TheOubliette

joined 1 year ago
[–] [email protected] 1 points 1 day ago (1 children)

Having seen and done this transition I can tell you that companies do very little for innovation compared to university researchers. Companies are exclusively focused on profit, they don't do the five to ten year moonshot project unless they are already a massive corporation, not a startup, and even then the massive companies want the easiest thing to translate to a product and begin making money. At best they have engineers that make scaling up more practical, and while that is a fun and interesting thing, it is also very straightforward and is something a company has to avoid screwing up, not investing in massively to make it right.

I've seen several companies that did literally nothing except swap a couple things on their production line and call it a day. The only transition from research to industry was an IP agreement and a few meetings.

Large companies are not looking for innovation by buying startups, they are usually looking to secure monopolies. Sometimes they want the product and to work it into their own product offerings. This is often a way to vertically integrate more, not innovate. They bring in-house because they see a competitor emerging and want to hedge their bets or because they see a way to take over a market by just doing the same thing. Sometimes it is just a way to hire some employees that seem pretty competent and thereby deprive your competitors. Large companies operate with a monopoly mindset. This is also why Google kills every project that they declare won't scale into a huge money-maker (they really mean take over a market).

Small companies are often started with the plan of actually making and selling their product long-term but run headfirst into the fact that their industry is dominated by just 3 companies that will gladly do the one-two punch of threatening to bleed you legally with nonsense lawsuits while offering to buy you up. Or, on the flipside, just copying your work and changing it just enough that they know they could bleed you legally even though they have broken IP law. Usually, they would rather just buy you out at less than you are worth but enough to make the VCs happy.

[–] [email protected] 1 points 1 day ago (1 children)

The source of their data says they were using it incorrectly, that it simply does not mean what they reported. I have not gone into exactly what their data is, just that it was reported as total new funded startups and the data provider says, "that's not what this is".

[–] [email protected] 1 points 2 days ago (3 children)

It also looks like these numbers might not even be accurate: https://nitter.privacydev.net/NuryVittachi/status/1834747250666508679

I would expect a decrease in VC startups based on the way China is tackling finsnce, though.

[–] [email protected] 1 points 2 days ago (3 children)

I think innovation will happen more through universities and existing large companies. Most research and innovation happens through universities anyways and China is currently having an academia boom.

Companies like Huawei are way up, and domestic consumption is slowly rising.

[–] [email protected] 4 points 2 days ago (9 children)

The metrics here are those most relevant to finance, which is not synonymous with innovation. Startups are notorious money sinks that are only invested in due to a promise of monopoly profits later, basically a gamble. They usually fail, and dramatically. Finance is necessary for private capital investment and liquidity but when it grows too large it becomes parasitic and also tries to dictate policy. The real estate bubble that China is now dealing with is a direct result of financialization and an expectation that it would be "too big to fail" and that real estare finance would get bailed out by government.

China is tackling this issue by limiting the impact of finance on its economy, changing its lending terms and what it guarantees, including not bailing out real estate finance. This has the direct effect of making startups and venture capital less common as they simply can't make as much money from pure speculation. They don't have a state-funded safety net for their worst gambles and interest rates are higher.

Overall, this is a good development. China's finance sector absolutely needed to be limited and it is good for the state to take on a greater role in running companies.

[–] [email protected] 10 points 2 days ago

It is virtually impossible to work individually against landlords. Instead, form or join a tensnts' union. And maybe some orgs opposed to landlordism.

[–] [email protected] 1 points 5 days ago* (last edited 5 days ago)

Italians are well-known for being sticklers about the right way to prepare their food, often implying it is ancient. Unless it is a low-oil focaccia or a salad (ancient Roman), it is surprisingly often the case that it is a dish that is 50-100 years old with a foreign influence.

Naples has been making pizza for about 200 years as a basic flatbread with tomatoes, mozarella, and basil. If you eat pizza with a tomato sauce... that's an American change. Pizza was not often eaten outside Naples [Edit:whoopsie] until around WWII. The most common variations around the world are all based on the American version.

Carbonara was a WWII-era invention with tons of variations at first and an American origin. I've known Italians that get actually upset if you prepare carbonara with the "wrong" ingredients even though they were ingredients used on "original" carbonaras less than 50 years ago.

If you go back just a bit farther, every dish that needs tomatoes or potatoes or peppers is from the Americas, not Europe. And Europeans were not big on tomatoes for a looong time. It's only been in much use there for about 250 years.

[–] [email protected] 8 points 5 days ago (2 children)
[–] [email protected] -1 points 5 days ago (1 children)

I guess you aren't going to stop replying in bad faith. I guess I will have to stop replying. The offer stands, however.

[–] [email protected] -1 points 5 days ago (3 children)

Happy to help you understand when you are ready

[–] [email protected] -1 points 6 days ago (5 children)

I'm always available if you would like to engage in good faith.

[–] [email protected] -2 points 6 days ago

Being "ready" means nothing, it is just a thought in your head. Praxis requires that you act. You aren't ready for an uprising if you aren't actually organizing towards one yourself. And I have yet to meet a successful revolutionary organizer that tries to sheepdog for literally genocidal Democrats.

I haven't advocated for "doing nothing", I have advocated against supporting genocide from both a moralizing and electorally strategic angle. I choose these angles because it is the language most people will understand and because the propaganda that I oppose in the process teaches people to give up leverage and cheerlead, which is literally disempowering.

If people want recommendations on something positive to do, I would recommend joining the Uncommitted Movement if you prefer electoralism. If you are interested in politics that also extends beyond electoralism, I would be happy to provide advice on any local groups and reading materials.

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