Westerners mistake China's economy planning with the Soviet's planned economy. They are completely different things. Chinese economy planning is a collabratted compaign orchestrated by the government. State owned company takes care of raw material and low margin but essential technology and made them commodity to private sector. Private sector takes on high margin high risk and labor intensive tasks. The provincial government will move mountains to help enterprises grow in their territory to boost local economy and create jobs. The central government doesn't control everything. Market and competition still exists. The government tries everything to keep the competition health and efficient. This is no secret.
9 місяців тому
Damn Xi approves... but clearly not true by results. West Taiwan will face truth soon enough.
@@Zerpentsa6598 Comparing China and Korea/Japan is another classic mistake. China is a sovereign country, not an American colony. China is a socialist country where state controls capital but not the other way. Japan and Korea are planned by the chaebols. China is planned by the CPC total different.
Chinese government is working for its people, believe it or not . So robots will be work for the people. Western governments is working for the multinationals and is controlled by them ( one way or the other ) , their robots will be used / sold for max. Profits .
That is why this guy is thinking China is trying to use robots to replace American workers😂😂😂😂. We all know the correct purpose of developing robot is to liberate human from hard labor. Unfortunately this is not the case of the west. They are thinking about making money or profit or having relative more wealth than others instead of thinking creating more wealth for human race as a whole. The east is benevolent and the west is evil in the core. Strangely enough the evil side could lead technology driven by greedy motives. From the difference ways of reasoning you could peek deeply into the nature of the soul.
No, China NEVER works for its people. You can just look back at the era when the CCP intentionally starved to death 80 million of their own citizens while having the grain required to feed them. That is more people than many countries have citizens. The CCP, and by government mandate the entire populace of China, work only for those few who are in power. As bad as late-stage capitalism may seem it is nothing compared to the horrors of a late-stage communist dictatorship.
There is down side to keep selling price low. As China progress, cost will continue to increase..this will squeeze profit which is already thin. It will affect investment on research and development.
The problem with public companies is that they are existing to maximize profits for shareholders. In practice, it often translates into screw the employees and reward top management. With monopolies, this also translate into screw the customers and the country too. Automation can create a world of plenty, and the politics and economic systems have got to move to take advantage of that to create a world of plenty for everyone.
My father was professor of CompSci and was one of the early pioneers of robotics. At the time of his death in 98', the robotics industry was nearly non-existent. Early on, he recognized the talent and ingenuity of his mainland Chinese students and saw their potential. I recall that he stated that with a population in excess of a billion and given the opportunities, there would be a proportionate number of prodigous individuals who could remake China. Fastforward 2024, I think he would not be surprised at today's China. The problem is whether or not the US can peacefully coexist with such a comnpetitor.
Perhaps China is simply taking back its original position in the share of the world's economy that it enjoyed before the opium wars weakened and damaged it. India might also now be doing the same. The problem is that the rise (or re-emergence) of China may be too sudden for many countries to adapt properly. Selective protectionism could be a solution. Hopefully though, some countries which tried to impose on others a particular economic system (even to the point of war or regime change) will be wiser on such matters.
@@akakakakakak3084 good ? Even robots will succumb to its numerical capacity . He said , Chinese robots are selling at half the western robots , And they are gaining momentum to go mass produce even cheaper . The American robot soldier against 5 Chinese robot in a shootout ? That's is one movie I'm waiting .
I always appreciate an intelligent discussion. Recently, I saw a head line in sky news" why Australia silent when uk calls China a threat", that is what they interest in, unfortunately. Throwing muds and calling names, instead of figure out the path to motivate ourselves to compete. I wish calling names would make a difference, if it s not then we are on the one way street to irrelevancy
Your politicians don't think like you or don't want to think like you and that's to China's advantage. Look at Tom Cotton vs Tiktok's CEO of Singapore etc etc. 😂😂😂
Yes China spends much less on the military than the US, but they get a lot out of what they spend. The US MIC has become a profit machine. They like to build a few of very expensive things, which would be hard to produce at scale when that's needed. i.e., when the stockpile is depleted as it quickly will be in a real war. China has to build their military until it deters the US from starting the war they are talking about. Maybe China should do some advertising about their military capability, as a cheaper way to deter the US.
Many Westerners worry that robots will cause large numbers of workers to lose their jobs, but few Chinese worry about this issue. The fundamental reason is that Chinese education clearly tells the Chinese people that technological progress is accompanied by changes in wealth distribution methods or systems to adapt to this progress. We might as well assume that robots have replaced the vast majority of jobs, then we only need to legislate to take away most of the profits and distribute them to those who are unemployed to solve this problem. We can enjoy the convenience brought by robot work and reduce the pressure of survival. Fear comes from being accustomed to old living habits, fear of change or not knowing how to adapt to change. You just need to understand that all the rules of human society are made by humans themselves. They are not set in stone. On the contrary, they should continue to reform as the real environment changes to adapt to changes in the real environment.
Perfectly stated. I do believe our future as a species is shifting towards intellectual labor and China's innovative use of robots in manufacturing will help accelerate that process. Commodities will become cheaper and cheaper there in the long term while strengthening consumer markets and priming the Chinese population for even higher learning in management and R/d.
If you have a good government, you will produce robots that will serve your people. However, when you're ruled over by a bad government, then you will produce robots that will oppress and enslave you for the elites. The latter is where the fear comes from.
China already has a rampant unemployment problem due in small part to automation although in China it is far more common to have humans do the very dangerous and low-paid jobs rather than invest in expensive machines to replace them. Humans are simply cheaper and they are easier to replace when they break. This has led to the widespread "let it rot" attitude seen in its youth.
Why do you care so much about American understanding, it’s pretty naive to think you know, no? Americas robotics and technology is soooo far ahead that it’s not even worth talking about. You’re delusional if you think otherwise.
How to compete with 1.5 bil strong nation whose average IQ is 105 to 113, and whose capacity for hard work is well known all over the world wherever they may live? The socialist model suited them to a T for that had been the way they were in the dynastic era.
By looking at the devastating effect the One Child Policy has on China nowish and in the next decades. Population does not count when it is old and fragile.
For higher average IQ they are really struggling to come up with much own creative innovations. Copy cats. I studied in Asia at university and I realized while they aced the exams (by learning what the professors wanted) they completely sucked at any project work that required using your own brain. I even upset one professor since I owned him in a project assignment ignoring his stupid research paper and solved the problem in a few hours with less compexity and less cost - my fellow students were scared of what the professor would say. Fear driven societies will not sustain.
Except China isn’t 1.5 billion. It’s just over billion now and shrinking fast. China will need robots to take care of all its old people . China population dying off . China urbanized too quickly with almost 70% of people moving to cities and low birth rates. While USA has stayed rural and suburban with an only 15% of its population in cities, plus USA is bringing in millions of immigrants. So USA is growing and has more young workers to replace aging workers while China will need more automation. China in real trouble. I can see it all over China with unemployment, housing prices falling, China stock markets not recovering, thousands of Chinese millionaires fleeing China. CCP and Xi should be ousted by Chinese people.
The advent of new technologies has placed China on equal footing with the West, in contrast to traditional industries where the West holds a significant majority of intellectual property and can exploit it to impede China's progress. China has already made impressive strides in the fields of green energy, AI, and robotics, accumulating substantial expertise. They are now diligently forging an ecosystem conducive to the development of these technologies into thriving industries, not only for their own benefit but also for the betterment of the global community.
Where did you get that. If that’s the case, the US would not be in trouble. Get out of your mom’s basement and get a real job. I am tire of all you unproductive teens.@@topsuperseven7910
I saw a video a couple of years ago about a chinese company that was developing robots to take care of the ederly. That's the best option to take care of their growing aging population without using too much of their productive workforce.
I think the reason why our government is obsessed with industrial automation is not profit, but the realistic crisis and ideological self-limitation. Our population is aging, and secondary and higher education is becoming popular. We can't learn from the United States, outsourcing manufacturing to other backward areas and hoping to dominate their future through political and military hegemony to eliminate risks. We also don't want to get young immigrants with low education to fill the bottom service industry by disturbing our neighbors in the south. We must ensure that we have an industrial manufacturing system with all vertical capabilities, without copying the practices of the United States. This is why we are obsessed with industrial automation, which is a different strategy to deal with change driven by different ideologies. We China people don't have any unusual ability to predict or organize, but we have different views.
Robots are the future of manufacturing. Every nation will follow suit. But for China, as well as other nations with an aging population such as Japan, robots will also be useful in elder care. In other words, they will be an additional work force in both manufacturing and services. I wish I could buy a robot maid here in North America right now. But we are nowhere near it.
@@waichui2988 True. But China also dropped the ball with their 1 child policy, or rather how slow they were to end it. No type of government is perfect. And this is an example where top down control could be bad for the country
In a socialist economy, you will always have some kind of job even if robots take most of those jobs. In a purely capitalist economy, your job security isn't there if a robot can do it. Think about it.
I am here to remind all that it doesn't TAKE robots to make one unemployed! If you're heavily invested in some technology or software and the situation changes you are Oh You Tee! Retraining is on you. Or try to get one of the good cardboard boxes to live in....
Dont forget sombody have to make the Robot,maintain it repair it uppgrad software, replace it when worn out. A lot of people needed to make it work 24 /7, skilled workers.
