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China Is Nationalizing Its Tech Sector

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Re: China Is Nationalizing Its Tech Sector

#101

Post by crdoconnor »

anoncoward111 wrote: post #80
diego_moita wrote: post #35

Earlier quoted context omitted.

The first catastrophic failure of the Soviet Union was agriculture. When the West was beginning Borlaug's Green Revolution they were deep into Stalin's great famine, the Holodomor. Their inability to put bread on tables is at the root of their collapse. Most tragedies in China's recent history also have their cause on failure to produce food. I wonder how China is prepared to handle the impact Global Warming will hav…

>Stalin's inability to put food on tables = cause for USSR's failure I need to clarify something on this point. Stalin's famine was deliberately engineered to kill Ukrainians. It was not a failure of central economic planning, but actually, shockingly, a triumph. Stalin confiscated Ukrainian citizens' guns and land, and forced them to work 180 days per year on centrally planned crop attempts. The product of their lab…

This is pretty much how the Irish potato famine happened, too - they grew enough food, it was just exported - along with the wealth it generated.

The English justified it by invoking the divine right of the free market.

In the Soviet Union's case the money derived from exporting the grain abroad supposed to be to help industrialize - which it did.

It's a bit hazy whether or not it was deliberately engineered to kill off the Ukrainians. It hit every grain producing area of the Soviet Union - it just hit Ukraine the hardest.

Stalin may have simply been indifferent to their plight rather than actively trying to kill them.

Re: China Is Nationalizing Its Tech Sector

#102

Post by perpetualcrayon »

Some threads are discussing Chinese companies, at C-level, doing business in Chinese language in US.

I'm curious to know opinions folks around the world have about the likelihood that Chinese language will somehow become an important international language? In my (perhaps biased) mind it appears the world is already well on its way to adopting English as THE international language.

Re: China Is Nationalizing Its Tech Sector

#103

Post by seanmcdirmid »

perpetualcrayon wrote: post #102

Some threads are discussing Chinese companies, at C-level, doing business in Chinese language in US. I'm curious to know opinions folks around the world have about the likelihood that Chinese language will somehow become an important international language? In my (perhaps biased) mind it appears the world is already well on its way to adopting English as THE international language.

Chinese is much more important in the rest of Asian than it was 10 years ago because of tourism. English is still the best language to get a long with internationally, but things could change.

But I don't think Chinese will become a significant business language for the rest of the world since they, like Japanese companies were found to be, are mostly insular. Not a lot of foreigners work in Chinese companies, Chinese companies don't have a lot of international exposure, China doesn't allow for much (if any) non-Chinese immigration. The reason English became dominant is that America (and before that the UK) is much more globalized.

Re: China Is Nationalizing Its Tech Sector

#104

Post by loceng »

barrkel wrote: post #73
dalbasal wrote: post #32

The "trade war" thing has been the most/only interesting ideas to come from trump, to me. It was interesting in that he did recognized (fluked into?) an actual shift in public/expert position. China is the pro-trade side. They'll be willing to make concessions, do the work, etc. It's the beijing consensus now, not washington. Large american companies are still on the pro-trade side, being multinationals. They also ha…

> Who says a fake Gucci is a crime, if the buyer knows it's fake. It's not enough for the buyer to know it's fake, everyone who sees it must also know it's fake, or else the fake is freeriding on the cachet generated by Gucci's marketing. People buy prominently branded fashion objects for their signalling value more than their utility value. Signalling which is easy to fake isn't very valuable. It's perfectly possibl…

It's more important to know where your money/the profit is going IMHO, who is being rewarded for their effort, etc, what type of behaviour is rewarded/perpetuated.

Similarly, do we want to reward people who participate in and perpetuate Pyramid-Ponzi scheme-like structures?

Where money and resources flows will have an impact on quality of life, the amount of offspring, and the role modelling/knowledge/behaviours passed down through generations.

Re: China Is Nationalizing Its Tech Sector

#105

Post by loceng »

tmalsburg2 wrote: post #68
seanmcdirmid wrote: post #63

Earlier quoted context omitted.

I’ve worked for Microsoft in China, our C suite was all Chinese (well, many Taiwanese). The nearest foreigner headed up sales for the region, was a German. Americans were common, but they were almost all Chinese or Taiwanese who naturalized. Our SVP based in Redmond was also a Chinese (In charge of all of Microsoft Research and advanced research). He would try to conduct our meetings in Chinese, and then would demure…

Since when is China part of "continental Europe"?

