▲ | mrtksn 17 hours ago | ||||||||||||||||||||||||||||
The problem with the west is that it’s already developed. Everything in the west is a bit like the European automobile industry, it’s highly refined for what it is and we expect to milk it for some time to come. Same thing happened with the financial institutions and internet infrastructure - those who had the early versions of it established early ended up lagging behind once the technology was superseded. The poorest countries in Europe had the best internet for a while because the richest countries wanted to milk the copper wires they invested on. The US for long had much worse payments systems than Europe and Africa because they were at advanced stage on adopting the early technology. | |||||||||||||||||||||||||||||
▲ | hackernewds 16 hours ago | parent | next [-] | ||||||||||||||||||||||||||||
strongly disagree. the West has almost no manufacturing capability or labor force (at an affordable rate) at the moment. it's almost unsustainable even for a small business to be paying $20 an hour in some cities let alone run large factories | |||||||||||||||||||||||||||||
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▲ | 14 hours ago | parent | prev [-] | ||||||||||||||||||||||||||||
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