陶傑說關於華爾街評估投資風險並不全對. Theranos 的 創辦人, 19 歲的Elizabeth Holmes, 大學沒有讀完就可以得到數以億美元的投資,就是因為她父親的關係.Christian Holmes 是Enron 前 Vice President. 後來又在美國政府高層任職. 根本全家都是騙子. Wikipedia 這樣說: "The early credibility of Theranos was in part interpreted as an effect of Holmes's personal connections and ability to recruit the support of influential people including Henry Kissinger, Bill Clinton, George Shultz,.." Bill Clinton 還特意上電視介紹 Elizabeth Holmes 為最年輕的科技天材及 entrepreneur. 其實為財無義,古今中外都是一樣態度. 不同者,在中國,有權有勢,可以逍遙法外. 在美國,還是有一點兒司法公正的.
We can look at other successful countries to set a model, however, we can also engineer our own miracle. Nazi Germany and Soviet Union did not have Western style of freedom or democracy yet they still pioneered some of the most advanced technologies at the time. Given China's great pool of talents and the Chinese society's eagerness towards new technology we should not doubt China's ability to create leading technologies. Who would have thought just 10 years back that Huawei would become a global company in the smart phone industry just behind Apple and Google? Who would have thought 10 years ago that Shenzhen would surpass Hong Kong in GDP, and that it would become China's Silicon Valley with great growth potential still untapped? Hong Kong may have cemented it's place as the financial hub of Asia under British rule, but in today's global economy, smarter living and utilisation of new technologies for everyday use are the focus of growth, wealth, and global competitive advantage. City state economies cannot compete with global powers! Hong Kong should consider itself lucky to be included in the Greater Bay Zone economy to enable it to use it's competitive advantage to drive further growth in the Zone and in turn benefit itself. If you grow the cake bigger then you get a bigger share too! If it doesn't accept this role and isolate itself it will just become irrelevant and fall from grace quicker than you think. Just look at how much Taiwan declined over the last 25 years as a result of this attitude, now they have democracy but are no longer rich, if it keeps this up for long it might get stuck in the middle income trap just like some South America countries are.
What you said about some technology from one/two countries is similar to looking at a star vs looking at a galaxy. First, forget about the country level, if you want to design a game for people to make money, you need to have a fair game rules. Once these rules are set, more and more people will join. There will be some people don't like to play and they are free to leave. This is the building blocks of a money making game. When you want to start a new game, company or even a country, ask yourself " how do I design so that 1, most people have a chance to make money 2, most people like to stay 3, not only for one generation, it will work for other generations 4, it last a long time. 5, other empires like Roman empires, chinese dynasties, Egyptians...etc what are the reasons they failed? What can we learn from them? I am sure some people will disagree and if they have a better idea, feel free to explain how it's better. My 2 cents.
@@g600f700 My comments mainly focus on the practicality of the state run economy such as China's using Nazi Germany and Soviet Union as reference, as they had a similar centralised power regime like China's, yet were similarly successful on the technological front. Their collapse were brought about not by their centralised way of ruling but by war and Facism (Germany), and failed economical reforms (Soviet Union). The point is that these examples show that centralised ways of ruling do not fail innovation or technological advances. Given China is a civilisation state with a modern system of rule at only 70 years young, so long as it remain stable with a focus on the core technologies and the right policy reforms it will surely thrive. It is true that China is not as open politically and does not have complete freedom of speech but given time and development it will surely improve. The west as we know it today such as the US had racial segregation policies up to the 1970's, it is only through constant improvements overtime that they achieved today's freedom. Likewise, China will improve overtime.
@@lagunadeseca ...I am sorry...HK had been tripped and dream the fantastic as YOUR thinking since the HAHDOVER..Now,,what's happenings in H K in the last six years....the whole world seen it...!!
