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Sam Altman loves China; he'll ignore everything bad about it except the (certain) libertarian aspects (which doesn't conflict with the government) EDIT: whoeve

Sam Altman loves China; he'll ignore everything bad about it except the (certain) libertarian aspects (which doesn't conflict with the government) EDIT: whoever modded me down, take a look at http://blog.samaltman.com/china http://blog.samaltman.com/china or https://techcrunch.com/video/sam-altman-of-yc-china-remains-important-to-us/59c19c759e45104758db6a74/ https://techcrunch.com/video/sam-altman-of-yc-china-remains-...

pwaai 9y ago
I think this shows the underlying naivety in American optimism in Chinese markets. Their sole purpose is to learn, take as much as they can possibly get away, turn around and create entire industries overnight by creating a domestic bubble shielding it from foreign competition. It's similar to how South Korea propped up it's economy in the 70s, by imposing high tariffs on imports and restricting consumer choice to only domestically produced imitations by a state bankrolled conglomerate. At one point I believe Samsung even sold pirated copies of SNES games according to allegations in a 90s magazine. Japanese consoles were harder to get than PC, hence the proliferation of broadband internet leading to other side effects (actually Son Masayoshi advised the Korean administration back in the late 90s to go broadband early as possible). I'd say that we are likely to hear more "honeymoon" stories from Sam, just like the thousands of like minded hopefuls that came to China and have left empty handed. ....but prove us all wrong by being the first American to make his billions and be allowed to keep it under the nose of Communist Party of China.
- bostik 9y ago
  > Their sole purpose is to learn, take as much as they can possibly get away, turn around and create entire industries overnight by creating a domestic bubble shielding it from foreign competition. Which, according to Bad Samaritans, is the rational choice of any still developing country.[0] This of course doesn't absolve China (or the US for that matter) of their abhorrent actions in any other realm. 0: https://en.wikipedia.org/wiki/Bad_Samaritans:_The_Myth_of_Free_Trade_and_the_Secret_History_of_Capitalism https://en.wikipedia.org/wiki/Bad_Samaritans:_The_Myth_of_Fr...
  - pwaai 9y ago
    > In 2008, Ministry of National Defense of South Korea release a list of 23 'seditious' books including "Bad Samaritans". The books on the list cannot be read or kept on bases under military regulations. The ministry argued it may cause misunderstanding among the readers about the free market economy. The army argued that the books contains some information that related to antigovernment and anti-Americanism.[2] HAHA! Now I must read this book. Any book banned by a government that doesn't incite terrorism outright is worth a read imho. It's hard to argue with the results though. South Korea was pretty much a third world country but state directed infrastructure building in key productions like steel, shipyard building, all had roots of building up a deterrent against North Korea.

pwaai 9y ago

I think this shows the underlying naivety in American optimism in Chinese markets. Their sole purpose is to learn, take as much as they can possibly get away, turn around and create entire industries overnight by creating a domestic bubble shielding it from foreign competition. It's similar to how South Korea propped up it's economy in the 70s, by imposing high tariffs on imports and restricting consumer choice to only domestically produced imitations by a state bankrolled conglomerate. At one point I believe Samsung even sold pirated copies of SNES games according to allegations in a 90s magazine. Japanese consoles were harder to get than PC, hence the proliferation of broadband internet leading to other side effects (actually Son Masayoshi advised the Korean administration back in the late 90s to go broadband early as possible). I'd say that we are likely to hear more "honeymoon" stories from Sam, just like the thousands of like minded hopefuls that came to China and have left empty handed. ....but prove us all wrong by being the first American to make his billions and be allowed to keep it under the nose of Communist Party of China.

bostik 9y ago
> Their sole purpose is to learn, take as much as they can possibly get away, turn around and create entire industries overnight by creating a domestic bubble shielding it from foreign competition. Which, according to Bad Samaritans, is the rational choice of any still developing country.[0] This of course doesn't absolve China (or the US for that matter) of their abhorrent actions in any other realm. 0: https://en.wikipedia.org/wiki/Bad_Samaritans:_The_Myth_of_Free_Trade_and_the_Secret_History_of_Capitalism https://en.wikipedia.org/wiki/Bad_Samaritans:_The_Myth_of_Fr...
- pwaai 9y ago
  > In 2008, Ministry of National Defense of South Korea release a list of 23 'seditious' books including "Bad Samaritans". The books on the list cannot be read or kept on bases under military regulations. The ministry argued it may cause misunderstanding among the readers about the free market economy. The army argued that the books contains some information that related to antigovernment and anti-Americanism.[2] HAHA! Now I must read this book. Any book banned by a government that doesn't incite terrorism outright is worth a read imho. It's hard to argue with the results though. South Korea was pretty much a third world country but state directed infrastructure building in key productions like steel, shipyard building, all had roots of building up a deterrent against North Korea.