Comments by "Louis Giokas" (@louisgiokas2206) on "Innovation Has Limitations (We're About to Find Them) || Peter Zeihan" video.

  1. Very interesting list and probably pretty accurate. I have seen and participated in some of these from a technical standpoint. It is always the case that more technologically and industrially advanced countries will prevail. From the time the Europeans mastered long distance sea travel and military technology in the 15th century they, and their offshoots, have dominated. Countries like China are not in that camp, and their system ensures it will not become part of that group. This is also true of the global south. The only wildcard I see in this is India, but they have their own issues. On the AI and computing front, one has to look at the history of computing and its effects on society and economy. The very first areas affected by commercial computing were banking and insurance. Millions of back-office jobs were lost. Was there massive unemployment? No! That is because computing changes the dynamic of the economy. AI will be the same thing. It, like big data and quantum computing is just technology tools that will be applied to business as have all the other technologies. A good way to think about it is to look at the recent phenomenon of big data on which AI depends. When this became a thing (I was consulting and teaching the technology) there was all this talk about companies having to have a C suite position to deal with big data. Two pure play companies burst on the scene and attracted a lot of venture capital. I haven't heard about them for a while. On the other hand, big data is ubiquitous. AI is the same thing. Quite frankly there is a lot of the base technology that is open source. Even the hardware is not that specialized. It is basically a concept that was developed decades ago for image processing and then became big though video gaming. There are some new twists to the architectures, but these are not the neuronal chips once thought to be the way to go. As such there is a massive incentive to invest in this area considering how well the leader in the technology, Nvidia, is doing. There will be lots of competition and that will bring costs down. Again, the China situation is instructive. Frankly all their "technology" companies have developed through IP theft. They are not, and will never be, the drivers of technology.
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