[chaostheory]

I'm not ashamed of calling out an embarrassing but true problem with China, nor have I said that the US is perfect; in fact overall I feel that the US is probably on a steady decline if things don't change but that's another subject that most people on HN are more familiar with, so I'm not as inclined to comment on that.

I am not saying world changing innovation is impossible in China. I am saying that it's much harder to achieve compared to other places given the current conditions. Given China's size and access to capital, if the bad conditions that I describe were to improve there would be a 1000 more DJI level companies.

> If the only innovation is some stupid IOT microwave made (with heart emoji) in Silicon Valley

Silicon Valley has long existed before the 90's. Its tech culture is almost as old as the PRC itself if not older. This is the level of world changing innovation that I'm talking about that I feel currently eludes China: http://www.swinnovation.co.uk/2011/05/southwest-celebrates-5...

The only place China has a huge advantage in is with biotech, since Western culture as a whole has a lot reservations with its advancement in certain taboo areas.