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    Kim Scheinberg (kims@mas.to)'s status on Tuesday, 28-Jan-2025 06:30:04 JST Kim Scheinberg Kim Scheinberg

    "Isn't it ironic? A hundred EV companies have bloomed under communism, while capitalism subsidizes one blowhard making four vehicles and one paperweight. A startup has trained an AI for $5.5m under communism, while capitalist AI requires $500b in govt support. Everything capitalists told you about capitalism was just some bullshit to sell you more capitalism. Communism is actually far more innovative than capitalism. They do more with less, and for better purpose."

    https://indi.ca/how-communism-is-obviously-outcompeting-capitalism/

    In conversation about 4 months ago from mas.to permalink

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    1. Domain not in remote thumbnail source whitelist: indi.ca
      How Communism Is Outcompeting Capitalism
      The deeper history behind DeepSeek and Chinese EVs
    • Embed this notice
      nexus II (vasto@mas.to)'s status on Tuesday, 28-Jan-2025 13:23:27 JST nexus II nexus II
      in reply to

      @kims
      Well, that seems to me to be a rather simplistic view. All these innovative companies have not bloomed under "communism", but under a system that allowed for islands of some sort of "rental capitalism" within a collectivist society, while accepting strong social inequalities. Those "capitalist islands" were initially heavily promoted by Western advisors (also in the hope of contributing to the liberalization of the system). 1/2

      In conversation about 4 months ago permalink
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      Bredroll (bredroll@mas.to)'s status on Wednesday, 29-Jan-2025 00:14:06 JST Bredroll Bredroll
      in reply to

      @kims I think this is more down to the degree of corruption and nepotism than either model. The new Chinese AI release is an inevitable next step when you see how they did it, they basically realised they can take the western AIs and use them to make a cheaper to run one. Clever, but still a solution highly motivated by the profits.

      In conversation about 4 months ago permalink

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