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mekka okereke :verified:

The USA can't stop the world from doing science. We can only stop ourselves from doing science.

We're making a conscious choice to make China the world's leading research nation.

Congratulations to China on their ascendancy I guess.

The line chart shows gross domestic expenditures on research and development (R&D) for various countries from 2000 to 2020. Here are some key observations: * The United States leads in R&D spending: It has consistently been the highest spender throughout the period, with a significant increase in spending over time. * China's R&D spending has grown rapidly: China started with much lower spending in 2000 but has experienced the most dramatic growth, nearly catching up to the US by 2020. * Other countries show more moderate growth: Japan, Germany, South Korea, and the United Kingdom have also increased their R&D spending, but at a slower pace compared to the US and China. * Spending is adjusted for purchasing power parity: This means the figures are adjusted to account for differences in the cost of goods and services across countries, allowing for a fairer comparison of actual R&D investment. The chart highlights the growing importance of R&D for economic competitiveness, with the US and China emerging as the dominant investors in this area.
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Anthony Baker

@mekkaokereke @nlowell Would be interesting to see a breakdown of this chart by field/industry for USA and China. Where are they making investments? Where are we? I'm going to assume they don't all align.

mekka okereke :verified:

@AnthonyBaker @nlowell

One difference right off the bat:

They spend a higher proportion on green / renewables R&D than we do.

Their thesis:
The world will need to get off of fossil fuels or face destruction. Therefore, affordable solar, affordable batteries, affordable cars and grid management, scaled grid storage, etc, are fledgling industries today that will become indispensable tomorrow. We should subsidize R&D today to a massive degree, so that our companies have a leg up in the global market from 2030 to 2050.

If this sounds like AOC's Green New deal, that's right.

Jan 23, 2025, 05:37 PM·Public
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