China is in hot water.
This is not political. It’s also not entirely economical.
this is mainly demographics.
China’s population has decreased by about 850,000 people since last year, roughly equaling the entire population of Indianapolis. And it is projected to shrink even further.
This affects the size of our workforce and our position as a global manufacturer. It is also affecting the US as US companies continue to near-shore their manufacturing facilities.
in today’s episode Banyan Edge PodcastIan King and I explain how China got to this point, what this means for the country’s economic growth, and how we can benefit from it.
Ian claims artificial intelligence (AI) automation and robotics will continue to shape the US and global economies — especially when it comes to which country reigns supreme Semiconductor chip manufacturing.
Video of the day:
- There are two main reasons why China has a labor problem. [2:00]
- Why this is changing manufacturing in the U.S. and around the world AI automation and robotics. [4:50]
- why is there “convergence” of the developments taking place in the semiconductor chip sector. [6:30]
- How fast the AI trend is penetrating almost every sector of the market and how ChatGPT works in practice. [10:45]
- How will American companies pivot to meet supply and demand in this market? [22:00]
Tune in to today’s episode below!
If you liked this episode and have any comments or questions about artificial intelligence, chip manufacturing, or what’s going on in the market, let us know at BanyanEdge@BanyanHill.com.
nice to meet you,Charles SizemoreEditor-in-chief, The Banyan Edge