognitively declined narcissist in Trump.

One thing I patently got wrong was the Jack Ma situation. No businessman should ever be above the state. This is not to say the state is ever infallible, and although I don't think he was a malicious actor, that kind of overreach is why we have CEOs dictating policy right now.

Since 1978, and adopting the state capitalism model it uses today, China has lifted 800 million people out of extreme poverty.

Lifting 800 Million People Out of Poverty – New Report Looks at Lessons from China’s Experience

Over the past 40 years, China has lifted nearly 800 million people out of poverty, accounting for more than 75 percent of global poverty reduction in the same period, according to a new report released on Thursday.

www.worldbank.org

Imagine the entire population of America, Mexico, and Canada going from the current minimum wage to double that amount in 40 years. No other country in history has done this. If youre a developing country and looking at who to deal with, you've got one country on one end of things that is embracing white supremacy right in front of your face and humiliating your representatives.

Then you've got another country that is making cheap cars, solar panels, railways etc. That wants to do business with you. Youre likely going to want to fukk with that country.

Our global approval ratings are going down and morons in this country think it's a good thing or don't care because they see anyone who isnt like them as inferior. America's racism is literally hurting it's development. I disagree with your perspective on the jack ma situation because Alibaba is still very profitable and has only continued to grow. The government warned him and told him to stay in his lane. He thought "this is a billion dollar IPO, theyd never risk this much damage to the economy" he thought he was in america where people like him run shyt and they made a public example of him.