Robert Greene points out the image of The Hunter. He does not lay the same trap for the wolf as for a fox. He does not set bait where one will take it. He knows his prey thoroughly, its habits and hideaways, and hunts accordingly.
And in the same manner the Chinese are coming after the internet and thus the future. Here’s how:
The first step was for the Chinese government to turn some of the smartest computer scientists into hackers. And then state sponsor them as little knowledge missiles to gather information about our vulnerabilities and most importantly to ascertain and then steal our technological secrets. Although well documented, each day businesses and our government are hacked and our secrets are following back to mainland China.
The second step was to close the capital loop. With nearly 1.3 billion people, the internet and mobile technology was coming to China regardless of what central communist authorities dictated. But the Americans were (and still are) clearly ahead in both consumer and the efficiency of the enterprise internet. Our capital system, even though it collapsed during the first dot com bubble still has hundreds of thousands of Venture Capitalist, Private Equity firms, Hedge Funds, Private family offices and angel investors who are willing to pump billions of cumulative dollars into speculative companies in the hopes of a one day multiplied return on invested capital. China knew they could not compete with not only the speculative capital but also the home grown talent we have.