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Joined 3 years ago
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Cake day: June 11th, 2023

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  • I think in terms of workers rights, China is rapidly coming up to the West in the 50s. There’s a massive growth in middle class as well as white collar jobs, especially in tech and engineering.

    This has put pressure on society as a whole for much higher standards of living, and thus better wages and better rights. They are no longer the cheap ass labor country, that’s being exported to Africa and such.

    Although the 996 culture is still insane, but I think that partly comes from the extreme competitive environment in the tech sector. There were similar stories years ago in the video game industry, and that probably hasn’t changed much.












  • Nvidia definitely isn’t Enron. It’s all of Nvidia’s customers that are mini-Enrons.

    Enron crashed because they were cooking their books and faking income, declaring potential profit where none existed.

    That’s not Nvidia. Nvidia is selling actual product as fast as they can make it at whatever price they want to charge.

    Nvidia’s customers, on the other hand, are the ones who have to justify buying billions of dollars of product from Nvidia and explaining how they plan to make a profit from that.