| > Cool story I am not going to link you benchmarks or revenue numbers. You can find those yourself, if you actually care about being right. > It's funny that you don't see the contradiction. For the record, US manufacturing as a share of global manufacturing has significantly declined over the years. [0][1] Yes, because China is _cheap_ and _dense_ and has a billion newly-minted middle-class members. Do you expect them to import everything from the US and just ignore the vast labor pool within a few metro stops of any given factory? > to support a point about how China (Shenzhen) is apparently an unreplicable manufacturing hub due to 'cluster effect'? The Pearl River Delta, which Shenzen is part of, has almost 90 million people and a world-class transit system. It's across the water from Hong Kong, a global financial center, and is bordered by factory-filled cities on the other side. Yes, that makes it nearly impossible for other places to become Shenzen. Even within China it's special. > If you need to be physically present for a meeting, you make a trip. There is absolutely zero benefit to living in close proximity to investors the rest of the time. Right, because if you're doing business you can get by with a single investor meeting a year, right? There's no downside in time lost, money spent, ease of access, etc.? You think there's no benefit to, say, playing tennis on weekends with your buddy from college who now works at a VC? > You're seriously going to try to argue how US manufacturing (which was the greatest share of global manufacturing by far) didn't decline Why the hell does it matter what percentage of global manufacturing is done in the US? You cannot ask the average American (one of the wealthiest people in the world) to work in a sweatshop making T-shirts. You cannot ask the average American to work for minimum wage tightening screws in iPhones. You can, as it turns out, ask them to work a robotic assembly line to build a car or weld on a jetliner - because you can pay them much more, and because there are enough of them in an area to run a factory. Aggregation benefits are even more important for manufacturing than they are for software. |
You're skipping n = 1 and jumping straight to k. How did modern Shenzen become what it is? Through specific reasons like infrastructure investment, or because it was always a 'manufacturing cluster'? By your logic Shenzen must have been the manufacturing hub of the world since before the dawn of time... since it's 'impossible for any place to become Shenzen'.
> Right, because if you're doing business you can get by with a single investor meeting a year, right?
Because the only way to meet and communicate in 2025 is in person?
> There's no downside in time lost, money spent, ease of access, etc.?
All of these are better remote/digitally in most cases.