Gerard DiPippo

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New @RANDCorporation report on China's techno-industrial policies under Xi! With @JonathonPSine and Benjamin Lenain. We detail the evolution, goals, and instruments. Lots of charts and summary tables! Please enjoy.
rand.org/pubs/research_…

Totally agree with everything in this @jasonfurman post, both analytically and emotionally. The pipeline problem is real. I wish people wouldn't pretend that most organizations will pay to train junior staff who will end up going elsewhere, especially when facing competitive pressures from other firms using AI. Big companies or the government can maybe do this, but not most firms. We need to think more about how to subsidize expertise (context) building among younger workers.

Fun, nerdy chat about China's economy and techno-industrial strategy with @Henrietta_Ivy on Pekingology. Perhaps worth a listen.
csis.org/podcasts/pekin…

Trying Puglian cuisine. Orecchiette con cime di rapa. Branzino alla pugliese.

China releases Q3 GDP tonight. In nominal terms, AI is a big part of China’s export boom. Chips and computers account for more than 40% of the recent export increase. But on a net basis, AI trade is weighing on China’s trade surplus. The surplus growth comes from vehicles and other machinery.

The chip export boom is also mostly about prices. In September, China’s chip exports rose 136% in value from a year earlier, but the number of chips rose only 1%. Most of that is memory chips, where the global shortage has driven up prices. So AI trade isn’t adding much to real export growth. If net exports boosted real GDP growth in Q3, it wasn’t because of AI.