Path: ...!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!eternal-september.org!.POSTED!not-for-mail From: Rich Newsgroups: comp.os.linux.misc Subject: Re: "DeepSeek" - China AI App Shakes Up Tech Markets Date: Thu, 30 Jan 2025 17:39:27 -0000 (UTC) Organization: A noiseless patient Spider Lines: 27 Message-ID: References: <20250128081639.00004242@gmail.com> Injection-Date: Thu, 30 Jan 2025 18:39:28 +0100 (CET) Injection-Info: dont-email.me; posting-host="5a392c797157f57498841fa2a18622cf"; logging-data="3201409"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX19Jndp4h2a+JwaTIhl/lfLx" User-Agent: tin/2.6.1-20211226 ("Convalmore") (Linux/5.15.139 (x86_64)) Cancel-Lock: sha1:K+SRtDvonWbr9l0YwH481YBLb7I= Bytes: 2400 The Natural Philosopher wrote: > 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. Given that 90+% of "the economy" is built upon how individual members of that economy emotionally feel things "are" at the given moment in time, this point *should* be readily apparent to everyone. Of course, if one begins without the understanding that 90+% of "the economy" is based in "emotions" then maybe it is easier to believe that the economist's 'predictions' might have some merit.