The capitalist society has to come up with some way to get a market for all the stuff robots can produce, so cheaply. Socialists might have an easier time with that. So maybe we should look to China, and not to the US. I don't see much thinking about that at all, anywhere. Maybe it's a really hard problem, building a compleatly different society. Science fiction is usually first to say something about those things. But this time they have been very quite, I think. I remember a SF book from 30, 40 years ago, showing the problem, but not the solution. I have to re-read Kurtzweil's Singularity book, but as I remember it, no solution I liked there!
The world is not stagnant and is dynamic. Vietnam, India , Indonesia, Middle East countries, etc are surging and developing fast and eventually catching up with the West. China is no exception. Please do not fear competition. Human societies are evolving to greater heights.
The development of humanoid robots is a logical phase in the rise of technology. Just from own experience the inefficiency in the supermarkets by human personnel can be eliminated by humanoid robots. All companies and military can make use of robots and there is nothing that a human can prevent its rise and China will be the first country that makes use of humanoid robots and exports them abroad.
This automation thing is NEVER talked about in regards to the demographic problem in most (all?) industrialized nations. My view is you should easily be able to compensate for these "demographic issues" with increased automation resulting in productivity increases. Then it is "just" a matter of redistribution / distribution of resources and here I can not think of any country more suited to handle this than China.
Nothing could be more obvious! Or less often discussed. Funny! WE worry that THEY will have a shortage of workers, in a world were mass unemployment is common. WE LIKE mass unemployment, they don't.
China doesn't do UBI - they create small unskilled jobs instead. China has a small army of security guards, street sweepers, etc. paid to give people jobs, which they do pretty well. The parks and streets are clean and safe. Same with delivery and taxis, etc.
@adam asked a good question "Since you have deciphered China's formula for domination, why can't the more advanced countries of Europe and America do the same?" I would like to hear from everyone why America and the West it leads have chosen to sanction China instead of working to improve their own systems?
Because in America there is very little long term planning. The emphasis on quick quarterly profits is prevalent because executive remuneration is tied to it.
WE can't do the same because we don't have the same basic philosophy! The purpose of our national system IS NOT to find the general benefit, we don't look for "win-win" situations, we don't have consultative style of government, we're individually and collectively murderous jerks! Not you or me of course, I think?
It's Democratic Socialism. The socialist government takes care of all their people's essentials needs, and the people has their freedom, rights, benefits, and work for currency to buy the comfort and luxury choices for enjoyment of life. 🐉🐲🐉🐲👍👍👍
You can see the differences in Western economies and China’s in how they’re each developing AI. China talks about a 4th wave industrial revolution (I think it was): using AI to automate manufacturing better. In the west we’re enamoured with ChatGPT, which is getting rapidly better at writing essays but last I checked, is terrible at even basic math and tends to hallucinate. We’re using it to write emails because that’s what we mostly do.
China must have learned its history lessons well. They invented gun powder, only ending up to make fireworks for celebrations and entertaining. Meanwhile the West learned how to use gun powder to improve their industries and militaries, and ended up changing the world. 😊
Western media and so-called Western China experts are preoccupied with the slowdown of China's population growth and how it will impact China's economic growth, however, they have overlooked what Kevin has alluded to, and that is reducing and/or replacing the low-level value chain production that are moving to other countries whilst transitioning into high-value chain production.
@@Gunni1972 ah yes the defence from the ones trying to cope. No insightful critique of Mr. Walmsley’s thesis just same old same old boring tropes. Sorry bro not gonna answer your replies.
It’s also about China’s population decline and funding the social security net for the elderly. The reduction of younger human workers to perform the work and fund the tax base is less of an issue if the available jobs can be performed by robots or robotic automation. As long as the companies don’t pocket all the profits gained from achieving greater efficiency and cost savings and put it back in the public coffers, the future looks bright for all generations.
"Also about China's population decline": Yes, but it's more than just "also." : The official insistence on the robots being "humanoid" provides a clue. For ages, if you were to ask robotics and AI experts like Marvin Minsky about robots being humanoid, they would tell you that making robots in human shape is almost always pointless, as the robot would be far more productive than any human if shaped by the technical demands of the task at hand.... The exception is obvious: Services! Caring for the elderly and sick!
WHY ARE YOU MAD THAT FAST FOOD WORKERS ARE MAKING 20 DOLLARS AM HOUR. THIS IS WHAT AMERICANS DO NOT SEEM TO UNDERSTAND. . WAGES HAVE NOT KEEP UP WITH INFLATION. AJUSED TO INFLATION MINIMUM WAGES SHOULD BE AROUND $25 AN HOUR. THIS IS NOT ABOUT POLITICS BUT BASIC MATH. OUR ECONOMY IS SATAGNATING BECAUSE OF THE ECONOMIC DESTRUCTION OF THE MIDDLE CLASS. WITHOUT THE MIDDLE CLASS, IT IS IMPOSSIBLE TO HAVE A THRIVING ECONOMY. WE AMERICANS ARE OBSESSED WITH IDEOLOGY AND HATE ANY FORM OF PRAGMATISM.
"WAGES HAVE NOT KEEP UP WITH INFLATION" - entitled. From a business perspective, Wages have to keep up with MARGIN. If your work is not worth 20 USD; you do not get paid it, inflation be damned, because otherwise I LOOSE MONEY.
Now Chinese chip manufacturing capacity has significantly surpassed American's, 5nm Vs 10nm. Now the US let Taiwan tsmc to build 5nm manufacturing factory insde the US.
Yeah, the Huawei Mate 60 that came out last year has 5nm chip performance using 7nm tooling. TSMC and Samsung both stopped building fabs in the US due to cost & DEI requirements.
How could that be but that is impossible? Most American engineering students can't do math or programming. This is actually a proven fact. A few years back Verizon fired their software manager head of development when later found out he has been outsourcing his job to china for years. Just accounting found out from outsourcing payment reports. If you go on computer science forums in America, most say they can't program. Meaning TSMC have to train their workers for the next 10 years when it is operational. But during this time China already has their nano bots with AI chips.
@@getuptogetdown918 Only minor exception most engineers at Space X not from USA Ukrainian Russian Chinese or Indian. Space X is not doing anything new. Since the 1950s they stole the Nikola Tesla, with everything on space craft flying ships. But remind you Boeing might be bankrupt soon. Intel is next so is Stellantis. This is the real USA nothing but more fake news.
@@getuptogetdown918 Americunt engineers whom produced their greatest work at Boeing. Love flying stones planes from Boeing. They used real advanced math and computer programming skills for that.
"China is going to make all the money". Not unless countries start building their own. The purpose of your videos? Raise Awareness? A warning perhaps? Spreading hate because the Chinese are out performing most of nations out there? A reality check? It is the capitalist model/ mindset of doing business that's the problem. Buying what's the cheapest instead of competing to do something faster and better. Instead of the blame game that America plays, shouldn't the government change its foreign policy to one that is of competition? Instead of pouring financial resources into military, shouldn't America concentrate on its on infrastructure?
There are so many things that WE SHOULD be doing, as people and as a nation. That doesn't mean that we WILL or even that we MIGHT! You have to ask the people who OWN AMERICA, not a few random citizen/cranks.
This guy is into Dominations and Submissions. Chinese don’t care about that they are not into this game, they are into being harmonious living. He’s ideology is all wrong.
I have been thinking something similar, that the Chinese tech industry is a huge superorganism that combines centralized control in strategic areas with both fierce competition and cooperation plus massive use of information technology for coordination and optimization. The Western companies are more like isolated silos in comparison.
The Chinese industries are more like a crash of rhinos, where they basically all move together in the same general direction because they share very similar goals, methods, and velocity. The idea of "centralized control" doesn't pan out when each Chinese enterprise mostly works for themselves.
They don't change government every 4-6 years, so they can plan 200 years ahead. Their elections are for people to move up after they have shown their capability to perform and show results. Their policies can change, but their government stays. ❤❤❤
American workers constantly worry about losing jobs because they do. Their government focuses on so-called "equality" or "rights" because of so much discrimination in the country, but is powerless to have a long term development plan for the country's future competitiveness (other than weaponry). There is very little trust by American people to their government because they believe their government is run by the donors to the elected politicians. Chinese workers don't worry about losing jobs because Chinese has been working so hard to create better jobs for them in the past 40 years. The trust in government enables the government to set a long-term development plan and execute it well. Once this model is demonstrated working, it helps to convince their people in the next cycle.
As a whole Americans don't believe in any form of socialism. Have been this way for many decades. May change gradually as the younger generation are the ones leading the change -- evidence : young ones vote for Bernie Saunders in 2016 and 2020. They are still not enough driving force to counter the establishment in a decade or two.
You have to look for America 1st. After finding America, then you look further down the scale because India dares not overtake its master in all endeavours. Same as Japan.
India has a very low robot adoption rate, very high unemployment. India is still at the stage where they like to throw a log of dirt cheap unskilled labor at simple things, not at the stage where they manufacture high precision goods in high enough volume where industrial robots shine.