@@ttssinmood9677 It is true that Hong Kong is counting on China to improve and in turn benefit HK. The disappointment lies in the fact that Chinese cities such as Shenzhen thrived more rapidly over the last couple of decades than Hong Kong, and that Hong Kong doesn't have democratic elections to enable it to do what they want. Yet again neither did Hong Kong have democratic freedom under British rule, but Hong Kong was still able to achieve it's miracle back then. The only exception is China has become stronger, being the 2nd largest economy and still booming. Though I too like Hong Kong and it's culture and influence in the hay days, I think it must wake to the new reality which is that you need to cooperate with China to gain your next wave of growth. Otherwise the resentment and declining attitude will bring HK down... It will be sad to one day see HK being surpassed by Singapore due to this resentment. HK has far too many reasons and advantages to thrive so much better than Singapore, Singapore couldn't even dream of swapping places with HK and be in the Greater Bay Zone, as they know that with the right implementation they will thrive, Singapore couldn't dream of Malaysia or it's closer neighbors to give it anything close to this advantage!
About 20 years ago, when HuaWei started a new office in California, they contacted me in the East Coast and asked me to be their consultant in acquiring US intellectual properties. In particular, they were interested in terabit routers and network processors. I put together a small team from MIT and Harvard to do the research for them. To make a long story short, my impression of HuaWei was they did not seem to know much about the Internet and Telecom technologies. But that was 20 years ago. HuaWei is probably better now. Still, the Chinese ought to invest more efforts in fundamental research, instead of relying on Western technology. Their R&D infrastructure is pretty weak. Early in my career, I was with BB&N (Bolt, Beranek, and Newman) where my colleagues invented the Internet. For many years, I did technical consulting for a number of major telecom companies. I know the industry very well. I don't understand the hoopla surrounding this 5G technology. 5G is convenient for playing online games or downloading movies, not much else. It is laughable to think it will make an impact in military applications, which require completely different standards from civilian networking protocols. For that matter, check this out: "該波形稱為第5代先進訓練波形(5GATW)已由馬塞諸薩技術學院林肯實驗室研發,並在9月進行了最後的試飛,實驗中,該波形在地面站和2架飛機間傳遞了儘可能多的數據 ". Search online, and you will see the full story. 5GATW was designed and developed by my team (Tactical Airborne Networking Group) at the MIT Lincoln Lab over 3 years ago. The project was sponsored by the US Navy. We delivered the working prototype to Cubic, which turned it into a functional system for deployment. Our lab is a research institute; our job is to demonstrate a proof-of-concept, not to build products. Since then, we have moved onto more advanced research and technology. I, and my MIT colleagues' opinion is 5G is mostly hype. It might work in densely populated cities, but at a cost. In remote, wide-open areas with small populations, because of its short wavelength, it is not a viable solution. I think the future of wireless communications is in airborne infrastructures, such as small, low-flying satellites and space stations. Our lab started working on the airborne technology over 10 years ago. The reason Elon Musk's SpaceX exists is to help us launch these internet satellites. I truly don't understand why some people think the Chinese might have an edge over the US in communications technology. Perhaps I can paraphrase 鄭經翰: "你不認識華為就被它嚇死. 你認識華為就被它笑死."
Tao said that silicon valley is so creative. Someone thinks about opening a web-site to let home owner to rent out their home to travelers. Wall Street has at once input ton of money and the web-site becomes Airbnb. China cannot do this. Does he know that years ago, a young guy called Ma played so many video games to a point that he developed a big tech giant called TenCent? Ma did not even get the money from Wall Street. So Ma is more powerful than those guys in silicon valley. Does Tao know that a young student from U of Hong Kong of Science and Technology built a drone in the U for his thesis and the drone was further developed to be the DJI company, a huge international company controlling the drone market. This student did not get the Wall Street money and so he is more powerful than silicon valley. Does Tao know that Facebook's Zuckerberg went to China to learn how to use an App, WeChat to send money or paying bill. Zuckerberg is trying to repeat the same in USA. Does Tao know that in the world, China has the second largest number of Unicorn in the world, next to USA? Does Tao know that Hong Kong does not have even one Unicorn? By the way, does Tao know what a Unicorn is? If not, please go to China to learn about it before you speak in this channel. Thanks.
Hongkongers, mainly descendants of Chinese refugees fleeing Communist persecution, didnt mind becoming the second class citizen as you described during the colonial era since they were able to enjoy freedom and human rights that you mainlanders feel envy. The host just tells the truth that stupid patriots find it hard to accept