3 ms·
It is not about "displacing the US". It is about a monopoly being over. Which means, there will be big tech companies from SV, but also from China, India, Indon
by dmode 9y ago
It is not about "displacing the US". It is about a monopoly being over. Which means, there will be big tech companies from SV, but also from China, India, Indonesia, Korea, Europe etc. etc. And it is already true. Chinese companies raised $56bn last year.
The world is also significantly different from 80s. China's GDP in 1980 was $200 bn. Now it is $11 trillion