@@ZweiZwolfthank bro the type of language you have used for india will motivate me more to work hard in my path to change the thought of your type of people
@@ApurbMishra I hope that you are young and politically influential, because it's going to take a very long time, and you can't do it alone. India needs a minimum 20 years to reach the minimum education, training, and infrastructural preconditions for large scale industrial manufacturing. India will need large, sustained investments in power generation, ports, freight transportation, and management. India will also have to invest heavily into professional management, and it's too bad that India worked so hard to push out large, industrial MNCs like Ford, because they could have learned how to build things from them. Same with constantly going against China and refusing to join the BRI to get and learn how to build infrastrucutre at scale. As it is, India has to build everything from scratch, all at once. Good luck!
They expect China to decline because the population is expected to decline. And they also complain that Chinese increasingly roboticised manufacturing is driving massive per unit production overhead by eliminating human factory workers. And somehow they can’t work out that the second one is preparing to solve the first problem. China also has one cultural advantage in trying to reverse population decline, vs South Korea and Japan. Despite being fairly culturally homogeneous like the other two nations, Chinese are actually willing to migrate all over the world, including to “brown” and “black” countries, and they will marry non-Chinese. My mom follows an Indonesian YTuber who now lives with her Chinese husband in rural China. There’s no racism against her even there.
Google, amazon and all the big corporations will have all the robots they need , they will buy them spending millions to equip their plants with government subsidies, then they will also get a massive tax write off for having the robots , Then they can have them working 24/7 with a minimum number of people just to maintain them and make adjustments. This will all be in coordination with government help and is meant to assure the rich get richer and the working class continue to depend more on the government for everything like food and money and assistance. This is about controlling 99 percent of the population by replacing them with automation, then dumbing down the rest of the kids with education geared towards Lgbtq, racial identity and nonsense that won't help people other then put them against each other, while the 1 percent, keep a tight reign on the food supply, and and making sure everyone is subservient
America calls it "Liberation" instead of "Invasion". That was what US call it in Iraq, Afghanistan, Libya, Syria, Yemen, Somalia and the list goes on... Why the double standard? Confused... Please enlighten. Genuine question... Instances of the United States "liberated" or overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government) China 1949 to early 1960s Albania 1949-53 East Germany 1950s Iran 1953 * Guatemala 1954 * Costa Rica mid-1950s Syria 1956-7 Egypt 1957 Indonesia 1957-8 British Guiana 1953-64 * Iraq 1963 * North Vietnam 1945-73 Cambodia 1955-70 * Laos 1958 *, 1959 *, 1960 * Ecuador 1960-63 * Congo 1960 * France 1965 Brazil 1962-64 * Dominican Republic 1963 * Cuba 1959 to present Bolivia 1964 * Indonesia 1965 * Ghana 1966 * Chile 1964-73 * Greece 1967 * Costa Rica 1970-71 Bolivia 1971 * Australia 1973-75 * Angola 1975, 1980s Zaire 1975 Portugal 1974-76 * Jamaica 1976-80 * Seychelles 1979-81 Chad 1981-82 * Grenada 1983 * South Yemen 1982-84 Suriname 1982-84 Fiji 1987 * Libya 1980s Nicaragua 1981-90 * Panama 1989 * Bulgaria 1990 * Albania 1991 * Iraq 1991 Afghanistan 1980s * Somalia 1993 Yugoslavia 1999-2000 * Ecuador 2000 * Afghanistan 2001 * Venezuela 2002 * Iraq 2003 * Haiti 2004 * Somalia 2007 to present Honduras 2009 * Libya 2011 * Syria 2012 Ukraine 2014 * 2014 - 2022 - 9 countries yet to verify. Pakistan 2022 * Haiti 2022 * Niger 2023
Centuries ago, China was already an advance civilization that explored Africa, but found them backward. And they relaxed while the west advanced. Now they are still not well advanced ahead of the west and are still very lean and hungry and playing catch up at a furious pace. Question is, when they are well ahead again, will they fall into the relax stage again or have learned a lesson that progress never stops and there is always a mountain higher to climb?
They will institute Pax Sinica. We will learn to refer to "The Former United States of America". The habitable parts OF the USA will be much less than they are now, and might even return to the original 13 colonies more or less. I just hope we're not sore losers!
Being complacent is a genetic code to conserve energy for dealing with hardship. As a country rises in power, the decrease in hardships will make its people complacent. Like every dynasty in China, not a single regime can prosper forever.
The US MIC should outsource their production to China. Then they will be able to maximize their profits. Afterall China is no threat to the US. If they do this, even tensions over Taiwan should subside. The US $900 billion defence budget should salivate the "communists" in China if naval, aviation and munitions etc are outsourced to China. Besides if outsourced to China, there will be no cost overruns and no delays etc. What's not to like?😁
I'm paused at 5:00 minutes and it just occurred to me how familiar this sounds. Germany in the 1920's producing the best products in the world, far outpacing Britain and the US. False flag and we have WW1. Then some 20 years later...
You ignore the reality in China of too many old people and social services being overrun. China may not REPLACE workers in factories with robots first, but it will have to put robots into factories because working age population is falling off a cliff, and more and more of those are currently stuck in health - and soon will be. Robots are a MUST in china.
think there's also urgency in China because of the aging population... there will be many more older folks than younger ones due to one child policy for so many years and younger generations do not want to have more kids....... Hence there is an urgency to have more automation and robots to replace whatever jobs that robots can do at a lower cost to free up more humans to do jobs that robots cannot do...?
5:39 - Why is China racing to develop robotic industry? Answer: Because their birth rate is decreasing, though slowly, and it could be expected that they need some mechanism to replace the human power working on some jobs that once could be carried out by human labors. Simply put, they will need robots to fill in the gap that is required of various industries and various lines of work from factories to house cleaning, which can be taken over by robots.
💯 I agree that that is the main driver for this, the many other advantages this will bring with respect to global comerce aren't to be sniffed at either but fixing an internal problem that they've seen coming a mile off is just forward planning.
Oh yeah, That is a "logical conclusion", only a Pornhub-educated american could come up with. You see, Robots, don't buy goods, unless a human orders them to. They do not use services, tailored for humans. They do not own credit-cards either. so they have no means to keep an economy afloat. A declining birth rate can easily be remedied by reducing taxes for families on a "per child"-basis. There, DONE. (Russia does that, for example). If you have a work force that needs to be plugged in every so often, your Infrastructure has to change, and every company needs to manage charging times, and corridors to the plug-in station. It's an additional burden. And while a worker usually doesn't catch fire during his lunch break, a Robot might during that procedure.It's a huge risk, as usually, using equipment degrades it. Also, if you want to replace a work force of 500 million people, your housing prices will crash, as a robot only needs a a storage room, not an apartment. The people still alive have no job, and can't afford housing.Or food. And only Humans, who most likely could be replaced by a robot would believe that to be a feasible future. If you are of the State #1, State#2...etc. Excel sheeters, that sounds plausible. But if you accept that not only YOU, but Everybody has a cultural background, and global economy is tailored to be enjoyed by people, not robots, you figure out where these Sci-Fi ideas go wrong big time.
Even the Chinese people want to have more time for personal and family life. So robot taking over jobs is not necessarily due to aging population. Young people can do shorter hours and easier jobs, have time to enjoy a better lifestyle. Their socialist government will ensure they continue to have basic needs, either free or very very cheaply. 👍👍
Any technology however innovative will lose its purpose if the resultant products are unaffordable to the masses. If China high speed rail is incurring huge losses, it is acceptable because it serves the public - the primary job of any government. China development model is thus different from the West. Above all it has continuity of governance with long term plans n objectives. Once central government adopted a given policy, you can Be assured it will be implemented with what necessary resources s as bd resolutes.
Government support, from funding to being customers for that company, buying its products, makes it difficult to compete against.. Cost of $90k 6 months ago? Unitree robots I believe is today $16k
China’s one party system makes this 7 step strategy workable. America’s biggest problem is that corporations are much more interested in profit and not so much the product. And near term profit is almost always selected over longer term profit and long term competitiveness.
Every country should focus on their scope of comparative advantage, like US focus on basketball, Europe on soccer, Chinese on table tennis. Robot is only one of the everything, there are whole bunch of other topics wide open for everybody to develop. US makes money on IPhone AI.... , Netherland ASML makes money on chips making machines. It is kind of bias to say China is going to make all the money on making robot. It may be or may not be a fact but I think not making personal judgment on the video would be better Every country can has a share if it works according to the market and his comparative advantage.
I only recently found you site and I must admit that much of what I have heard, understood and digested for meaningful content has me very worried about the future of my country (USA). Thanks for your very forward presentations. I hope our government will get its act together sooner than latter.
I am laughing your opinion! Why China build so many robots even their workers have high productivity with lower pay than your worker in states? Strange? Your opinion will not save US manufacturing, only shows your fear of lost in future! You should ask, why your US government don’t do the same same thing as Chinese ? Why US companies would like take much much higher profit margins than many other companies in developing countries’? For a similar good, you want make $8, $9 profit out $10 , other people just make for $1 or pennies out $10? Now, you would see many US companies gradually losing their dominance in their field. Apple, Boeing, Caterpillar even Tesla, etc are losing the leading position! Too greedy!
You believe you are smarter. That’s fine. You basically believe that without greedy US companies moving their jobs to China, China wouldn’t be able to do it by themselves. Just wait until the day China lead in innovation in most if not all areas of advanced technology. That day is not very far.
