Difference between revisions of "Talk:Essay: Communist China’s quixotic quest to innovate: A statist economy can’t make creativity greatly blossom"
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*[https://www.richardhanania.com/p/deepseek-hype-and-reality DeepSeek: Hype and Reality. Understanding the recent earthquake in AI development]. | *[https://www.richardhanania.com/p/deepseek-hype-and-reality DeepSeek: Hype and Reality. Understanding the recent earthquake in AI development]. | ||
| + | ::"According to a McKinsey report, AI could potentially contribute around $600 billion annually to the Chinese economy, which could equate to roughly 3.7% of China's current GDP". - McKinsey & Company.[https://www.mckinsey.com/capabilities/quantumblack/our-insights/the-next-frontier-for-ai-in-china-could-add-600-billion-to-its-economy] | ||
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| + | ::What about the rest of the economy? In 2023, the USA was over 200% more productive in terms of labor productivity than Russia when measured using purchasing power parity.[https://en.wikipedia.org/wiki/List_of_countries_by_labour_productivity] | ||
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| + | ::And labor productivity leads to economic stability and wealth generation. Right now China has a property crisis, deflation and high youth unemployment. China's economy is a mess so it's not surprising that the USA has over 300% higher GDP (PPP) per capita in 2024. | ||
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| + | ::After all is said and done, statist picking and choosing of winners and losers is not as dynamic, prosperity creating or stable as capitalism - especially over the long run.[https://www.conservapedia.com/Essay:_Communist_China%E2%80%99s_quixotic_quest_to_innovate:_A_statist_economy_can%E2%80%99t_make_creativity_greatly_blossom#Free_markets.2Fcapitalism_vs._a_more_socialistic_economic_system_like_China.27s._The_USA_is_more_innovative_and_prosperous_than_China] [[User:Conservative|Conservative]] ([[User talk:Conservative|talk]]) 18:03, January 27, 2025 (EST) | ||
Revision as of 23:03, January 27, 2025
Apparently, American foreign policy is run by a bunch of Luddites:
| “ | any Chinese company innovating too quickly or succeeding too visibly now represents a “risk” in the eyes of the US government | ” |
How come you are always a day late and $10 inflation adjusted dollars short?
You know, if America is ever to raise up a generation of young innovators to compete with the Chinese and Russians, they need to be smarter than the author of these essays and able to read through all the false pride and cheerleading. RobSThe Truth. Just Putin It Out There 23:53, January 24, 2025 (EST)
As Trump said, it's a merit-based society, and not one based on birthright (cause you were lucky enough to be born American, and not Russian or Chinese).
But this seems to a habit with this author - trying to promote himself or his society by tearing others down. RobSThe Truth. Just Putin It Out There 23:59, January 24, 2025 (EST)
Do you ever actually do any research for the pap you pollute Conservapedia pages and Categories with?
User:Conservative: You could save both of us countless hours daily if you were to cease your trolling. Most importantly, it would be beneficial to our readers. RobSThe Truth. Just Putin It Out There 16:44, January 27, 2025 (EST)
- "According to a McKinsey report, AI could potentially contribute around $600 billion annually to the Chinese economy, which could equate to roughly 3.7% of China's current GDP". - McKinsey & Company.[1]
- What about the rest of the economy? In 2023, the USA was over 200% more productive in terms of labor productivity than Russia when measured using purchasing power parity.[2]
- And labor productivity leads to economic stability and wealth generation. Right now China has a property crisis, deflation and high youth unemployment. China's economy is a mess so it's not surprising that the USA has over 300% higher GDP (PPP) per capita in 2024.
- After all is said and done, statist picking and choosing of winners and losers is not as dynamic, prosperity creating or stable as capitalism - especially over the long run.[3] Conservative (talk) 18:03, January 27, 2025 (EST)