race to the bottom (reis tu de bótom)

Idiom Trade

Meaning

a situation where companies or countries lower standards to remain competitive

una situación en la que las empresas o los países bajan los estándares para seguir siendo competitivos

"Reducing wages to attract investors can create a race to the bottom."

"Reducir los salarios para atraer inversores puede crear una carrera hacia abajo"

to expect or plan for something

to return to the right path after a mistake or setback

a conflict where both sides refuse to give up

to be more successful or advanced than others

to create innovations that shape future technology

competition among companies or nations to lead in AI develop...