TBH I'm not sure. My charitable interpretation is that the US government said they would try but never did, or at least not successfully. At least Trump's government is willing to try in broad daylight, and Vance explicitly called out that it is a pipe dream that a nation could enjoying drawing boxes in air-conditioned offices and hope that we have technology superiority forever, as innovation only came from doing. So, I'm willing to give them benefit of doubt and wait for months if not years to see how things pan out.
> Are there any incentives to make household items here?
My naive view is price is the incentive. True capitalism means when price is too high to have space to arbitrage, the investment will pour in or the bootlegging will proper. I hope it's the former.
> If the plan is to use 100% automation and robots, that defeats the purpose of creating jobs, right?
My optimistic view is that we would create a lot more jobs in different categories if we can achieve certain level of automation.
P.S., super successful people like Balaji basically said that it's hopeless now. The western world can't bring manufacturing back because we don't have talent or know-how or great workforce any more. That saddens me greatly. China didn't have talent or know-how or great workforce 20 or 25 years ago. If we read the newspaper then, we would see everywhere that western talent and professionalism were the envy of the entire nation. Most people thought owning a car was a pipe dream, let alone making their own AEW or 5th-gen fighter jet. It was Japanese, Taiwanese, Americans, and Europeans who brought investment and know-how to China to boostrap the great nation. Yet now we throw the towel and thhink we can't rebuild out talent? Our fate is becoming a neo-colony?
TBH I'm not sure. My charitable interpretation is that the US government said they would try but never did, or at least not successfully. At least Trump's government is willing to try in broad daylight, and Vance explicitly called out that it is a pipe dream that a nation could enjoying drawing boxes in air-conditioned offices and hope that we have technology superiority forever, as innovation only came from doing. So, I'm willing to give them benefit of doubt and wait for months if not years to see how things pan out.
> Are there any incentives to make household items here?
My naive view is price is the incentive. True capitalism means when price is too high to have space to arbitrage, the investment will pour in or the bootlegging will proper. I hope it's the former.
> If the plan is to use 100% automation and robots, that defeats the purpose of creating jobs, right?
My optimistic view is that we would create a lot more jobs in different categories if we can achieve certain level of automation.
P.S., super successful people like Balaji basically said that it's hopeless now. The western world can't bring manufacturing back because we don't have talent or know-how or great workforce any more. That saddens me greatly. China didn't have talent or know-how or great workforce 20 or 25 years ago. If we read the newspaper then, we would see everywhere that western talent and professionalism were the envy of the entire nation. Most people thought owning a car was a pipe dream, let alone making their own AEW or 5th-gen fighter jet. It was Japanese, Taiwanese, Americans, and Europeans who brought investment and know-how to China to boostrap the great nation. Yet now we throw the towel and thhink we can't rebuild out talent? Our fate is becoming a neo-colony?