In this special episode, we continue our series with Michael Sekora, founding director of the Socrates Project within the Reagan White House. In part two, he sheds light on specific examples of how the Socrates Project would tackle challenges, the different approaches between tech-based and finance-based planning, and more.
Sekora noted: “In most cases, what China’s doing is building up their capabilities to eventually push the United States out of that industry, and they take more and more and more. But if you know exactly what China’s technology strategy is, you can play the game to leverage what they have in terms of technology, cheap labor, and whatever without putting them into a position of eventually pushing up, pushing you out of the market … such that you can balance out the cost, you can balance out your near-, mid-, and long-term competitive advantage.”…
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