• Cowbee [he/they]@lemmy.ml
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      2 days ago

      On the brightside, the clear fragility and lack of direct connection to real productive forces shows the instability of the present system.

      • leftytighty@slrpnk.net
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        2 days ago

        And no matter how many protectionist measures that the US implements we’re seeing that they’re losing the global competition. I guess protectionism and oligarchy aren’t the best ways to accomplish the stated goals of a capitalist economy. How soon before China is leading in every industry?

        • Cowbee [he/they]@lemmy.ml
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          2 days ago

          This conclusion was foregone when China began to focus on developing the Productive Forces and the US took that for granted. Without a hard pivot, the US can’t even hope to catch up to the productive trajectory of China, and even if they do hard pivot, that doesn’t mean they even have a chance to in the first place.

          In fact, protectionism has frequently backfired, and had other nations seeking inclusion into BRICS or more favorable relations with BRICS nations.

    • Eatspancakes84@lemmy.world
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      2 days ago

      That’s the thing: if the cost of AI goes down , and AI is a valuable input to businesses that should be a good thing for the economy. To be sure, not for the tech sector that sells these models, but for all of the companies buying these services it should be great.