Gurley urges people to watch China auto show videos to see competitive reality of innovation there.
“This is just deglobalization highly inflationary and will make our companies less competitive, not more.”
Gurley says China graduates 35% STEM versus below 10% in US, giving them necessary advantages.
“the number of graduates in China's university system that are STEM is 35%, and that number is below 10 in The US.”
Gurley criticizes anti-Chinese sentiment, arguing China leads in EVs and infrastructure while America has holier-than-thou attitude.
“And we have this holier than thou attitude that America is the best and that we're the leader and we're being passed.”
Gurley states South Korea builds nuclear fission plants for one-fourth the US cost.
“South Korea, not China, South Korea can build a nuclear fission plant for one fourth the price that we can in The US.”