Earlier quoted context omitted.
China just passed pretty strict rules on data, particularly on state secrets and personal information. Would be curious to hear why this counts as nonexistent?
Do you have a link to a source handy?
VC from Asia is skyrocketing
61–70 of 100 posts
Re: VC from Asia is skyrocketing
#62> VC from Asia is skyrocketing, threatening to shift power over innovation "Threatening" to whom? Not to Asians. This is an offending us/euro-centric title in a global age...
You're assuming the wrong definition of threatening.
It's meant as "to announce as intended or possible".
That's true whether you're Asian or not.
Re: VC from Asia is skyrocketing
#63[flagged]
Same here. This should not be allowed.
Re: VC from Asia is skyrocketing
#64I think it's always strange that the media frames this as "threatening" to shift power. On the one hand I agree that I would like to keep America investing in R&D to create the next great innovation that revolutionizes the world, on the other hand I do not fear other countries of the world overtaking us. I frankly think it's awesome to see other countries of the world investing and leapfrogging off of American innova…
> I think it's always strange that the media frames this as "threatening" to shift power. Why is it strange? That's the purpose of a nation's propaganda organizations. The chinese media does the same thing. Every nation's media does it.
> That's the purpose of a nation's propaganda organizations. The chinese media does the same thing. Every nation's media does it.
That's simply not true. Chinese media is state-controlled and is required to promulgate their messages. U.S. media (and the media in most other free countries) are private organizations, most of which certainly do not publish what the government likes. Just ask any U.S. President, especially the current one, what they think of the news media.
But let's again have new accounts (and old ones) appear to say that China and the U.S. are the same. It gets more interesting every time I read it.
Re: VC from Asia is skyrocketing
#65> VC from Asia is skyrocketing, threatening to shift power over innovation "Threatening" to whom? Not to Asians. This is an offending us/euro-centric title in a global age...
> "Threatening" to whom? Not to Asians.
As others have said, the parent misinterprets the meaning if 'threatening'.
It also has no basis for the opinions of Asians, an incredibly large and diverse group of billions of human beings from Turkey to India to Japan to Kazakhstan to Russia to Indonesia to the Philippines to etc etc. To suggest all these people share the same opinion is absurd.
Re: VC from Asia is skyrocketing
#66Earlier quoted context omitted.
> Because it already achieved that "level of digital payment smoothness" with credit cards? Whether the two are equivalent depends on the transaction costs of the two models. According to the Economist: "Visa and MasterCard extract over 0.10 cents of net income for every dollar of payments. Ant takes a smaller cut, of less than 0.03 cents." https://www.economist.com/news/business/21726713-ant-financi... Perhaps more…
> Whether the two are equivalent depends on the transaction costs of the two models. I don't think we're not talking about exact, feature-for-feature, cost-for-cost equivalence. Both these systems have the same or similar "level of digital payment smoothness" from the customer perspective. At least with credit cards, those fees are on the merchant side not part of the customer experience equation.
If one tries to pay when merchants don't eat the fees, e.g., paying real estate tax online where the county tax collector charges a 2+% convenience fee for credit cards, one definitely would see the difference. In other cases where merchants eat the fees, they are just passed on to the buyers, though many cards do rebate their holders part of the fees as "rewards".
Re: VC from Asia is skyrocketing
#67I remember The Economist doing a piece on this fairly recently[0] that talked exclusively about how China's tech VCs and established corporations (referring to the likes of Alibaba/Tencent) are challenging (and to a certain extent dethroning) Silicon Valley "monopoly" when it comes to investing in innovation/R&D in super critical areas like A.I., for example. One huge advantage Chinese corporations and startups have…
This may sound naive, but how does IP Theft even work? I've worked as a software engineer for over 12 years at over half a dozen companies, with codebases numbering in the millions of lines of code and I have yet to see any software or code I could imagine anyone would want to steal. And if you really needed some code, I'm sure it's available somewhere as open source. And wouldn't the open source code be much more pr…
If you can simply copy the entire hardware design, pcb layout, firmware etc. of an hydraulic press, milling machine, washing machine, surveillance camera, USB serial adapter, etc. you can get a sellable product out the door fast and a lot cheaper than starting from scratch and doing it all yourself.
Re: VC from Asia is skyrocketing
#68> VC from Asia is skyrocketing, threatening to shift power over innovation "Threatening" to whom? Not to Asians. This is an offending us/euro-centric title in a global age...
I mean, in addition to the possible miscommunication over the context of the word, it is an American news source discussing issues from an American perspective. I'd expect the same of any other country's news, really.
With that perspective in mind, it's definitely threatening given the rivalry between the U.S. and China. There's both the economic threat towards America's future prosperity as a country for technology, and the cultural threat that a country modeled like China will surpass a country modeled like the United States. The second one is what I find most concerning.
Re: VC from Asia is skyrocketing
#69[flagged]
https://news.ycombinator.com/item?id=10178989
https://news.ycombinator.com/newsfaq.html
Users usually post workarounds in the threads.
Re: VC from Asia is skyrocketing
#70[deleted]