Lei Gong @gonglei89
Mostly tweet about politics, econ, tech, and China. San Jose Joined March 2012-
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And all of you were begging for moral paragon America to save you 🙄 In HK protestors started attacking civilians, vandalizing public spaces, and lighting fires before police began suppression tactics. In the US the police brutality started over protest camps in public spaces.
And all of you were begging for moral paragon America to save you 🙄 In HK protestors started attacking civilians, vandalizing public spaces, and lighting fires before police began suppression tactics. In the US the police brutality started over protest camps in public spaces.
Not really. The point is in a world of abundance no one has leverage because everyone has real things. You have to ask yourself who would oppose such conditions. It ain’t the poor.
Not really. The point is in a world of abundance no one has leverage because everyone has real things. You have to ask yourself who would oppose such conditions. It ain’t the poor.
We are barely scraping maximum benefit of the technology we have today because we control its distribution and scale of utilization by making it contingent on impoverished people trading what little they have for access.
We are barely scraping maximum benefit of the technology we have today because we control its distribution and scale of utilization by making it contingent on impoverished people trading what little they have for access.
Of course not on the short term. The question is whether this is the start of a longer term reorientation. These sorts of events can play reset in economic strategy and lots of economies around the world are due for it.
Of course not on the short term. The question is whether this is the start of a longer term reorientation. These sorts of events can play reset in economic strategy and lots of economies around the world are due for it.
Why does XJP hate labor power. (Speaking seriously though actually low key huge deal that they’re effectively implementing corporate co-determination laws).
Why does XJP hate labor power. (Speaking seriously though actually low key huge deal that they’re effectively implementing corporate co-determination laws).
We live in a world where we have figured out the immense power to make abundance but follow rules designed around scarcity.
Developing world should demand this of China and frankly western countries should choose this path over tariff barriers if what they want is to strike an optimal balance between industrial policy and energy transition. This is what *real* climate cooperation would look like.
Developing world should demand this of China and frankly western countries should choose this path over tariff barriers if what they want is to strike an optimal balance between industrial policy and energy transition. This is what *real* climate cooperation would look like.
What if the missionary impulse is itself actually authoritarian in its ethos.
🤨 Actually European welfare systems *retrenched* in the last 30 years and was more extensive and robust when they were also still funding their own manufacturing and and defense. Tell me you don’t know anything about the history of European welfare without telling me.
🤨 Actually European welfare systems *retrenched* in the last 30 years and was more extensive and robust when they were also still funding their own manufacturing and and defense. Tell me you don’t know anything about the history of European welfare without telling me.
Return to pre Plaza prices.
It’s difficult to not conclude that the only reason the US makes these particular strategic choices is because it’s forgotten that it can be punished back.
It’s difficult to not conclude that the only reason the US makes these particular strategic choices is because it’s forgotten that it can be punished back.
THANK YOU.
Only if you can ensure that productivity outpaces shrinking availability of the exchange medium.
Only if you can ensure that productivity outpaces shrinking availability of the exchange medium.
It’s funny how Biden thought his cute little tiptoes towards reining Israel in would securely insulate him from this issue in time for the election and now this new wave of protests are going to blow out* even bigger gaskets. Death by a thousand progressively larger cuts.
It’s funny how Biden thought his cute little tiptoes towards reining Israel in would securely insulate him from this issue in time for the election and now this new wave of protests are going to blow out* even bigger gaskets. Death by a thousand progressively larger cuts.
The less kind word is lazy. It was a lazy argument.
Oh. This is an interesting finding (and kind of intuitive if you think about it, the mechanism of formation is likelier to form alignment with a public majority).
Oh. This is an interesting finding (and kind of intuitive if you think about it, the mechanism of formation is likelier to form alignment with a public majority).
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East Pendulum @HenriKenhmann
22K Followers 144 Following Observateur au sens strict du terme, Défense & Sécurité, #ChinaI’m sure it will be a great disappointment for the advocates to learn that industrial policy is no magic bullet. Can you imagine the IMF summarizing another study as “central bank independence is no magic bullet…”.? That’s how your ideology shows.
