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ProfessorGAC

(64,847 posts)

16. Only Thing I Can Think Of...

Reply to Farmer-Rick (Reply #15)

Thu Oct 14, 2021, 05:44 PM

Oct 2021

...is that until that gigantic population becomes majority middle class & wages stop being so "attractive" labor is still super low cost.
It doesn't take a great strategic thinker to see cost cutting as profit boosting.
But, the damage done to the consumer base in the long term is overlooked. Because....they weren't thinking strategically. The next 10Q report is all that matters to these "Peters".

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16 replies

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Highlight:

Ex-Air Force Tech Boss Eviscerates Pentagon For Already Losing The AI Race Against China [View all] Calista241 Oct 2021 OP

He may be right NQAS Oct 2021 #1

Pretty sure they already knew it. CanonRay Oct 2021 #2

He apparently resigned because he claims his calls for action were ignored Sapient Donkey Oct 2021 #10

Guess we need to spend even more on defense then n/t hibbing Oct 2021 #3

American technological superiority used to be unquestioned. BobTheSubgenius Oct 2021 #4

I Question the Whole Idea of Another Arms Race! McKim Oct 2021 #5

The People's Republic of China designed a plan to acquire most of rare earth materials in the world Justice matters. Oct 2021 #9

Ha. WE have almost 10% the population believing there are microchips Ray Bruns Oct 2021 #6

LOL! DoBotherMe Oct 2021 #7

Beware the military-industrial complex! Red Pest Oct 2021 #8

Race isn't over, China had the lead in the AI sexbot field but Calif firms are producing them now Shanti Shanti Shanti Oct 2021 #11

The US hasn't been producing enough engineers for decades now Johnny2X2X Oct 2021 #12

That's ridiculous. Farmer-Rick Oct 2021 #13

When My Company Built In China... ProfessorGAC Oct 2021 #14

Well that's good to know Farmer-Rick Oct 2021 #15

Only Thing I Can Think Of... ProfessorGAC Oct 2021 #16