Applied Intuition CEO Qasar Younis explains why Western observers misunderstand Chinese tech giants by applying capitalist frameworks.
Opinion
Younis: Chinese EV makers appear superior only because they disregard profits
“So we say, look how amazing these Chinese EV companies are and look how bad the home team is. It's just because the home team is being assessed for being a business. It has to make profits. And because it doesn't, it gets hammered by public investors. The othe…”
Assertion Not checkable as stated
Younis: Applied Intuition has never spent any raised venture capital
“Our claim to fame, which is kind of a crazy, you know, reality is we've never spent any money we've ever raised, you know, in the history of the company, which is kind of, it almost sounds like it's made up. It says that the company is almost 10 years old, you…”
Prediction Not checkable as stated
Younis: Unassisted driving will be viewed like child labor in 30 years
“And I do believe in 20 or 30 years, not that much longer, we'll look back and we'll kind of be like, it's kind of like we think about child labor, you know, in a post-industrial revolution, that was a normal thing. You would send kids who are in middle school …”
Prediction Not checkable as stated
Younis: Earliest robotics will upgrade existing hardware like cars and mining vehicles
“I think like the most obvious use cases that will come early are going to be use cases where you get the most amount of bang for buck. And the bang for buck is a car that drives itself or a mining robot, which is a mining vehicle, which is now intelligent. And…”
Assertion Not checkable as stated
Younis: Every car company is developing a Tesla FSD rival
“I think generally speaking, every, every single car company on the planet right now is working on a product. That's like a Tesla FSD product. Every single car company there without exception.”
Prediction Open · timeframe Mar 2033
Younis: Autonomy will be standard and near-free within seven years
“It will not be a long time. You're already seeing this happen in China where the downward pricing pressure for that autonomous product for the lack of better word will become close to free. So now you fast forward five to seven years and every car Has some lev…”