Any day now...
This can be offset by AI and automation productivity gains; ditto in the western world with our decreasing populations.
This is my great hope, and the timing is right. It's time to cut the cruft, balance the budget, and start building again.
If anything, the fact that the Chinese have caught up in some key domains - we should treat it like a real Sputnik moment.
Some propose that China will wind up as a number of independent city-states. That kind of make sense. A city-state can be managed, but China itself is probably too large. We can certainly imagine China having centers of high-productivity, as long as they can avoid getting dragged down by the Communist Chinese economy as a whole.
The story of robots, is going to be partially like the story of EVs. We have the same problems with scarce minerals, batteries and charging. And they can be very expensive. So, China in one form or another will be around for a long time; but the demographics are not good. We don't have good numbers from the Communist government, but we can be sure they are highly inflated. The population is generally much older than reported. But they are highly competitive. And they can produce at low price. The DJI drones are perfect proof of that.
It is a very good thing Trump was elected, and that DEI is dead. I just hope Trump doesn't start an anti-American avalanche in the process. Go to sleep on the subject and wake up in 6 months or maybe even a year. The liberal Dems aren't helping things at all.
Americans need to push for higher efficiency and performance.
Ukraine: Smart and efficient tactics will likely save the day - and they appear to be doing just fine in that regard. But somebody is going to have to help them, and the Europeans need to do more.
Chinese Wind Turbines: We'll be saying: Gone! Gone! Gone!
EV's; They will have to make cleaner and more efficient, and that is going to take time.
Nuclear Power: We definitely need more of.
Robots: Consider that the military and government will be the big purchasers of these - and that they could be used to "control the masses". Terminator stuff. The real thing.
AI: Many problems that have to be worked out.
Appraisal: Will change most likely, dramatically. Higher accuracy is needed, more computer intelligence. And, because there is so much damn money in real estate, it cannot be taken so glibly.
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