[landryraccoon]

I'm curious what you think this confidence buys the west. Like, is it actually beneficial to be overconfident? Let's say you're right and he's wrong. The consequence of overestimating China is slight. So, we were a little worried when we didn't have to be.

On the other hand, the consequences for a nation or a business of underestimating China could be catastrophic. It could mean finding your business or nation suddenly cut off by a competitor you didn't plan for. It seems to me that rational self interest alone should bias the west towards overestimating rather than underestimating China.

It almost feels like an anxious insecurity, as if admitting that China might catch up might make it so, when sticking our heads in the sand about the possible threat is way more likely to ensure we are overtaken.

[omilu]

“Every minute I spent thinking about competitors was a minute wasted” -PG

[landryraccoon]

That's talking about a startup. Europe and the United States aren't startups.