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"Surely nimble American startups should be able to disrupt their state-sponsored dinosaurs." I would recommend researching more about the Chinese technology in
by ztratar 7y ago
"Surely nimble American startups should be able to disrupt their state-sponsored dinosaurs."
I would recommend researching more about the Chinese technology industry. They aren't dinosaurs. Huawei, Tencent, Alibaba, Baidu, and Xiaomi are all serious contenders due to Government support and their overall productivity.
- Apocryphon 7y agoI don't doubt they're powerful. Certainly American firms involved in specific areas of research, such as A.I., deserve more government support. But why should Americans abandon our spirit of capitalism and entrepreneurship, of startups? Forming corporate monopolies to defeat Chinese technological might is a betrayal of our nation's values. Is such a Faustian bargain truly worth it?