Not really many. Only Ukraine, Belarus, Russia and Bulgaria and Moldova, Serbia, Montenegro, North Macedonia.

@@galoise5364 But China still grows at 6% per year. In 4-5 years, it will be more than majority of European countires.

​@@galoise5364 Bosnia & Herzhegovina, Albania, Kosovo, Turkey.

​@@galoise5364 There are hundreds of cities in China with a per capita income of over 20000 US dollars, and cities with high coastal living standards are equivalent to those in Western Europe. These cities have a population of nearly 500 million, which is equivalent to the population of the European Union. Another 800 million people are between 8000 and 20000 US dollars, and there are also tens of millions of poor people with incomes between 5000 and 8000 US dollars. They are both developed and developing countries, and their overall living standards are equivalent to those of Eastern or Southern Europe, For those living standards around 20000 US dollars, within a maximum of 5 years, China's per capita income will reach around 20000 US dollars. By then, China will generate a middle class of over 700 million, equivalent to half of their country's population. Because I have lived in China and am more aware than the so-called Western media, their rural car penetration rate is also between 60% -70%, and the Western media will show you the lowest level areas, Actually, if you have been to China, you will understand how serious Western counterfeiting is

​@@galoise5364 You can go and see those countries with per capita living standards that are similar to China, where the car penetration rate is nearly 70%. They live in more apartments, but it does not mean their quality of life is poor. Many countries in the world are far inferior to them. Their neighboring country, South Korea, is nearly three times higher than China, but the same thing is more than three times more expensive. In China, South Koreans are as high as one million or more, accounting for one third of their domestic population, Concentrated in Beijing and eastern coastal cities, Shanghai has as many as 300000 Japanese people

India can’t even properly house, feed, educate and employ the population it has now let alone the hundreds of millions more that it is projected to house in the next few decades. Indian people en mass are moving aboard looking for jobs and a better life, from the poor laborers in the Gulf Countries to IT workers and doctors moving to the West. There’s a no way a country will develop and prosper when it’s human capital, both professional and labor, keeps fleeing. It’s great for the West because it gets hundreds of thousands of highly educated tax payers and their families every year but the brain drain will ensure that India never truly reach its potential of development.

quite true. I am Chinese and I confirm.

Perhaps you also know that now "dark workshops" are becoming common in China manifacture, where there is no need for lights because they are robotic assembly lines.

India gets more employement in service sector .. providing services . Unlikke china

Export them

Chinese labour gets 3X the pay of South Asian labour

It still has it, but high tech innovation is thriving as well

true, China is actually more expensive than Southeast Asia. Even Southeast Asia is becoming more expensive. I think only Africa and South Asia that still has dirt cheap labors.

This is all because China is classified as a "developing country" It is true to some extent though. If you visit the Eastcoast of China, you will see the advanced, bustling and full of smart people. But if you visit the West of China like Xinjiang, Tibet. You will see why China is still a developing country. However, China is focusing on developing the West, so 10 years from now i believe things will dramatically change.

Most people are not used to the fast pace that China is developing and changing.

And the western media NEVER appreciate that, instead, they complain Chinese trade surplus issue (eg. the USA), and countries like Australia so get used to riding on the back of China's economic rise, and they even consider it is their right to do so, and thinking they have the luxury to sit on their trade incomes questioning China dare to be different with their politics, value, and way of thinking.

now the US is trying to 'decouple' from china and feeling the consequences of losing access to chinese products.

And now India, Bangladesh, Indonesia and Mexico would replace China.

😅😅😅😅😅 true that

So then you'd have a robot that could say "You're fired!"

Lol what? That is terrible dude

Some positions such as accountants would be obsolete soon with A.I and machine learning. We have already softwares that handle individual taxes.

Likely not a future we want as that would mean Ai would replace the highest skilled humans. At which point why keep us around? Unlike others I prefer the preservation of our species thank you.

Without China We the people around the world have to pay 1000 times to Americans to maintain their high standard of living. Thanks China !!!

Some do not all

It is force labor indeed. they forced robots to work 24x7, with no pay.😂😂😂

China is good at facial recognition but do we know if China is good at robotics AI?