Industrial policy is on the rise, but new research shows that it is not a magic bullet for economic growth. Instead, fiscal policies that support innovation and technology diffusion more broadly—plus basic research—are the answer. Read our blog: imf.org/en/Blogs/Artic…
Friends in China who were also student protesters during Tiananmen Incident have similar views, and yes, they are all doing very well career-wise, working for multinational companies & have a lot of overseas experience.
Tonight, I had dinner with a relative who was a university student in Beijing during the 1989 Tiananmen Square incident, experiencing the student protests firsthand. He was also among the first generation of Chinese talents to be recruited by top South Korean companies after the…
Summer vibes in Chengdu, Part 2: afternoon. Whoever said here that the Chinese live in shoebox apartments and never see nature has never been in Chengdu, or any other Chinese city. Here is the view from my window, the vines on the 2nd ring road, and Donghu (East lake) park. /2
@gonglei89 Study the anthropology of cultures like the Pacific NW potlach. A society blessed with the abundance of salmon developed a very different socioeconomic and political culture than elsewhere. Fascinating lessons to be found. Also, read The Chalice & the Blade by @RianeEisler
@gonglei89 I’m very familiar with this and it can help. However, it’s no panacea and I’ve never seen a case that works quite the way it’s usually sold. There are deeper forces to better align before this can really live up to its potential.
@gonglei89 Exactly right and far deeper than is obvious. Lol - it’s also the central theme of my new book, tentatively titled “Pragmatic Abundance.” Btw - once you clearly distinguish abundance from scarcity (which does still exist) it leads to different governance models for each.
As long as AI systems are trained to reproduce human-generated data (e.g. text) and have no search/planning/reasoning capability, performance will saturate below or around human level. Furthermore, the amount of trials needed to reach that level will be far larger than the…
Interesting how in all these domains AI is asymptoting at roughly human performance - where's the AI zooming past us to superintelligence that Kurzweil etc. predicted/feared?
@liqian_ren 4.3% industrial profit growth is pretty good. s&p index companies would kill for that growth. Energy and utilities profit up mainly brocade of mild winter and higher oil prices.
You think housing prices will keep going up because you've seen it all your life. But this is a historic anomaly that is likely to reverse soon: Prices might start shrinking in many places. This thread is the case against investing in housing:
@gonglei89 also a deficit doesn't tell you anything about the strength of exports! It tells you the net of imports and exports! their own example says exports in one are are up 12% over last year month on month!
Ji family DESTROYS Duke Zhuang of Wey with FACTS and LOGIC
Wounded, Duke Zhuang of Wey entered the Ji household saying, “If you save my life, I will give you this jade disk.” The Ji men said, “And what happens to the jade disk if we kill you?” So they killed him and took his disk. — Zuozhuan, Duke Ai, Year 17 (478 BC)
@gonglei89 Yeah that was the wrongest take I've ever seen
@gonglei89 She thinks European missed the Reagon and Thatcher revolution...
There are no 'economic laws'. Every honest thinker knows this. There are only decisions made by humans. Even supply and demand - if a price drops, it's a decision to constrict supply, not a natural law. What informs decisions? Creditors' greed. That's all. rwer.wordpress.com/2024/04/26/the…
Globalizing green industrial policy through technology transfers has got to be one of the biggest win-wins for the entire world.
NEW PUBLICATION in @naturesustainab: @Kentikelenis and I argue that if green industrial policies are not globalized thru technology transfers to the Global South, the hopes of this policy approach for both climate and development are likely to be dashed. doi.org/10.1038/s41893…
@nise_yoshimi If i have to suffer you all must suffer with me
It’s really funny to rewatch Alien knowing that the monster’s backstory is “Michael Fassbender made it in a cave 20 years before the movie.”
@pretentiouswhat Schrodinger’s Paradox of the “Paid-for” Chinese Hooker: “One would only know definitively they were ‘paid-for’ if they had tried paying and were refused.” The Low Self-Esteem Corollary: “One’s assumption that free hookups are only possible via the ‘paid-for’ channel.”
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