The US election, which attracted the attention of people all over the world, has finally come to an end. Trump, the "black swan", was unexpectedly elected as the president.
This has given many entrepreneurs and technology leaders in Silicon Valley a nightmare, because many of the policies they advocated during the election will bring huge setbacks to U.S. technological innovation. On the other hand, China's Internet is showing an overtaking trend. It has a strong ability to innovate. Therefore, at the same time, Baidu founder Robin Li also said on Tieba, "Will the world's innovation center shift from Silicon Valley to China?" This is really worthy of analysis.
1. Why Trump is a disaster for Silicon Valley
Just in July this year, more than 100 Silicon Valley technology tycoons publicly signed a petition against Trump, including Twitter co-founder Evan Williams, Apple co-founder Steve Wozniak, Facebook co-founder Dustin Moskovitz and other celebrities.
The relevant policies advocated by Trump are not conducive to innovation in Silicon Valley. Once implemented, it will undoubtedly be disastrous for the entire American entrepreneurial environment. Its main destructive effects are as follows.
1) Immigration policy. Trump believes that the immigration policy is too open, which has also caused foreign technical personnel to directly lower the wages of American personnel after entering the United States. It will greatly increase the visa threshold to protect domestic employment. This has Silicon Valley technology companies lamenting.
2) Opposing free competition and being protectionist, Trump is also resistant to Chinese companies. For example, he clearly expressed his resistance to Apple’s use of Foxconn OEM because it did not create jobs for domestic companies. During the campaign, he also called on his supporters to boycott Apple, which is also unprecedented.
In addition, high tax policies must be adopted for companies such as Huawei and ZTE in order to better protect domestic companies. This will also subject many competitive companies in China, South Korea, Japan, etc. Serious setback. On the day of its victory, a series of Chinese concept stocks suffered heavy losses.
3) Use all means to control Internet companies. In addition, Trump is also full of opinions on Internet companies. In addition to Apple, major Internet companies are also the targets of his criticism. For example, Amazon has also been It has long been the target of attacks, claiming that it has been monopolizing the market, and that its acquisition of the Washington Post influenced American politics to help Amazon obtain better tax treatment.
In short, after Trump is elected, Silicon Valley will most likely suffer a disaster.
Second, China is indeed overtaking Silicon Valley
When we turn our attention back to China, we will find that the growth of Chinese Internet companies in recent years has begun to attract the attention of American counterparts.
In the early PC era, Chinese Internet companies were more learners than creators. All products and technologies were learned from abroad. But in the era of mobile Internet, this situation began to change. The United States has a complete infrastructure, so the mobile Internet is at most a supplement rather than a subversion. But for China, a country with extremely poor infrastructure, the mobile Internet has brought about earth-shaking changes. Opportunities, the Internet is becoming a new water and electricity for the entire industry, and the proposal of "Internet +" has also made the public realize for the first time the role of the mobile Internet in transforming our country.
Compared with the United States, China’s Internet attacks are as follows.
1) Infrastructure overtake
Mobile base stations: Except for highly dense cities, other areas in the United States can be described as vast and sparsely populated, so profit-seeking suppliers are very concerned about profitability. Areas with smaller capabilities are not willing to pay the cost, which results in incomplete base station coverage in the United States. As for China Mobile and China Unicom, it has access to state administrative power. Under the requirements of large guidelines, it has forced the technical capabilities of China Mobile, China Unicom and other operators to achieve large-scale coverage.
Mobile payment: At present, mobile payment in China has become popular everywhere. Alipay and WeChat have become essential in major supermarkets and restaurants. However, the United States is still in the stage of swiping credit cards, which is extremely inconvenient, and transfers are even Checks still need to be completed, and we’ve long since implemented mobile transfers.
O2O: At present, restaurant reservations, takeout, etc. in the United States are still traditional phone orders, which is extremely inconvenient. However, China has already achieved standardization in all aspects of inquiry, queuing, payment, etc., which is very important for all Americans. It is an unprecedented experience for people.
2) Catching up with cutting-edge technology
The above represents China's overtaking in infrastructure, and at the same time, China is not inferior to others in cutting-edge technology.
Baidu, Baidu currently represents the most cutting-edge technological power in the country. It invests 20% of its revenue in technology research and development every year.
In February this year, "MIT Technology Review" rated Baidu's Deep Speech2 deep voice learning technology as one of the top ten breakthrough technologies, and it was closely related to the aerospace industry. Science and technology, nano-engineering, etc. are tied, and it is also the only Chinese company selected. In June, "MIT Technology Review" ranked Baidu as the second innovative company among the "Global 50 Most Innovative Companies", directly above Tesla, ZTE, and Huawei. At the same time, in October this year, Fortune magazine named Baidu, Google, Microsoft, and Facebook as the four AI giants, and it was also the only Chinese company.
iFlytek is also a very representative company in technology. Its deep voice technology has been applied to various industries, and its share in mainstream industries such as telecommunications, finance, electricity, and social security has reached more than 80%. , with more than 10,000 development partners, it has reached a certain scale.
Huawei, currently Huawei has obtained a total of 50,377 authorized patents around the world, including a total of 30,924 authorized patents in China. It has always invested heavily in technology and intellectual property rights.
With the overtaking infrastructure and catching up with cutting-edge technology, the innovation capabilities of Chinese Internet companies have long been out of the ordinary, and they have become the target of learning from major American Internet companies.