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tomato-is-vegetable OP t1_jd88nxf wrote

This has got plusses and minuses. It's good to see more money poured in to AI development, but in this case it was because of sanctions, and the world economy becoming split is detrimental to ordinary people. The sanctions may cause money to be wasted on redundant R&D that reduplicates effort elsewhere. Still, I bet Huawei made some great progress with their $24 billion.

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FuturologyBot t1_jd8djbb wrote

The following submission statement was provided by /u/tomato-is-vegetable:


This has got plusses and minuses. It's good to see more money poured in to AI development, but in this case it was because of sanctions, and the world economy becoming split is detrimental to ordinary people. The sanctions may cause money to be wasted on redundant R&D that reduplicates effort elsewhere. Still, I bet Huawei made some great progress with their $24 billion.


Please reply to OP's comment here: https://old.reddit.com/r/Futurology/comments/11yman6/huawei_spent_almost_24_billion_on_rd_in_2023_to/jd88nxf/

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ovirt001 t1_jd9fjeh wrote

The positive lean is because this is state-owned media. The reality is they spent $24 billion with little to nothing to show. It doesn't matter how much money China throws at R&D, it will never lead in it.

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Susgatuan t1_jd9fuq1 wrote

How do you spend $24 Billion researching a developing a way to remove the back doors you yourself created?

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Yumewomiteru t1_jdajbzq wrote

Huawei has shown that they cannot be stopped by US sanctions, instead they created a self sufficient ecosystem.

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NoahManiacal t1_jdbyhtw wrote

A private company spent 24$ billion like that and can survive? Yeah ok, I’m sure they aren’t fully funded by and under direct control of the Chinese government.

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