BioNTech alone could lift German economy by 0.5% this year

Re:BioNTech alone could lift German economy by 0.5% this year by 88840-8855 on Tuesday August 10, 2021 @01:29PM (#28131701)

There is a hypothesis in the room why the Chinese consumer tech crackdown is happening - for exactly that reason.

Big consumer tech with negative net value is not only bombarding users with ads, making them addictive to kill time with useless swiping, liking and forwarding and is also binding the most talented resources to make this happen instead of building semiconductors, rocket engines and biotech stuff.

If Chinese is not doing the crackdown (only) for interal power struggle reasons but is playing that 6D chess, then kudos.

Big consumer tech might become less attractive, people will stopp swiping in weibo, tiktok and weixin; bright talent might start to design stuff that actually benefits the society.

[ Parent | on HN ]

Re:BioNTech alone could lift German economy by 0.5% this year by cscurmudgeon on Tuesday August 10, 2021 @01:45PM (#28131878)

Regimes like the CCP are known to justify power grabs as being for the good of their society.

This is almost universally true.

[ Parent | on HN ]