While I do generally agree with some statements in this article, there are many where I completely disagree. US technological prowess still shines in some areas, but has completely despaired in others.
Before I come to these points that I disagree, everyone should look around them and try to find one thing that is not "Made in China". For…
While I do generally agree with some statements in this article, there are many where I completely disagree. US technological prowess still shines in some areas, but has completely despaired in others.
Before I come to these points that I disagree, everyone should look around them and try to find one thing that is not "Made in China". For majority of people this will be impossible. Every one of these things that was Made in China, there is Chinse company behind it, that didn't exist 30 years before. So notion, that US is somehow special with regard of new and revolutionary companies might have been on point 30 years ago but not now.
Yes USA has Tesla, but China has in same period, yielded Nio, Xpeng, Li Auto, GAC, BYD and many more new car manufactures. Same goes for many other industries, Baidu, Tencent, Alibaba, Maituan, Huawei, Xiaomi, CATL, ZTE, OPPO, Lenovo, Haier, TikTok I could literally go whole day, all these companies are leaders in their own field and all were foundend in last 30 years.
US might have exceptional large number of Software unicorns, but in China, there were even larger number of manufacturing and software unicorns that have shown up in last 30 years, and many of those were build, on outsourcing of American jobs to China.
If US is to compete with China and win, it should also start manufacture again, yes US has "drive to build things", but it should have "drive to manufacture in US".
US is to lead the world with its technological prowess, we should avoid doing what we did in last 30 years, where some stuff was "Designed in USA" but in the end completely Manufactured in China. Because very soon more and more stuff will be Designed and Manufactured in China.
This means fixing US education, getting ideology out of universities (especially STEM) and also finally fixing US failing infrastructure. in the 1960 infrastructure was best in the world. Today it is still stucked in 1960.
You are correct up to a point about innovation by Chinese companies. But a great deal of the technology underlying such innovation was stolen from the US by spies and hackers; people don’t realize how many Chinese spies operate here and report back. And a great many Chinese scientists and engineers have gone to the US for STEM education.
Did the US education system make us ship manufacturing out of the United States? The same goes for infrastructure; how did that make us ship manufacturing overseas?
China has a certain advantage on infrastructure, policies for corporations, and visions on where they want to be headed as a sovereign state. Sidestepping any ethical content, the advantage of unopposed majorities is the ability to move ahead. Even a doomed project like the Tower of Babel could be built with unity and destroyed once that unity disappears. In our successful American corporations and in our less successful medical infrastructure, there is no ambiguity about who has authority to proceed. That has not been the case in America where your doctor cannot even get you the right treatment without asking somebody else's permission. If your processes impede the simple, the more complex undertakings begin at a great handicap.
One of the most difficult challenges when creating new businesses now is access to capital. VC/PE/Angels hold/control much of the investment capital and the first two quesions they ask are; how quickly can I exit, and how many multiples of my investment can I sxpect. If it's not 2 and 10, they pass.
Also, tech has extracted massive amounts of money from from municipalities. Uber/Lyft send 30% of all fares back to Silicon Valley. Grubhub, DoorDash and Uber Eats send 30+% of the cost of the meals they deliver back to SV. Don't even get me started on Amazon. Not that what they're extracting isn't bad enough, but most of them don't make a profit for their investors. When locals start to develop better local alternatives, there's no capital to help. I've had success on a national basis developing local restaurant owned delivery co-ops, but can't find the capital to compete in a meaningful way.
While I'm at it, I believe the most meaningful reform needs to happen on the student loan front. It's not only resulted in out of control tuition costs that will never be paid back, but's it's also (imho) the number one cause for the liberal arts programs becoming indoctrination centers. Who can actually make a case that spending $100K on a 'Studies' program will provide any ROI for the student? Forgive the debt (I know, lots of reasons not too, especially from parents like me who personally paid for our kids) and sever future government funding. It's worth the price to get the schools out of the indoctrination business. Let the schools take the risk on loans and see how much they'll risk on a "whatever' studies degree.
While I love the tone of the article, we have some serious infrastructure changes needed before we can facilitate the next generation of innovation and culture change.
I am European living and working in China married to American. When I see what kind of state of the art infrastructure in China has been built in last 20 years, I get nervus for future of US and Europe.
I always say to my wife, when we visit my family in Europe, we take travel machine and arrive in early 1990 with regard topics of infrastructure. When we go to visit her family in US, it is like traveling to 1960. When we are back in China, we are in 21 century. And this is not only for high speed rail and ports and airports, but for simple roads and bridges.
West needs to get itself together and start fixing its basic infrastructure, if not, it will fall so far behind, that it wound be feasible to catch up. And all new innovations will be coming from elsewhere.
This might be true, but when you look at state of LA, NYC, Chicago and other large US cities (homeless issues, opioid epidemic, woke ideology in public schools...).
CCP cant limit China to that extent, that woke policies can destroy USA.
Answer can be best given with german word - Jain => meaning Yes and No.
Up to 2017 it was completely normal to see people defecating on the streets (partly caused by lack off public toilets and party by simply not wanting to use public toilets). This was followed by public outrage and numerous videos on Chinese social media of people relifing themselves on public spaces (streets, even planes).
In 2017/2018 there was huge public campaign followed with building huge number of public toilets and crack down on people going to toilet on the streets or other public places.
Since then this has been largely stamped out, so you have "normal" amount of people doing it on the streets (mostly small kids and males who had to much to drink).
While I do generally agree with some statements in this article, there are many where I completely disagree. US technological prowess still shines in some areas, but has completely despaired in others.
