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by Jyaif
2771 days ago
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FYI, China is investing in the long run (20 years+). A couple of points that leads me to think China will dominate the world in the next decades (if it has not started already): * With the Belt and Road initiative China is building deep relationships with half of the countries of the world. * Their industry is not slowed down by regulation, so they iterate and learn quickly.
For example, some people think they'll be the first to widely deploy self driving cars. Yes there will be a ton of accidents because their technology will suck at first, but they'll be able to improve faster than any company in the west.
An other example is everything related to medicine (e.g. gene editing). * Their culture values hard work. If it were not for the quotas MIT would be 70% asian. |
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