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> Majority of globally successful companies still come from the US and that isn't changing anytime soon. I've heard this POV many times but it seems very hard
by aeternum 6y ago
> Majority of globally successful companies still come from the US and that isn't changing anytime soon.
I've heard this POV many times but it seems very hard to believe. Especially with the internet, the knowledge gap is closing or already closed. Capital is now generally available for good ideas, and access to electronics and computing hardware in many Chinese cities is better than in the US.
With 4x the population of the US, many of whom now have access to the whole of human knowledge via the internet, hardware and cheap manufacturing for rapid iteration, how does this not result in change?
- nine_zeros 6y agoThis is already true when you see how the Chinese are innovating on energy. They are already the largest producers of electricity. They know that 50% of their population is still poor and more pollution is not the answer. So they invest in high speed public transportation, mass renewables production and scientific research and education for the masses. It's truly stunning scale and most armchair philosophers here in the US just can't appreciate the scale of it until they actually see it.