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by kodz4
2534 days ago
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You make it sound as if the Chinese are more imaginative than Americans. That's not the case. They just have more people. If I am sitting in NYC and need 10 programmers overnight for a boring IT project... no problem. But if I am sitting anywhere else in the US it's going to take more time. Not the case in China. Or India. The quantum of activity is directly proportional to how much labor you have access too especially in "unsexy" IT work. And kids in the US rightly focus on the sexy stuff because when you compare just Apple to the entire Indian IT sector revenues are 3x more. Why would you want to go work on laundromat or construction company APIs when you have a shot at getting into Apple or Google. |
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The US spends about that length of time discussing on whether or not to build a new tower in a historic neighborhood.
I don't know why this is the case, but I think it has something to do with a rapidly growing economy versus an already grown economy. If someone could explain to me why that's the case, I'm all ears.
My off-the-cuff guess: if a country is growing, the easiest way to make money is hop into a growing industry and building as fast as you can. If a country is grown, the easiest way to make money is to siphon it from somewhere else. So in developed economies you have stagnation and inefficiency because the elites are more interested in redistributing the wealth (to them), instead of creating new wealth.