@@slomo4672 Same thing.

An the AI says Putin is the wrong horse to back !

Chinese AI my erse😂

@@slomo4672 America and EU have too many regulations on A.I and ethical codes, this prevent progress in certain scientific fields. China just lets their companies and government agencies run wide without a break. The amount of data they collected everyday, the amount of unethical researches like human DNA modification, biological weapons like Covid-19.... I wouldn't be surprised if China will invent the real Skynet by 2030

😂

It is another way of forced labor.

Reporters are typically ignorant of such things.

Don't worry, as long as the market has demand, it will push capital to do it, and capital will not miss any opportunity to make money.

Americans are just pissed that China beating them in factory automation.

Because they do things suspiciously, and they're not transparent, it's shady work. Look at the uyghurs, being torture

That's the narrative what US is pushing out the world!

Shut up. The americans need to feel they are superior

チン毛

those mecha-communists man.

@chris craven you should worry about your country and china have UBI than the west.

这是大势所趋，与其让别人做，还不如我们自己做

Real estate may be down but the economy is still robust from other sector eg the EV sector, Lithium batteries, pharmaceutical, aircrafts,rare earth, electronic, financial services eg Tender replacing Swift system. The GDP is still 5.4% compare to 0.5-2%in Europe because they don't rely only on one or two industry and their own domestic market is 4x the population USA

truth! the US will always be stocked with fresh recruits!

Robots do not produce value. It creates a falling rate or profit and overproduction, The source of all capitalist crisis. The Chinese leadership understands this and realises that it must eventually begin the process of reorganising labor in order to avert the crisis of all the other post industrial economies (i.e. Socialism)

Millions of people with different beliefs and ethnic. Half of them are probably scheming to overthrow the establishments.

@@1MinuteFlipDoc and soon the usa of 2030s will be very differennnnt from usa of 1950s

I thought it's because the US can find another country with cheap labor to provide cheap product, atm, India. Unfortunately it didn't catch up with the manufacturing capacity the US requires...

In fact, I think I saw a KUKA robot in the video. One of the best industrial robot companies in the world and highly trusted by Chinese customers.

@@tonglu3699 Of course it will be ,It's owned by a Chinese company called Midea group.

He mentioned, pay attention

@@ASK-ko9qx Ah, I heard Midea acquired majority ownership in a robot company but didn't know it's KUKA. I suspect the trust and goodwill came first, which then led to the acquisition, not the other way around. When the main choice is between Japanese or German, Chinese people always choose German.

that title may not be held for much longer china increased its robot/worker density by more than 20% from 2020 to 2021. It may already be neck and neck with Germany and Japan

You are talking horseshit.

And when they couldn't get a free labour they jailed people in concentration camp.

And yet, they are still wealthier than you. Shouldn't that make you sad?

Yep, they sounded too perfect lol.

They're manufacturing our stuff for us; that doesn't make them more industrialized, it just means they get all the pollution.

@William Sullivan Yup American are working in sweatshops, good old model.

@William Sullivan , Where is the "here" you are referring to? Detroit?

@William Sullivan Ty for your contribution to our comments section

The guest contradicts this at 4:29

happens in almost all automated factories, need at least a few humans to manage things. But that's changing as well. Eventually no people will be around

@@cassinitakano5736 past tense

@@cassinitakano5736 "eventually no people will around" You mean factory or the whole Earth when Skynet takes over?

@@Commievn eventually robotics will so advanced that no humans will be needed at any factories. Simple

Naive Americans has decline too, the population pop up by illegal migrant.

@@kongwee1978 Yeah that's why america will prosper and china will fall. China is a xenophobic racist society that accepts close to 0 immigrants. The usa accepts millions every year

China is investing heavily into automation, AI, robotic, and anti aging bio tech. In 30 years, they want to replacing much human manual labor as possible. Anti aging tech to reverse aging population problem. Trillion invested into these tech.

@@100c0c They succeed in automation and move up the value chain. Become one of the wealthiest countries in Asia.

