Wrote this eons ago:
I fully expect Baidu and other tech giants on the Chinese shores to try and push the boundaries of technology. Silicon Valley (and the US) in general has always been the hot-bed of innovation. But with enormous increase in wealth in China (and to an extent in India), I can see these companies being more and more ambitious. Not long ago Andrew Ng of Coursera and Stanford AI Lab fame joined Baidu to further their rival to the 'Google Brain' project.
Xiaomi has long been positioning itself as a company with design chops of Apple, engineering chops of Google, and e-commerce chops of Amazon, all rolled into one-- and I can see where they are coming from. If they manage to pull it off, I guess that's when we'd start seeing the proverbial "Death of Silicon Valley" as in, it loosing its strange monopoly and strangle hold on tech world in terms of both talent and innovation.
"Death of Silicon Valley" in this case is such a funny perspective. Like, how twisted is the US's view of the market that they think "Competition? Oh no. Sound the alarms."
Except it’s not competition if US companies can’t access the Chinese market but Chinese companies can access the US market. Just like cars. America is not willing to compete with BYD. But we are 20 years into massive IP theft from China and the naive and short sided leadership in the US that basically traded our knowledge, design and manufacturing knowledge for cheap of shoring, and watch China execute spectacularly to take advantage of the opportunity.
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