3 ms·
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 c
by 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.