We do need to decouple from China. Autarchy may not produce maximum efficiency but it is a lot safer than outsourcing critical production to an adversial power. I don't believe in friendsourcing either. America has no friends, just feckless allies starting wars they can't win and attempting to drag us in. So we need to decouple from Europe too. They don't share our values and are anti-American to the core. Trade is OK as long as it doesn't involve anything important to our national interest.
Jensen Huang knows exactly nothing about geopolitics or national/economic security policy.
He is a completely unserious actor in this world of ideas and, best-case scenario, should be totally ignored since his only goal is to maximize profits for his company.
This is the lens through which his laughably ignorant statements should be viewed. He has no regard for any other consideration.
If the founder of the "new" right-Don, was concerned about China, wouldn't he have rallied the western democracies to confront them jointly instead of driving our friends away? Wouldn't he have implemented the Tik Tok legislation as passed instead of flip flopping after meeting with his billionaire mega donor Jeff Yass?
Perhaps Oren needs to acknowledge the reason the billionaire tech bros were given the prime seating at Don's inaugural? The same reason the bros frequent the White House bearing gifts for the dear leader...
Meanwhile, maybe he should rethink his campaign to be the next Kevin Hassett. I understand he wants to be one of the big boys like Jason and Larry, but does he really want to regularly humiliate himself on national tv like Kev? Isn't it safer to continue trying to retrofit an intellectual framework around Don's incoherent actions from the comfort of the AC offices? As long as he hews to the company line, Don will let him keep the tax status:)
Speaking of incoherent, make sure to watch Don's lecture to the military this week, it's terrifying. Watch all of it. He's making Joepa look lucid.
Hmm, in my travels I’ve observed a different reality I guess. Would you consider the US an “authoritarian mess”, since Don’s actions are straight from the historical authoritarian playbook?
Recent history shows the Chinese Communist Party is treacherous, duplicitous, and cunning. They play on the hopes of prospective partners/investors with the lure of a market of, supposedly, 1.4 billion consumers, as well as their technological prowess. 1.4 billion people is one of those factoids that everybody just knows, but which can't really stand up to close scrutiny. China's reputation as a master of technology is based on their adoption of purloined intellectual property.
China suitors are like the wife of a two-timing husband who sees the clear signs of his failure to keep his vows, but ignores or rationalizes them, refusing to see them in the cold light of day.
There are numerous examples. One of the biggest is the "one country, two systems" promise China made to persuade the UK to surrender control of Hong Kong. That fell by the wayside years ago.
And no one raised any objections. It just happened. And life goes on as if nothing changed.
I think Noah Smith said the wirld will be ruled by those who control the electric stack. He defines this stack as batteries, electric motors, and power electronics. These are the core components of not just EVs but importantly military drones. I believe he is correct and China is trying to achieve dominance in all three. We ignore this at our own peril.
I worked for General Electric and several other Fortune 500 companies in the 1990s and 2000s. The big shot CEOs of that era sounded exactly like Jensen Huang. Why should we globalize our markets and workforce as fast as we could? The world was flat (ala Thomas Friedman), let's go! That simplistic world view got us into the current trap. God help us should we repeat the same mistake again
No Big deal! Just because these "tech bros" are gambling with the continued existence of the liberal, democratic order of the whole world who cares, right? Of course we want the guys who brought us lockdowns and censorship over the preceding 5 years to have open reign to build up China in the most important technologies of the future that will decide wars won and political systems around the world. What could possibly go wrong? Isn't blind self interest the BEST basis for foreign policy?
The explanation for his behavior is that there’s a lot of money to be made in China in the short term. He is saying what he needs to say to justify his actions to his shareholders in the United States government. Does he believe it? Maybe, but I suspect you’re not nearly cynical enough about his motivations.
I always enjoy reading Oren, but he reminds me of my years working and being in a meeting and there always was a guy whose agenda was first to make sure everyone knew he was the smartest guy in the room.
We do need to decouple from China. Autarchy may not produce maximum efficiency but it is a lot safer than outsourcing critical production to an adversial power. I don't believe in friendsourcing either. America has no friends, just feckless allies starting wars they can't win and attempting to drag us in. So we need to decouple from Europe too. They don't share our values and are anti-American to the core. Trade is OK as long as it doesn't involve anything important to our national interest.
1. US needs a better domestic industrial policy
which also includes
2. Higher levels of skilled immigration
US also needs:
3. Better STEM education
4. Better workforce development, apprenticeship, re training programs
That said - we do need higher levels of highly skilled immigration- to create the jobs of tomorrow
We need good jobs for actual Americans.
You are correct.
Studies show skilled immigrants create jobs for Americans.
They create companies and create opportunities.
I agree - stop the job theft and stop the fraud.
But we need to innovate to create the jobs of the future. To employ Americans.
We can’t think zero sum.
Jensen Huang knows exactly nothing about geopolitics or national/economic security policy.
