421–430 of 645 posts
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If I was in china's position and so much is at stake, how can I go towards engineering all the tech from scratch when I can reverse engineer existing tech from west?
You wouldn't and you shouldn't. You should copy. It's what I would've done also. It's just what it is.
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Exactly. That's where this is heading, and the West-- as usual-- is pursuing quarterly profits and forgetting to look up.
> pursuing quarterly profits and forgetting to look up "Forgetting to look up" implies a desire or intent to do so. The United States - former leader of the collective West - made the choice decades ago to sacrifice everything on the altar of quarterly profits. All that remains are the consequences of that decision.
Domestically, we often put it this way: since it wasn’t made by God, we can definitely make it ourselves. It’s only a matter of time — if not this year, then next year; if we can’t do it next year, we’ll just keep going. This is how we approach everything. There is a small caveat, though. China was not actually that far behind in the semiconductor field in the past. The problem was that corruption and fraudulent proj…
IMO, the difference between East and West is money allocation. In west, especially in the US, there are a lot money in the private sector, they will take the risk and fund moonshot projects; in China, the state will (have to) play that role. Yes, 90% of the projects will fail in the portfolio, that's part of the game.
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Is there any other way to see it than just we are too divided and 50% of our own people just think we are the bad guys? What you describe is so obvious but one political side in the US at least pretends this isn't happening and actively does anything they can to hamper any response to it. I would love to be convinced otherwise because I am also part of the division, I truly don't understand the other side at all.
I think there was a time when the other side truly believed globalization and economic progress would turn the CCP into a democratic ally. Maybe both sides believed that for a while. What you see now is just the fragmented and incoherent remains of a failed philosophy that hasn’t yet come up with a coherent replacement, so we’re left adrift with no rational foreign policy from either side (in my opinion).
Domestically, we often put it this way: since it wasn’t made by God, we can definitely make it ourselves. It’s only a matter of time — if not this year, then next year; if we can’t do it next year, we’ll just keep going. This is how we approach everything. There is a small caveat, though. China was not actually that far behind in the semiconductor field in the past. The problem was that corruption and fraudulent proj…
> This is because it is not only a government policy, but also a Chinese way of thinking. Nothing can interrupt this process.
Is there any evidence that this kind of homogeneous "national character" is objectively real? Or is it just another story that people tell themselves?
China is a redistribute centralist State. It has to be: a narrow coastal region is hyper wealthy and to maintain territorial integrity it requires a strong government to tax there and spend elsewhere. Hence the infrastructure and construction boom. The high debt is a feature of the system, these are State backed enterprises that live on subsidy.
The upshot is this limits complexity. ASML is in NL for a reason. NL is a feature of Western Europe decentralization. Arguably, Europe conquered the world because its internal fragmentation fostered a rapid gain in complexity.
The US has cemented this into its own constitution and political culture. All talks about "Europe innovation" and "China catching up" are moot. Europe became a colony of the US post WWII and the integration needed to foster internal peace capped its capacity to grow complex. The US is now the most complex society on Earth and no other region can cope with that much complexity on that scale. Both Russia and China are held together by trading complexity off centrality.
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To be very fair, Chinese companies are also pursing quarterly profits. They're just better at scaling things up and down very fast because of immense supply chain options.
> immense supply chain options. so this begs the question - why isn't the west's own supply chain options as immense? My unresearched answer is that the gov't policies of the west doesn't induce it, while china's gov't does (which includes targeted subsidies, tax incentives and state driven finances). The "hidden" cost is that the workers in this supply chain isn't as well paid and isn't as powerful as the workers fr…
You can also see this in the German approach to energy trade with Russia.
This toxic idea needs to be put to bed. All it did was feed and enrich foreigners at the expense of locals and create supply chain dependencies that made themselves hostage.
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I would just be careful to discount the capitalist West. You’d have to be blind to ignore the massive overbuilding of property in China, which they are now demolishing. All of that wasted capital. Authoritarian regimes with controlled media always seem successful… until it doesn’t. Up until the USSR collapsed there were many prominent people in the West saying it was the superior system. The market test - meaning flo…
> You’d have to be blind to ignore the massive overbuilding of property in China, which they are now demolishing. Is it all being demolished, or is 95% of it being moved into? Because all those ghost cities that China was building that the news kept bitching about... Are now all full. Meanwhile, in the West, we have a housing shortage. Who looks the fool now...
Domestically, we often put it this way: since it wasn’t made by God, we can definitely make it ourselves. It’s only a matter of time — if not this year, then next year; if we can’t do it next year, we’ll just keep going. This is how we approach everything. There is a small caveat, though. China was not actually that far behind in the semiconductor field in the past. The problem was that corruption and fraudulent proj…
> This is how we approach everything. > This is because it is not only a government policy, but also a Chinese way of thinking. Nothing can interrupt this process. Is there any evidence that this kind of homogeneous "national character" is objectively real? Or is it just another story that people tell themselves?
Earlier quoted context omitted.
IMO, the difference between East and West is money allocation. In west, especially in the US, there are a lot money in the private sector, they will take the risk and fund moonshot projects; in China, the state will (have to) play that role. Yes, 90% of the projects will fail in the portfolio, that's part of the game.
There’s a NYT’s interview several months back where the journalist phrased it as in America, you have to prove success first to get funded. But in China, funding comes first and the successful companies emerge.