alt Hacker NewsIf you can't appreciate or understand what a substantial effort it was to reduce poverty in China, then you aren't a serious person worth paying attention to. It's literally the economic question of the century and something we should seriously study because we have the potential to lift the entire world out of poverty too.
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It's really not that complicated. The government banned people from trading causing extreme poverty and famine in one of the most fertile areas in the world. Then they reversed the ban and let Chinese people trade again. At the same time western companies setup factories in China causing massive capital inflows.
The Chinese government did a terrible job of reducing poverty relative to other East Asian nations like Japan, South Korea, and Taiwan. From a similar starting point the GDP per capita lagged well behind, and even now it still does; it's around $15k, similar to Mexico and less than half of those other East Asian countries. If the argument is "it's harder because the country is bigger", then if the government care about living standards it should have decentralized into lots of smaller countries like Europe, which if didn't do.
We’re just not talking about that right now
We are talking about open source ai models working really well for the people of the world
Please. Be serious.
Crazy how people make light of this, when you can see the alternative today: India.
Sorry Indians reading this for throwing shade at India, but I just want to point out that making 1 billion of people not poor is freaking hard.