Before I come to these points that I disagree, everyone should look around them and try to find one thing that is not "Made in China". For majority of people this will be impossible. Every one of these things that was Made in China, there is Chinse company behind it, that didn't exist 30 years before. So notion, that US is somehow special with regard of new and revolutionary companies might have been on point 30 years ago but not now.
Yes USA has Tesla, but China has in same period, yielded Nio, Xpeng, Li Auto, GAC, BYD and many more new car manufactures. Same goes for many other industries, Baidu, Tencent, Alibaba, Maituan, Huawei, Xiaomi, CATL, ZTE, OPPO, Lenovo, Haier, TikTok I could literally go whole day, all these companies are leaders in their own field and all were foundend in last 30 years.
US might have exceptional large number of Software unicorns, but in China, there were even larger number of manufacturing and software unicorns that have shown up in last 30 years, and many of those were build, on outsourcing of American jobs to China.
If US is to compete with China and win, it should also start manufacture again, yes US has "drive to build things", but it should have "drive to manufacture in US".
US is to lead the world with its technological prowess, we should avoid doing what we did in last 30 years, where some stuff was "Designed in USA" but in the end completely Manufactured in China. Because very soon more and more stuff will be Designed and Manufactured in China.
This means fixing US education, getting ideology out of universities (especially STEM) and also finally fixing US failing infrastructure. in the 1960 infrastructure was best in the world. Today it is still stucked in 1960.
You are correct up to a point about innovation by Chinese companies. But a great deal of the technology underlying such innovation was stolen from the US by spies and hackers; people don’t realize how many Chinese spies operate here and report back. And a great many Chinese scientists and engineers have gone to the US for STEM education.
Did the US education system make us ship manufacturing out of the United States? The same goes for infrastructure; how did that make us ship manufacturing overseas?
China has a certain advantage on infrastructure, policies for corporations, and visions on where they want to be headed as a sovereign state. Sidestepping any ethical content, the advantage of unopposed majorities is the ability to move ahead. Even a doomed project like the Tower of Babel could be built with unity and destroyed once that unity disappears. In our successful American corporations and in our less successful medical infrastructure, there is no ambiguity about who has authority to proceed. That has not been the case in America where your doctor cannot even get you the right treatment without asking somebody else's permission. If your processes impede the simple, the more complex undertakings begin at a great handicap.
You're absolutely right. Well said!
One of the most difficult challenges when creating new businesses now is access to capital. VC/PE/Angels hold/control much of the investment capital and the first two quesions they ask are; how quickly can I exit, and how many multiples of my investment can I sxpect. If it's not 2 and 10, they pass.
Also, tech has extracted massive amounts of money from from municipalities. Uber/Lyft send 30% of all fares back to Silicon Valley. Grubhub, DoorDash and Uber Eats send 30+% of the cost of the meals they deliver back to SV. Don't even get me started on Amazon. Not that what they're extracting isn't bad enough, but most of them don't make a profit for their investors. When locals start to develop better local alternatives, there's no capital to help. I've had success on a national basis developing local restaurant owned delivery co-ops, but can't find the capital to compete in a meaningful way.
While I'm at it, I believe the most meaningful reform needs to happen on the student loan front. It's not only resulted in out of control tuition costs that will never be paid back, but's it's also (imho) the number one cause for the liberal arts programs becoming indoctrination centers. Who can actually make a case that spending $100K on a 'Studies' program will provide any ROI for the student? Forgive the debt (I know, lots of reasons not too, especially from parents like me who personally paid for our kids) and sever future government funding. It's worth the price to get the schools out of the indoctrination business. Let the schools take the risk on loans and see how much they'll risk on a "whatever' studies degree.
While I love the tone of the article, we have some serious infrastructure changes needed before we can facilitate the next generation of innovation and culture change.
We don't send money to Silicon Valley, we send it to Wall Street via people like this author.
What? Don’t give up your day job Michael.
I fully agree.
I am European living and working in China married to American. When I see what kind of state of the art infrastructure in China has been built in last 20 years, I get nervus for future of US and Europe.
I always say to my wife, when we visit my family in Europe, we take travel machine and arrive in early 1990 with regard topics of infrastructure. When we go to visit her family in US, it is like traveling to 1960. When we are back in China, we are in 21 century. And this is not only for high speed rail and ports and airports, but for simple roads and bridges.
West needs to get itself together and start fixing its basic infrastructure, if not, it will fall so far behind, that it wound be feasible to catch up. And all new innovations will be coming from elsewhere.
This might be true, but when you look at state of LA, NYC, Chicago and other large US cities (homeless issues, opioid epidemic, woke ideology in public schools...).
CCP cant limit China to that extent, that woke policies can destroy USA.
I wonder about China. About woke policies? I don't think many here would disagree with Ya, M. Raziel.
Answer can be best given with german word - Jain => meaning Yes and No.
Up to 2017 it was completely normal to see people defecating on the streets (partly caused by lack off public toilets and party by simply not wanting to use public toilets). This was followed by public outrage and numerous videos on Chinese social media of people relifing themselves on public spaces (streets, even planes).
In 2017/2018 there was huge public campaign followed with building huge number of public toilets and crack down on people going to toilet on the streets or other public places.
Since then this has been largely stamped out, so you have "normal" amount of people doing it on the streets (mostly small kids and males who had to much to drink).
China is leader in all of these fields. Majority of world industry robots are manufactured and utilized in China.
Same goes for all forms of automations, machine learning.
Renewables => solar, wind, battery technologies are all developed in China and China is leader in these fields.
China is uncontested leader in 5G.
Raziel...China also leads in Coal plants, with plans for 120 more...how dumb?
I think it should also be considered how much of that IP China is stealing from the U.S.