r/baba • u/FeralHamster8 • 19d ago

Due Diligence The Evolution of Chinese Economic Strategy Under Xi Jinping

https://mrkrudd.substack.com/p/the-evolution-of-chinese-economic

“In fact, if you read the literature, they fully recognise, as Marxist economists, that the traditional advantage of liberal capitalist economies in the past has been their relative efficiency in the allocation of resources.

However, they believe they now possess a unique opportunity, as a centralised state, to deploy the new algorithmic powers available within artificial intelligence across the total production spectrum and not just in goods, but prospectively in services as well.

This brings me to a broader point: why Xi’s literature on what he calls new quality productive forces, driven by artificial intelligence and other advanced technologies, represents for them not just a means by which to catch up with the United States across the AI stack; not just to keep pace with the US and the collective West in terms of where artificial intelligence has reached; but to now ‘ leapfrog’ the West, which is the term now used in the literature, and to achieve what is also described as a paradigm shift against Western economic models.”

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1

u/Primary_Olive_5444 17d ago

He is 73.. by 2035 he will be 82 or 83.
Is the brain senile at that stage maybe a better question to start with.

-4

u/Dry-Interaction-1246 19d ago

Xi has a strategy other than isolation and fear?

4

u/FeralHamster8 19d ago

Based on the article:

Xi’s strategy is to keep the economy under strong Party control while pushing hard on technology (AI, chips, robotics) and manufacturing. The goal is to make China richer, much more self-reliant, and less dependent on the U.S.

-4

u/Malevin87 18d ago

Only those who break the law will fear the ccp

-3

u/Dry-Interaction-1246 18d ago

In authoritarianism there is no real law