this post was submitted on 20 Feb 2024
95 points (92.8% liked)
Technology
59373 readers
8218 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
He says he wants to avoid "a race to the bottom". This is the most important part, it's corporate-speak for "competition".
This isn't a warning that Chinese manufacturers are competing in the luxury car market. They're creating affordable ones, and they're going to eat everyone's lunch because Western manufacturers want to literally avoid competition.
Lowering wages and reducing regulations is not required to compete, but willingness to manufacture affordable cars is.
It is if your competition is a nation that treats its workers like even bigger garbage than western companies do. They cannot go lower than China can.
I think you missed my point.
It's okay, you've missed mine from the beginning.