DeepSeek just proved Lina Khan right

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'Investment' is a nice way to put it. A more apt description would be that the developing world invested in the West's industrialization (or the West stole it, whatever floats your boat) and the Western world chose to give essentially nothing back to its investors, directly contradicting the new capitalist world it had created.

Which is why many in the developing world feel that China's rise to prominence is the West's chickens coming home to roost.

A Kenyan official once said: 'When China visits we get a hospital. When Britain visits we get a lecture'

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Again, I won't argue that colonial wealth didn't contribute to the rise of Western Europe, but it was Europeans who invented the steam engine, developed thermodynamics as a science and put half a continent's worth of resources and intellect into the industrial revolution. Colonialism is only a contributing factor that came after the start of the industrial revolution. Hell, France for example barely had any colonies during the early industrial revolution and that didn't at all impede its industrialization or rise to power. If you look at, say, Ottoman history you'll see that the thing European countries had and the Ottomans didn't wasn't wealth but rather ideas.

Which is why many in the developing world feel that China's rise to prominence is the West's chickens coming home to roost.

As someone from the developing world (specifically the Middle East), we are salty about colonialism, but many of us also recognize that if we don't learn from the history of colonialism and what allowed Europe to conquer half the world (including us) we'll always be on the bottom rung of the world. There's a lot more to learn from the rise of Europe than "fuck colonialism".

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You can always get into 3d printing.

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We didn't deserve her, but I am honored and grateful to have had her working for my interests. What she was or wasn't able to accomplish wasn't for lack of trying.

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Colonialism is essentially theft with a pretty red ribbon on top to make it look good so we can all unequivocally say fuck colonialism.

But my point is beyond that. It's that the progress that's been achieved through those ideas you're celebrating was predicated on that very theft and the suffering of people on developing countries. In a sense those in developing countries have an ownership stake in Western industrialization and China is the first previously developing nation that's coming to take back what is in part theirs. They won't be the last to do so.

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AI is the new blockchain

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Fancy way of saying "gambling"

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And Electrum still crashes under FreeBSD when trying to send BTC, and I don't see many more FOSS thin wallets for BTC, despite it being the cryptocurrency. And using 15GB for a wallet is out of question.

If it works the same way with "AI", we might eventually see this wave of bullshit recede.

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I like this observation, because the kind of information imbalance normal for today wasn't for late XIX and early XX centuries, where our common ideas of economics originate, Marxist and Austrian and what not.

It's not that the weak could say more about the strong in the press, it's the speed with which information traveled, and also that the strong had more trouble coordinating their actions.

Why did I type this bullshit anyway, as if it changes something.

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Big mood.

Do people still say big mood?

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I'm not a native speaker and autistic in addition to that, but Google says yes.

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100% right

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agreed, we are making the same point. Very little in the world of investment seems to be based on actual value anymore

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we might eventually see this wave of bullshit recede.

Can't wait

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DeepSeek just proved Lina Khan right