Upvoted you as I don't think people should be downvoted especially for misunderstanding/misinterpreting what someone said..

Re: China Is Nationalizing Its Tech Sector

#106

Post by collyw »

alehul wrote: post #55
phyalow wrote: post #4

A picture is worth a thousand words. The sculpture outside the front of Tencents Shenzhen HQ. https://pbs.twimg.com/media/DXRIsWrVQAAJgjl.jpg

As someone with parents who experienced the USSR, this is what really terrifies me about China's rise, and the reason I can't say I'm against a trade war if it hinders them more than us. Imagine a world in which China holds more control... a country with little legal or social respect for individualism, where your fate is 'centrally planned' by how impressive your maths skills are. By contrast, ~30% of American billi…

> where your fate is 'centrally planned' by how impressive your maths skills are

Is it better than a fate that is generally determined by how rich your parents are? I give you that there are more options in the States, but this plays a huge role. Social mobility has been declining in the US.

https://en.wikipedia.org/wiki/Socioeconomic_mobility_in_the_...

Not saying I prefer the Chinese model, but most people prefer the idea of meritocracy to inherited wealth.

Re: China Is Nationalizing Its Tech Sector

#107

Post by collyw »

oxymoran wrote: post #76
baybal2 wrote: post #12

Comparison Baidu - Google Baidu is horrid, even in Chinese. Baidu doesn't have nearly as big stronghold on advertising in Chinese market as Google has in every market outside of China. End of discussion. Alibaba - Amazon On commercial side, Alibaba steamrolls Amazon with some margin remaining. Tech-wise, Alibaba sucks big time. Their search algo is something horrid. Alibaba has a relatively big part of Internet ads p…

Tencent is undisturbed by ads because it’s subsidized by the state to funnel user data back to the state. Tencent is one of the companies leading the development of the social credit system that the Chinese government is pushing. The only possible thing worse than Facebook funneling data for the highest bidder, would be Facebook funneling data directly to an oppressive state, which is exactly what Tencent is doing.

It's only worse because the oppressive state exists there and not here. You think the highest bidder would hesitate to sell it on to an oppressive state?

Re: China Is Nationalizing Its Tech Sector

#108

Post by throwaway414 »

alehul wrote: post #55
phyalow wrote: post #4

A picture is worth a thousand words. The sculpture outside the front of Tencents Shenzhen HQ. https://pbs.twimg.com/media/DXRIsWrVQAAJgjl.jpg

As someone with parents who experienced the USSR, this is what really terrifies me about China's rise, and the reason I can't say I'm against a trade war if it hinders them more than us. Imagine a world in which China holds more control... a country with little legal or social respect for individualism, where your fate is 'centrally planned' by how impressive your maths skills are. By contrast, ~30% of American billi…

  > By contrast, ~30% of
  > American billionaires
  > are dropouts.
How is it a contrast when more than ~50% of Chinese billionaires are dropouts? [1]

Added to that, of the 78 self-made women billionaires, 49 of them are from China. [2]

1. http://en.yibada.com/articles/195121/20170220/new-hurun-list...

2. http://www.scmp.com/business/china-business/article/2117158/...

Re: China Is Nationalizing Its Tech Sector

#109

Post by SubiculumCode »

reeedom wrote: post #74

Actually this is not even close to nationalization. The article's title is misleading even by the standard's of the article, which goes on to call it, "quasi-nationalization". But even that is misreading the situation. The objective is not "control" of the tech sector as the article pretends, it is just greater collaboration. So the state and tech companies can both benefit. The state doesn't want the burden of takin…

Enjoy your promotion in China.

Re: China Is Nationalizing Its Tech Sector

#110

Post by SlapHappy »

tischler wrote: post #91
Wh1zz wrote: post #85

Earlier quoted context omitted.

Yes, comrade, you are so very right! It is much more useful for us to see the truth of how great China and it's future are! Truly there is no need to worry, the Party will take care of all!

beep boop Detected sarcasm directed at our great China and our great party in citizen d59e769233b8502f567e082527400594. Deduct 10 social credit points. 2 social credit points can be immediately regained by three recitations of "和谐社会". beep

Can we keep the Reddit jingoism to Reddit? This site is intended to be a welcome reprieve from the vacuous discussions elsewhere.
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