Comment by lotsofpulp

The sentiment I was countering was that American businesses do not invest in technology, nor do American business leaders think about the long term, and the examples surely show that. Successful or not, and selling something detrimental or not, they do spend many, many billions of dollars on bets that may not pay out.

You can even look to pharmaceutical companies for American business that have development timelines measured in the decades and investments measured in the billions. These aren't plays that executives profit from in 6 months, or maybe even 60 months. Real estate development is another business where investment timelines are in the decades.

I don't know enough about Chinese businesses, but I assume I cannot compare the motivations of Chinese business leaders to American business leaders, as Chinese business leaders seem less free than American businesses to capture profits for their investors.