Jordan Schneider

countries in the world going to start to put the brakes on stuff.

Yeah.

I mean, that question of like, which societies will hold up better in a time of sort of rapid employment turnover is one that I find fascinating and one that I think is a very open question.

Look, in the 1980s, there was a lot of growth in China.

There was a lot of inflation.

There was also a lot of unemployment.

And that sort of like

mix of things led to the protests in 1989.

And that lesson has been internalized.

And I think one of the sort of other things that happened with the COVID controls is like there was this very ideological decision by Xi to like lock stuff down and this is the right policy.

And at a certain point, you started getting protests and people being frustrated.

And there was enough of economic pain that one day he was just like, all right, fuck it.

Like, let's let him get COVID and we'll figure it out as we go along.

So with any of these sort of big political decisions, there are competing interests.

And it's not like one is going to go away just because you are sort of marginally more inclined to rely on software innovations to power productivity growth.

So I'm talking less about the sort of energy permitting than just like, at what point is a system going to feel like change is coming too fast?

And then this sort of like anesthesiologist lobby, like locks it off from coming into their ecosystem.

The teachers say, no, we don't want AI in our schools.

I mean, that, that sort of thing to me is going to be the more relevant variable of which country is going to gain the most from this and be able to diffuse the technology.

Because if it is so economically relevant and useful, like both countries are capitalist enough.