Anyone can be a cost cutter. The reason China is ahead is that they're building like crazy. They made and continue making long term capital investments in education, infrastructure, and energy. Guaranteed success. US is basically all in on AI right now for anything long term, and it's not even clear that AI will be something that will be a net benefit to the middle or working classes.
Don't mean to sound like a doomed or China glazer, but if the AI calls don't print when the debt collectors come knocking, it's gonna be serious trouble.
as bushbaba said in a sibling comment, (paraphrasing), engineers can be both builders and cost cutters. and engineering is about tradeoffs of various kinds, even if they don't involve cost cutting.
ever heard of:
- value engineering
or
- frugal engineering
?
google them.
my dad was an engineer.
not a software one, but a mechanical and electrical engineer. he did a double degree, from a well known US university. and worked for a few years in the US. then he came back to India and work for a single US multinational for the rest of his career.
once when I was a teenager, I saw him reading a book titled "value engineering". a us publication.
i think he mentioned it to me and said it was a good book.
Yes I wasn't specific enough and contradicted myself.
I said anyone can be a cost cutter, and that includes engineers.
Where engineers are unique is in their ability and training to be efficiency and value creators. They are productivity increasers.
Their value comes from productivity increases - not their ability to cut budgets. Cutting a budget might be a side effect of a productivity increase, but the profitability increases that finance first leaders push for is often at the expense of long term productivity rather than because of it.
Engineers are cost cutters. Half of engineering is making decisions on how to build within budget. Building within tolerances and not overly engineering things
Engineers are builders - not cost cutters.
Anyone can be a cost cutter. The reason China is ahead is that they're building like crazy. They made and continue making long term capital investments in education, infrastructure, and energy. Guaranteed success. US is basically all in on AI right now for anything long term, and it's not even clear that AI will be something that will be a net benefit to the middle or working classes.
Don't mean to sound like a doomed or China glazer, but if the AI calls don't print when the debt collectors come knocking, it's gonna be serious trouble.