77
Ford's CEO says China's EV progress is 'the most humbling thing' he's ever seen
(finance.yahoo.com)
this post was submitted on 01 Jul 2025
77 points (100.0% liked)
technology
23861 readers
131 users here now
On the road to fully automated luxury gay space communism.
Spreading Linux propaganda since 2020
- Ways to run Microsoft/Adobe and more on Linux
- The Ultimate FOSS Guide For Android
- Great libre software on Windows
- Hey you, the lib still using Chrome. Read this post!
Rules:
- 1. Obviously abide by the sitewide code of conduct. Bigotry will be met with an immediate ban
- 2. This community is about technology. Offtopic is permitted as long as it is kept in the comment sections
- 3. Although this is not /c/libre, FOSS related posting is tolerated, and even welcome in the case of effort posts
- 4. We believe technology should be liberating. As such, avoid promoting proprietary and/or bourgeois technology
- 5. Explanatory posts to correct the potential mistakes a comrade made in a post of their own are allowed, as long as they remain respectful
- 6. No crypto (Bitcoin, NFT, etc.) speculation, unless it is purely informative and not too cringe
- 7. Absolutely no tech bro shit. If you have a good opinion of Silicon Valley billionaires please manifest yourself so we can ban you.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They say this sort of thing, but they have insane abstractions of what China is really doing. Finance + economics + business leadership has a problem of sticking to broadly taught or popularized ideas that are myopic, divorced from reality, or just warped
common sense? pshhh if that was real then why are commoners so poor?
Of course, because a bold but incisive plan that looks to go against conventional logic is not what the board wants, and that's ultimately who this person works for.
Those broad abstractions are the easiest thing to get agreement around at a shareholder meeting. Anything more complicated requires and actual understanding of global economics and business; so obviously, you can't count on that.
C-suite makes a lot more money sticking around putting on a pony show that lines up with investor expectations than they would making an unconventional move that looks dangerous, let alone if it actually doesn't work out.
Ya it was attributed to stupidity by Femboy Stalin but it's more about class interest. It results from institutional capture and ideological censorship
inevitable result of a society which prizes stupidity and incompetence above all other attributes in its leaders