This is actually false and the type of dangerous logic that has brought us to where we are today #1 may be true in the short-term, if you are okay with selling

This is actually false and the type of dangerous logic that has brought us to where we are today #1 may be true in the short-term, if you are okay with selling out your users and giving up your IP but in the long term, you are essentially investing in the rise of a totalitarian state, which does not care about fairness and individual rights and freedoms. In the long term, investing in China today is effectively chipping away at democracy for our descendants What does that have to do with the point that he brought up? Of course democracy is in peril - we're all climbing a local short-term maximum only to find that it will lead us all into a global long-term minimum. But what he said isn't false. It's true. Democracy will be in peril whether it's your company that sells out to China or whether its a competitor that sells out and then out-profits you, out-competes you, and then buys you out. Its an efficient market and not going to China will lead you to the local minimum. What we need is firm government action on the part of the US, the EU, and Japan. We need to stop feeding this monstrosity that we've nourishing in Beijing and it isn't private industry that can do it.