Grace Hsiao

And that is their biggest goal.

Because at the end of the day, like you said in the very beginning, their goal is to optimize their existing businesses already and bring AI to the mass consumer as fast as they can.

I think even during the internet era, we saw a lot of Chinese nationals or Chinese ethnic people returning to China, right?

I think it's easy to blanket statement as geopolitical headwinds, people are scared.

But realistically, I think most people are just trying to take care of their families and live a good life, right?

Right.

I hate to sound so crass about it, but sometimes it's what your package looks like.

And to overgeneralize, I've heard from many researchers say, look, if my wife is a lawyer in China, my wife is a nurse in China, my wife is a teacher in China, that kind of employment opportunity is very, very hard to actually transfer to a new market.

If I can get a similar package and a growth opportunity in one of the big labs in China, I will pick that over living in the US.

And on top of that, I think that something is lost in the nuance is,

My parents immigrated to North America 30-plus years ago.

It was a very clean-cut, like, quality of life.

It's just, like, objectively better in any city in North America compared to any city in China.

Now that's kind of a personal debate, right?

Because it depends on what you really value.

If you want to be close to city center, you want that fast-paced, like, techno, EV, futuristic lifestyle—

China actually gives that to you.

And then on top of that, if you want to be close to your family, it's a very personal reason.

So I've met a lot of researchers who actually decided to come back to China or this part of the world simply because they wanted to do it for personal family reasons.

I think you definitely get less of that sports star vibe or mentality here.