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More of a confirmatory signal of a policy shift which has been underway since 2020. Both US and China are aiming to achieve the same thing in different ways -
by hunglee2 4y ago
More of a confirmatory signal of a policy shift which has been underway since 2020. Both US and China are aiming to achieve the same thing in different ways - a reallocation of resources (investment + talent) from frivolous consumer tech to serious industrial / scientific tech
- throwaway4good 4y agoYes. But the approaches are different. In the US you have the 250B chips act (which China has yet to match) and tech sanctions but you don’t really see company ceos invited into government. Also the old internet tycoons took lots of foreign (US) capital whereas most of the new ones are under US sanctions.
- hunglee2 4y agoNo CEO's are invited into government in China - what is happening here is these CEO's have been given a platform to speak, the shift being from consumer tech to industry / hard science tech. Totally agree there are distinctions in approach, but general posture of 'frivolous internet bad / hard science and industry good' has been adopted by both PRC and USA