Interesting People mailing list archives
Tokyo Digest # 6
From: Dave Farber <farber () central cis upenn edu>
Date: Sun, 28 May 1995 06:39:12 +0900
It has been a dry hotish week in Tokyo. Mike Nelson was in town to give a talk as part of a GII high level get-together and Mike and I had a marvelous dinner and talking with NEC execs on the top of NEC Supertower -- their corp hdq building. The more I talk with folk over here the more I am convinced of the following: o the strong yen is very good for Japan. The hollowing out caused by it -- the overseas production of goods for latter export has lowered their costs a lot; the jobs lost may not be all that much of a problem since the Japanese birthrate is low, there is a future labor shortage due to it and so while in the short range there will be some problems for specific industries, the high Yen is a win for Japan. BTW there is very little end user price reduction in goods imported to Japan so the profits for importers etc. is great. Lower costs and no end price reductions for consumers. (there are a few more sales then I used to see but not nearly as much as you see in the US). o the computer industry is in bad future shape over here in that what is here seems to be using foreign designs (from Asia) and Asian parts. I see so far little that suggests real advanced future research efforts that will be required for the 2000s. Maybe they intend to hire cheap Americans in US labs to do that for them. By the way Hitachi has said they will have to increase the price of memory due to the high Yen but all their production seems to be in dollar countries so their costs went down. Maybe time for some more profits? o Tokyo people are among the most helpful I have seen in the world -- equals with Australians, in their willingness to help lost foreigners. Yesterday three people offered to help us and we were not even lost. o there is a feeling you see often that the Japanese brain is different. Koto music is "ideal for the Japanese brain", learning english changes the Japanese brain and may impare it (this inspite of the fact that their best science people speak english well). I was told the Prime Minister hides the fact that he speaks english well since it is a political disadvantage. Each nation has their strange problems (of course the US does not :-) ) More latter. Dave
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- Tokyo Digest # 6 Dave Farber (May 27)