The End of China as We Know It?

Real Vision: Finance & Investing

Real Vision

News, Business News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 26 November 2023

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

🚀 The Exponential Age is going to permanently change the world on every level, including your day-to-day life. Have it work in your favor - https://rvtv.io/3FAb8hj Andreas Steno Larsen sits down with George Magnus, a distinguished economist and China Centre research associate at Oxford University. They examine the critical junctures in the Middle Kingdom’s economy, from real estate turbulence to its demographic woes and new global trade strategies. Recorded November 9th. And check out the Exponentialist — a new research service from Raoul Pal and David Mattin detailing how exponential technologies are reshaping our world… and what that means for investors: https://www.realvision.com/thefuture Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:36.0	People are going to lose their minds.
0:38.0	This is a moment in history unlike anything humanity's gone through.
0:42.0	It's a very different world for humans to come.
0:43.2	Take a step back and see the broad picture which is the way all these technologies are
0:49.0	interlinked because this is all about exponentiality and humans can't think in exponential terms.
0:54.4	How consequential do you want to say machine intelligence is?
0:58.0	It's almost certainly as consequential as writing.
1:00.9	How long did writing take to disseminate through the human population, you know,
1:05.0	hundreds, thousands of years and we're dealing with it now on a scale of months.
1:10.0	But in this kind of world you're compounding 100% growth every year and the numbers become
1:15.8	astronomical.
1:16.8	AI is going to spot patterns in the world that were just completely invisible to us.
1:21.8	Even if you think that the AI and the robots are your
1:24.7	demise, you might as well bloody invest in them and make some money out of it. If not,
1:28.4	you're just going to be angry man shaking your fist at the clouds. The end of China as we know it. Welcome to this Real Vision deep dive interview series today with a focus on global macro with a particular focus on the developments in China.
1:57.0	It's my great pleasure to introduce the Independent Economist and Research Associate at the China Center at Oxford University.
2:05.0	George Magnus, George authored the book Red Flags Why She's China is in jeopardy in 2018
	...

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