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> In order to get access to the lucrative Chinese market now (and goose this quarter's earnings), they put up with Chinese industrial espionage that results in
by pm90 8y ago
> In order to get access to the lucrative Chinese market now (and goose this quarter's earnings), they put up with Chinese industrial espionage that results in reduced competitiveness 10 years down the road.
Alternate reality: they stay alive instead of being hammered in earnings by their competitors, invest increased earnings to get better at security and prevent future data exfiltrations, use their existing corpus of innovation to get even more competitive and continue to exist long into the future.
Innovations are important and must be protected. But the short-sightedness of today is partially driven by a change in reality: the rate of technological advances is brutally fast.