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this post was submitted on 04 Dec 2023
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Exactly. They want to maintain their insane margins with their oligopoly. The second you get a viable cheap competitor, it will all come crashing down.
Of course, it's a massive undertaking to catch up enough to be feasible. But China has the manufacturing experience, and a government initiative could allocate an insane amount of resources behind it if they were motivated to.
So it's obviously in NVidia's best interest to deter it with appeasement.
Also I assume things move much faster there unlike here where every move needs to be scrutinised and approved by 400 different people on 350 different committees.
Dictatorships are more efficient, at a cost
Depends. Most of them turn into inefficient corruption at every level. China is a bit unique where they have corruption at every level, but also fall in line or get axed whenever there's a big initiative that has too much visibility.
Results vary widely. But at least things get made, big and fast. Quality on the other hand...