131–140 of 349 posts
suddenly, dozens upon dozens of artificial intelligence startup that aims at better health trough translating nutritional information of produce into all the relevant languages and teach deep-learning improved version of traditional dishes to meet growing population need using local scooter forces to deliver fresh produce daily at people offices
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How is Chinese venture money more evil than Ambani owning everything?
>> How is Chinese venture money more evil than Ambani owning everything? Ambani can be dealt with a stroke of a pen when the goverment wants to. China on the other hand...
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> Companies being Ambani owned, while worse than a competitive market, is still much better than being Tencent owned. But better how, exactly?
Much more easier to control than China. Ambani doesn't have an "Ambani liberation army" backing him up. Think of it this way, why did China spin off Ant Financial out of Alibaba? Had it been in hands of foreign investors, it would be a huge issue later on if it became big. And if it became big, it would be much harder to spin it off that way. You can't spin off 100 billions and not expect strong retaliation from the…
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>> It's not China, it is Chinese VC money. No difference in China. Do what is good for the fatherland or your fiances, you personally and your family will suffer. >> I don't see that the Government can deal with Ambani so easily, or even antagonise him with impunity. So like many he's wayyy to powerful to deal with. But at least he is a local, not jeopardizing India's geopolitics. Just as he can control politicians,…
I think there's a qualitative difference in somebody merely very rich and a person like Ambani who is in the top 10 wealthiest people in the world. He is not quite a 'local' that the Government can just CBI-raid into intimidation like e.g. Prannoy Roy.
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I don't see how it's not alarming for Indians that one key person/company connected to the govt is the sole beneficiary of incoming businesses into India.
There is a cause for alarm, and some Indians do see that as a threat. Right now, Indian society is caught in a deep web of fake news, false narratives, and the conflating of what the govt is, what the nation is, and the difference between the two. Many competitors have raised a lot of questions about how Jio did not follow the rules (there are a lot to link) the basic one being a rule about giving free plans for more…
A few passing birdies told me that Sundarajan was far more enthusiastic about China, then India, and that he had quite some amount of aversion to his home market.
Is there an Indian-owned search engine? Displaced. Indian-owned news aggregator? Displaced.
Nothing more than the modern day process of creating a banana republic. Rich foreigners with massive amounts of capital can dominate the local business climate, strong lobbying will cement their dominance, and local businesses will have no chance to thrive.
Google has been funneling around 20 billion dollars yearly through Bermuda to evade taxes using the infamous 'irish double sandwich'. Pressure from the US and EU is finally forcing Ireland to change their laws. Google is in a situation when they have money that they need to figure out a plan for since they can't do as much tax evasion as they previously were permitted to. https://www.caymancompass.com/2020/01/02/goog…
No tax evasion is ever permitted, by definition. (Tax owed and not paid.) Finding ways to reduce tax liability (rational) is called tax avoidance . (Tax not owed, and obviously not paid.)
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The US will act against any threats to their position. Although India has the potential to be a threat, so far it hasn't been and the more the US can invest in India and 'own' large swathes of key industries the better for the US but someday India may wake up to the fact that their economy is, or can be, larger than the US's and start acting accordingly.
China PR makes me question a lot of things. For example, I’ve always been told that protectionism doesn’t work but with the great firewall it seems to work just fine in China PR. How do I explain it?
Getting the feeling China has blown it and successful companies looking to expand into Asia are now looking at India instead. I also saw that Foxconn is looking to build Apple products in India now too.
I'm pretty sure that we're at the point where no one and nothing is putting the Chinese genie back in the bottle. I don't agree with the CCP on many things, but China has stood up. At this point the Chinese ascent can only be slowed down but they will only go down if they implode. Which I don't think anyone wants.
More corporate imperialism. This will only further the wealth gap between domestic companies and companies owned/backed by google. Is there an Indian-owned search engine? Displaced. Indian-owned news aggregator? Displaced. Nothing more than the modern day process of creating a banana republic. Rich foreigners with massive amounts of capital can dominate the local business climate, strong lobbying will cement their do…