• Avid Amoeba@lemmy.ca
      link
      fedilink
      arrow-up
      2
      ·
      edit-2
      6 days ago

      I wonder if some of these execs see the potential long term decline and self-isolation of the US and consider having to move out of the US altogether in order to be able to maximize international profits as those are probably expected to grow. With that said, the equation is different for say Nvidia and Meta. While Nvidia could move to a China-friendly destination, even to China itself, and become a blessed corporation able to sell around the world, the same won’t be possible for Meta. Meta’s product depends on the local population. They can’t operate out of Singapore and sell a good around the world and into the US. And both the European and Chinese markets have much stronger regulation on Meta’s operation than the US. So if they move out of the US, there’s no upside as EU and China won’t let Meta go wild with people’s data. I guess that points to a distinction between firms for which the large userbase is the product and firms which make a traditional product, be it software, service, or hardware.