Innovation vs. Infrastructure: Two models shaping the future. In an earlier Urdu response to @UmarCheema1’s post, I shared some reflections — but this subject deserves to be highlighted in English as well, especially to underline the contrasting growth models of the U.S. and
@Asad_Ashah @UmarCheema1 USA doesn’t need to earn dollars printer is on 24 hours to print. The U.S. economic model is fundamentally driven by debt. Unlike other nations, the United States does not need to generate foreign currency reserves to sustain its economy;
@Asad_Ashah @UmarCheema1 All these innovations that you talk about like personal computer, internet, and AI actually rose from public sector like US Defence, NASA, and others and not the private sector. True innovation isn’t confined to public or private sector.
@Asad_Ashah @UmarCheema1 Not entirely true today. China's innovation combined with their infra is outpacing US in many sectors today. There is a reason why America has banned China's access to semiconductor tools and high end gpu's.
@Asad_Ashah @UmarCheema1 1. innovation & infrastructure complement each http://other.It is not either this or that 2. Many breakthru innovations were infact govt funded in USA,like internet 3. U r missing Chinese adv. in EV,renewables,arms,AI,e-commerce 4T exp.can’t come just from low val.add.
@Asad_Ashah @UmarCheema1 In case of China & Russia, the only question is the sustainability rather than competence! @grok wrt rise & fall of civilizations & empires, what is the most complicated matter for human? war & politics? sociology? science & technology? philosophy & religion? trade & industry?
@Asad_Ashah @UmarCheema1 For Pakistan, role models aren't US/China/India, but countries like Indonesia, Malaysia, Turkey & Vietnam. Despite different economic systems, they've grown by improving justice, transparency & social development. Notably, their exports are 5x more than Pakistan's.
@Asad_Ashah @UmarCheema1 The American model, pinned on capitalism and individualism, has performed well. Throw in commercial innovations like franchising, online retailing, credit, etc. However, it has failed the less privileged on health care n safety nets. Infrastructure is poor. Balance is needed.
@Asad_Ashah @UmarCheema1 Precisely, raising a 50m$ in USA is just considered nothing. Its an place. But there are regulations. Dont copy those models in Pakistan as we have the most corrupt and compromised in power who are always ready to create obstacle against any shining 🌟✨⭐💫. @nadeemhaque
@Asad_Ashah @UmarCheema1 The private sector in any country ie US, China etc is actually built upon a govt investment in R&D. It is ultimately d public sector tht undertakes the high-risk, research, creating d essential platform from which private firms can thn innovate & develop commrcial applications.
@Asad_Ashah @UmarCheema1 Structure than innovation. Structure brings innovation
@Asad_Ashah @UmarCheema1 Whenever a finance or accounts guy hold the charge of a company. It destined to disaster
@Asad_Ashah @UmarCheema1 Absolutely, public run enterprises are extremely inefficient, mundane, and unproductive who usally works only as employment exchanges rather than dynamic, innovative and efficient enterprises who can never compete with the productive and innovative private sectors.
@Asad_Ashah @UmarCheema1 Are there any sanctions on American companies or government agencies?
@Asad_Ashah @UmarCheema1 Do actions still speak louder than words!!!
@Asad_Ashah @wahreh1 @UmarCheema1 Good analysis
@Asad_Ashah @UmarCheema1 you mean liberia?
You want a friend in Washington? Get a dog. Harry S Truman U.S. President (1945-53) For Pakistan and Arab countries, the lesson is simple: build alliances based on mutual benefit, not sentiment. Rely on strategic autonomy, invest in regional cooperation and strengthen
End of an era, Yamaha bikes will no longer be manufactured in 🇵🇰🇵🇰 World is moving towards EVs and Pakistan will benefit greatly from EV bikes adoption. Approx 30-40% petrol is consumed by 2 wheelers in Pakistan, $2 billion per year. Significant savings in oil import bill will
HUGE: Pakistan suffers data breach with copies of national ID for 180 million citizens! Now on sale on the dark web focus on @NadraPak and interior ministry
Public debt has jumped to a new record of Rs80.5 trillion by the end of June – an addition of Rs25.4 billion per day, breaching an Act of Parliament and further weakening the government's debt-bearing capacity, revealed official statistics. https://tribune.com.pk/story/2...