Dr. Jin and prof. Rogoff disagree on whether china can close the technological gap to the US. Dr. Jin says the American sanctions will accelerate it, while prof. Rogoff is of the opinion (as most westners are) that the US has the advantage of the system inducive of innovations. I think they're not talking about the same innovations. Dr. Jin is mostly talking about catching up, when the goal is clear, e.g. 5nm, 3nm; while prof. Rogoff is talking about inventions mostly out of the thin air. So they're both right, but Dr. Jin is more right for the current phase of china's development.
Wealth redistribution is not working and the gap between rich and poor is widening. This is like a programming error caused by an imbalance in the capitalist financial system and fiscal policy. If the thick middle class falls into poverty, consumption will decrease, savings will increase, and the economy will worsen. As long as individual policy management continues, it will be impossible to optimize a complex economy. I think the only way to improve is to share open evaluation standards that incorporate AI-based system error correction into monetary and fiscal policy.
Dr. Jin and prof. Rogoff disagree on whether china can close the technological gap to the US. Dr. Jin says the American sanctions will accelerate it, while prof. Rogoff is of the opinion (as most westners are) that the US has the advantage of the system inducive of innovations. I think they're not talking about the same innovations. Dr. Jin is mostly talking about catching up, when the goal is clear, e.g. 5nm, 3nm; while prof. Rogoff is talking about inventions mostly out of the thin air. So they're both right, but Dr. Jin is more right for the current phase of china's development.
Great Discussions! need to accelerate green, resilient, and inclusive global growth
A meeting of enlightened and brilliant minds. This is how the world should compete - civilised.
NONSENCE
Wealth redistribution is not working and the gap between rich and poor is widening.
This is like a programming error caused by an imbalance in the capitalist financial system and fiscal policy.
If the thick middle class falls into poverty, consumption will decrease, savings will increase, and the economy will worsen.
As long as individual policy management continues, it will be impossible to optimize a complex economy.
I think the only way to improve is to share open evaluation standards that incorporate AI-based system error correction into monetary and fiscal policy.
46:05 tell how Taxes can fight Climatechanges?!
EVIL