by Both India and China have much larger populations than the U.S. so they will become more powerful eventually. The analyst here, Jill Schlesinger, says it's not a problem as the standard of living in the U.S will remain the same, but what is concerning is the U.S lack of investment in its people. China, she says, is using A.I. to teach children in the remotest parts of China in preparation for new technologies, while the US lacks any such innovation.There were articles posted here last year about how many in the U.S ruling elite tend to think that it is a waste of money paying taxes to educate Americans when all the industry has been sent abroad and A.I is coming. [embedded content] A new report from Standard Chartered Bank says the U.S. will not be the world's economic leader by the year
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)
Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained
Lars Pålsson Syll writes Schuldenbremse bye bye
Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.
There were articles posted here last year about how many in the U.S ruling elite tend to think that it is a waste of money paying taxes to educate Americans when all the industry has been sent abroad and A.I is coming.
A new report from Standard Chartered Bank says the U.S. will not be the world's economic leader by the year 2030. Instead, China and India will take the top two spots. CBS business analyst Jill Schlesinger joins CBSN AM to discuss what it means for the U.S.