prc30 on Nostr: There will be many more examples similar to this one. Many more. Second order effects ...
There will be many more examples similar to this one. Many more. Second order effects are real. More to the point - and this needs to be better understood - when you have a competition between low time preference nations and high time preference nations it’s not all that difficult to determine who will win out in the end.
And to think that tariffs are seen as the solution…..
American commercial interests need to fundamentally evaluate their competitive position vis a vis China. It’s is very clear that this sort of exercise has yet to be conducted and (unironically) the CEO of Skydio demonstrates this point spectacularly.
Not only was this individual instrumental in driving the bill to restrict DJI access to the American market, he now has the nerve to petulantly protest when those actions prove to be directly, and adversely, consequential.
He had to have expected - given the risks to his supply chain - an outcome such as this. It’s like page 3 of the standard China 101 playbook. High time preference vs low time preference.
Competitive advantages achieved on the back of favorable government regulations - alone - are simply not sustainable. Your product and/or service has to demonstrate value to the customer. For American manufactures this point has clearly not landed yet. And time isn’t on their side.
https://techcrunch.com/2024/10/31/us-drone-maker-skydio-faces-battery-squeeze-after-chinese-sanctions/
And to think that tariffs are seen as the solution…..
American commercial interests need to fundamentally evaluate their competitive position vis a vis China. It’s is very clear that this sort of exercise has yet to be conducted and (unironically) the CEO of Skydio demonstrates this point spectacularly.
Not only was this individual instrumental in driving the bill to restrict DJI access to the American market, he now has the nerve to petulantly protest when those actions prove to be directly, and adversely, consequential.
He had to have expected - given the risks to his supply chain - an outcome such as this. It’s like page 3 of the standard China 101 playbook. High time preference vs low time preference.
Competitive advantages achieved on the back of favorable government regulations - alone - are simply not sustainable. Your product and/or service has to demonstrate value to the customer. For American manufactures this point has clearly not landed yet. And time isn’t on their side.
https://techcrunch.com/2024/10/31/us-drone-maker-skydio-faces-battery-squeeze-after-chinese-sanctions/