Path: ...!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!eternal-september.org!.POSTED!not-for-mail
From: The Natural Philosopher <tnp@invalid.invalid>
Newsgroups: comp.os.linux.misc
Subject: Re: "DeepSeek" - China AI App Shakes Up Tech Markets
Date: Thu, 30 Jan 2025 09:17:03 +0000
Organization: A little, after lunch
Lines: 47
Message-ID: <vnfg2f$2s8gn$7@dont-email.me>
References: <J76dnTdt1JXxJQr6nZ2dnZfqnPudnZ2d@earthlink.com>
 <f8e79f2a-aaf3-b344-96a2-5c4f78ec640d@example.net>
 <gJ-dnad9IpMtiAX6nZ2dnZfqnPudnZ2d@earthlink.com>
 <a62cf7d9-3a49-28fa-3001-61c5f5fd8c53@example.net>
 <20250128081639.00004242@gmail.com>
 <e80513c4-13fe-d069-1ea4-8cb649bb473c@example.net>
 <lvt0hqF3dt1U2@mid.individual.net>
 <d1546fb8-0581-5e59-e4db-f5725d14e6ca@example.net>
MIME-Version: 1.0
Content-Type: text/plain; charset=UTF-8; format=flowed
Content-Transfer-Encoding: 8bit
Injection-Date: Thu, 30 Jan 2025 10:17:04 +0100 (CET)
Injection-Info: dont-email.me; posting-host="badafcb688ceae3163f4072549b31f8e";
	logging-data="3023383"; mail-complaints-to="abuse@eternal-september.org";	posting-account="U2FsdGVkX19LbUDcwI8EhOwEVd+b+MjbzYDLnrGe+qQ="
User-Agent: Mozilla Thunderbird
Cancel-Lock: sha1:GzzVTP0qRFmp4Z/sYZc4m+ut8qQ=
In-Reply-To: <d1546fb8-0581-5e59-e4db-f5725d14e6ca@example.net>
Content-Language: en-GB
Bytes: 3075

On 29/01/2025 14:18, D wrote:

> "At my age, going back means giving red envelopes to the younger 
> generation, and I simply don't have the money to do that," he told the 
> Financial Times.
> How the economy in China and Sweden fared China Sweden
> GDP growth 5.0% 0.6%
> Inflation 0.2% 2.8%
> Unemployment 5.1% 8.4%
> Public debt/GDP 84% 34%
> Note: Swedish figures are Nordea's latest forecast. China's figures are 
> a combination of outcome and forecast
> Source: Nordea, IMF
> 

The problem is the rise of fairly dictatorial governments everywhere who 
think that:-

- economists actually understand and can accurately model, economies.
- economic policy from a centralised authority can make *wealth* appear 
by magic.

Any fool can create *jobs* by taxing wealth producers and redistributing 
  it via make-work public sector jobs.

But to create *wealth* requires that people can make a living out of 
adding value and selling the product.

But over  regulation strangles this. I would never start a company in 
this country or the UK again, now. One smile at a female employee would 
be 'micro aggression' and if a male employee turned up in a frock I 
wouldn't be able to sack him for being stupid.

It's all big corporates who can afford the overhead of managing this 
nonsense. Startups cant afford to.

I think people know this and that is why more conservative political 
forces are gaining ground.

Postmodern Marxism has jumped the shark.
-- 
“Ideas are inherently conservative. They yield not to the attack of 
other ideas but to the massive onslaught of circumstance"

    -  John K Galbraith