I’m sitting in the final session of the World Economic Forum’s Annual
Meeting of the New Champions (or “Summer Davos,”) and my head is
numbingly packed with economics and facts. But former Google China
president, Kai-fu Lee
just snapped me out of it when he said that the next Google or Apple
won’t come out of China, won’t come out of Asia, and will likely come
out of the United States. He went further to say a Google or Apple
wouldn’t come out of China for another fifty or 100 years, thanks to the
lackluster educational system.
What? Then why does he have an incubator here?
To be fair, Lee is bullish on what he calls “micro-innovation” or what we’d call rapid iteration in the Web 2.0 world. He draws a distinction between Facebook and Chinese Web giant Tencent and Apple/Google, saying Facebook and Tencent took ideas from others and iterated on them, while Apple and Google were huge innovations.
To read the full, original article click on this link: How Did I Get More Bullish on Chinese Innovation than Kai-fu Lee?
Author: Sarah Lacy
