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1. rchaud+(OP)[view] [source] 2025-01-22 16:55:24
How? the problem is the same: a need for rapid industrial development to grow the economy. The solutions are the same: government picks winners, which is how an upstart like OpenAI can be paired with a dinosaur like Oracle. The latter's CEO of course being a long time friend of Trump.
replies(1): >>JumpCr+37
2. JumpCr+37[view] [source] 2025-01-22 17:29:40
>>rchaud+(OP)
> the problem is the same: a need for rapid industrial development to grow the economy

This is first-mover industrial development being funded by private actors looking out for a return on their investments. South America saw nothing similar--it was duplicating others' industrialisation with state capital (often borrowed from overseas) while spending massively on handouts.

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