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China Makes a Big Play In Silicon Valley (npr.org)
An anonymous reader quotes a report from NPR: The Chinese government has been forming global partnerships with Western think tanks, recruiting key talent at networking events sponsored by the Chinese government and working with U.S. universities, says Michael Brown, managing director of the Pentagon's Defense Innovation Unit in Mountain View, Calif. The unit was set up in 2015 to help the U.S. military capitalize on emerging commercial technologies. And, he notes, there is serious concern in Washington that China could acquire too much sensitive U.S. technology and transfer it back home.
Adam Lysenko, a senior analyst at Rhodium Group, an economic research firm, says American entities represent the largest venture capital investment in startup technology companies, but Chinese investment accounts for about 15 percent of the deals. In the past eight years, there were more than 1,300 rounds of funding for U.S. startups with at least one Chinese investor, Lysenko says, totaling about $11 billion of Chinese investment. After a record 2017, Rhodium Group predicts 2018 will be another record year for Chinese venture capital into U.S. startups. Lysenko says this has become a concern in national security circles because the nature of emerging technology is inherently dual-use: The artificial intelligence algorithms that help speed up your smartphone could also be applied to weapons on the battlefield. China's quest for innovation and know-how can best be illustrated by the offices of Baidu -- China's largest internet provider and Google's rival -- which is located right next to a Google complex. "Baidu opened its innovation center, called the Institute of Deep Learning, four years ago, with a focus on a self-driving vehicle called Apollo," reports NPR. "Other Chinese tech powerhouses -- Alibaba, Tencent and Huawei -- also have Silicon Valley research and development centers. Instead of buying an existing U.S. business, these Chinese tech giants come to the U.S. and build new companies from the ground up, in what's known as 'greenfield' investments. [T]hese Chinese tech companies hire away a lot of U.S. employees who might otherwise work for American businesses."
Adam Lysenko, a senior analyst at Rhodium Group, an economic research firm, says American entities represent the largest venture capital investment in startup technology companies, but Chinese investment accounts for about 15 percent of the deals. In the past eight years, there were more than 1,300 rounds of funding for U.S. startups with at least one Chinese investor, Lysenko says, totaling about $11 billion of Chinese investment. After a record 2017, Rhodium Group predicts 2018 will be another record year for Chinese venture capital into U.S. startups. Lysenko says this has become a concern in national security circles because the nature of emerging technology is inherently dual-use: The artificial intelligence algorithms that help speed up your smartphone could also be applied to weapons on the battlefield. China's quest for innovation and know-how can best be illustrated by the offices of Baidu -- China's largest internet provider and Google's rival -- which is located right next to a Google complex. "Baidu opened its innovation center, called the Institute of Deep Learning, four years ago, with a focus on a self-driving vehicle called Apollo," reports NPR. "Other Chinese tech powerhouses -- Alibaba, Tencent and Huawei -- also have Silicon Valley research and development centers. Instead of buying an existing U.S. business, these Chinese tech giants come to the U.S. and build new companies from the ground up, in what's known as 'greenfield' investments. [T]hese Chinese tech companies hire away a lot of U.S. employees who might otherwise work for American businesses."
If China come after American tech, especially from Silicon Valley, they'll end up with a lot more. They'll end up contaminating their society with capitalistic ideals as well as ideas. They'll import American consumerism, fashion, and a large part of culture as well. This could be a very risky proposition, even though they are trending towards Western values mixed with Communism already, this will increase the shift. I bet there are more than a few old hard-liners that see this as a bad thing.
Chaos maximizes locally around me.
This whole article is a riot, if you read it with the substitutions of India for USA and The US for China.
Instead of buying an existing Indian business, these American tech giants come to India and build new companies from the ground up, in what's known as 'greenfield' investments. [T]hese U.S. tech companies hire away a lot of India's employees who might otherwise work for Indian businesses."
What's good for the bloody goose is bloody well good for the gander.
"Flyin' in just a sweet place,
Never been known to fail..."
Like NAFTA? Cancels Nafta, renames it, announce a new agreement which is NAFTA with some changes which favor Mexico....
Or like ZTE?: "@realDonaldTrump, President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast. Too many jobs in China lost. Commerce Department has been instructed to get it done! 8:01 AM - 13 May 2018 "
Or like Kavanaugh, who said its ok for foreign governments to fund election campaigns as long as they don't target individual politicians.
Nah, it's all show, they'll rename the agreement the Trump agreement, and that's what he wants.
His name on it. The trophy is the branding.
Except, that is not going on in India/America case. What tech does India have, that American business/gov. want? For your example, it would be funnier to substitute apple and horse.
I prefer the "u" in honour as it seems to be missing these days.
It must lead with Michael Brown's facile, yet "expert", narrative of: The Chinese figured out that technology is the key to wealth and power, and the source of technology is still the West for China," says Lewis. The question is: "How do they get their hands on that Western technology?"
