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Former GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturers

Technology
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  • TikTok Is Reportedly Making a U.S. Version of the App

    Technology technology
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    abbiistabbii@lemmy.blahaj.zoneA
    So basically doing what Western Tech companies do in China? Just sounds like a way to isolate American users and control what they see and hear...a bit like what they do in China...huh.
  • 89 Stimmen
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    S
    I suspect people (not billionaires) are realising that they can get by with less. And that the planet needs that too. And that working 40+ hours a week isn’t giving people what they really want either. Tbh, I don't think that's the case. If you look at any of the relevant metrics (CO², energy consumption, plastic waste, ...) they only know one direction globally and that's up. I think the actual issues are Russian invasion of Ukraine and associated sanctions on one of the main energy providers of Europe Trump's "trade wars" which make global supply lines unreliable and costs incalculable (global supply chains love nothing more than uncertainty) Uncertainty in regards to China/Taiwan Boomers retiring in western countries, which for the first time since pretty much ever means that the work force is shrinking instead of growing. Economical growth was mostly driven by population growth for the last half century with per-capita productivity staying very close to inflation. Disrupting changes in key industries like cars and energy. The west has been sleeping on may of these developments (e.g. electric cars, batteries, solar) and now China is curbstomping the rest of the world in regards to market share. High key interest rates (which are applied to reduce high inflation due to some of the reason above) reduce demand on financial investments into companies. The low interest rates of the 2010s and also before lead to more investments into companies. With interest going back up, investments dry up. All these changes mean that companies, countries and people in the west have much less free cash available. There’s also the value of money has never been lower either. That's been the case since every. Inflation has always been a thing and with that the value of money is monotonically decreasing. But that doesn't really matter for the whole argument, since the absolute value of money doesn't matter, only the relative value. To put it differently: If you earn €100 and the thing you want to buy costs €10, that is equivalent to if you earn €1000 and the thing you want to buy costing €100. The value of money dropping is only relevant for savings, and if people are saving too much then the economy slows down and jobs are cut, thus some inflation is positive or even required. What is an actual issue is that wages are not increasing at the same rate as the cost of things, but that's not a "value of the money" issue.
  • How to transform your Neovim to Cursor in minutes - Composio

    Technology technology
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    Niemand hat geantwortet
  • Misogyny and Violent Extremism: Can Big Tech Fix the Glitch?

    Technology technology
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    G
    It is interesting that you are not answering my point... Good work
  • How could AI escape human control?

    Technology technology
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    Z
    Don't mix up country bosses with technology bosses - even if they have the same brain damages.
  • Firefox is dead to me – and I'm not the only one who is fed up

    Technology technology
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    F
    Never had issue with Firefox in my day to day use, sites load fine, uBlock stops all the annoyances and thankfully youtube works well for me.
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    F
    HE is amazing. their BGP looking glass tool is also one of my favorite troubleshooting tools for backbone issues. 10/10 ISP
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    T
    Wow, that's really concerning! It's crazy how these breaches can lead to such massive losses. If anyone's dealing with crypto fraud, I’ve heard Segev LLP is a solid firm that helps people and companies navigate these situations. Stay safe, everyone!