Samo Burja

I do think that eventually South Korean growth and Taiwanese growth will stop.

they will have to out offshore and outsource.

And when countries accept partnerships like this, for example, if you go build in Indonesia, they want some of the growth to go to Indonesia, of course, the government there or India.

So eventually the growth will stop in Taiwan.

It'll stop even in coastal China.

It'll stop in South Korea.

It'll stop in the Netherlands.

The only place where that's not true is at the one company driving the growth, TSMC, right?

That company has notably higher fertility rates than national average.

And, you know, I think that's kind of interesting.

I think that if we saw that in Silicon Valley, where if top tech executives had notably more kids than the rest of the Bay Area, I think that, you know, that might be a long term positive sign that fertility rebounds.

I think that's true.

At least it's a vote for the future, though.

I know that a lot of tech executives that do have kids like don't get that much attention for them.

Right.

Sam Altman is a father, for example, of one child.

Well, you know, the poll is still open.

So if anyone wants to check it out, they can go to my Twitter account, samaburia on x.com.

I just voted functional institutions.

I think that the era of functional institutions is not over.