Your videos are great and informative. But also make me a bit sad because we have little to no hope in competing with China. They're already outcompeting us in so many areas. To think my country's economy as recently as 2005 was larger than China's economy
This is what the Chinese learnt from reading “the Three Body Problem”, how about you? It’s not about making money, it’s about ensuring survival of the Chinese culture and civilization, in the “dark forest” reality we are living in. If US and it’s allies have not display their hostility so blatantly, perhaps the Chinese would have been blindsided on only “making money”.
I would say automation enables China to pay higher wages to human workers. That seems a sufficient reason for China to automate production. And also free humans from repetitive work!👌
3 main factors that make China competitive and dominant in international trade. Technology and productive efficiency, excellent supply chain management and highly advanced global logistics in infrastructure and delivery services. Thus, from automated production => Supply Chain => Delivery to consumers, the entire process is completely dominated by China. Not to mention a country with one of the top 5 highest IQ in the world.
India can have the lower end labor intensive assembling and lower value manufacturing jobs as China is moving full speed towards high end, automated and smart manufacturing that can produce many many times faster and at much cheaper costs with significantly better quality and reliability.
Normally, with the Experience Curve, a company starts producing only limited quantity, because it can't compete on cost, but gradually the per unit cost and thus the price come down. But how were the Chinese able to ride the curve down so fast? Subsidies? (Initially, Japan's producers made only low-tech items, then climbed the ladder to high-tech. And there were subsides as to the latter. Is this what China also did?) Please advise. And thanks for such good stuff!
They are also rushing this to solve their aging population problem. Japan succeeded quite well in that as well compared to other countries with declining birth rate.
They're already there. China has chip production coming on line big time, and they don't need to import chips any more. The cost of chips is going to crater, exacerbated by new fabs in the US and EU.
The only hurdle for China is USA saying "NO" to everything it does. Since "Success makes right", I wonder how long USA will be able to "sell" it's attitude.
For an advanced industry like robotics, you should address the issue of China's scientific establishment, the thousands of research institutions. Those include government laboratories, research institutions inside universities, and others. I would find it hard to believe that the companies are on their own, without support from those research institutions as they improve the sophistication of their technology.
Since China is by far the World's largest shipbuilder, one must wonder just how much investment has been made, and will be made, in this are? China is making amazing progress in all aspects of AI, and machine intelligence - areas that may be of benefit in the "roboticisation" of the classic example of heavy engineering - shipbuilding. Once they complete this process, just how much faster (and more reproducibly) they can build shipping? Obviously this may well reduce the cost of commercial vessel production significantly, but the military implications are equally stunning, with the (albeit still somewhat distant) prospect of Frigate or Destroyer mechanised "Production lines" churning out exact copies almost as rapidly as the Commercial Vehicle Industry currently produces trucks and buses.
Why is the Chinese exchange rate still sticky 1:7 for years now? If they sell Yuan priced products, then byers should be competing to get yuans? at some point their capability to extract renewable energy should reduce their need for import.
China owns so many Dollars they can outspend any group of speculators to maintain the peg indefinitely. A good example of this is when the Hong Kong Monetary Authority battled Soros in 1998, spiking rates and injecting liquidity to defend the Hong Kong Dollar peg. Soros lost Billions, and has hated China ever since.
Yep. And US/EU companies will keep outsourcing to China anyway to maximize profits, also avoiding pesky financial, environmental, health, and labor regulations. Meanwhile, current and future "Western" workers/consumers have become indentured servants for life, enslaved by personal and government tax debts that can never be repaid. Thanks!
China is becoming increasingly regulated, getting much stricter on environmental and labor regulations. A good example is China refusing to accept American trash for recycling, leading to a near collapse of America's recycling system.
In the meantime, our Longshoremen just went on strike affecting ports from TX to the East Coast. 2 major DEMANDS: NO PORT AUTOMATION, and 70-80 % pay increase in the next few years! Result? Uncompetitive high port operation cost and stay in the Stone Age without automation. We are killing ourselves and the politicians won’t dare doing a course correction bc they want their votes, not what is best for the country! Meanwhile, ports in China have gone 5G with minimal human staffing due to automation. The results? Chinese ports have unmatched operation safety, accuracy, low overhead, and efficiency. Don’t forget, even more automation will be added
Kevin is a good historian who can sum up how industry moves forward around the world for the past decades. China is learning fast from Japan, US, EU and Singapore how to improve Chinese industries from nothing to a standard leveled with the advances industries in other countries. China has done well with a long term planning by the government that is more capitalistic than the US and West even though the backward US politicians still calling China as Communist China. Such US politicians should visit China to see how advanced and capitalistic Chins is now. China has long term plan for every project and they show the US and EU and Japan how it is done. So dont expect China to slow down for you in order for you to catch up. BTW, the Chinese is well known to be a hard working race. Can other races compete?
Westerners mistake China's economy planning with the Soviet's planned economy. They are completely different things. Chinese economy planning is a collabratted compaign orchestrated by the government. State owned company takes care of raw material and low margin but essential technology and made them commodity to private sector. Private sector takes on high margin high risk and labor intensive tasks. The provincial government will move mountains to help enterprises grow in their territory to boost local economy and create jobs. The central government doesn't control everything. Market and competition still exists. The government tries everything to keep the competition health and efficient. This is no secret.
Damn Xi approves... but clearly not true by results. West Taiwan will face truth soon enough.
By now, the west should be familiar with how Asians plan. They had Japan, then South Korea, then China. Not like China was first. No use complaining.
@@Zerpentsa6598 Comparing China and Korea/Japan is another classic mistake. China is a sovereign country, not an American colony. China is a socialist country where state controls capital but not the other way. Japan and Korea are planned by the chaebols. China is planned by the CPC total different.
So, USA just another big bully, racist, double standard Anglo-Saxon.😅 EU is followers to the graveyard economy.😂😂😂😊
Its also capitalism mixed with socialism aka NAZI economics
Chinese government is working for its people, believe it or not . So robots will be work for the people.
Western governments is working for the multinationals and is controlled by them ( one way or the other ) , their robots will be used / sold for max. Profits .
western robot is not working for the western people, they used it for the war invading & destroy other countries.
That is why this guy is thinking China is trying to use robots to replace American workers😂😂😂😂. We all know the correct purpose of developing robot is to liberate human from hard labor. Unfortunately this is not the case of the west. They are thinking about making money or profit or having relative more wealth than others instead of thinking creating more wealth for human race as a whole. The east is benevolent and the west is evil in the core. Strangely enough the evil side could lead technology driven by greedy motives. From the difference ways of reasoning you could peek deeply into the nature of the soul.
No, China NEVER works for its people. You can just look back at the era when the CCP intentionally starved to death 80 million of their own citizens while having the grain required to feed them. That is more people than many countries have citizens. The CCP, and by government mandate the entire populace of China, work only for those few who are in power. As bad as late-stage capitalism may seem it is nothing compared to the horrors of a late-stage communist dictatorship.
There is down side to keep selling price low.
As China progress, cost will continue to increase..this will squeeze profit which is already thin.
It will affect investment on research and development.
The problem with public companies is that they are existing to maximize profits for shareholders. In practice, it often translates into screw the employees and reward top management. With monopolies, this also translate into screw the customers and the country too. Automation can create a world of plenty, and the politics and economic systems have got to move to take advantage of that to create a world of plenty for everyone.
My father was professor of CompSci and was one of the early pioneers of robotics. At the time of his death in 98', the robotics industry was nearly non-existent. Early on, he recognized the talent and ingenuity of his mainland Chinese students and saw their potential. I recall that he stated that with a population in excess of a billion and given the opportunities, there would be a proportionate number of prodigous individuals who could remake China. Fastforward 2024, I think he would not be surprised at today's China. The problem is whether or not the US can peacefully coexist with such a comnpetitor.
Can we peacefully coexist with ANYONE? This is not our way!
US robots are good at warfare 😅
Perhaps China is simply taking back its original position in the share of the world's economy that it enjoyed before the opium wars weakened and damaged it.
India might also now be doing the same.
The problem is that the rise (or re-emergence) of China may be too sudden for many countries to adapt properly.
Selective protectionism could be a solution. Hopefully though, some countries which tried to impose on others a particular economic system (even to the point of war or regime change) will be wiser on such matters.
@@akakakakakak3084 good ?
Even robots will succumb to its numerical capacity .
He said , Chinese robots are selling at half the western robots ,
And they are gaining momentum to go mass produce even cheaper .
The American robot soldier against 5 Chinese robot in a shootout ?
That's is one movie I'm waiting .
Sadly most of their progress isn't truth.
I always appreciate an intelligent discussion. Recently, I saw a head line in sky news" why Australia silent when uk calls China a threat", that is what they interest in, unfortunately. Throwing muds and calling names, instead of figure out the path to motivate ourselves to compete. I wish calling names would make a difference, if it s not then we are on the one way street to irrelevancy
We are irrelevant. Just look at how AUKUS is playing out for us. With idiots and lap dogs as leaders, what else do we expect?
Your politicians don't think like you or don't want to think like you and that's to China's advantage.
Look at Tom Cotton vs Tiktok's CEO of Singapore etc etc. 😂😂😂
Why compete but not corporate? Every country has its strength, countries need to work together
The most ridiculous accusation against China I read was:”China used its sea to hide its submarines”. Epic journalism.
@AZ-hj8ym Life is a competition. You have to be good at something to earn your keep.
It's amazing what you can do when you don't spend all your money on the military.
