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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: abuelita who wrote (141734)5/27/2018 3:39:19 PM
From: Elroy Jetson  Respond to of 218106
 
Silicon Valley leader are very concerned about Trump's restrictions on granting Visas to the most qualified non-American job candidates.

But it's inevitable that China takes the lead in "the all seeing eye" technology which tracks all citizens 24 hours a day, because the Chinese government has gone all in on the technology. With no one to say no and a larger population, as noted, they already have larger data sets.

In the West efforts like Amazon facial recognition funded by the NSA and pitched commercially as a way to see what specific person is using your website with the cameras built into phones and computers to build a better profile of their life for advertising and security purposes as in China has a creepy feel in our culture and so is limited by law in the US and even more so in Europe.

But there's no reason China will take a lead in self-driving vehicles or automation, nor are there unique regulatory barriers in the West in these fields.

Similarly there is no reason to expect Western tech firms to see their employees working 10 hours a day, 6 days a week as Sequoia Capital partner Mike Moritz notes is common in China. We once faced similar to excessive work hours from Japan and many McKinsey studies revealed these much longer work hours were far less productive.

China has indeed Ring-fenced their online sector making it easier for Chinese apps like WeChat to adds features like payments, which in the West is already taken by PayPal, Google Wallet, Apple Pay, and overlay ststems like Samsung Pay, leaving banks to play catch-up with their Zelle platform. It's not obvious to me why chat and SMS apps in the West are disadvantaged by not having Paypal built into them.

I should add, The Churchill Club which sponsored this event in Silicon Valley, is an outsider. Founded by Forbes Magazine and Tony Perkins the founder of 'Red Herring" magazine as a seminar promoter, their chief source of donations comes from Shell Oil. Their 'private club for top silicon valley leaders' "The Cookoos Nest" funded by Mark Cuban and The Churchill Club was a total disaster with $3.7 million in court judgements against them for excessive noise and a lack of interest among potential "silicon valley" members who balked at the idea of paying thousands a year to hobnob with fellow techies. - padailypost.com

I mean, who has the time to go to a membership club?” argued one startup founder, who declined a membership offer from Perkins. “Entrepreneurs should be heads-down and building.” - fortune.com

Tony Perkins dba (doing business as) "The Churchill Club"