"Death of Silicon Valley" in this case is such a funny perspective. Like, how twisted is the US's view of the market that they think "Competition? Oh no. Sound the alarms."
Except it’s not competition if US companies can’t access the Chinese market but Chinese companies can access the US market. Just like cars. America is not willing to compete with BYD. But we are 20 years into massive IP theft from China and the naive and short sided leadership in the US that basically traded our knowledge, design and manufacturing knowledge for cheap of shoring, and watch China execute spectacularly to take advantage of the opportunity.