But China’s navy has expanded significantly - it’s enormous now
@@ili626 Without spending 1 trillion every year.
And welfare for people that don't even belong here.
Yes China spends much less on the military than the US, but they get a lot out of what they spend.
The US MIC has become a profit machine. They like to build a few of very expensive things, which would be hard to produce at scale when that's needed. i.e., when the stockpile is depleted as it quickly will be in a real war.
China has to build their military until it deters the US from starting the war they are talking about.
Maybe China should do some advertising about their military capability, as a cheaper way to deter the US.
@@ili626 usa 1000 bases china 1 go figure
Many Westerners worry that robots will cause large numbers of workers to lose their jobs, but few Chinese worry about this issue. The fundamental reason is that Chinese education clearly tells the Chinese people that technological progress is accompanied by changes in wealth distribution methods or systems to adapt to this progress. We might as well assume that robots have replaced the vast majority of jobs, then we only need to legislate to take away most of the profits and distribute them to those who are unemployed to solve this problem. We can enjoy the convenience brought by robot work and reduce the pressure of survival. Fear comes from being accustomed to old living habits, fear of change or not knowing how to adapt to change. You just need to understand that all the rules of human society are made by humans themselves. They are not set in stone. On the contrary, they should continue to reform as the real environment changes to adapt to changes in the real environment.
Perfectly stated. I do believe our future as a species is shifting towards intellectual labor and China's innovative use of robots in manufacturing will help accelerate that process. Commodities will become cheaper and cheaper there in the long term while strengthening consumer markets and priming the Chinese population for even higher learning in management and R/d.
If you have a good government, you will produce robots that will serve your people. However, when you're ruled over by a bad government, then you will produce robots that will oppress and enslave you for the elites. The latter is where the fear comes from.
China already has a rampant unemployment problem due in small part to automation although in China it is far more common to have humans do the very dangerous and low-paid jobs rather than invest in expensive machines to replace them. Humans are simply cheaper and they are easier to replace when they break. This has led to the widespread "let it rot" attitude seen in its youth.
@@kirbyjoe7484 Socialism Darwinism. The "let it rot" species will go extinction by themselves.
Sorry mate.
What you just said was just too complicated for your Congressmen to comprehend.
LOL
China has a huge population of highly educated high-skilled people. What they’re capable of is beyond American understanding.
No, they can't be smart enough to do what we do. They most have stolen our technology. /s
Most westerners think that china is using slave labors😂
Why do you care so much about American understanding, it’s pretty naive to think you know, no? Americas robotics and technology is soooo far ahead that it’s not even worth talking about. You’re delusional if you think otherwise.
Space X literally just caught a rocket. A world’s first… this is beyond your understanding 😂
How to compete with 1.5 bil strong nation whose average IQ is 105 to 113, and whose capacity for hard work is well known all over the world wherever they may live? The socialist model suited them to a T for that had been the way they were in the dynastic era.
By looking at the devastating effect the One Child Policy has on China nowish and in the next decades. Population does not count when it is old and fragile.
TOUCHE SIR !
For higher average IQ they are really struggling to come up with much own creative innovations. Copy cats.
I studied in Asia at university and I realized while they aced the exams (by learning what the professors wanted) they completely sucked at any project work that required using your own brain. I even upset one professor since I owned him in a project assignment ignoring his stupid research paper and solved the problem in a few hours with less compexity and less cost - my fellow students were scared of what the professor would say. Fear driven societies will not sustain.
It is easy to work hard when it's your country, and your government.
Except China isn’t 1.5 billion. It’s just over billion now and shrinking fast. China will need robots to take care of all its old people . China population dying off . China urbanized too quickly with almost 70% of people moving to cities and low birth rates. While USA has stayed rural and suburban with an only 15% of its population in cities, plus USA is bringing in millions of immigrants. So USA is growing and has more young workers to replace aging workers while China will need more automation. China in real trouble. I can see it all over China with unemployment, housing prices falling, China stock markets not recovering, thousands of Chinese millionaires fleeing China. CCP and Xi should be ousted by Chinese people.
The advent of new technologies has placed China on equal footing with the West, in contrast to traditional industries where the West holds a significant majority of intellectual property and can exploit it to impede China's progress. China has already made impressive strides in the fields of green energy, AI, and robotics, accumulating substantial expertise. They are now diligently forging an ecosystem conducive to the development of these technologies into thriving industries, not only for their own benefit but also for the betterment of the global community.
Please say that again.
Humanity! China is DEMOCRACitize products, knowledge and funding on this planet.
Instead of working harder and working longer hours, they just apply more sanctions and printing more money. 😅😅😅
Working harder working longer years will take years to realise.
Sanctions can start tomorrow.
the average American worker is 8X more efficient than the average Chinese.
and that is the reason for sinking faster@@wongcy713
Where did you get that. If that’s the case, the US would not be in trouble. Get out of your mom’s basement and get a real job. I am tire of all you unproductive teens.@@topsuperseven7910
@@topsuperseven7910 That's not called ''efficiency', it's called 'exploitation' based on US's hegemony. It's unfair to the global south.
I saw a video a couple of years ago about a chinese company that was developing robots to take care of the ederly. That's the best option to take care of their growing aging population without using too much of their productive workforce.
There is a reason to have robotics , as the population not only Aging but also decreasing
Japan has understood this for a long while now.❤😊
Better to replace other tasks, leave caring for the elderly to the humans.
I think the reason why our government is obsessed with industrial automation is not profit, but the realistic crisis and ideological self-limitation.
Our population is aging, and secondary and higher education is becoming popular. We can't learn from the United States, outsourcing manufacturing to other backward areas and hoping to dominate their future through political and military hegemony to eliminate risks. We also don't want to get young immigrants with low education to fill the bottom service industry by disturbing our neighbors in the south.
We must ensure that we have an industrial manufacturing system with all vertical capabilities, without copying the practices of the United States. This is why we are obsessed with industrial automation, which is a different strategy to deal with change driven by different ideologies.
We China people don't have any unusual ability to predict or organize, but we have different views.
Robots are the future of manufacturing. Every nation will follow suit.
But for China, as well as other nations with an aging population such as Japan, robots will also be useful in elder care.
In other words, they will be an additional work force in both manufacturing and services.
I wish I could buy a robot maid here in North America right now. But we are nowhere near it.
All advance industrialized countries have aging populations.
@@waichui2988 True. But China also dropped the ball with their 1 child policy, or rather how slow they were to end it. No type of government is perfect. And this is an example where top down control could be bad for the country
In a socialist economy, you will always have some kind of job even if robots take most of those jobs. In a purely capitalist economy, your job security isn't there if a robot can do it. Think about it.
I am here to remind all that it doesn't TAKE robots to make one unemployed! If you're heavily invested in some technology or software and the situation changes you are Oh You Tee! Retraining is on you. Or try to get one of the good cardboard boxes to live in....
@@leonardpearlman4017 That's why you must go into business for yourself.
@monipenny408 You can choose that system if you want, but the US has no right to impose their system of governance on other countries.
Dont forget sombody have to make the Robot,maintain it repair it uppgrad software, replace it when worn out. A lot of people needed to make it work 24 /7, skilled workers.
The capitalist society has to come up with some way to get a market for all the stuff robots can produce, so cheaply.
Socialists might have an easier time with that. So maybe we should look to China, and not to the US.
I don't see much thinking about that at all, anywhere. Maybe it's a really hard problem, building a compleatly different society.
Science fiction is usually first to say something about those things. But this time they have been very quite, I think.
I remember a SF book from 30, 40 years ago, showing the problem, but not the solution.
I have to re-read Kurtzweil's Singularity book, but as I remember it, no solution I liked there!
The world is not stagnant and is dynamic. Vietnam, India , Indonesia, Middle East countries, etc are surging and developing fast and eventually catching up with the West. China is no exception. Please do not fear competition. Human societies are evolving to greater heights.
The development of humanoid robots is a logical phase in the rise of technology. Just from own experience the inefficiency in the supermarkets by human personnel can be eliminated by humanoid robots. All companies and military can make use of robots and there is nothing that a human can prevent its rise and China will be the first country that makes use of humanoid robots and exports them abroad.
This automation thing is NEVER talked about in regards to the demographic problem in most (all?) industrialized nations.
My view is you should easily be able to compensate for these "demographic issues" with increased automation resulting in productivity increases.
Then it is "just" a matter of redistribution / distribution of resources and here I can not think of any country more suited to handle this than China.
Nothing could be more obvious! Or less often discussed. Funny! WE worry that THEY will have a shortage of workers, in a world were mass unemployment is common. WE LIKE mass unemployment, they don't.
It is about time the USA learn from the Chinese. Like Socialism? Taking care the roads, the bridges and the homeless?
US will not copy China. It can’t, even if it wanted to.
Let China first give up Communism and have Free speech and Fair Elections
We need Socialism With Murican Characteristics!
They cannot reverse and sell socialism as they already demonised it to all the world.
It is impossible, given current situation of USA being controlled by Capitalism.
the Chinese would be more likely to give a universal basic income
Than most countries
they will put that money into retirement fund most likely, usually they don’t like to make young ppl too comfortable with their lives and become lazy
they probably trying to do that with the BRICS
China doesn't do UBI - they create small unskilled jobs instead. China has a small army of security guards, street sweepers, etc. paid to give people jobs, which they do pretty well. The parks and streets are clean and safe. Same with delivery and taxis, etc.
