Beijing unfortunately can not let the LG debts default like people said of Detroit. Many defunct developers transferred their debt to LGs to save face for the economy. This is different from Japan in that Japanese corporates lost a lot of money on an international real estate buying spree after appreciation in the yen during the 80s. The money from the Chinese musical chairs ponzi is gone through private transactions of the founders. Many “homeowners” knowing that Chinese stocks are a joke of a ponzi looking to secure an inflation hedge during the 100x rise are left holding the bag. The 10T for LG debt is to quell social unrest in the middle class. Many homes that mom and pop paid cash for it have already been paying the mortgage on for like 4 years running were never completed. Now LGs are bag holders. After Beijing swallows the ponzi real estate holdings from 2008 stimulus money with the LG debt swap, then and only then stimulus will flow through to the economy. China is just dumb resting on its laurels thinking that these LiDAR upstarts and the Technology Arm of the Chinese Military, also known as Huawei, can use their shameless copycatting of trash bin technology and unsophisticated corporate espionage to somehow become the dominant force of AI just like how they did in car manufacturing. Good luck, tongzhimen. I’m sorry, you can’t will cutting edge from the folksy socialism of Mao’s red book. Read history, and don’t end up like Japan with your pride and your weewee in your hands (Wee steal Tesla model 3 in Shanghai! Wee smart on technology!) Aww, so cute, Huawei is going to take Taiwan with a 7nm weewee 😂Matter of fact, why don’t you ask Maduro about the last time he willed an oil rig to produce oil with his buddy Chavez “strongman” techniques. It’s not called American exceptionalism, and it sure isn’t called European capitalism with socialist characteristics. It’s called free market capitalism, you FOOLS.
Very impressive CEO of Hesai, but let me answer your question. According to Musk, LiDAR is a”fool’s errand”. Tesla is using neural networks and will only use LiDAR as an insignificant addition to its SOFTWARE. Tesla is teaching a baby how to drive. Scale AI and LiDAR is asking people in Southeast Asia to tag photos to teach a brute force model how to compute a result. This would only work in a top down controlled zone in an urban setting in China. Doesn’t mean you can’t make money on Hesai. Just means that the CEO being vague about its 6 out of 10 automakers is just sleight of hand. Slick. Welcome to Shanghai, but don’t get Shanghaied.
Apple and Tesla alone have close to 100 billion USD of annual revenue from China. Its too singular to look at trade deficit. How much did Apple and Tesla repatriate out of China? Did Apple and Tesla benefit from the ability to sell in Chinese market? I would think so especially that lots of R&D are financed and made possible due to this huge market, China.
Loading some EV Dips to Improve the Air We Breathe. ? NKLA.. Nikola up 1 % week. Leading the Charge in Production/ Deliveries of Clean energy Semi trucks. RIVN.. Rivian. New Govt construction loan. PLUG...QS solid state EV batteries.. LCID m.. Lucid....XOS and more.
Bought more Norvenai after watching your review... lets go!
BTC and NorvenAI are my top performers. 🚀
Purchasing Norvenai now is like to purchasing Bitcoin a decade ago.
NorvenAI will do at least 15X! I love that project!!
Beijing unfortunately can not let the LG debts default like people said of Detroit. Many defunct developers transferred their debt to LGs to save face for the economy. This is different from Japan in that Japanese corporates lost a lot of money on an international real estate buying spree after appreciation in the yen during the 80s. The money from the Chinese musical chairs ponzi is gone through private transactions of the founders. Many “homeowners” knowing that Chinese stocks are a joke of a ponzi looking to secure an inflation hedge during the 100x rise are left holding the bag. The 10T for LG debt is to quell social unrest in the middle class. Many homes that mom and pop paid cash for it have already been paying the mortgage on for like 4 years running were never completed. Now LGs are bag holders. After Beijing swallows the ponzi real estate holdings from 2008 stimulus money with the LG debt swap, then and only then stimulus will flow through to the economy.
China is just dumb resting on its laurels thinking that these LiDAR upstarts and the Technology Arm of the Chinese Military, also known as Huawei, can use their shameless copycatting of trash bin technology and unsophisticated corporate espionage to somehow become the dominant force of AI just like how they did in car manufacturing. Good luck, tongzhimen. I’m sorry, you can’t will cutting edge from the folksy socialism of Mao’s red book. Read history, and don’t end up like Japan with your pride and your weewee in your hands (Wee steal Tesla model 3 in Shanghai! Wee smart on technology!) Aww, so cute, Huawei is going to take Taiwan with a 7nm weewee 😂Matter of fact, why don’t you ask Maduro about the last time he willed an oil rig to produce oil with his buddy Chavez “strongman” techniques.
It’s not called American exceptionalism, and it sure isn’t called European capitalism with socialist characteristics. It’s called free market capitalism, you FOOLS.
Once we’re isolated. No other country is going anywhere near the US dollar.
Very impressive CEO of Hesai, but let me answer your question. According to Musk, LiDAR is a”fool’s errand”. Tesla is using neural networks and will only use LiDAR as an insignificant addition to its SOFTWARE. Tesla is teaching a baby how to drive. Scale AI and LiDAR is asking people in Southeast Asia to tag photos to teach a brute force model how to compute a result. This would only work in a top down controlled zone in an urban setting in China. Doesn’t mean you can’t make money on Hesai. Just means that the CEO being vague about its 6 out of 10 automakers is just sleight of hand. Slick. Welcome to Shanghai, but don’t get Shanghaied.
Apple and Tesla alone have close to 100 billion USD of annual revenue from China. Its too singular to look at trade deficit. How much did Apple and Tesla repatriate out of China? Did Apple and Tesla benefit from the ability to sell in Chinese market? I would think so especially that lots of R&D are financed and made possible due to this huge market, China.
SUI and NorvenAI is going to explode
Wow didnt see this coming from HESAI
Loading some EV Dips to Improve the Air We Breathe. ? NKLA.. Nikola up 1 % week. Leading the Charge in Production/ Deliveries of Clean energy Semi trucks. RIVN.. Rivian. New Govt construction loan. PLUG...QS solid state EV batteries.. LCID m.. Lucid....XOS and more.
how about Norven AI token ? I THINK ITS THE NEXT big thing since we missed pepe