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this post was submitted on 18 Jul 2023
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Technology
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Shouldn't be surprising given that China has a huge and well educated population. China outnumber USA STEM Grads 8 to 1 and project to be 15 to 1 by 2030. China has also overtaken the US both in quantity and quality of research. And of course, China has a huge advantage with the state playing a major role in guiding the type of technology China focuses on instead of leaving it to the markets. So, it should be no surprise that China is already surpassing the west technologically now, and the gap will only keep growing going forward.
I am certainly not surprised.
I don't think anybody who's been paying attention is, but seems to be a shock for a lot of people in the west who've internalized the narrative that China just steals western tech and makes cheap stuff.
So the cyberpunk future of the 80's of foreign mega corporations are coming true.
With a healthy mix of state owned enterprise. :)