They are going to have to once they create robots that will be able to do all those jobs
@@ZweiZwolfEVERYBODY PUT IN WHAT THEY ABLE TO = SOCIALISM
Yup. They do capitalism better than we do but b cuz they r socialist they do it 4 the better of their ppl 4 the future of their country & the world
I really love this guy, his approach to the facts, a real China discussion. I like smart.
@adam asked a good question
"Since you have deciphered China's formula for domination, why can't the more advanced countries of Europe and America do the same?"
I would like to hear from everyone why America and the West it leads have chosen to sanction China instead of working to improve their own systems?
Reason no. 1 : democracy.
Reason no. 2 : freedom.
Reason no. 3 : protests galore.
😂😂😂
Because in America there is very little long term planning. The emphasis on quick quarterly profits is prevalent because executive remuneration is tied to it.
这是资本主义和社会主义的区别，资本主义是少数资本家，只为追求利润，占据大部分的剩余价值！中国是社会主义国家，国有企业和私有企业，中国的中学课本里讲的很明确，社会主义与资本主义的区别在于再分配，国家通过再分配实现人民生活水平的提高，国家把挣的钱都用于基础建设，公共建设，这些可以让所有人民都享受到，而不是少数有钱人，另外中国从40年前就教育人民，科学技术是第一生产力，所以中国所有人对科技不会恐惧何抗拒，而是向往和拥抱，他们知道新科技是为人民服务的！
WE can't do the same because we don't have the same basic philosophy! The purpose of our national system IS NOT to find the general benefit, we don't look for "win-win" situations, we don't have consultative style of government, we're individually and collectively murderous jerks! Not you or me of course, I think?
@@leonardpearlman4017
Poor Bushnell, he sacrificed himself in vain. 😭
We were taught in school socialism never works and always leads to failure. It is difficult to define what China is in terms of its political system.
Think of China in terms of the Jetsons.
It's Democratic Socialism. The socialist government takes care of all their people's essentials needs, and the people has their freedom, rights, benefits, and work for currency to buy the comfort and luxury choices for enjoyment of life. 🐉🐲🐉🐲👍👍👍
You can see the differences in Western economies and China’s in how they’re each developing AI. China talks about a 4th wave industrial revolution (I think it was): using AI to automate manufacturing better. In the west we’re enamoured with ChatGPT, which is getting rapidly better at writing essays but last I checked, is terrible at even basic math and tends to hallucinate. We’re using it to write emails because that’s what we mostly do.
China must have learned its history lessons well. They invented gun powder, only ending up to make fireworks for celebrations and entertaining. Meanwhile the West learned how to use gun powder to improve their industries and militaries, and ended up changing the world. 😊
@@catinbootsnow4267the west is devil hinself. You just proved it. Thank you
Xiaomi su7 is just another milestone of competing on cost and quality.
Western media and so-called Western China experts are preoccupied with the slowdown of China's population growth and how it will impact China's economic growth, however, they have overlooked what Kevin has alluded to, and that is reducing and/or replacing the low-level value chain production that are moving to other countries whilst transitioning into high-value chain production.
Amazing how fast your channel has grown. The first time I saw your channel it was like 200 views after 9 hours. Today it is 8600 views 😮after 9 hours.
He is building them Bot-farms fast.😅
@@Gunni1972 ah yes the defence from the ones trying to cope. No insightful critique of Mr. Walmsley’s thesis just same old same old boring tropes. Sorry bro not gonna answer your replies.
Now it's 30k after 8 hours
It’s also about China’s population decline and funding the social security net for the elderly. The reduction of younger human workers to perform the work and fund the tax base is less of an issue if the available jobs can be performed by robots or robotic automation. As long as the companies don’t pocket all the profits gained from achieving greater efficiency and cost savings and put it back in the public coffers, the future looks bright for all generations.
Yeah, how likely, companies not Bag all the money and pay dividends to "Investor-bots"?
"Also about China's population decline": Yes, but it's more than just "also." : The official insistence on the robots being "humanoid" provides a clue. For ages, if you were to ask robotics and AI experts like Marvin Minsky about robots being humanoid, they would tell you that making robots in human shape is almost always pointless, as the robot would be far more productive than any human if shaped by the technical demands of the task at hand.... The exception is obvious: Services! Caring for the elderly and sick!
WHY ARE YOU MAD THAT FAST FOOD WORKERS ARE MAKING 20 DOLLARS AM HOUR. THIS IS WHAT AMERICANS DO NOT SEEM TO UNDERSTAND. . WAGES HAVE NOT KEEP UP WITH INFLATION. AJUSED TO INFLATION MINIMUM WAGES SHOULD BE AROUND $25 AN HOUR. THIS IS NOT ABOUT POLITICS BUT BASIC MATH. OUR ECONOMY IS SATAGNATING BECAUSE OF THE ECONOMIC DESTRUCTION OF THE MIDDLE CLASS. WITHOUT THE MIDDLE CLASS, IT IS IMPOSSIBLE TO HAVE A THRIVING ECONOMY. WE AMERICANS ARE OBSESSED WITH IDEOLOGY AND HATE ANY FORM OF PRAGMATISM.
Without good wages, you cannot have a middle class. Therefore, what we is needed are good wages, workers rights and safety
"WAGES HAVE NOT KEEP UP WITH INFLATION" - entitled. From a business perspective, Wages have to keep up with MARGIN. If your work is not worth 20 USD; you do not get paid it, inflation be damned, because otherwise I LOOSE MONEY.
Now Chinese chip manufacturing capacity has significantly surpassed American's, 5nm Vs 10nm. Now the US let Taiwan tsmc to build 5nm manufacturing factory insde the US.
Yeah, the Huawei Mate 60 that came out last year has 5nm chip performance using 7nm tooling. TSMC and Samsung both stopped building fabs in the US due to cost & DEI requirements.
How could that be but that is impossible? Most American engineering students can't do math or programming. This is actually a proven fact. A few years back Verizon fired their software manager head of development when later found out he has been outsourcing his job to china for years. Just accounting found out from outsourcing payment reports. If you go on computer science forums in America, most say they can't program. Meaning TSMC have to train their workers for the next 10 years when it is operational. But during this time China already has their nano bots with AI chips.
@@edwardpi9852America, space X just caught a rocket… guess no math was needed huh?
@@getuptogetdown918 Only minor exception most engineers at Space X not from USA Ukrainian Russian Chinese or Indian. Space X is not doing anything new. Since the 1950s they stole the Nikola Tesla, with everything on space craft flying ships. But remind you Boeing might be bankrupt soon. Intel is next so is Stellantis. This is the real USA nothing but more fake news.
@@getuptogetdown918 Americunt engineers whom produced their greatest work at Boeing. Love flying stones planes from Boeing. They used real advanced math and computer programming skills for that.
"China is going to make all the money". Not unless countries start building their own.
The purpose of your videos? Raise Awareness? A warning perhaps? Spreading hate because the Chinese are out performing most of nations out there? A reality check?
It is the capitalist model/ mindset of doing business that's the problem. Buying what's the cheapest instead of competing to do something faster and better.
Instead of the blame game that America plays, shouldn't the government change its foreign policy to one that is of competition? Instead of pouring financial resources into military, shouldn't America concentrate on its on infrastructure?
China spends a lot of money and time to improve their industries while the west spends a lot of money and time to demonize/conflict others.
There are so many things that WE SHOULD be doing, as people and as a nation. That doesn't mean that we WILL or even that we MIGHT! You have to ask the people who OWN AMERICA, not a few random citizen/cranks.
This guy is into Dominations and Submissions. Chinese don’t care about that they are not into this game, they are into being harmonious living. He’s ideology is all wrong.
I have been thinking something similar, that the Chinese tech industry is a huge superorganism that combines centralized control in strategic areas with both fierce competition and cooperation plus massive use of information technology for coordination and optimization. The Western companies are more like isolated silos in comparison.
The Chinese industries are more like a crash of rhinos, where they basically all move together in the same general direction because they share very similar goals, methods, and velocity. The idea of "centralized control" doesn't pan out when each Chinese enterprise mostly works for themselves.
Yep. And when they feel domestic competition isn't compelling enough, they bring in foreign competitors (like Tesla) to raise the game. Smart moves
But in America there'll pontificate about robot rights, when commercialize robots
Robots which demand free gender alterations and robot child care 24/7. It won’t be cheap in America.
what 'bout robots gender & pronoun 🤣🤣🤣🤣🤣🤣
@@thierrycs1165 How can you forget about the colors.
@@jxmai7687they will make them orange.
And robots gender equality
That is our problem we only think of the here and now,whilst the Chinese have a hundred year plan for everything and they are very patient
Patient? Have you seen their work schedules? They are damn busy.
@@Gunni1972 industrial strategy
They don't change government every 4-6 years, so they can plan 200 years ahead. Their elections are for people to move up after they have shown their capability to perform and show results. Their policies can change, but their government stays. ❤❤❤
American workers constantly worry about losing jobs because they do. Their government focuses on so-called "equality" or "rights" because of so much discrimination in the country, but is powerless to have a long term development plan for the country's future competitiveness (other than weaponry). There is very little trust by American people to their government because they believe their government is run by the donors to the elected politicians.