NO worry ... They'll have COVID in every few years to control the population. Old slaves are no use for the murderers in Beijing.

i dont think

We have the best army in the would in the us and the biggest economy and we have human right well you have have limited rights and don’t have free will and are communists

Lol yet no one is rushing to move to China. I wonder why

Also what bull sh$t has china been telling its people

You are commenting all over the place get out of here you Chinese bot.

Do you know how powerful China's photovoltaic technology is? Do you know that China is the leader in clean energy? e.g. electric car

Your energy cost and business cost is much more higher in US compared to china. Not to mention the berauecracy, etc etc. Businessman like steve jobs, elon musk love less regulation and of course huge market like china 😁😁😁

Based on my experience with other complex technologies, a ratio of one human babysitter for 200 robots is very possible.

@@jimpad5608 thanks for correcting my simulation assumption, error-ed due to insufficient data.

That requires political will and things like a national industrial policy that forces companies to do what is best for society instead of shareholders. "Free Enterprise" is sacred in the USA even if it destroys the country.

False - robots are very reliable so a few humans can easily babysit hundreds of robots.

Human beings should never work at all. They should be at the beach and chill. Let them ROBOTS do all the work.

.

China isn't lacking people. They still haven't utilized all the people living in rural areas. If China needs more people, they have artificial wombs that can grow babies. So, they will be completely fine.

No, that's not really the issue. China has a lot of young people. Intact, majority of young people in china are unemployed. So if Chinese companies needed young people so much, unemployment rate in young people wouldn't be so high. The reason china is investing heavily in this , is (I agree) to maintain their status as a global manufacturing country, but also, to escape the middle income trap. China wants to still be able to reproduce advanced tech, and products at a very cheap price compared to other countries, because this is important for china. It's very critical

@@jukio02 this way is cheaper. the question is what this workforce is gonna do.

@@jukio02 Is it that simple?

Communism, working for fun

Simple "humans need not apply." Wealth will have to redistributed from the wealthy to the 99%.

Either enslavement by the people who have the means of production leading to revolution and collapse or post scarcity future where people have their needs and possibly wants fulfilled and only work for passion or fun.

I have predicted this many years ago, and no-one believed me then. (And some still don't) The thing is, ANYTHING we can do, robots + AI will be able to do it better. *ALL* jobs will be replaceable by robots. There will be NO exceptions. That future is coming regardless of whether we like it or not. ( PS. But I had also predicted many years ago that eventually humans and robots will merge. Perhaps to the point that only the brain is left that is more human than robot. But even then, we will most likely *STILL* be replaced by full robots eventually.)

And what is wrong with that? people can do skilled work instead and the saving from automation can be distributed for welfare purposes.

Better than emotional, selfish humans

Ai can't do every job

Even half population of Chinese Is equal to 700 million 😅😅 Clearly they are going to be a 2nd most populated country for upcoming 100 years

not anymore.

Detroit was deindustrialise.

🤣😂 USA such a clown

This well end bad. We will be without purpose

99% people are not unskilled in India.....stop believing in chinese propaganda

I heard Putin was going to bomb Lithuania with nuclear weapons. Is it real?

China is too big now , doesn't necessarily need foreign companies, as they have their own companies. Apple , etc leaving will not affect china , as china have multiple smartphones brands manufacturing in china and elsewhere. China needed these companies back when it was still developing, like any other countries. Now they really do not

@@MitchellC03 lol That's called wishful thinking You don't even make any sense. Companies leaving china doesn't mean the US stops trading with china. Companies are only leaving china as it's seen as a hostile environment for business, also, cheap labor is gone. They will only stop "manufacturing" their products in china. But they will still sell most of their products to china. And the US will still be trading with china. China will still be manufacturing, and trading with the US. China will now be manufacturing their own products, instead of foreign products. And this in itself is a good thing for their economy. It's true if China and the US stopped trading, China's economy would collapse. Because they are both mutually dependent on each other, but China is not dependent on US companies. It doesn't need American companies as it has it's own companies all over the country.

Thanks to the skyrocketing energy cost, high inflation elsewhere, manufacturing are actually moving into China rather than out.

Yup, sweatshops are leaving China to India!

@@MitchellC03 China is creating new market in all developing countries through BRI. Contract on US sure, but not elsewhere.