Western companies focused on profits, so they will have to compete with a country built to build. ASML does not respect its workers, so I argue it no longer should profit from its current technology moat advantage. The West actively chose this path. They could’ve done better, it was a choice not to.
It’s sort of humorous in a long story arc sort of way that the USSR lost to the US (and to a lesser extent, Europe), who will now end up losing to China. You just have to focus on building and maintaining the ability to build, and staying focused on building the right things. A case study in state capacity and good governance.
Want to bet on it? I’m happy to propose date and resolution criteria, and will consider reasonable proposals. Trajectories are clear, and unlikely to change. The US and Europe, while not terminal, will never be able to catch up to China (I argue).
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Preferably not.
Western companies focused on profits, so they will have to compete with a country built to build. ASML does not respect its workers, so I argue it no longer should profit from its current technology moat advantage. The West actively chose this path. They could’ve done better, it was a choice not to.
It’s sort of humorous in a long story arc sort of way that the USSR lost to the US (and to a lesser extent, Europe), who will now end up losing to China. You just have to focus on building and maintaining the ability to build, and staying focused on building the right things. A case study in state capacity and good governance.
You say that as if it’s a foregone conclusion.
Want to bet on it? I’m happy to propose date and resolution criteria, and will consider reasonable proposals. Trajectories are clear, and unlikely to change. The US and Europe, while not terminal, will never be able to catch up to China (I argue).
https://longbets.org/
This piques my interest but I'm also not keen to reveal my identity (seems like you have to use your name at longbets.org)
Let me think about it.
In the meantime, how would you frame the bet?