>Jack Ma will be marginalized and replaced with a CCP insider.
Jack Ma is an CCP insider. I think it would be better described as "trusted" CCP insider.
Alibaba ( And Tencent ) already has those CCP insider within the company. ANT less so before, but will now surely get it if that is not already the case.
I agree in broad strokes that tech firms will thrive now. This fine shows both the intent and the level of severity of policy now which were both previously unknowns. Market hates unknowns and often very pessimistically prices in risk.
Why stability is conflicting with innovation? Are you saying that somehow the innovation has to be destabilizing the society? That's never the case in the human history. Any innovation make human more united and more understand and easier get across each other.
Usually the benefits outweigh the disadvantages, but there's no point pretending that there are never any individuals or groups who lose out as a result of an innovation.
Well, the assumption has to be that there were no external impact to that system, which was never the case.
A strong stable and healthy mainstream, plus moderate amount of innovation seem the most stable, under normal circumstances, to me.
But more to the point, even if it were true, the CCP isn’t interested in the stability of humanity. They’re interested in the stability of their own power.
Citing weaponry is misleading, we are not talking about military here. Alibaba and Tencent do into stifle military innovation.
If you are a FB employee or shareholder you should probably disclose that if you're going to make such a comment
It is a contrarian view, but an objective truth. Especially with Small Business. So Mark Zuckerberg do have a point with its ads, although I think he should have kept his mouth shut during that time when he is clearing in the wrong doing in tracking.
So it is not all bad and all evil. While I agree with Facebook "deepens" the division between US or in general any politics, I dont believe it is the cause of division. I am still unsure what causes the divide in the first place.
CCP regime is different, but I guess it's the same playbook. 1984 in action.
The chinese government goal for the next 5-10 years is stability, control and state companies, not innovation nor private sector growth. They fear the end of CCP. That's why the recently 5 year plan stresses stability, and doesn't set a growth goal
That's why they cracked down on Hong Kong and basically gave up a conduit of western capital/talents as well as letting Hong Kong citizen's wealth escape abroad.
That's why they are becoming alarmingly nationalistic and lashes out on US/EU politicians and encourages its citizens to boycott foreign brands like H&M.
That's why they are building artificial islands in the south asia sea despite Vietnam/Phillipine's angry protests, to shore up their maritime power.