this post was submitted on 10 Jul 2025
795 points (97.7% liked)

Technology

72764 readers
1411 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
L4s@hackingne.ws
795
Former GM Executive: BYD cars are good in terms of design, features, price, quality. If we let BYD into the U.S. market, it could end up destroying american manufacturers (www.nytimes.com)
submitted 3 days ago* (last edited 3 days ago) by Davriellelouna@lemmy.world to c/technology@lemmy.world
375 comments fedilink hide all child comments
 

you are viewing a single comment's thread
view the rest of the comments
[–] ToadOfHypnosis@lemmy.world 5 points 2 days ago (1 children)

Japan used state capitalism to promote it’s auto industry and other key sectors to sustain strong growth. America’s weakened billionaire owned government system is just being strip mined into the ground. We won’t be able to compete in an economy that’s only product is wealth extraction because of our massive corruption.

[–] rottingleaf@lemmy.world 1 points 2 days ago

Back then American industries were just complacent due to insufficient competition, and Japan's industrial development was a bit of a miracle (that "living in year 2000 since 1980s" joke).