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The Impact of Facebook's Optimization on Outrage
China has more engineers and subsidies than the United States. There's mass innovation in China, a lot of political will and government pushes. The US thinks that governments should not become pickers of winners because they aren't trained to be VCs. But I don't think that's true. If you think about the American success is built on President Eisenhower's decision to build interstate highways,. And the government is saying, well, we need more entrepreneurs. That is much of Chinese economy.