Ex-Google boss Eric Schmidt: US 'dropped the ball' on innovation

Re:Ex-Google boss Eric Schmidt: US 'dropped the ball' on inn... by raverbashing on Sunday September 13, 2020 @04:44AM (#24459414)

I kinda agree with you.

But the issue I see is that innovation is a bit like herding cats. You can't really push for it. And even in the US, most of it is located on 2 cities. And of course, being on SV it is much easier to get you a check for 10Mi dollars for a worse idea than 1Mi or even 100k in Europe

I don't see China's "innovation" as being much that (maybe except in AI and maybe ByteDance is a new thing, still) but more scaling up known solutions (ecommerce, fb on steroids in the form of wechat, etc) and market protection.

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Re:Ex-Google boss Eric Schmidt: US 'dropped the ball' on inn... by bllguo on Sunday September 13, 2020 @05:42AM (#24459646)

getting things to work at scale is nontrivial. I would expect hn of all places to understand that

and other industries they have a lead in include drones, solar technology, EV (arguable).. considering the unparalled hardware ecosystem in Shenzhen/the PRD, I expect more and more industries will be getting added to the list

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Re:Ex-Google boss Eric Schmidt: US 'dropped the ball' on inn... by raverbashing on Sunday September 13, 2020 @06:27AM (#24459861)

> getting things to work at scale is nontrivial

Agreed, non-trivial but also not rocket science (at least not now - I guess it's easier today than at the beginnings of twitter and fb for example) and throwing money at the problem usually helps.

Agree on the other industries, and maybe their innovation is building things more cheaply than other places (externalities aside)

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