/.ers have provided to this board their personal knowledge of Chinese enterprises stealing conventions and algorithms (and its hardware) that are disrupting traditional commerce through ever widening and ever granular profiles of consumer behavior-- the Chinese gained sufficient knowledge to erect and maintain a wall to protect themselves from western corporations and their TOS, You Are the Product.
Yet the article addressed what mechanisms are already in place to address a potential, criminal abuse. I term Brown as facile because what organized culture on earth has not recognized technology as crucial? Especially any that expand their interests by direct military action or proxy conflicts? (Speaking to the US here more than China that has never conducted a foreign war.) Brown goes on to present contradictions that border on the stereotype of "sneaky asians" by citing different "rules" and "troll"ing for undervalued enterprises in a context of transparent investment. Without evidence, Brown suggests paying people "a little more than a market price" is an m.o. Perhaps if SV were not riddled with NDAs and been revealed to collude to fix salaries, no such m.o. would be possible. Think tanks? How subversive! Brown emphasizes numerous hypotheticals about technology in "ascent" in the context of venture capital?
Many
Brown's thrust is the "concern" is the "same" technology in your phone is possibly that of the military's.
How is it not fashion to justify the current trade war?
Would were! Should is! Could be! And live a hundred times three.
...the U.S. innovates while China steals.
India has talent. Hence the hiring.
"Flyin' in just a sweet place,
Never been known to fail..."
Evidently I am one of many in North America who was unaware of the status of the Interpol chief, incorrectly assuming when I heard his name that he was a Chinese-European --- and appalled to learn he was a Chinese national and member of the Chinese Communist Party who had been number man at their intelligence organization, the Ministry of Public Security!
Holy Mother of God !!!!!
And there are still fools --- and minions of the oligarchy --- who question and criticize Brexit!
The devil with those jackals!
The government of China is a vile, despicable totalitarian capitalist state full of corruption of the princelings, the spawn of the founders of the Communist Party in that country and it is obvious that the Interpol chief, Meng, was with the competitor political faction to Xi Jinping's political gang --- Xi Jinping being China's self-appointed emperor. (Jinping's daddy was the author of the original Chinese constitution which Xi amended.)
This is a most blatant and public insult from China to the EU --- suggestive of China's bellicose and warlike stance against the democracies of the world!
Let us not forget the many recent disappearances performed by China: against pro-democracy academic critics, journalists, and the wholesale disappearance of most --- if not all --- of China's human rights attorneys of several years ago!
In America, those jackals of the Business Roundtable, National Association of Manufacturers, Cato Institute, American Enterprise Institute and too many other viper nests, assured us that if all the jobs, technology and investment were offshored to China they would have long since morphed into a democracy by now.
So much for the feckless self-serving assertions of jackals!
With China's program of "soft" intelligence penetration by way of their Confucius Institutes (from a decidedly anti-Confucius government) coupled with their Trojan horse of foreign property acquisition through debt warfare (their One Belt One Road (One Ruler) Initiative) --- and their militarization of artificial islands in the seas of the Pacific, especially the South China Sea, of which two-thirds of the oil shipments traverse --- their global martial strategy is evident.
Add to that their insidious implementation of an ultra-Orwellian control system: their Social Credit System, to further subvert any possibility of human rights in China and the future is obvious and cannot be disputed! Supporters of China's government spew nothing more than red dragon droppings: giant piles of crap! Suggested reading:
https://www.nchrd.org/2018/07/...
https://www.nchrd.org/2018/07/...
https://www.scmp.com/video/chi...
https://www.rfa.org/english/ne...
https://www.theguardian.com/wo...
https://foreignpolicy.com/2018...
https://www.hrichina.org/en/pr...
https://qz.com/1129837/human-r...
https:/
China is a whole 'nother ballgame, dood!
but that is nothing like China's hiring of Americans to obtain another companies technology.
In addition, more of the real talent in India tends to leave there and move to the west.
I prefer the "u" in honour as it seems to be missing these days.
China is a big country with roughly 3 times the population of the USA. It makes sense Chinese companies would be involved in the tech industry.
The tricky part is the distinction between a private company and a gov't-influenced/controlled organization there is fuzzy and difficult to ascertain.
Table-ized A.I.
The Chinese tech is a few generations away from the artificial intelligence capable of controlling weapon-systems. So, while some arms of their government are busy trying to steal as much know-how as possible to replicate it, other arms — through paying "thinktanks", "community outreach", and infiltrating government — are planting the idea, that "AI is unethical" — both, in general and particularly in military applications.
And Silicon Valley's "best" are falling for it...
In Soviet Washington the swamp drains you.
Would you mind giving a link, where Cato Institute was suggesting this? Please?
In Soviet Washington the swamp drains you.
No, it's just that when "one asshole nation" does it, it's kind of funny when they start to complain because someone else is doing it to them.
Though maybe sad describes it better than funny.
Hahahahaha, Trump. Am I right?
Next up, Ajit Pie-Pie. I believe I got negative karma due to my remarks, but I believe that my predictions are proving accurate.
China could always do with some more land. Russian land might even be worth something when it warms up a little too.