Daily reminder to always doubt significance of gdp and reasoning by gdp.
With that said, I've been a Vietnam enjoyer for personal and business reasons for years. As vietnam experiences multi-year double digit growth in gdp terms, each year you visit there's cultural, infrastructural, and commercial change. Its very insistent on becoming a first world country within 1 decade (whereas china and singapore is ~1 generation).
There are Cities Skyline playthroughs slower than physical Ho Chi Minh growth.
@DarioCpx its a reference to NFTs of destroyed diamonds in 2021.
unfortunately i saw the original tweet to know what he's referring to. Its an existing meme sir.
Dreamy Chinese shanshui-inspired landscapes, the original "touch grass" art form ๐ค
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@DarioCpx not necessarily data centers, but electrification and industrial expansion in general assumes the economy isnt undergoing severe recession.
Also holding out on entering copper. Definitely timing related.
If you plot their household appliances per household and miles of high speed rails, thats where the credit went. People want deflation resulting from more innovative, larger capacity in production because they can buy more and better things. That has stifled demand.
Can you let Logan know developed nations are about to enter stagflation with no meaningful deflation? Also what did our previous credit booms manifest into?
@markmackinnon my Swedish parent served his conscription period in Gotland during the cold war. This is a long established fact and Gotland's garrison is very old.
The reason AI safety isnโt much of a โthingโ in China is because they understand they are building a tool, not a religion. US AI researchers come out of the โrationalistโ cult, which is inflected with sci-fi nonsense and eschatological overtones.
US AI gets regulated.
Chinese open source models stay 1 month behind in terms of performance but 10% of the cost. Banned in the US because regulated models only.
US consumers and businesses deal with OpenAI's bizarre usage policy of the month. Anthropic and OpenAI keeps gaslighting about AGI killing us in a decade and letting foreign distillation continue (source of the whole issue).
Rest of the world spins up Kimi swarm shitters for a NICKEL. They just want to cut white collar work, literally never heard of AGI.
BYD repeat.
Proto-sinaitic looks pictoral, but got simplified by the phoenicians into an alphabet. They could have followed the Egyptians into a character based system, extinguishing alphabetic language.
Also I think there's a mistake: follow the turquoise line for modern alphabet I, it starts looking like Z. While up the green line from modern Z, they resemble I.
after the low margin physical infra gets dense enough, this commoditization / margin killer has been forced upward to more complex outputs like cars and semiconductors.
In software, if AI is killing software margins, AI itself is being commoditized.
Looking forward to what capital will do when literally all margin is competed away.
issue is this is "volume of freight" not "freight value", which favors agricultural and industrial products.
Most of modern commerce arrives on the west coast from Asia, and CA has disproportionate infrastructure to distribute it in land.
Consider why Long Beach is one of the largest ports.