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So you talked to Jack Ma? Lol you read a bunch random speculation about how he’s missing when there’s no proof. The. Try to construct a narrative from it
Labor participation would be 99% in all countries. What’s your point?
The 20% to 60% is meant to demonstrate female inequality in India, because most of them are working at home for zero pay and low social status. Whereas in more developed countries, women get paid to work in industries.
USSR is a failed civilization because they couldn’t steer good government policies. China is way different. Don’t equate the two just because they’re both “communists”
Sorry you’re unable to reconcile the fact that there’s no way your world view is wrong and the only way someone else has a different view has “ulterior motives”
That is completely false, and I bet from someone who has never worked professional nor lived in China
Corruption is one of the thing that will end your career, even your life. Things like smuggling drugs, creating fake products that endanger lives, will get you executed.
Jack didn’t even go against the CCP. He criticized the financial regulators for not allowing innovation.
Weird that people desperately want this to be “China Bad Government” vs the Good Billionare Jack. But it’s more akin to an FCC vs Musk battle
Strange that people are making a huge deal out of this. How’s he missing? To whom? He’s not the CEO of Alibaba anymore and doesn’t have to appear in any events
He’s a billionaire, who’s in trouble with regulators for public ally flouting their regulations. Maybe it’s a good idea to stfu for a few months until it’s settled.
The sentiments from some people on HN are so weird about this. Everyone wants to screw the big bad tech companies for having so much monopolies on what we do, until China does it then it’s “oh no big bad government takes down billionaire.”
That's wild... As much as I love to complain about the bay area, being able to go upwards of $500k for an individual contributor keeps me here. Even taking into account of increased medical costs and crappy public transport, still very much worth it. Don't think there's any place it on Earth that pays this much
This is a topic as old as time. I never get why people “complain” about what other people pay for things at a price they themself seem silly. It doesn’t impact you. It’s their money. If they feel they can have an advantage in the long term investing in companies at a high valuation, then sure
Everything thinks what they’re building is worth a lot of money but get jealous when they see high valuations from others :)