Re: "DeepSeek" - China AI App Shakes Up Tech Markets

On Thu, 30 Jan 2025, The Natural Philosopher wrote:

On 29/01/2025 14:18, D wrote:
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"At my age, going back means giving red envelopes to the younger generation, and I simply don't have the money to do that," he told the Financial Times.
How the economy in China and Sweden fared China Sweden
GDP growth 5.0% 0.6%
Inflation 0.2% 2.8%
Unemployment 5.1% 8.4%
Public debt/GDP 84% 34%
Note: Swedish figures are Nordea's latest forecast. China's figures are a combination of outcome and forecast
Source: Nordea, IMF
 

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The problem is the rise of fairly dictatorial governments everywhere who think that:-
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- economists actually understand and can accurately model, economies.

Haha... good luck with that, apart from the most mega-macro trends. On a day to day basis, or even year to year it is very difficult. The economist who succeeds would become a billionaire quickly.

- economic policy from a centralised authority can make *wealth* appear by magic.

This is why most, if not all, dictatorships quickly turn into banana republics. Innovation and companies die quickly, and the leaders ego expands to morbid dimensions which makes him unable to take in any information that he does nto want to hear.
His employees also live in constant fear of him, so they will only tell him what he wants to hear, thus speeding up the decline.
Celines law: Real communication can only happen between equals. (The Illuminatus trilogy).

Any fool can create *jobs* by taxing wealth producers and redistributing  it via make-work public sector jobs.
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But to create *wealth* requires that people can make a living out of adding value and selling the product.

This is the truth!

But over  regulation strangles this. I would never start a company in this country or the UK again, now. One smile at a female employee would be 'micro aggression' and if a male employee turned up in a frock I wouldn't be able to sack him for being stupid.

It is a sad state of affairs. For _exactly_ this reason I have no employees, only sub-contractors. Oh and lest you should think otherwise, they are all good, wonderful boys, and very smart and driven. I've offered them employment, but being smart, driven and capable of math, they quickly concluded that employment is a losing strategy for them. In fact, anyone actively seeking employment from me, would be a huge warning signal!
I once had a beautiful woman from Vietnam in my team. She enjoyed politically incorrect and sexual jokes very much. At first the boys were scared of her, but they got used to it. Sadly she met a boyfriend and moved on.
I would like to spread my teachings of k8s, cloud, operations and linux to the UK! Do you think there is a need for it?

It's all big corporates who can afford the overhead of managing this nonsense. Startups cant afford to.

True! Corporates can do an amazing amount of things wrong, and still survive!

I think people know this and that is why more conservative political forces are gaining ground.

Let's hope so! If Trump continues cleaning at the same speed for the next 4 years, maybe there is a chance of a lasting culture change in the us.

Postmodern Marxism has jumped the shark.

Or did the shark eat postmodern marxism?