/biz/ - Business & Finance

Anonymous Sun Jul 30 13:34:24 2017 No.2911016 [View]
File: 417 KB, 975x634, gates.png [View same] [iqdb] [saucenao] [google]

>>2909389
Gates and Musk break down why America is the best.

It comes down to decentralization. America funds different scientific projects with no central command, and lets the best ones succeed. Universities and gov projects are all independent, fostering innovation.

Japan and China fund everything according to a strict plan, and end up backing the wrong stuff.
Gates says people thought Japan was smarter than America in the 80s, but America ended up being right in the end.

https://www.youtube.com/watch?v=NG0ZjUfOBUs

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