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Let's be real, the Chinese have been stealing technology right and left for years. Losses number between $225 and $600 billion per year [0]. One in five compa
by mises 7y ago
Let's be real, the Chinese have been stealing technology right and left for years. Losses number between $225 and $600 billion per year [0]. One in five companies has had its technology stolen [1]. They will just steal the tech. Or maybe they'll decide it's easier to work with AMD (they're already doing it on the CPU side [2]).
This is not popular to say, but it is accurate and my statements are sourced. Feel free to provide rebutting evidence if you disagree.
[0]: https://money.cnn.com/2018/03/23/technology/china-us-trump-tariffs-ip-theft/index.html https://money.cnn.com/2018/03/23/technology/china-us-trump-t...
[1]: https://www.cnbc.com/2019/02/28/1-in-5-companies-say-china-stole-their-ip-within-the-last-year-cnbc.html https://www.cnbc.com/2019/02/28/1-in-5-companies-say-china-s...
[2]: https://en.wikipedia.org/wiki/AMD%E2%80%93Chinese_joint_venture https://en.wikipedia.org/wiki/AMD%E2%80%93Chinese_joint_vent...
- gamblor956 7y agoI'm surprised that it's only 1 in 5 companies. Based on prior client experiences with Chinese contractors, I would have expected it to be 5 of 5 foreign companies doing business in China.
- mises 7y agoI would assume that it's due to a limited number of companies having useful IP to steal. I have had similar experience with several companies, and hear similar stats from those who work with other companies, but that is anecdotal. I would also hazard a guess that many companies don't want to admit it, even if it does happen.
- hutzlibu 7y agoThe losses numbers are from a US government investigation. So they might have some bias ... and therefore not really mean anything.
- Taniwha 7y agoYou can't steal an open source ISA .... unless you don't follow the license (which in this case is trivial to do)
- mindslight 7y agoWhat you say may be accurate, but it's also extremely biased by a paradigm of strict imaginary property... which isn't necessarily useful for understanding how things are going to play out.
- Aperocky 7y agoThe methodology in the US study seem to suggest that Chinese are inable to do anything on their own and any technology that US company have that somehow China also got, is ALL counted as stolen. That's a very fun verdict
- The_rationalist 7y agoEspecially since China is the number one scientific country in terms of number of published papers and e.g are the leaders in nuclear fission and AI.