Maybe we should treat predictions as messages ('do something if you don't like it') not certainties.
What is probably more important is their quality. Though higher quantity tends to help with getting more of the world's best, too.
its VERY like the dotcom boom.
This is kind of feeling like that to me. When this is over, I'm wondering if NVidia doesn't come out even stronger than it was when we started? There's just something that smells way too familiar about what's happening.
I'm thinking one could wait for NVidia to become a victim of negativity hype, and I bet you could buy and go long at that point. If the market gets irrational and cuts 80% of NVidia's value, man, it's pretty hard to think up a better opportunity than that laying around? I guess we'll see what happens.
Racism
Careful there. Implying that some cultural norms are superior to others are going to get you into trouble in the wrong crowd.
> Why would it be surprising to see China with its capital and human resources catch up with the West and surpass it?
Because the message that diversity === strength is a powerful one. Plenty of people simply cannot wrap their heads around how positive an effect homogeneity can have on results; their built-in PC filters cut in before they even get to the thought.
I've observed decades of how, in the west, not only can you simply not say something, but any insinuation that you are thinking it is liable to result in consequences for wrong-think.
I think the east is going to catch up and surpass the west in science and technology. The best way to prevent this is to seed their society with the same ideological tarpit that the west finds itself in and hope like hell it catches on so that they too can have enforced inclusivity training on company time.
Do you imagine that people who think "some cultural norms superior to others" make it part of their identity?
I do not actually agree with assertion being made either - the west has problems, but its biggest problems are complacency, economic policy, and an unwillingness to face difficult problems, not lack of homogeneity.
Who said anything about free speech? I said, and still stand by, that some cultures norms are superior to others, and that that sentiment is not acceptable to many in the west.
Therefore people have worked extremely hard over the decades to stop those sort of things.
I see from your profile you're from South Africa, so I'd assume you are more capable than many others of recognising that.
Perhaps things swung a bit too far one way (I genuinely am undecided), but we should realise the intentions in this started out well. And we'll swing too far back the other way if we're not careful.
You know, I didn't say anything about race.
Please don't misrepresent my point in order to argue against it because ... well, there's a reason that there's a common name for that sort of thing.
> I see from your profile you're from South Africa, so I'd assume you are more capable than many others of recognising that.
Not just "from", I grew up in Apartheid South Africa.
I saw the rubicon speech live on TV, not read it in a wikipedia article. I had to watch where I go because of the "whites only" signs in certain parts of the country.
And yet, I still get lectured on race by people who have never lived under legislated racism, which is a good deal harsher than "systemic racism".
> Perhaps things swung a bit too far one way (I genuinely am undecided), but we should realise the intentions in this started out well. And we'll swing too far back the other way if we're not careful.
Some cultural norms are superior, and have superior results, producing better and more productive members of society on average.
And some cultural norms are primitive and regressive, and produce less productive or net-negative productive members of society.
Race has nothing to do with it.
So for the benefit of doubt, the world has over many decades tried to fight against the sentiment that some cultures are superior because (and pay attention here) this line of thought (whether it is right or wrong), has led to horrific outcomes in the past, and still does.
I never made the point that "some cultures are superior".
You responded as if I said "some cultures or races are superior", and your second response refined my point to "some cultures are superior", both of which are incorrect characterisations of my position.
There's a big difference in the meanings between what I wrote and what you read, twice.