Re:Nvidia employees petition to bring back Jensen Huang
by ElProlactin on Friday November 13, 2026 @01:53AM
(#50479367)
> The $7.5billion in alleged sales to china has removed a couple of trillion in value from the pension and investment funds of Americans this week, all for the infantile hubris and anti-competitive moves toward americas biggest trading partner.
And how many trillions of dollars of wealth has been "removed" by American companies outsourcing their production to China over the past several decades, transferring their IP to Chinese entities through forced joint-ventures, outright IP theft, etc.?
By some estimates, the outright IP theft alone has caused $15 trillion in cumulative losses. According to the Commission on the Theft of American Intellectual Property, whose figures are used by the FBI and the Office of the US Trade Representative, IP theft costs American businesses somewhere between $225 and $600 billion every year, and much of that theft is at the hands of China.
Companies like Facebook and Google aren't allowed in the Chinese market. Do you find that "anti-competitive"?
Nobody is playing fair here and the notion that we can all just trade with each other equanimously is naive. The world isn't that kind and simple.
And how many trillions of dollars of wealth has been "removed" by American companies outsourcing their production to China over the past several decades, transferring their IP to Chinese entities through forced joint-ventures, outright IP theft, etc.?
By some estimates, the outright IP theft alone has caused $15 trillion in cumulative losses. According to the Commission on the Theft of American Intellectual Property, whose figures are used by the FBI and the Office of the US Trade Representative, IP theft costs American businesses somewhere between $225 and $600 billion every year, and much of that theft is at the hands of China.
Companies like Facebook and Google aren't allowed in the Chinese market. Do you find that "anti-competitive"?
Nobody is playing fair here and the notion that we can all just trade with each other equanimously is naive. The world isn't that kind and simple.