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A comment on US to ban transactions with ByteDance and WeChat in 45 days. Parent comment

Re:US to ban transactions with ByteDance and WeChat in 45 days by api on Friday August 07, 2020 @07:15AM (#24080657)
Those are innovative fields. The US has a clear lead in aerospace and is among the leaders in materials. We've lost our lead in chips not to China but to Taiwan, a comparatively more liberal Asian country. The gap is not huge (yet) so it's possible that the US will regain its fab lead... if we want it. I think it's more likely in the short term that the US will make deals to get TSMC to build high-end fabs here for strategic reasons.

I'm sure China will manage to copy a Boeing 737 pretty soon, which is 1960s technology. Meanwhile we are doing:

https://boomsupersonic.com

https://www.spacex.com

... and who-knows-what at places like Area 51. :)

Last I checked China's most advanced fabs were doing 28nm, but that was in 2019. By now they've probably started to get EUV working as they feverishly race to copy TSMC. I would not be surprised if Chinese fabs are literal exact copies of prior generation TSMC and Intel fabs, since it takes time to steal inside information.

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Re:US to ban transactions with ByteDance and WeChat in 45 days by bakuninsbart on Friday August 07, 2020 @08:33AM (#24081140)
In 2019 China landed a spacecraft on the far side of the moon. [1] Two months ago, China successfully launched its first rover to Mars [2]

I think it is hardly arguable that China has the most technologically advanced retail market in the world. - Ordering everything online from food to furniture, paying everywhere else by mobile phone, introducing state-sanctioned digital currency [3], and it is closing the gap or even pulling ahead in many other fields as well.

[1] https://www.washingtonpost.com/science/2019/01/03/china-land...

[2] https://www.bbc.com/news/science-environment-53504797

[3] https://www.scmp.com/economy/china-economy/article/3096296/c...

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Re:US to ban transactions with ByteDance and WeChat in 45 days by sukilot on Friday August 07, 2020 @09:42AM (#24081673)
How is digital currency different from debit/credit/ETF/Wire etc?
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Re:US to ban transactions with ByteDance and WeChat in 45 days by mullingitover on Friday August 07, 2020 @03:55PM (#24085847)
Just look at how reliant the US is on the antiquated ACH transfer system. We're in the year 2020 and it's literally faster to mail someone cash in many cases.
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Re:US to ban transactions with ByteDance and WeChat in 45 days by rumanator on Friday August 07, 2020 @08:02AM (#24080967)
> I'm sure China will manage to copy a Boeing 737 pretty soon, which is 1960s technology. Meanwhile we are doing:

Well, good enough is good enough. Boeing 737 is currently the most popular plane, and if China's regime manages to steal enough tech to be able build an equivalent product, even if it steals only 60s technology, then China's regime will be in a position to outcompete Boeing based on metrics that matter such as cost or soft power.

It really doesn't matter who has the cutting-edge after a point of diminishing returns. When that point is reached, good old economics start to become the leading criteria.

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Re:US to ban transactions with ByteDance and WeChat in 45 days by whatshisface on Friday August 07, 2020 @09:56AM (#24081836)
With passenger planes, the cutting edge is in economy.
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Re:US to ban transactions with ByteDance and WeChat in 45 days by boringg on Friday August 07, 2020 @08:26AM (#24081094)
Boom - very cool aircraft hadn't seen their products yet but had seen the Virgin news. edit: spelling their.
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