Taiwan’s economy is booming thanks to AI. Not everyone sees the benefits (www.aljazeera.com)
from throws_lemy@reddthat.com to world@lemmy.world on 28 May 01:05
https://reddthat.com/post/66444673

Taiwan is experiencing explosive GDP growth due to chip exports, but some Taiwanese feel left out.

Taiwan’s Central Bank Governor Yang Chin-lung has sounded the alarm about an emerging “K-shaped economy,” where certain sectors grow rapidly while others fall into stagnation.

#world

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avidamoeba@lemmy.ca on 28 May 03:34 next collapse

A country adopts free-market economics (privatization of SOEs and so on), gets K-shaped economy, shock ensues.

<img alt="" src="https://lemmy.ca/pictrs/image/83dd1adc-3754-4e22-9067-3c97116bdf8b.png">

Yliaster@lemmy.world on 28 May 13:01 collapse

What’s a K shaped economy?