The problem is, in-your-face consumption message to us, indirectly telling us how powderful China is. Why can't China rich do their shit in their own country?
Base upon my earlier post on Market Size & low labor costs in China, it may seemed that with Singaporeans small market size & high labor costs, we will not stand a chance to become billionaires like those in China.
But do not despair. Our market within Singapore may be small, but we, intelligent & hardworking, are friends with all nations on Earth with a population size of 7 Billion, along with special privileges from numerous FTAs with other nations on trade.
Thus, should we have a genuine, honest & quality product or services to offer, even at $1 & ALL Humankind buys it, it would net a gross profit of $7 Billion, beating the Chinese in the same game.
That's how Sim Wong Hoo ( Electronics), Quek Lian Beng (Hotels), Peter Lim (Stocks & shares), Mohd Mustafa ( India connections on retail ) & many more other Singaporeans became billionaires - tapping upon Singapore's International strengths & opportunities Worldwide. Dream big & Work hard smarter are their way....
For the elderly generations, it may seem that such riches are beyond their grasps, as tiredness, stress & family commitments/responsibilities set in. However, for the young & ambitious, opportunities STILL abound.
Generative AI will be the IN thing over the next few years. At the heart of AI are algorithms which are taught even at the secondary school levels. It is just how one combines what was taught, to built upon it, along with the use of sensors, which will transform industries & services beyond what we have today.
For example, even an electric drill can be fitted with AI chips & sensors to tell the user to switch drill bits for drilling different surfaces for max productivity, etc, etc, And thats just a simple electric drill. There are millions of other tools, machineries, services that would need to be upgraded in our competitive world, & that spells OPPORTUNITIES for jobs & prosperity for oneself & loved ones....