Earlier quoted context omitted.
> It's a very capitalistic view to think that the only motivation to innovate is the profit motive. But isn't your entire argument self-contradictory with the story? This isn't a case of them developing them same thing and then, say, ignoring being sued over patent infringement or something. This is them just taking it instead. If your argument was right that IP wasn't useful for innovation, then they wouldn't need t…
I think he's trying to say that there could be an argument made for catching China up to the rest of the world, so that they can spend their resources innovating on new things, not just trying to get caught up. It's not hard to see how that would be a net benefit for the world (except of course for the Western IP holders). Please don't think I'm supporting this, just trying to see this side of the argument.
Hard for me to feel that all that influence over the next century going to the particular flavor of country that is modern China is gonna be good for the rest of the world, though.
But, interestingly, that's not an IP-related argument, that's a political system one.