Ted talks: Asia’s Rise — How and When?

Our recording:

Description:

Hans Rosling was a young guest student in India when he first realized that Asia had all the capacities to reclaim its place as the world’s dominant economic force. At TED-India, he graphs global economic growth since 1858 and predicts the exact date that India and China will outstrip the US.
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In 1972, Mr. Rosling had a college experience in which he realized he had fallen behind his Indian classmates in his study diligence. In other words, Indians could be better than Swedes.
He predicted that India and China will achieve average income parity with the “West” in 2048.
But what Mr. Rosling is really worried about is war. Will the former rich countries really accept a completely changed world economy, and a shift of power away from where it has been the last 50 to 100 to 150 years, back to Asia? And will Asia be able to handle that new position of being in charge of being the most mighty, and the governors of the world?

Vocabulary:

Once upon a time = there was one time a long time ago (fairy tale opening line)
to dominate = to lead, to rule, to have greater influence or power than others
a piece of cake = an easy task
a watershed year = a turning point where some crucial event happened
sovereignty = independence, no one telling you what you can do
to catch up = to achieve equality or parity from a prior inferior condition
disparity = inequality, large different between two groups of people
to turn one’s eyes towards = to begin to focus on a new target or situation
to get your bookings in = make/submit your reservations

Chat:

TED Talk: Asia’s rise ? how and when
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Lee Wright 9:04 PM
https://padlet.com/LeeWright/TEDTalk
Retell the story.
Sweden (SWEE din)
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Lee Wright 9:06 PM
Graph on our padlet

Thein Lin Aung 9:06 PM
Extrapolate
You demand too much πŸ˜‰

Lee Wright 9:08 PM
Why do Asia people so hard?
When you are very poor, you can only go up.
normalized for exchange rates

Thein Lin Aung 9:10 PM
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Gerard Arbat 9:11 PM
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Lee Wright 9:11 PM
China’s cheap labor won’t last.
Larger “delta” = more driving force
saturation at some point or the “law or diminishing returns”
When you have enough, you can relax.
When you’re starving, you have to work much harder.

Gerard Arbat 9:14 PM
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Thein Lin Aung 9:15 PM
Japanese are famous for hard work.

Lee Wright 9:15 PM
Yeah. They’re burned out and population is decreasing year after year.
Genetic work with stem cells.
No moral limits.
China has no intellectual protection.
Does India counterfeit foreign goods?
Vietnam is still poor right now.
Japan is on the decline.
Cheap labor : Taiwan => Japan => China => Vietnam?
Every 365 days.

Thein Lin Aung 9:27 PM
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Lee Wright 9:27 PM
Change of government
Asteroid strike…
Stephen Hawking says we may be extinct within 100 years. Some disaster is due soon.
no correlation
Leaking memory
Tsunami in Japan killed the nuclear industry in the USA>
Natural disasters, wars
Famine

Thein Lin Aung 9:32 PM
A major event

Lee Wright 9:33 PM
World dominance
Power shift from the West to the East
What if China became the world’s superpower?

Gerard Arbat 9:34 PM
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Lee Wright 9:36 PM
Black or white cat doesn’t matter. Just catch the mouse!
Queen has no power.
She a decoration.
The cogs of the machinery keep turning, no matter who the operator is.
Brain drain
Many German scientists came to US after WWII.
=> we got the atomic bomb
Silicon Valley
Will global warming melt the ice and raise the ocean levels and flood coastal cities?

Gerard Arbat 9:39 PM
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Lee Wright 9:41 PM
There are Internet simulations of what would go underwater.
Fish would die.

Gerard Arbat 9:44 PM
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Lee Wright 9:44 PM
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Gerard Arbat 9:47 PM
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Lee Wright 9:53 PM
stagnation
driverless cars, AI…

Gerard Arbat 9:54 PM
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Lee Wright 9:55 PM
Does more money correspond to longer life?
The US seems to indicate a loose correlation.
US medical is expensive.
Many people can’t afford medical care.
Longer life => more old people => more drain on the economy
If the US backs off (as Trump is doing), then China and Russia will “fill the vacuum”.
EU doesn’t seem to be able to lead.

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