Most of HN is still repeating the mantra "china can't innovate" et al. For all the talk in HN about this idea of the incumbent not seeing the faster startup until it's too late, you'd imagine you'd wisen up faster.
Below I'm collecting from this thread examples of people just repeating the "don't worry guys, they still aren't doing that well"-type talking points:
> china can't innovate
> ah, but the best chinese students move to the US
> oh, but their corporate debt is really high!
> they are held back by an authoritarian regime
> they are culturally and linguistically not homogenous
It's hubris. It's hubris about democracy. It's hubris about freedom. It's hubris all inspired by privilege. Built on the back of immigrants. Most people doing research in America, on backs of which American business prospers are immigrants. But really Americans are not taught to appreciate what props up the elite in the country. They simply focus on getting what they feel is their birthright. That sort of thing works for a while. Then entropy kicks in. Along with real competition. And that really shows what you are a made of. Get ready for it. It's coming and coming up fast. A billion hungry Chinese, just itching to get a piece.
Below I'm collecting from this thread examples of people just repeating the "don't worry guys, they still aren't doing that well"-type talking points:
> china can't innovate
> ah, but the best chinese students move to the US
> oh, but their corporate debt is really high!
> they are held back by an authoritarian regime
> they are culturally and linguistically not homogenous