Tag Archives: Great Firewall

If China Were Smart… | Firewall vs. FAANG | Markets Are Dumb 15

It’s amazing to me how much of the Security/geopolitics conversations happens around stuff that will never matter. The Pentagon and their pet think tanks and congresspeople are pushing the “New Cold War” with China because they know that it will keep the money rolling in. But it really doesn’t make sense. All the defense related crap we are buying will be superseded or sunk within the first month or so of an actual shooting war with China. Nobody really knows what such a war would look like, but it’s obvious to me that most of the trillions we spend on weapons will be wasted.

What I have done this week, and with last week’s video, is try to talk about areas of competition that actually matter. Diplomacy, Business, and the degree to which the rest of the world is still willing to put up with US hegemony are vastly more important factors in the resolution of this competition than almost anything that will happen in the South China sea. It’s the management of these other competition spaces that will determine whether war with China happens in the 2030s, the 2130s, or not at all. The Big Tech companies are another one of those great benefits, like the peace dividend at the end of the cold war, that we in the United States may be in the process of wasting. We should maybe spend a billion or two thinking about these companies strategically, among the trillions we’ll spend on useless weapons platforms. Today’s video is a place to start.

If you’d like to earn my undying gratitude, please click where to support this project through Patreon. Please do reach out to us through Twitter, Facebook, Youtube, or our e-mail newsletter.

Video Transcript after the jump…

Continue reading

Elon Musk vs. China | Starlink, Tesla, SpaceX and the New Cold War | Markets Are Dumb 14

Today’s video hints at something I’ve been thinking about a lot lately. We all know China’s great internet firewall as a source of great repression. But China’s maintenance of a separate national internet has also left it weirdly independent of the US tech giants that rule the internet everywhere else.

China has worked hard to co-opt the newest of the Tech behemoths, Elon Musk, the founder of Tesla and SpaceX. General Motors and other foreign car companies battled for decades to build up their competitive position in China. Musk was building a massive factory in China under favorable terms before he sold his millionth (100,000th?) car. China was wise to try to get this guy on their side, but as today’s video explains, it’s unlikely to work out well for them in the long term…

I’d like to make more videos in this vein, thinking through the outside power of tech companies and what it means for geopolitics, but that depends on how this video does. If you like it, share it around…

If you’d like to earn my undying gratitude, please click where to support this project through Patreon. Please do reach out to us through Twitter, Facebook, Youtube, or our e-mail newsletter.

Video Transcript after the jump…

Continue reading