| ▲ | gizajob a day ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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. It needs to be clear that’s on Trump too, if it wasn’t already. Compromised or not, Jensen was right - sell them the chips and they won’t be forced to get them under the counter or develop their own. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | ElProlactin a day ago | parent | next [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
> 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. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | Jamesbeam 21 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
> Compromised or not, Jensen was right – sell them the chips and they won’t be forced to get them under the counter or develop their own. I disagree. China is only acquiring technology to copy the best parts and improve the rest. There are plenty of examples over the past decades. They would never be a permanent customer of Nvidia, they would destroy Nvidia long term by offering better chips for cheaper, especially as they are going to take Taiwan in the near future. Feel free to do some research about how china won the solar game, that would be your textbook example of how they are going to destroy Nvidia. They do this with cars, they did it with solar, they do it with weapons-grade tech. It’s an absolute fever dream to think selling them chips would mean they wouldn’t get more under the counter and develop their own improved designs. We are talking about a nation-state actor with unlimited pockets. They can go down all of these roads at the same time and if I were china and winning AI means winning everything, i would do exactly that. Using Jensen like a greedy prostitute to get the goods right from the source was just the easiest way to get those chips. The collapse of Jensen is also strengthening China, they already have what they wanted, now he gets put in the trash so the US can no longer profit from his undeniable talents attracting investments into American AI domination. Seriously, what is 4 or 7b to China? Better than sending Chinese black ops to disappear a ship full of Nvidia chips and risk complications with another nation-state actor. Why wouldn’t they take the way of least resistance which was through Jensens greed, ego and illoyalty to his wife? China has a long-term plan, is extremely focused at accomplishing milestones and they are already ahead in almost every sector compared to the US of the past 20 years, that has become a political dumpster fire. China is winning. And the chips that Jensen allowed to move there will be used to accelerate the already working strategy in all of its aspects. He didn’t just fuck most of his company and partners as it seems, he fucked every American in existence. Enough smart people in the US government have seen that, but they are dealing with a kleptocratic family and friends scheme that is selling their nation’s interests to enrich themselves. It is what it is. And it won’t get better. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | hparadiz a day ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
You are completely wrong here and I suspect the American voter will agree with me. Selling the greatest inventions of American ingenuity and know how directly to a rival is the type of historical shooting yourself in the foot that will be studied for centuries. America has essentially built the internet, the microprocessor, gave it free to the world, then did the same with all the technologies since and what has an American got to show for it exactly? I'd much rather give every teenager in the entire country a 5090 for free than allow a single one to be sold overseas. In the 90s the feds were throwing money at schools to build computer labs even in poor school districts and now we've kinda just stopped giving our kids the latest and greatest and instead force them to compete with the world for hardware. It is too late now but this has been a generational fumble that will be studied for a long long time. We've essentially given away all our advantage to a country that was a backwater when the Intel microprocessor was invented. Frankly embarrassing that it has come to this. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | MiroslavPokorny 10 hours ago | parent | prev [-] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
He isnt making money to help orphans or disabled kids or mothers of orphans or mothers of disabled orphans. Jensen like Trump and his family is only helping number 1. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||