11월, 2016의 게시물 표시

Trump and North East Asia

 As it seems clear that Trump would be Mr. President, i want to organize my thoughts here.  For the reason why Trump won, it is just simple; people need witches to blame, not the cause. Of course there are many other talks about political correctness regarding Hispanic crime rates or reverse discrimination from Muslim. But the most important factor embedded would be if they could retain their job till they get old enough. You know, there is no social safety net like public health insurance in US. Normal people in america want to believe foreign workers slashed their job opportunities and rich guys are manipulating that phenomenon. All the talks about walls, evil Hillary's lies, FTAs, Isolationalism stem from that thought about their job. In part, it is true. But the main cause is not a person. It is a wave of industrial revolution in the course of profit maximization that requires lowest labor cost. It is ironic that american dream is the cause of profit maximization that lead to

Future of Corporate America

 One of the reason why i came to north America is based on the belief that America would face goldilocks in next decades. Specifically, i came here to start a business, to share the prosperity with America.  Of course, economists say China is on the way and US is falling down with enormous federal debt, inequality, sluggish labor productivity and so on. But, it's just their job to worry. The thing is US is still the most capitalistic country in terms of love of money. As Max Weber said 100 years ago, US is still composed of sheer lust for profit. Backed by efficient financial system, most of the money is on its place for next innovation. Companies like Google and Facebook are devouring innovation via M&A and R&D. Most of all, AI supremacy is heavily dominated by US.  But what i want to talk about is not what they do, it's about where they are in the light of human history. Since 2 years ago, i felt there are fundamental transition ongoing with computational revolution