Silicon Valley's China syndrome

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Chickens coming home to roost

With 90%+ rates of piracy and no concept of intellectual property rights, the Chinese will pretty much take whatever we give them. Why millionaire and billionaire CEOs of software and hardware companies think any different is really an indictment of the greed in these people outweighing their ability to see beyond the next earnings statement. Now that our software, hardware and industrial companies are sharing their designs and IP with the Chinese, we will soon see the power of the Chinese to bring out products at lower prices because they will not pay royalties and they can use gov't coerced labor. It's a perfect storm for those who hold IP rights, soon they will be of less value than toilet paper. You can thank all those who chose to do business in a country that has no IP laws, no freedom and uses coerced labor to keep costs down. We are getting what we deserve.

Posted by: Sunny Jalolly   Posted on: 02/07/05 You are currently: a Guest | Members login | Terms of Use

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