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> The world is copying from China Sure. Ask any customs officer. Like it or not, the free markets in the United States created the greatest technological advan

> The world is copying from China Sure. Ask any customs officer. Like it or not, the free markets in the United States created the greatest technological advances of mankind. China has nothing on that. Some lousy chip makers and cheap labour won't be able to compete with anything done in the US. Also if Baidu was so great, try competing in the US or on neutral ground like Europe.

laumars 8y ago
The free market in the US has created the biggest corporations known to mankind. However a drive to monopolise an industry doesn't necessarily equate to technological advancement. In fact often it can lead to the opposite effect where there is a lack of motivation to innovate once market penetration reaches a certain threshold. The ironic thing is the free market in the US seems to be a one way street. There's a push for deregulation whenever it allows corporations to behave with moral ambiguity. However corporations often love legislation if it raises the barrier for entry for new start ups wishing to compete. But going back to your original point, there have been plenty of great technological advances from China and Europe. Easily more than enough to dismiss your insinuation that the US has a monopoly on technological advancement, let alone the wider point regarding free markets.
- bitxbit 8y ago
  That’s bullshit. We have insanely large US corporations precisely because RoW didn’t innovate. They (US-based tech) simply make better products.
  - laumars 8y ago
    Size doesn't equate to quality though. eg even when Microsoft was at it's peak it's fair to say they didn't keep pace with innovation (aside finding new ways for their software to hog memory and CPU). All too often it takes an underdog to shake things up. However what the size of US corporations does prove is that the American system is better for building dominating businesses. But I'd already said that in my previous post.
fma 8y ago
>Like it or not, the free markets in the United States created the greatest technological advances of mankind That's quite some recency bias you have there.
kamaal 8y ago
>>Sure. Ask any customs officer. Like it or not, the free markets in the United States created the greatest technological advances of mankind. Actually that's immigration. And sure Ask any customs officer. >>China has nothing on that. Very true. >>Some lousy chip makers and cheap labour won't be able to compete with anything done in the US. China's trade work in Eurasia and Africa is changing the trade scenario rapidly. In a sense China is creating a market for local economies in Eurasia and Africa, so that local institutions can grow and work with each other. Its kind of strange, the US could have had all of that trade empire for 1/10 the cost of wars and invasions in the past decades. China offers an alternate foreign policy framework, and its working to a large extent. Again the US economy in many ways, is just the economy of a few cities, and immigration matters big time. Not just for the US economy, but if those people chose to stay in their countries its a negative to US as they create competition for the US.
alluro2 8y ago
You obviously know nothing of China's technological progress nor chip manufacturers. If you keep thinking they've been stupidly manufacturing high tech equipment without learning, and "USA is the greatest", you're in for a huge surprise if you look into their biggest tech companies a bit deeper.

laumars 8y ago

The free market in the US has created the biggest corporations known to mankind. However a drive to monopolise an industry doesn't necessarily equate to technological advancement. In fact often it can lead to the opposite effect where there is a lack of motivation to innovate once market penetration reaches a certain threshold. The ironic thing is the free market in the US seems to be a one way street. There's a push for deregulation whenever it allows corporations to behave with moral ambiguity. However corporations often love legislation if it raises the barrier for entry for new start ups wishing to compete. But going back to your original point, there have been plenty of great technological advances from China and Europe. Easily more than enough to dismiss your insinuation that the US has a monopoly on technological advancement, let alone the wider point regarding free markets.

bitxbit 8y ago
That’s bullshit. We have insanely large US corporations precisely because RoW didn’t innovate. They (US-based tech) simply make better products.
- laumars 8y ago
  Size doesn't equate to quality though. eg even when Microsoft was at it's peak it's fair to say they didn't keep pace with innovation (aside finding new ways for their software to hog memory and CPU). All too often it takes an underdog to shake things up. However what the size of US corporations does prove is that the American system is better for building dominating businesses. But I'd already said that in my previous post.

fma 8y ago

>Like it or not, the free markets in the United States created the greatest technological advances of mankind That's quite some recency bias you have there.

kamaal 8y ago

>>Sure. Ask any customs officer. Like it or not, the free markets in the United States created the greatest technological advances of mankind. Actually that's immigration. And sure Ask any customs officer. >>China has nothing on that. Very true. >>Some lousy chip makers and cheap labour won't be able to compete with anything done in the US. China's trade work in Eurasia and Africa is changing the trade scenario rapidly. In a sense China is creating a market for local economies in Eurasia and Africa, so that local institutions can grow and work with each other. Its kind of strange, the US could have had all of that trade empire for 1/10 the cost of wars and invasions in the past decades. China offers an alternate foreign policy framework, and its working to a large extent. Again the US economy in many ways, is just the economy of a few cities, and immigration matters big time. Not just for the US economy, but if those people chose to stay in their countries its a negative to US as they create competition for the US.

alluro2 8y ago

You obviously know nothing of China's technological progress nor chip manufacturers. If you keep thinking they've been stupidly manufacturing high tech equipment without learning, and "USA is the greatest", you're in for a huge surprise if you look into their biggest tech companies a bit deeper.