Works in Progress Magazine ·

China's industrial dominance is driven by competitive local governments that act like venture capital firms, making it a continent-sized Silicon Valley

China is not the world's largest command economy. It is a continent-sized Silicon Valley.

Venture Capital

Lead Source

Works in Progress Magazine — China's industrial dominance is driven by competitive local governments that act like venture capital firms, making it a continent-sized Silicon Valley ↗

How this story grew

Coverage · 0 Discussion · 0

Oct 14Oct 15

More

Techdirt: Techdirt

Related stories

Reuters: Chinese local governments are offering subsidies like computing vouchers, rent waivers, and dedicated funding to lure AI filmmakers as part of China's AI push

Financial Times: Alibaba, Tencent, and Huawei are pouring billions into data centers in Shaoguan, a hinterland region with cheap power and a cool climate, angering some locals

Financial Times: Singapore doubles down on chipmaking as the AI boom lifts its economy, but high costs, scarce land and labor, and US trade scrutiny threaten its ambitions

Financial Times: China's SASAC, which oversees state-owned companies, is surveying the number of Broadcom switches in state-backed data centers amid a domestic AI drive

Anil Dash: Modern venture capital has transformed into an unchecked oligarchy, or "Cancer Capital", where mega-firms managing $50B+ live off fees and shift risk elsewhere

Discuss with AI

ChatGPT ↗ Claude ↗

← Back to TechSnif