People need to be more skeptical about governments (both murican and chinese) and have more faith in fellow human beings. Why is it that US government gets it panties wet at the thought of Tiktok having influence in USA but somehow is proud of he fact that Google or Facebook are global companies ? What is that Tiktok would do to american that Google or Facebook won't do to Indians ?
Google and Facebook not being in China is not necessarily a bad thing. Both the companies are massively popular in India but make no profits off Indians yet. On other than their popularity has made Indians value these companies a lot as employers and every third Google/Facebook engineer in Mountain View is an Indian person. Google or Facebooks adventures in India (and China) if at all are nothing but a huge subsidy being delivered to these upcoming markets at the expense of American consumers.
Say China opens up its markets for Google and Facebook like tomorrow would you be fine with that ? Both Google and Facebook are then going to borrow money from american to build massive data center networks in China spending billions of dollars which may or may not be recovered in near future.
Xenophobia and divergence from free market principles in USA have made other countries better potential successors to Silicon Valley. In near future we will see more and more companies coming up from China. What USA has done with Tiktok is essentially a child like tantrum to scare other investors and chinese companies but very likely US government will end up with an egg on its face.
Google and Facebook not being in China is not necessarily a bad thing. Both the companies are massively popular in India but make no profits off Indians yet. On other than their popularity has made Indians value these companies a lot as employers and every third Google/Facebook engineer in Mountain View is an Indian person. Google or Facebooks adventures in India (and China) if at all are nothing but a huge subsidy being delivered to these upcoming markets at the expense of American consumers.
Say China opens up its markets for Google and Facebook like tomorrow would you be fine with that ? Both Google and Facebook are then going to borrow money from american to build massive data center networks in China spending billions of dollars which may or may not be recovered in near future.
Xenophobia and divergence from free market principles in USA have made other countries better potential successors to Silicon Valley. In near future we will see more and more companies coming up from China. What USA has done with Tiktok is essentially a child like tantrum to scare other investors and chinese companies but very likely US government will end up with an egg on its face.