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Bonkers op-ed by Lina Khan in NYTimes. She argues that we must break up US firms like Google, Apple, and Meta to compete with China’s more open and more competitive system. Unreal.
David Watson 🥑
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As I understand it, there are 2 reasons to break up companies: 1. when they become too profitable and don't spend anything on R&D to create world-leading products; and 2. when they spend hundreds of billions of dollars to create world-leading products that aren't profitable
I read it early this morning. It was completely incoherent. She makes it sound as though all the AI research in the US is being done by gigantic slow companies, when Anthropic, xAI, Open AI, and dozens of others are all startups. I would’ve given it more mind, except for the fact
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Do you think China is *slower* at iterating and deploying new technology relative to the US? They’ve beaten us on EVs, communications tech, AI surveillance, and green tech. Hard to argue that the US tech startup scene is more competitive than China’s. Our advantage is really
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You have two conflicting issue here. 1. Those companies have hoovered up a critical mass of grade A talent in the US. 2. Those companies, being large, have large amounts of capital to allow building really cool stuff. 3. Those companies have EXTREMELY LOW productivity per capita
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I know google is basically a monopoly, but I also feel like I'm getting much more consumer surplus from their products than I'm paying for. It breaks the monopolies are inherently framework enough for me to re-consider anti-trust action as the best interventoin. Some level of
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She literally didn’t say China’s system was more open and competitive. Her argument is that we shouldn’t give big tech companies additional capital and protection in the name of national champions. She mentions DeepSeek’s low cost training as an example of the type of innovations
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Sounds like she’s right though. “Over the last decade, big tech chief executives have seemed more adept at reinventing themselves to suit the politics of the moment — resistance sympathizers, social justice warriors, MAGA enthusiasts — than on pioneering new
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"Capitalists needs to be more communist in order to compete with a free market approach being adopted by the communists" Makes sense . . .
its not a bad idea… these big firms are very inefficient ,filled with groupthink and wokeism, and make it more difficult for other startups to succeed openai is a rare exception and only with significant support, but unclear how profitable they are
Bonkers interpretation by you.
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Jason Kint
@jason_kint
That’s not at all how I read it. It’s quite smart so I gift it to all here. Always disappointing but on George Mason’s brand to be so captured by big tech monopoly power one can’t acknowledge it. nytimes.com/2025/02/04/opi
We are at a point where a single grad student at Berkeley developed a model that is competitive with o1. So, maybe her reasoning is wrong, and breaking up big companies is insane, but the idea that putting more AI resources in the hands of more, smaller research labs instead of
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The US Antitrust department has a track record of trying to break up a large tech company just before they encounter serious competition. First Microsoft (just before Chrome), and now Google (as ChatGPT offers serious competition).
but block a merger for Spirit/Jet Blue cause it's anti-competitive -> then Spirit files for BK, they liquidate planes, drop routes, and make the airline industry *less* competitive. Make it make sense...
China’s dirigist system only took off under Xi Jinping. It is already starting to show negative results as seen with their stagnating GDP.
Of course China’s tech ecosystem is more open and competitive. There’s no need to deny reality.
Just look at Google. They were leading the world on LLMs. What did they do with that lead? They decided commercialising it either wasn't worth it or would threaten their search business. I didn't read the article, but if her argument is that concentrating resources and talent in
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The blockchain landscape is incredibly dynamic and competitive, with development occurring at an unprecedented pace. For the first time in human history, we have a truly free market where anyone can compete globally. In blockchain, the landscape shifts so rapidly that the
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Complex systems that are irresilient fail. The US has become increasingly irresilient for decades. She’s not wrong.
Why do wypipos gotta be so stoopid?
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Doggy Dog
@DoggyDog1208
The easiest way for China to sabotage the US is to do something well and suggest the US try it. Americans will refuse out of sheer butthurt. x.com/Molson_Hart/st…
We were amputed by people like her for last 4 years, thanks to her multiple firms are bankrupted or in bankruptcy. So manh jobs lost. We are winning despite of people like her.
Can someone please explain to me why the leftist with actual influence/experience are all doubling down on increasingly unpopular policies and ideologies? Like this is clearly a replicating phenomenon right now and no one is talking about it.
And still created in America and can’t exactly spy on technologies that no one else has invented can you, not really proving China is outinnovating if they’re spying on American companies to do stuff
The Op-Ed seems to elide that ChatGPT from a startup is what rattled Google, MSFT et al And that DeepSeek has just unlocked huge consumer surplus (OpenAI already changed their free model to an improved version in response) AI is a perfect example of cut-throat competition
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The blockchain landscape is incredibly dynamic and competitive, with development occurring at an unprecedented pace. For the first time in human history, we have a truly free market where anyone can compete globally. In blockchain, the landscape shifts so rapidly that the
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America has a long history of strong antitrust enforcement. Hard to argue there's a more prime example of an industry that needs it than tech.
> Unreal She may be incorrect, but she is not necessarily incorrect. Expertise in one field (say, economics) commonly causes the individual to mistake themselves for having expertise in other fields (say, systems theory, epistemology, etc)