Earlier quoted context omitted.
Yup Except that it is only local or small risk minimization; the catastrophic existential risks end up maximized to the point of becoming inevitable. With companies, the MBAs happily optimize away anything that isn't immediate revenue. So manufacturing gets offshored, along with all the deep knowledge of how to make things. R&D gets shrunk and minimized because it is a quarterly expense with returns not immediately s…
>...all that know-how was stolen by China, who isn't interested in quarterly profits, but in global hegemony... This seems a little simplistic? "China" isn't a monolith, and I'm pretty sure Chinese companies are just as interested in quarterly profits as Western ones. It's not like they're all state enterprises. And they didn't "steal" know-how - they earned it, by doing stuff (aside from the odd case of corporate es…
In as far as United States is a democracy, it is not interested in global "hegemony". It is interested in Democracy spreading all over the world. Democracy is not hegemony but freedom for one person to have one vote and nobody being above the law. Of course that could change. A Nazi party could gain the power in US. Then you could say that US is interested in global hegemony for sure.