Chinese workers don't worry about losing jobs because Chinese has been working so hard to create better jobs for them in the past 40 years. The trust in government enables the government to set a long-term development plan and execute it well. Once this model is demonstrated working, it helps to convince their people in the next cycle.
As a whole Americans don't believe in any form of socialism. Have been this way for many decades.
May change gradually as the younger generation are the ones leading the change -- evidence : young ones vote for Bernie Saunders in 2016 and 2020. They are still not enough driving force to counter the establishment in a decade or two.
Because they are not good people. They support their governments evil deeds. Thats why their governments dont care.
Nice explanation about the standard steps to take over any industry! 🙂
Where is India （ superpower) in that chart 6:00 ?
You have to look for America 1st. After finding America, then you look further down the scale because India dares not overtake its master in all endeavours. Same as Japan.
India has a very low robot adoption rate, very high unemployment. India is still at the stage where they like to throw a log of dirt cheap unskilled labor at simple things, not at the stage where they manufacture high precision goods in high enough volume where industrial robots shine.
They are way ahead and staying out of the chart…
@@ZweiZwolfthank bro the type of language you have used for india will motivate me more to work hard in my path to change the thought of your type of people
@@ApurbMishra I hope that you are young and politically influential, because it's going to take a very long time, and you can't do it alone. India needs a minimum 20 years to reach the minimum education, training, and infrastructural preconditions for large scale industrial manufacturing. India will need large, sustained investments in power generation, ports, freight transportation, and management. India will also have to invest heavily into professional management, and it's too bad that India worked so hard to push out large, industrial MNCs like Ford, because they could have learned how to build things from them. Same with constantly going against China and refusing to join the BRI to get and learn how to build infrastrucutre at scale. As it is, India has to build everything from scratch, all at once. Good luck!
If it happened to other part of the world, they would call it innovation.
They expect China to decline because the population is expected to decline. And they also complain that Chinese increasingly roboticised manufacturing is driving massive per unit production overhead by eliminating human factory workers.
And somehow they can’t work out that the second one is preparing to solve the first problem.
China also has one cultural advantage in trying to reverse population decline, vs South Korea and Japan. Despite being fairly culturally homogeneous like the other two nations, Chinese are actually willing to migrate all over the world, including to “brown” and “black” countries, and they will marry non-Chinese. My mom follows an Indonesian YTuber who now lives with her Chinese husband in rural China. There’s no racism against her even there.
Same with africans married to Chinese in china. And alot of Chinese men marry in africa.
Sir, wondering what's your taking on american have over 780 millitary bases on this planet ？thanks
Probably ranting about them not being automated yet.😇
Robotics is an enabling technology. It makes manufacturing all other products lower cost, higher volume and precision quality.
Kevin, your analyses are always first class. I learn a lot listening to you.
Robots will be fighting wars.
500$ dji drones guided by AI armed with 10g of explosive will be hunting for seals?
Google, amazon and all the big corporations will have all the robots they need , they will buy them spending millions to equip their plants with government subsidies, then they will also get a massive tax write off for having the robots , Then they can have them working 24/7 with a minimum number of people just to maintain them and make adjustments. This will all be in coordination with government help and is meant to assure the rich get richer and the working class continue to depend more on the government for everything like food and money and assistance. This is about controlling 99 percent of the population by replacing them with automation, then dumbing down the rest of the kids with education geared towards Lgbtq, racial identity and nonsense that won't help people other then put them against each other, while the 1 percent, keep a tight reign on the food supply, and and making sure everyone is subservient
@@twohorse123More likely hunting for opposing drone command center.
America calls it "Liberation" instead of "Invasion". That was what US call it in Iraq, Afghanistan, Libya, Syria, Yemen, Somalia and the list goes on... Why the double standard? Confused... Please enlighten. Genuine question...
Instances of the United States "liberated" or overthrowing, or attempting to overthrow, a foreign government since the Second World War. (* indicates successful ouster of a government)
China 1949 to early 1960s
Albania 1949-53
East Germany 1950s
Iran 1953 *
Guatemala 1954 *
Costa Rica mid-1950s
Syria 1956-7
Egypt 1957
Indonesia 1957-8
British Guiana 1953-64 *
Iraq 1963 *
North Vietnam 1945-73
Cambodia 1955-70 *
Laos 1958 *, 1959 *, 1960 *
Ecuador 1960-63 *
Congo 1960 *
France 1965
Brazil 1962-64 *
Dominican Republic 1963 *
Cuba 1959 to present
Bolivia 1964 *
Indonesia 1965 *
Ghana 1966 *
Chile 1964-73 *
Greece 1967 *
Costa Rica 1970-71
Bolivia 1971 *
Australia 1973-75 *
Angola 1975, 1980s
Zaire 1975
Portugal 1974-76 *
Jamaica 1976-80 *
Seychelles 1979-81
Chad 1981-82 *
Grenada 1983 *
South Yemen 1982-84
Suriname 1982-84
Fiji 1987 *
Libya 1980s
Nicaragua 1981-90 *
Panama 1989 *
Bulgaria 1990 *
Albania 1991 *
Iraq 1991
Afghanistan 1980s *
Somalia 1993
Yugoslavia 1999-2000 *
Ecuador 2000 *
Afghanistan 2001 *
Venezuela 2002 *
Iraq 2003 *
Haiti 2004 *
Somalia 2007 to present
Honduras 2009 *
Libya 2011 *
Syria 2012
Ukraine 2014 *
2014 - 2022 - 9 countries yet to verify.
Pakistan 2022 *
Haiti 2022 *
Niger 2023
In addition to your 7-step list, there is also significant R&D investment.
Centuries ago, China was already an advance civilization that explored Africa, but found them backward. And they relaxed while the west advanced. Now they are still not well advanced ahead of the west and are still very lean and hungry and playing catch up at a furious pace. Question is, when they are well ahead again, will they fall into the relax stage again or have learned a lesson that progress never stops and there is always a mountain higher to climb?
there is no stopping this time cause they knew if they stop they will lack behind in the coming space age
China will change the face of Mars like how they changed the face of the deserts in China. The dragon has awoken.
They will institute Pax Sinica. We will learn to refer to "The Former United States of America". The habitable parts OF the USA will be much less than they are now, and might even return to the original 13 colonies more or less. I just hope we're not sore losers!
Being complacent is a genetic code to conserve energy for dealing with hardship. As a country rises in power, the decrease in hardships will make its people complacent. Like every dynasty in China, not a single regime can prosper forever.
China couldn’t figure out in 2000 years what the Greeks figured out in 100 😂 advanced much?
it's called the manufacturing ecosystem...and that exists where the manufacturing base is located.
The US MIC should outsource their production to China. Then they will be able to maximize their profits. Afterall China is no threat to the US. If they do this, even tensions over Taiwan should subside. The US $900 billion defence budget should salivate the "communists" in China if naval, aviation and munitions etc are outsourced to China.
Besides if outsourced to China, there will be no cost overruns and no delays etc. What's not to like?😁
Thanks for brining valuable topics!
One hell of an analysis thank you😮
You deserve a million subscribers
I'm paused at 5:00 minutes and it just occurred to me how familiar this sounds. Germany in the 1920's producing the best products in the world, far outpacing Britain and the US. False flag and we have WW1. Then some 20 years later...
You ignore the reality in China of too many old people and social services being overrun. China may not REPLACE workers in factories with robots first, but it will have to put robots into factories because working age population is falling off a cliff, and more and more of those are currently stuck in health - and soon will be. Robots are a MUST in china.
Man these breakdowns are fantastic. Keep up the good work! Thanks!
think there's also urgency in China because of the aging population... there will be many more older folks than younger ones due to one child policy for so many years and younger generations do not want to have more kids....... Hence there is an urgency to have more automation and robots to replace whatever jobs that robots can do at a lower cost to free up more humans to do jobs that robots cannot do...?
Yup. Also Robots are good at making thing, not so good are caring for the elderly. Alot of chinese workers are now going into geriatrics.
5:39 - Why is China racing to develop robotic industry?
Answer: Because their birth rate is decreasing, though slowly, and it could be expected that they need some mechanism to replace the human power working on some jobs that once could be carried out by human labors. Simply put, they will need robots to fill in the gap that is required of various industries and various lines of work from factories to house cleaning, which can be taken over by robots.
💯 I agree that that is the main driver for this, the many other advantages this will bring with respect to global comerce aren't to be sniffed at either but fixing an internal problem that they've seen coming a mile off is just forward planning.
Oh yeah, That is a "logical conclusion", only a Pornhub-educated american could come up with.
You see, Robots, don't buy goods, unless a human orders them to. They do not use services, tailored for humans. They do not own credit-cards either. so they have no means to keep an economy afloat.
A declining birth rate can easily be remedied by reducing taxes for families on a "per child"-basis. There, DONE. (Russia does that, for example).
If you have a work force that needs to be plugged in every so often, your Infrastructure has to change, and every company needs to manage charging times, and corridors to the plug-in station. It's an additional burden. And while a worker usually doesn't catch fire during his lunch break, a Robot might during that procedure.It's a huge risk, as usually, using equipment degrades it.
Also, if you want to replace a work force of 500 million people, your housing prices will crash, as a robot only needs a a storage room, not an apartment. The people still alive have no job, and can't afford housing.Or food. And only Humans, who most likely could be replaced by a robot would believe that to be a feasible future.
