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And government tech grants are very rational. We give them out in the US as well. Governments have their goals. I can understand that. I'm just saying that the
by bilbo0s 7y ago
And government tech grants are very rational. We give them out in the US as well. Governments have their goals. I can understand that.
I'm just saying that the amalgamation of rational actions on the part of everyone involved has the potential to lead us to the decoupled world that everyone claims they don't want.
Of course China should fund their chip industry. It's common sense. Long term, they should probably be using their own chips. Also common sense. But imagine the same common sense being applied across the economies of all great nations in every critical sector. Think about where such measures lead in terms of global trade.
Maybe it's good? Not saying it's a definite bad thing. I'm a dad, when my kids were younger, if they couldn't get along I made them take their things and go back to their rooms. I have to admit, that made for a much more peaceful house. I'm just saying that it's probably better for the development of the children for them to peacefully play together.