Good luck to all thirdy countries. You will never escape the middle income trap...

Good luck to all thirdy countries. You will never escape the middle income trap. Manufacturing is increasingly becoming automated, soon(10-20 years) it will be cheaper to set up an automated factory to produce cheap plastic products then literal slaves. Not to mention various countries onshoring their manufacturing due to supply lines issues and geopolitical risks, which they can do without labor costs crippling their companies due to automation. So as bad as sweatshops are, you can't even rely on them to jump-start the economy anymore.

Even services will get fucked. A.I can increasingly do low level code monkey jobs like data entry and some basic coding. Why would anyone want to off shore their IT service when they can get a A.I to do 80% of the work? If you're not already a highly educated country with great infrastructure, you will be locked out of the global economy and basically just exist for globalhomo tech companies to sell products that lock you forever to their monopoly tech ecosystem and to sell raw materials to overseas factories.

All of the geniuses and PHD holders will be brain drained away to one of the more developed countries. Any successful startups with innovation products/services will be bought by one the big tech giants. Not to mention that all of the low hanging fruit is already picked, good luck developing 1nm microchips, nuclear fusion, jet engines, quantum computers etc without trillions in R&D, tens of thousands of PHDs and decades of industrialized knowledge.

Not to mention issues like climate change will increasingly fuck over poor nations, or an increasingly hostile world that will force countries to spend more on defense rather then improving their country. I think China will be the last nation to truly escape the middle income trap and transition into a high end manufacturing, innovation and services economy. India and vietnam are also promising candidates, but not nearly as likely as China.

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Soon

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imagine being so mayobrained that you think huge continents teeming with people are just going to sit around and do nothing when their manual labor becomes worthless.

when this happens it's just the end of globohomo, that's all

>mayobrained
nigga you are BROWN

Just like you

It's basically Africa today and India/China a century ago. They couldn't do shit then and they can't do shit about now. A fully automated economy and military is a scary thing. What are they going to do? Build 6th gen fighter jets with rocks and sticks?

A fully automated economy would implode in upon itself unless it was communist (not going to happen lol.)

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production machines that low-middle skilled wagies work vs computer AI are two different things

Where was this vid taken?

>rapebaby
didn't read the rest

only a white freak could think this linearly and unifactorially.
>they couldn't do shit then
if you were alive back then, you'd be saying that the colonies are going to remain colonies forever.

the 1st world will implode (already is imploding) in on itself due to the elites hogging up all the resources (causing the natives to have low birthrates). The natural response to this is allowing immigration. Either it turns communist or fascist or whatever take your pick, but

>Not to mention issues like climate change will increasingly fuck over poor nations
and rich nations. Europe is going to have its own INTERNAL refugee crisis to deal with (don't even get started on the actual migrants from the MENA region)

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>the 1st world will implode (already is imploding) in on itself due to the elites hogging up all the resources (causing the natives to have low birthrates). The natural response to this is allowing immigration. Either it turns communist or fascist or whatever take your pick, but

posted before I finished this sentence.

either it turns communist or fascist, but the idea that everyone in the 1st world is some engineer computer developer is pure fantasy. Unemployed goalless masses are going to be almost as much a problem in the 1st world as in the 3rd world.

>Europe is going to have its own INTERNAL refugee crisis to deal with (don't even get started on the actual migrants from the MENA region)
In b4 >muh walls
also before any of you retards say something like
>muh autonomous submarines/ships to kill refugee boats
remember that having such machinery would be a massive liability that could permanently disable international shipping if it went rogue

Go back to edmw

Boston

Capitalism will never work. Everything will implode one day.

white freaks are so linear. They legitimately can't think of second-order effects. Not only can they not think of them, they can't even vaguely imagine that they exist.

Stop being BROWN

I am Casrizo :)

>any moment now bro! just two more weeks!

Thats with everything, nothing last forever.

Why do you think that Bernie/AOC is gaining popularity in America? It's not like automation is going pop out of the ground, it's seeping in over the next decade, plenty of time to adjust policy. China is going full in on tax reform and "common posterity" to spread the wealth. And the EU already has a robust welfare state.
The EU won't have a very good time I agree. But they're not nearly as poised to reap the benefits of automation. Their tech industry sucks, they're not investing nearly as much in robots/A.I and they are not as united

>>muh autonomous submarines/ships to kill refugee boats
>remember that having such machinery would be a massive liability that could permanently disable international shipping if it went rogue
Can't we just regular ships or remote controlled drones?