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They have the entire resources of their state available for funding. They will catch up and pass the West. Take nuclear weapons: even Pakistan and North Korea
by SanjayMehta 2mo ago
They have the entire resources of their state available for funding.
They will catch up and pass the West.
Take nuclear weapons: even Pakistan and North Korea were able to catch up.
- defrost 2mo agoPoor examples. Pakistan with a lot of Saudi backing, NK with a lot of Chinese backing. That aside, China will master chip making at bleeding edge global scale, just as it did with EVs and rare earth processing, etc.
- SanjayMehta 2mo agoHow is it a poor example? State level resources - even from decrepit countries like Pakistan and NK - will ALWAYS beat VC funding or whatever.
- defrost 2mo agoBecause internal state level resources in Pakistan and NK didn't get them nuclear weapons, both countries required external assistance. The point being made about China is that China secured a production monopoly on rare earth processing entirely on its own. As it did for EV's and will do for dense chip fabrication.
- SanjayMehta 2mo agoExternal assistance for sure, from state actors who would never assist a VC funded startup. Your point about China is exactly the same as mine. A state determined to build something will eventually succeed, especially if it's a country as single minded as China.