Steve Hsu

than it is like a Western politician who has to get reelected in two years.

And if you think about what pressures is a CEO under, someone's going to measure their performance, like the market or investors, or maybe the Communist Party Central Committee is going to look at the numbers from Guangzhou from 2025.

And they're going to ask you like, well, what happened to your GDP?

What happened to your average level of education?

What happened to the number of patents that were produced?

You know, all these things they're going to get graded on

And of course, they still have a little bit of sensitivity.

Like if the local labor union protests or people are very unhappy about some policy, that also gets registered, right?

And they're graded on that.

So they're kind of balancing the way a CEO of a company has to balance public opinion, performance of the company, internal R&D of the companies.

I think that all of those factors that you mentioned, and I'll add one more, which is that as a fraction of the total student population in the country, in China, they're about two times more likely to do really hardcore STEM majors than

And so people there tend to be able to do math and do really hard STEM stuff.

And so there's actually no shortage of engineers.

There's just so many good, talented engineers there that they can make progress in many, many different things at the same time.

And so combined with what you mentioned, that the people there are just more pro-technology.

Like a lot of how you feel about technology, we don't really know how this whole thing is gonna play out, right?

So it's all vibes, right?

So it's like, oh, you could have a society that is very nervous about technology, is worried about ecological disasters or AI existential risk.

Or you could have another society that says like, well, we got much, much richer just in my lifetime

And a lot of that was due to just climbing the technological food chain.