Nvidia Corp.’s plunge, fueled by investor concern about Chinese artificial-intelligence startup DeepSeek, erased a record amount of stock-market value from the world’s largest company.
The other encouraging factor is the very deliberate, very committed stance chinese industry has on the sharing of knowledge and industrial processes which allows them to iterate at a pace that western capital can only dream of.
It’s really incredible what can be achieved when you’re not worried about milking every individual patent for decades and making sure no cheaper, more efficient alternatives are available even if you have to invest money to buy them up and put them on the shelf.
Exactly, in the west competition between companies is a zero sum game. This precludes companies from cooperating on technology, and leads to a lot of duplicated effort as people reinvent the wheel over and over. In China, competition is often a positive sum game where everybody gets to learn from each other, and move forward together.
The other encouraging factor is the very deliberate, very committed stance chinese industry has on the sharing of knowledge and industrial processes which allows them to iterate at a pace that western capital can only dream of.
It’s really incredible what can be achieved when you’re not worried about milking every individual patent for decades and making sure no cheaper, more efficient alternatives are available even if you have to invest money to buy them up and put them on the shelf.
Exactly, in the west competition between companies is a zero sum game. This precludes companies from cooperating on technology, and leads to a lot of duplicated effort as people reinvent the wheel over and over. In China, competition is often a positive sum game where everybody gets to learn from each other, and move forward together.