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162 sats \ 3 replies \ @nkmg1c_ventures 23h \ parent \ on: When 500 million Chinese change their spending habits, the world feels it econ
China is also full steam ahead on AI and bioinformatics, so they will likely aim to replace the existing workforce with AI and highly specialized people
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10 sats \ 2 replies \ @OT 22h
I did listen to his book The End of the World is Just the Begining and I remember he addressed this claim. If I remember correct he said something like it's too little too late.
The book was written before the recent LLM boom. But even if we get amazing AI tech that can do most of our current jobs, what are all the people going to do with themselves? They love making money! It's often put as a higher priority than the family.
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10 sats \ 1 reply \ @nkmg1c_ventures 22h
This sounds glib, but they will do what they must. They will adjust to a new way of life where people are likely devalued. Neo-feudalism is emerging everywhere it seems
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10 sats \ 0 replies \ @OT 22h
Right, we'll have to wait and see. I can't really see China collapsing TBH. It might end up looking like Japan's death by 1000 cuts, or they could turn it around and be the superpower many think it will become.
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