Prediction certainty 3/5 debate potential 3/5

Lonsdale: China will not tolerate creative destruction required for future innovation

Joe Lonsdale · Stephen Harper: Rejecting Wokeness, Addressing China, and Defending Western Values · Joe Lonsdale · Jul 27, 2021 · at 27:04

Joe Lonsdale, founding partner of 8VC, discusses whether China's state-controlled model can sustain long-term technological and economic dynamism.

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“I tend to think that China is not going to allow enough creative destruction that will be required by the innovation coming in the next 10 or 20 years, and that maybe is an optimistic thing that we will hopefully be able to be better to deal with in North America.”

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