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UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

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Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#121
post #37

Earlier quoted context omitted.

China sends a pile of money to Africa. But there is a growing disillusionment with their investments. For example, they would promise to develop infrastructure in exchange for mineral rights. So they move in a large number of Chinese, creating zero local jobs. Then they mine out the resources as fast as possible and move out. And right after that, the infrastructure invariably falls apart. They can only screw so many…

Zimbabwean here: our elite will take money from whoever will give it and make nice noises and when the time comes to pay it back in some way that involves and actual cost to themselves..........will find the next donor. The Chinese (and any other country) will only get out of Africa that which they can demand today quid-pro-quo. There won't be any loyalty.

Here, the carrot is more money of course.

And the stick is sanctions, and then regime change/military action/etc if other countries don’t protest too much.

This has worked pretty well for the US for the last 70ish years. The same playbook can work for China, they are betting.

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#122
post #121
post #37

Earlier quoted context omitted.

Zimbabwean here: our elite will take money from whoever will give it and make nice noises and when the time comes to pay it back in some way that involves and actual cost to themselves..........will find the next donor. The Chinese (and any other country) will only get out of Africa that which they can demand today quid-pro-quo. There won't be any loyalty.

Here, the carrot is more money of course. And the stick is sanctions, and then regime change/military action/etc if other countries don’t protest too much. This has worked pretty well for the US for the last 70ish years. The same playbook can work for China, they are betting.

Zimbabwe has faced sanctions regularly - it's of little interest because it doesn't really disempower the elite.

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#123
post #110

Earlier quoted context omitted.

> The US tech sector was primed and bootstrapped almost entirely without government money This is mostly wrong, if you read the enterpreneurial state.

origin_path is correct. US government money (i.e., defense spending) postwar largely went into directly military-applicable areas like aircraft and missiles. Bell Labs didn't create the transistor using defense money. TI and Intel didn't create the microprocessor using defense money. In turn, the major postwar defense advances—hydrogen bomb, nuclear submarine, ICBMs, satellite recon—were all developed pre-microproces…

You are missing the foreat for the trees. Everyone is always taling about companies - guess what, they are made up of individual people with skills.

All the people who built wonderfull military technology were trained on the government payroll and after the war they were avaliable for employment by corporations. Loom at how microwave was invented

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#124
post #110

Earlier quoted context omitted.

origin_path is correct. US government money (i.e., defense spending) postwar largely went into directly military-applicable areas like aircraft and missiles. Bell Labs didn't create the transistor using defense money. TI and Intel didn't create the microprocessor using defense money. In turn, the major postwar defense advances—hydrogen bomb, nuclear submarine, ICBMs, satellite recon—were all developed pre-microproces…

You are missing the foreat for the trees. Everyone is always taling about companies - guess what, they are made up of individual people with skills. All the people who built wonderfull military technology were trained on the government payroll and after the war they were avaliable for employment by corporations. Loom at how microwave was invented

>Everyone is always taling about companies

The usual claim is "Silicon Valley was created by the US military", or "Silicon Valley was created by US government contracts". That just isn't true.

Again,

>Loom at how microwave was invented

That has nothing to do with Silicon Valley. Microwave ovens were

* accidentally created during work on military microwave communications, yes, but

* it was commercialized by existing industrial and appliance companies, as opposed to new Silicon Valley startups

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#125

Earlier quoted context omitted.

Yeah, even something “simple” like a replacement of Visa or Mastercard is quite complicated.

It isn't simple because Mastercard literally runs the interbank payment network for the UK.

Which is why simple is in quotes.

“Simple”, as in everyone takes it for granted

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#126
post #53

Earlier quoted context omitted.

The international airport in Honiara is called “Henderson Field” and not whatever name the Japanese gave their airfield. Based on historical precedents, it might be premature to say that a naval base in the Solomons means game over for Australia.

No one knows how a military conflict between China and Australia would end. I can’t imagine it helps Australia to have a major naval military installation between Australia and one of its major allies however.

I don't imagine it would either, which is I assume why someone said something pointed to the government of the Solomons. Maybe someday, but for now China isn't really in a position to try to rebase outside the First Island Chain without permission.

https://www.theguardian.com/world/2022/jul/14/solomon-island...

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#128
post #111
post #74

I've spoken with Hauser about this - his point (in 2012 when I had the conversation) was that the UK simply did not have access to a market big enough to support a global champion. I said (given the date) but what about the EU and he said no, because in fact the single market is fractured and filled with barriers. I asked well, what about French and German Tech companies? Hauser looked at me and said : yes.

>I asked well, what about French and German Tech companies? >Hauser looked at me and said : yes. What does "Yes" mean?

Well, there's one large German Tech company - SAP.

But no French or British ones.

Re: UK Has ‘No Chance in Hell’ of Making Its Own Tech Champs: ARM Founder

#129
post #77
post #74

I've spoken with Hauser about this - his point (in 2012 when I had the conversation) was that the UK simply did not have access to a market big enough to support a global champion. I said (given the date) but what about the EU and he said no, because in fact the single market is fractured and filled with barriers. I asked well, what about French and German Tech companies? Hauser looked at me and said : yes.

> I've spoken with Hauser about this - his point (in 2012 when I had the conversation) was that the UK simply did not have access to a market big enough to support a global champion. Samsung, Hyundai/Kia, TSMC, Toyota, etc. A lot of local brands have figured out that you can bootstrap a product locally and then just focus relentlessly on the American market, after which you can practically conquer the world. Asian co…

The market that they access is essentially the USA. They got allowed in for political reasons and the USA can tolerate that.
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