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China also shows how keeping a closed door to outsiders influence yields having your own healthy market. I think there are few places left, where local IT compa

by erikb 11y ago

China also shows how keeping a closed door to outsiders influence yields having your own healthy market. I think there are few places left, where local IT companies haven't been destroyed by google, facebook and netflix. China has big businesses in all these markets. Stop always only highlighting the bad things.

themodelplumber 11y ago
My local IT companies seem to do fine...can you explain?
- TeMPOraL 11y ago
  Among your local IT companies is there a search engine more popular than Google? A social network more popular than Facebook? A shopping site more popular than Amazon and eBay? For better or worse, the economic and political restrictions China enacted allowed for local companies like Baidu, Alibaba and Tencent (makers of WeChat) to utterly dominate the Chinese market. Those same companies are now pretty much the only competitors that can match the American giants I mentioned before. In this area, this was a big win for China - both for companies and customers (money made stays in the country).
  - rubberstamp 11y ago
    Those are good observations actually/
  - themodelplumber 11y ago
    > For better or worse, the economic and political restrictions China enacted allowed for local companies like Baidu, Alibaba and Tencent (makers of WeChat) to utterly dominate the Chinese market Well, that's the problem and the solution, as you hinted. At worst, the US giant Google is equivalent to what China has done. At best, it's better, because the US government didn't have to meddle quite so much to force such growth to occur. So I don't really see how Baidu is some terrific example of IT flourishing. If anything, Google, Facebook, and the companies that will follow their inevitable fall are noteworthy. And if you don't like Google, you have alternatives for every one of its services. Same with Facebook. Really viable alternatives, too.
    - erikb 11y ago
      You don't have much understand of how power works, do you? The typical Silicon Valley start-up has more money than some of the most successful, long standing companies in other countries. Skilled people from other countries will move to the US, because they can get sometimes up to 10 times their usual pay for the same job (and maybe still get less than local US engineers). On the other hand other countries get mostly US losers as expats who can't make it at home and basically live off being born with white skin and having a US passport. So now that all your smart engineers are gone and you know you don't have enough money to get them back, what are you going to do to compete with the US company? Blocking off your market is one of the few successful strategies (and actually accepted amongst educated people). China did it and some regard they have quite a good chance to end up on top of the US one day. I'm thinking just about all the new mobile technologies that get much faster adoption in a people that is more willing to experiment with new stuff and basically grew up with mobile internet.
    - sangnoir 11y ago
      > At best, it's better, because the US government didn't have to meddle quite so much to force such growth to occur. The US government does its share of meddling; just not in tech (since Obama overrode the Apple import ban in HTC v Apple). What do you think "promoting American interests" is a euphemism for? Farming/agriculture is a good example: farming subsidies and skewed trade are just as forceful as the Chinese protectionism.
- erikb 11y ago
  You ever heard of a website called Facebook? How many countries you know who have a social network beside facebook with similar success to Weibo or Wechat? I know zero.
deleted 11y ago
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by erikb 11y ago

themodelplumber 11y ago

My local IT companies seem to do fine...can you explain?

TeMPOraL 11y ago
Among your local IT companies is there a search engine more popular than Google? A social network more popular than Facebook? A shopping site more popular than Amazon and eBay? For better or worse, the economic and political restrictions China enacted allowed for local companies like Baidu, Alibaba and Tencent (makers of WeChat) to utterly dominate the Chinese market. Those same companies are now pretty much the only competitors that can match the American giants I mentioned before. In this area, this was a big win for China - both for companies and customers (money made stays in the country).
- rubberstamp 11y ago
  Those are good observations actually/
- themodelplumber 11y ago
  > For better or worse, the economic and political restrictions China enacted allowed for local companies like Baidu, Alibaba and Tencent (makers of WeChat) to utterly dominate the Chinese market Well, that's the problem and the solution, as you hinted. At worst, the US giant Google is equivalent to what China has done. At best, it's better, because the US government didn't have to meddle quite so much to force such growth to occur. So I don't really see how Baidu is some terrific example of IT flourishing. If anything, Google, Facebook, and the companies that will follow their inevitable fall are noteworthy. And if you don't like Google, you have alternatives for every one of its services. Same with Facebook. Really viable alternatives, too.
  - erikb 11y ago
    You don't have much understand of how power works, do you? The typical Silicon Valley start-up has more money than some of the most successful, long standing companies in other countries. Skilled people from other countries will move to the US, because they can get sometimes up to 10 times their usual pay for the same job (and maybe still get less than local US engineers). On the other hand other countries get mostly US losers as expats who can't make it at home and basically live off being born with white skin and having a US passport. So now that all your smart engineers are gone and you know you don't have enough money to get them back, what are you going to do to compete with the US company? Blocking off your market is one of the few successful strategies (and actually accepted amongst educated people). China did it and some regard they have quite a good chance to end up on top of the US one day. I'm thinking just about all the new mobile technologies that get much faster adoption in a people that is more willing to experiment with new stuff and basically grew up with mobile internet.
  - sangnoir 11y ago
    > At best, it's better, because the US government didn't have to meddle quite so much to force such growth to occur. The US government does its share of meddling; just not in tech (since Obama overrode the Apple import ban in HTC v Apple). What do you think "promoting American interests" is a euphemism for? Farming/agriculture is a good example: farming subsidies and skewed trade are just as forceful as the Chinese protectionism.
erikb 11y ago
You ever heard of a website called Facebook? How many countries you know who have a social network beside facebook with similar success to Weibo or Wechat? I know zero.

deleted 11y ago

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