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points by grafmax 2 days ago | 0 comments

So, free if you're a VC?

Funny how China leads in most tech areas now.

Turns out letting monopoly capital control your government policy leads to short term gains at the expense of long term viability. Maybe the VCs can make some money off government surveillance and defense contracts before being completely eclipsed?

https://www.aspi.org.au/news/aspis-critical-technology-track...

[–] chaostheory 2 days ago

That’s supposed to be worse than the government controlling everything like in China?

[–] cowlevel 1 day ago

it gets fun when you raise "government" is a variable that can be substituted with values that are not necessarily "Congress" or "the president"

China calls its government a State Council, Russia calls theirs a Duma, and the USA calls its one Microsoft. (Or Oracle, or Disney, or S&P 500...)

[–] mbs159 1 day ago

That's a bold claim. Do you really think that the Chinese government has such capacity?