Maybe China can invest a lot more into the technology of today because it doesn’t have old, ailing infrastructure and debt to worry about. The US’s infrastructure was the envy of the world too when everything was new.
I’m curious how China’s pre-UHV power grid investments compare to the US’s. Did China build its conventional infrastructure at prices already reduced by the global market and therefore pay much less than the US did when it was trailblazing, like China is today? How is China going to manage it’s by-then outdated infrastructure 50 years from now?
Maybe more important for “long term thinking” isn’t how can we build the coolest thing today, but how can we do a decent job of keeping pace with innovation.
I’m curious how China’s pre-UHV power grid investments compare to the US’s. Did China build its conventional infrastructure at prices already reduced by the global market and therefore pay much less than the US did when it was trailblazing, like China is today? How is China going to manage it’s by-then outdated infrastructure 50 years from now?
Maybe more important for “long term thinking” isn’t how can we build the coolest thing today, but how can we do a decent job of keeping pace with innovation.