Taiwan's UMC admits to stealing trade secrets for Chinese company

[kankan326]

The US has the largest economy in the world, with the most advanced science and technological base, with the greatest universities and companies in the world.

China is second rate Beidou. The fact China has to steal so much in American know how just solidifies that. China doesnt have the innovative minds to match the US. China will always be playing catch up.

Just like how SpaceX is the first mover in reusable rockets and sending humans to Mars.

And how Tesla is the first mover in EVs and FSD, and scaling up to replace ICE vehicles. China has been left behind again and you dont even realize it. And here you are yapping about worthless statistics.
Thats why China is constantly eating our dust. You dont know how to dream big and execute your vision.

If you look back human history, you would find innovations always happened in the rich countries. The key role of innovation is money. Money creates demand/market for top notch technologies. Money builds nests for new technologies because innovations are expensive and need huge investment.

US becoming innovation center is the result of US becoming richest country. It is not because Americans are innovative or have some innovative culture. Both SpaceX and Tesla are products of capital games.

Bad news for US innovation is, US is getting poorer and China is getting richer. When US dollar loses world dominance, we will see a not so much innovative US.

 

[shanlung]

If you look back human history, you would find innovations always happened in the rich countries. The key role of innovation is money. Money creates demand/market for top notch technologies. Money builds nests for new technologies because innovations are expensive and need huge investment.

US becoming innovation center is the result of US becoming richest country. It is not because Americans are innovative or have some innovative culture. Both SpaceX and Tesla are products of capital games.

Bad news for US innovation is, US is getting poorer and China is getting richer. When US dollar loses world dominance, we will see a not so much innovative US.

Murica will get brokerer by the month and by the week!
Whoever the president of Murica must go on bended knees and hands and que behind Modi at Beijing to kowtow 3 times to Xi Dada with their begging bowls.

Long-term forces stack up against the dollar
https://www.ft.com/content/654f724d-e694-4ba5-b525-1f057b841a53