If you are of the State #1, State#2...etc. Excel sheeters, that sounds plausible. But if you accept that not only YOU, but Everybody has a cultural background, and global economy is tailored to be enjoyed by people, not robots, you figure out where these Sci-Fi ideas go wrong big time.
Even the Chinese people want to have more time for personal and family life. So robot taking over jobs is not necessarily due to aging population. Young people can do shorter hours and easier jobs, have time to enjoy a better lifestyle. Their socialist government will ensure they continue to have basic needs, either free or very very cheaply. 👍👍
@@bemmychan1518 , Exactly. Spot on!!!
Any technology however innovative will lose its purpose if the resultant products are unaffordable to the masses. If China high speed rail is incurring huge losses, it is acceptable because it serves the public - the primary job of any government.
China development model is thus different from the West. Above all it has continuity of governance with long term plans n objectives. Once central government adopted a given policy, you can Be assured it will be implemented with what necessary resources s as bd resolutes.
Its like watching news from the future, now.
Humanity isn’t that interested in robots as colleagues
Government support, from funding to being customers for that company, buying its products, makes it difficult to compete against.. Cost of $90k 6 months ago? Unitree robots I believe is today $16k
China’s one party system makes this 7 step strategy workable. America’s biggest problem is that corporations are much more interested in profit and not so much the product. And near term profit is almost always selected over longer term profit and long term competitiveness.
No one is forced to buy them.
That is what we call Free Market
We are Free Range Citizens.
Fee market? Tell me more😅
Another very good and thought- provoking video. Thanks.
Every country should focus on their scope of comparative advantage, like US focus on basketball, Europe on soccer, Chinese on table tennis. Robot is only one of the everything, there are whole bunch of other topics wide open for everybody to develop. US makes money on IPhone AI.... , Netherland ASML makes money on chips making machines. It is kind of bias to say China is going to make all the money on making robot. It may be or may not be a fact but I think not making personal judgment on the video would be better Every country can has a share if it works according to the market and his comparative advantage.
I only recently found you site and I must admit that much of what I have heard, understood and digested for meaningful content has me very worried about the future of my country (USA).
Thanks for your very forward presentations. I hope our government will get its act together sooner than latter.
I am laughing your opinion! Why China build so many robots even their workers have high productivity with lower pay than your worker in states? Strange?
Your opinion will not save US manufacturing, only shows your fear of lost in future!
You should ask,
why your US government don’t do the same same thing as Chinese ?
Why US companies would like take much much higher profit margins than many other companies in developing countries’? For a similar good, you want make $8, $9 profit out $10 , other people just make for $1 or pennies out $10?
Now, you would see many US companies gradually losing their dominance in their field. Apple, Boeing, Caterpillar even Tesla, etc are losing the leading position!
Too greedy!
western companies: make the quarterly report look good so the ceo(s) get bonuses, worry about next quarter... when the next quarter comes.
You believe you are smarter. That’s fine. You basically believe that without greedy US companies moving their jobs to China, China wouldn’t be able to do it by themselves. Just wait until the day China lead in innovation in most if not all areas of advanced technology. That day is not very far.
Rock on China. Smartest kid in the room wins.
Your videos are great and informative. But also make me a bit sad because we have little to no hope in competing with China. They're already outcompeting us in so many areas. To think my country's economy as recently as 2005 was larger than China's economy
This is what the Chinese learnt from reading “the Three Body Problem”, how about you?
It’s not about making money, it’s about ensuring survival of the Chinese culture and civilization, in the “dark forest” reality we are living in. If US and it’s allies have not display their hostility so blatantly, perhaps the Chinese would have been blindsided on only “making money”.
Another very interesting talk! Thank you.
I would say automation enables China to pay higher wages to human workers. That seems a sufficient reason for China to automate production. And also free humans from repetitive work!👌
Tiktok, garlic, and onion are a national security and a threat. But not robots 😂
Don't mention Balloons, or the Airforce gets a hissy fit.
😂😂😂😂
Excellent content
I see robotics playing a huge role in supporting elderly as their bodies and abilities start breaking down
They'll be perfect at servicing those Robots. right?
Informative. Thanks for sharing.
3 main factors that make China competitive and dominant in international trade. Technology and productive efficiency, excellent supply chain management and highly advanced global logistics in infrastructure and delivery services. Thus, from automated production => Supply Chain => Delivery to consumers, the entire process is completely dominated by China. Not to mention a country with one of the top 5 highest IQ in the world.
This is what happens when you trade the economic chaos of capitalism with a centralized and planned economic model that socialism provides
India can have the lower end labor intensive assembling and lower value manufacturing jobs as China is moving full speed towards high end, automated and smart manufacturing that can produce many many times faster and at much cheaper costs with significantly better quality and reliability.
Normally, with the Experience Curve, a company starts producing only limited quantity, because it can't compete on cost, but gradually the per unit cost and thus the price come down. But how were the Chinese able to ride the curve down so fast? Subsidies? (Initially, Japan's producers made only low-tech items, then climbed the ladder to high-tech. And there were subsides as to the latter. Is this what China also did?) Please advise. And thanks for such good stuff!
Very good insights!
Very informative content
Now that we know China's methods of monopolizing business, Europe and the United States naturally have solutions, so we should act quickly.
Incredible video thanks man.
They are also rushing this to solve their aging population problem. Japan succeeded quite well in that as well compared to other countries with declining birth rate.
The major hurdle right now for China is semiconductors. Once they get that, the floodgates will be wide open
They're already there. China has chip production coming on line big time, and they don't need to import chips any more. The cost of chips is going to crater, exacerbated by new fabs in the US and EU.
The only hurdle for China is USA saying "NO" to everything it does. Since "Success makes right", I wonder how long USA will be able to "sell" it's attitude.
Already there.
There is no reason other countries cannot follow this policy to improve their own competitiveness.
For an advanced industry like robotics, you should address the issue of China's scientific establishment, the thousands of research institutions. Those include government laboratories, research institutions inside universities, and others. I would find it hard to believe that the companies are on their own, without support from those research institutions as they improve the sophistication of their technology.
Since China is by far the World's largest shipbuilder, one must wonder just how much investment has been made, and will be made, in this are? China is making amazing progress in all aspects of AI, and machine intelligence - areas that may be of benefit in the "roboticisation" of the classic example of heavy engineering - shipbuilding.
Once they complete this process, just how much faster (and more reproducibly) they can build shipping? Obviously this may well reduce the cost of commercial vessel production significantly, but the military implications are equally stunning, with the (albeit still somewhat distant) prospect of Frigate or Destroyer mechanised "Production lines" churning out exact copies almost as rapidly as the Commercial Vehicle Industry currently produces trucks and buses.
Thanks for the invaluable content. An episode with Peter Zeihan -who lives in a dreamland, would be interesting.
Propagandist i guess
Mr. Walmsley. What is your thought on Yuval Harari's theories on the AI superseding every aspect of human capability?
It has done that already in regards to Yuval Harari's intellectual capabilities.
I think, you are RIGHT !
Why is the Chinese exchange rate still sticky 1:7 for years now? If they sell Yuan priced products, then byers should be competing to get yuans? at some point their capability to extract renewable energy should reduce their need for import.
China owns so many Dollars they can outspend any group of speculators to maintain the peg indefinitely. A good example of this is when the Hong Kong Monetary Authority battled Soros in 1998, spiking rates and injecting liquidity to defend the Hong Kong Dollar peg. Soros lost Billions, and has hated China ever since.
This would be a problem IF YOU HAD ANY WORKERS TO BEGIN WITH!
Yep. And US/EU companies will keep outsourcing to China anyway to maximize profits, also avoiding pesky financial, environmental, health, and labor regulations. Meanwhile, current and future "Western" workers/consumers have become indentured servants for life, enslaved by personal and government tax debts that can never be repaid. Thanks!
China is becoming increasingly regulated, getting much stricter on environmental and labor regulations. A good example is China refusing to accept American trash for recycling, leading to a near collapse of America's recycling system.
Is it good, bad or if not China dominating then other countries will? Is it beneficial for China to dominate so many sectors?
In the meantime, our Longshoremen just went on strike affecting ports from TX to the East Coast. 2 major DEMANDS: NO PORT AUTOMATION, and 70-80 % pay increase in the next few years! Result? Uncompetitive high port operation cost and stay in the Stone Age without automation. We are killing ourselves and the politicians won’t dare doing a course correction bc they want their votes, not what is best for the country! Meanwhile, ports in China have gone 5G with minimal human staffing due to automation. The results? Chinese ports have unmatched operation safety, accuracy, low overhead, and efficiency. Don’t forget, even more automation will be added
Kevin is a good historian who can sum up how industry moves forward around the world for the past decades. China is learning fast from Japan, US, EU and Singapore how to improve Chinese industries from nothing to a standard leveled with the advances industries in other countries. China has done well with a long term planning by the government that is more capitalistic than the US and West even though the backward US politicians still calling China as Communist China. Such US politicians should visit China to see how advanced and capitalistic Chins is now. China has long term plan for every project and they show the US and EU and Japan how it is done. So dont expect China to slow down for you in order for you to catch up. BTW, the Chinese is well known to be a hard working race. Can other races compete?
Love the background view ❤
Spot on.