He is a completely unserious actor in this world of ideas and, best-case scenario, should be totally ignored since his only goal is to maximize profits for his company.
This is the lens through which his laughably ignorant statements should be viewed. He has no regard for any other consideration.
If the founder of the "new" right-Don, was concerned about China, wouldn't he have rallied the western democracies to confront them jointly instead of driving our friends away? Wouldn't he have implemented the Tik Tok legislation as passed instead of flip flopping after meeting with his billionaire mega donor Jeff Yass?
Perhaps Oren needs to acknowledge the reason the billionaire tech bros were given the prime seating at Don's inaugural? The same reason the bros frequent the White House bearing gifts for the dear leader...
Meanwhile, maybe he should rethink his campaign to be the next Kevin Hassett. I understand he wants to be one of the big boys like Jason and Larry, but does he really want to regularly humiliate himself on national tv like Kev? Isn't it safer to continue trying to retrofit an intellectual framework around Don's incoherent actions from the comfort of the AC offices? As long as he hews to the company line, Don will let him keep the tax status:)
Speaking of incoherent, make sure to watch Don's lecture to the military this week, it's terrifying. Watch all of it. He's making Joepa look lucid.
There are no western democracies. Europe is an authoritarian mess and our friends are trying to drag us into a war with Russia.
Hmm, in my travels I’ve observed a different reality I guess. Would you consider the US an “authoritarian mess”, since Don’s actions are straight from the historical authoritarian playbook?
Recent history shows the Chinese Communist Party is treacherous, duplicitous, and cunning. They play on the hopes of prospective partners/investors with the lure of a market of, supposedly, 1.4 billion consumers, as well as their technological prowess. 1.4 billion people is one of those factoids that everybody just knows, but which can't really stand up to close scrutiny. China's reputation as a master of technology is based on their adoption of purloined intellectual property.
China suitors are like the wife of a two-timing husband who sees the clear signs of his failure to keep his vows, but ignores or rationalizes them, refusing to see them in the cold light of day.
There are numerous examples. One of the biggest is the "one country, two systems" promise China made to persuade the UK to surrender control of Hong Kong. That fell by the wayside years ago.
And no one raised any objections. It just happened. And life goes on as if nothing changed.
If you can see farther than these tech gurus, and I don’t say you can’t, shorting their stock might prove rewarding
I think Noah Smith said the wirld will be ruled by those who control the electric stack. He defines this stack as batteries, electric motors, and power electronics. These are the core components of not just EVs but importantly military drones. I believe he is correct and China is trying to achieve dominance in all three. We ignore this at our own peril.
I want to control the fossil fuel stack. Without that (or nuclear) electricity is a niche market which admittedly does include drones.
I worked for General Electric and several other Fortune 500 companies in the 1990s and 2000s. The big shot CEOs of that era sounded exactly like Jensen Huang. Why should we globalize our markets and workforce as fast as we could? The world was flat (ala Thomas Friedman), let's go! That simplistic world view got us into the current trap. God help us should we repeat the same mistake again
Francis Fukuyama was more culpable than Friedman since his thinking led not only to economic disaster but endless wars.
No Big deal! Just because these "tech bros" are gambling with the continued existence of the liberal, democratic order of the whole world who cares, right? Of course we want the guys who brought us lockdowns and censorship over the preceding 5 years to have open reign to build up China in the most important technologies of the future that will decide wars won and political systems around the world. What could possibly go wrong? Isn't blind self interest the BEST basis for foreign policy?
The explanation for his behavior is that there’s a lot of money to be made in China in the short term. He is saying what he needs to say to justify his actions to his shareholders in the United States government. Does he believe it? Maybe, but I suspect you’re not nearly cynical enough about his motivations.
Interesting?
In the early 1900's before WWII and a little earlier even three things were happening that can be properly generalized on:
- The intellectuals and academia loved communism and socialism. Stalin and Lenin were highly thought of.
- The "titans of business" loved Hitler and Mussolini. Great for business and money could be made.
- The common folk, the plain people loved Roosevelt. They trusted him? They listened to him.
hmmmmm just something I think about now and then.
The University = The "New Religion" (religion of nihilism) very close to socialism
Which path will we go?
- Religion?
- Nihilism? which is socialism cloaked? Nothingness
- Transhumanism? digital numbers to track us then the chips will follow? (Tech bros and some girls like this one)
They all lie. No one tells the truth.
Beware - the truth can have you killed very easily.
Charlie - RIP
"He’s a brilliant engineer with the public policy awareness of, well, a brilliant engineer."
Ha! I'm an engineer and I take no offense at that!
"it’s Nvidia CEO Jensen Huang, speaking last week in bespoke red eyeglass frames and his trademark leather jacket to venture capitalist Brad Gerstner"
As the kids today would say, OMG.
I always enjoy reading Oren, but he reminds me of my years working and being in a meeting and there always was a guy whose agenda was first to make sure everyone knew he was the smartest guy in the room.