So what does a place of origin signify? The different market conditions, political context and imo most importantly, the development stage of the country.
1) Let's talk about the question of 'how should we think about Chinese tech'
What do we talk about when we talk about Chinese tech? Who is 'we' here? How do you pronounce Elema?
I've hit 10k in followers and it's time to earn my stripes as a thinkboi.
So what does a place of origin signify? The different market conditions, political context and imo most importantly, the development stage of the country.
China's different market conditions and political context often means a parallel tech world
- Copy is not wrong, in fact, it shows you've picked a de-risked business model
- There are no unscalable resources, esp when labour is cheap
https://t.co/TeWzeTV2Wm
What happens when a developing country is innovating?
A lot of phenomenons of Chinese tech makes more sense once you consider it through a developmental lens on institution creation.
Chinese Mobile payments happened not just because credit card didn't take off, but because governments never created the institutions called credit agencies
I think China's also more upfront about the fact that tech giants are institutions and should therefore be held accountable to the same level.
Whether it's Grab or SEA in south-east Asia or Rappi in South America
In the West, you'll just be getting Substack 10 years after paid WeChat official accounts
https://t.co/MRIfXWCPCZ饿了吗
- @TechBuzzChina - great primer
- GGV's 996 podcast backlog (it's now called The Next Billion)
- Acquired podcast on PDD, Tencent and Alibaba
- My newsletter?
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THREAD: 12 Things Everyone Should Know About IQ
1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE
2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n
3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)
(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)
4. IQ predicts many important real world outcomes.
For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3
5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)
1. IQ is one of the most heritable psychological traits – that is, individual differences in IQ are strongly associated with individual differences in genes (at least in fairly typical modern environments). https://t.co/3XxzW9bxLE
2. The heritability of IQ *increases* from childhood to adulthood. Meanwhile, the effect of the shared environment largely fades away. In other words, when it comes to IQ, nature becomes more important as we get older, nurture less. https://t.co/UqtS1lpw3n
3. IQ scores have been increasing for the last century or so, a phenomenon known as the Flynn effect. https://t.co/sCZvCst3hw (N ≈ 4 million)
(Note that the Flynn effect shows that IQ isn't 100% genetic; it doesn't show that it's 100% environmental.)
4. IQ predicts many important real world outcomes.
For example, though far from perfect, IQ is the single-best predictor of job performance we have – much better than Emotional Intelligence, the Big Five, Grit, etc. https://t.co/rKUgKDAAVx https://t.co/DWbVI8QSU3
5. Higher IQ is associated with a lower risk of death from most causes, including cardiovascular disease, respiratory disease, most forms of cancer, homicide, suicide, and accident. https://t.co/PJjGNyeQRA (N = 728,160)