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5 Lessons from China's Internet Companies
Wang’s story is about more than just the copycat who made good. His transformation charts the evolution of China’s technology ecosystem, and that ecosystem’s greatest asset: its tenacious entrepreneurs. Those entrepreneurs are beating Silicon Valley juggernauts at their own game and have learned how to survive in the single most competitive startup
... See moreKai-Fu Lee • AI Superpowers: China, Silicon Valley, and the New World Order
We already see this trend toward monopolization in the online world. The internet was supposed to be a place of freewheeling competition and a level playing field, but in a few short years many core online functions have turned into monopolistic empires. For much of the developed world, Google rules search engines, Facebook dominates social network
... See moreKai-Fu Lee • AI Superpowers: China, Silicon Valley, and the New World Order
When looking to disrupt a new industry, American internet companies tend to take a “light” approach. They generally believe the internet’s fundamental power is sharing information, closing knowledge gaps, and connecting people digitally. As internet-driven companies, they try to stick to this core strength. Silicon Valley startups will build the in
... See moreKai-Fu Lee • AI Superpowers: China, Silicon Valley, and the New World Order
