Gone are the days for US Tech on quick and easy money — China is making the US Tech face the realities of being relevant or being replaced. My suggestion for folks like Apple, Microsoft, FB take a chapter from Alphabet’s playbook and focus on those technologies that truly revolutionize the technology landscape, multiple industries, etc. Stop throwing money at gadgets and easy replicated apps and services. Let China own it because eventually they will. Focus on things like biocomputing, QC, space, etc. Because anything copied multiple times and quickly means it is easily replaced by the next cheaper and better gadget.
The recent Uber acquisition drama in China has given a new twist to the country’s technology sector.
Domestic tech companies are straining at the leash to go global while also defending their home markets from foreign competitors.
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