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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (2793)	12/22/2005 3:23:17 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 217828

TJ, why should I worry? Wealthy Chinese and Indians is a good thing from my point of view. That will mean another 2 billion cyberphone customers. For a start, it's not college grads working on assembly lines which gives the great improvements. College has nothing to do with it. It's having smart, energetic, creative, willing people doing anything. Those people often end up as college grads, but they improve production lines irrespective of wasting time at college. Having done my time on all sorts of production lines and manual processes, I know from long experience that invariably, whatever the process, I could, with trivial changes, increase production by a factor of 4. It was nothing to do with solving 3rd order partial differential equations or applied management theory from business college. Credentialism will continue to cripple the world. Maybe China will avoid the financial entropy involved as they cut to the chase. What will happen though is that college grads will do like I did, they'll move on from production lines to higher value applications. Machines and lower value people will take over the production lines. Toyota's robots do an excellent job while Japanese go shopping for expensive baubles and cyberphones. They are buying heaps of cyberphones, I am pleased to report. If only China could be more like Japan. I can't wait! Why should I be worried? <if you are not worried, then you do not understand what is going on.> What is going on that is worrying for me? You haven't mentioned anything in the last 5 years - I am well aware of the possibility of cascading financial implosion and my concern long predated your advent. I'm not worrying about that as I don't think it's going to happen, though I still want to see interest rates go up and test irrational exuberance in house prices and confirm financial relativity theory in reality. <you sound as if invoking mexican president fox's battle cry to defeat china-based manufacturing based on innovation :0)> President Fox's latest strategy is to have the population invade the USA, which is why Mexico is ranting about the Great Wall of America. China built a similar wall to keep out the swarming hordes of Mongolia. Or maybe it was to keep the serfs in, like the Berlin wall. Or perhaps it was just a great big make-work project for youth who otherwise would have got up to trouble in the nightclubs of Beijing. I was explaining why China wouldn't get ahead of the USA, let alone Cyberspace, rather than how the USA could stay ahead. Yesterday I bought a bunch of stuff with a few Happy Meal interest payments and dividends. Prices are getting cheaper. Should I should worry that your client has a factory at which they will produce something in 5 steps instead of 7 steps. I would like them to try for a single step. The workers getting paid 10 times as much for single step processes will be able to buy cyberphones galore. They'll go for the $1000 version, not the $100 version. Great! <you clearly do not understand what is happening at the front lines of the battle. > What don't I understand? Is it a secret? <i am figuring commercialization / colonization of space ... the final frontier.> Why on Earth would anyone want to live in space? Other than to avoid a red giant or thermonuclear solar explosion, which is not supposed to happen anytime soon. Compare your beach resort with the moonscape, or inside of a space station, and tell me why somebody would rather be up than down. Don't think big. Think small. Japan is ahead of us again! Small is where it's at. Cyberspacoid small! The USA is still on the Brobdinagian trip, while the Lilliputians gain ground. Gulliver's travels review here: mural.uv.es <you sound worried, and rightly so, because there are 2.6 bil folks willing and many able to do what you did, only better > Why is it a problem for me if people do things better than I did and do? Instead of doing a bad job of what I do, I can do a good job of something more closely matching my talents, such as serving them tea. If they are so good, the pay rate for serving tea will be excellent. It is better to be a tea server in Japan than nearly all jobs in Zimbabwe. I would rather be surrounded by people more capable than I am. That's why I give my money to people like Dr Irwin Jacobs to use to produce cyberphones. Imagine me trying to do it. I did make a phone once, as a 14 year old, but it involved 19th century technology, not 21st. Let's hope China is as good as you say. I don't think so. Repression is bad. Confiscation too. Bureaucracy as well. So far, it's a yawn in China. They've built a lot of buildings, copied a lot of good stuff and worked for not much pay. Serfs escaping the worst of their repression is good. There's a lot more to go. Mqurice