KraneShares CSI China Internet ETF

Gavin Baker support ×2 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E238 · 2025-08-09 ▶ 1:30:10

Yeah, it's not comparable to Colossus. So it's just, it's not going to be decisive in this, you know, AI, you know, race that certainly China believes we're in.

And if you didn't control the chop, the thing that made the stamp, you didn't actually control the factory. That is not a long-term recipe for success.

Gavin Baker support ×2 ▲ on 📈 Chinese tech stocks are 2025's best asset E238 · 2025-08-09 ▶ 36:35

The second thing I would say is I do think they are making an effort to throttle it up.

Friedberg oppose ×2 ▲ on 📈 Chinese tech stocks are 2025's best asset E238 · 2025-08-09 ▶ 32:18

And so they are, I would say, rate limited at this point by this particular chart in terms of their competitiveness.

Sacks oppose ×2 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E237 · 2025-08-01 ▶ 53:05

these open-source models are catching up pretty fast. We're ahead in many other aspects. Our chips are a lot better. Our data centers are better and so on.

Gavin Baker reversal ×3 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E236 · 2025-07-19 ▶ 1:01:03

And so I think it's a smart decision for America to sell this chip that gives America the advantage in AI and keeps China from developing kind of their own domestic alternatives, which could eventually kind of challenge Nvidia, AMD, you know, other kind of American AI accelerator champions globally. We don't want that to happen. So I thought it was a mistake when they banned the chips. And I'm really happy and think it's really good for America if that is being reversed.

Friedberg oppose ×3 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E232 · 2025-06-21 ▶ 37:37

So I do think that the lithography IP moat is being crossed in China. I do think that China is developing actually new technology for DUV and EUV systems. I do think that there's a risk to Nvidia's core. ... we're creating every incentive for an alternative to Nvidia to emerge from China.

I think Sacks' work on the diffusion rule, just generally, I don't think has gone enough attention in the rescinding of the diffusion rule, which essentially handicapped our ability to even arm our allies with our semiconductor technology.

Sacks support ×3 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E229 · 2025-05-24 ▶ 1:04:45

I think that most people in Washington believe that the export controls on China make sense, because we simply can't allow our most powerful semiconductors to be used by China because of the dual use. Now, where I agree with Jensen is that I think we should not place undue restrictions on the rest of the world using the American tech stack, because we will simply concede the market share to China.

Chamath support ×2 ▲ on 📈 Chinese tech stocks are 2025's best asset E224 · 2025-04-19 ▶ 45:43

So then you think about, OK, well, what is the implication of this? Well, the implication is obvious. These guys are inventing things. We're playing catch up.

Chamath support ×3 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E224 · 2025-04-19 ▶ 14:20

I think that the technology that they need is extremely non-trivial, and I do think that it actually slows them down quite a bit if they don't have access to it.

Tim Dillon oppose ×1 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E224 · 2025-04-19 ▶ 13:06

I think we should keep them dependent. Keep selling it to them.

Friedberg oppose ×2 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E224 · 2025-04-19 ▶ 11:20

So, Jay Cal, I think they're doing it either way. I think that they're going to invest and build their own EUV and chip manufacturing capacity either way.

Sacks support ×3 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E224 · 2025-04-19 ▶ 7:57

It seems to me that at some point you have to say that some technologies are just too sensitive to be sold to China. And so then the question is, are you drawing the line in the right place?

Jason oppose ×3 ▲ on 📈 Chinese tech stocks are 2025's best asset E222 · 2025-04-05 ▶ 1:29:28

You may not like it when these companies get too powerful, but what happened to Jack Ma is the reason, Friedberg, that I don't believe a dictator will ever compete with our country if we stay entrepreneurial and not socialist.

Ben Shapiro oppose ×2 ▲ on 📈 Chinese tech stocks are 2025's best asset E222 · 2025-04-05 ▶ 1:27:01

So first of all, I think that China does face some serious, real serious structural problems ranging from demographics to debt.

Friedberg support ×2 ▲ on 📈 Chinese tech stocks are 2025's best asset E222 · 2025-04-05 ▶ 1:26:33

Now they've pushed it forward again. And that's what drives the growth and the improvement in productivity and this extraordinary abundance in energy, in mining and now in manufacturing. And it's, I think, going to lead to a great era of prosperity for China.

Friedberg oppose ×3 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E222 · 2025-04-05 ▶ 1:18:44

The components to do the manufacturing, so there's a company called ASML, which everyone that works in tech knows about. They have these advanced lithography systems to make the semiconductors. They don't sell to China, so now China's got their own homegrown lithography systems.

Jason support ×2 ▲ on 📈 Chinese tech stocks are 2025's best asset E221 · 2025-03-29 ▶ 24:46

It's kind of getting set up that almost everything we're building here in the US, China's copying at a very fast pace and then exceeding.

Gavin Baker support ×2 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E221 · 2025-03-29 ▶ 18:57

In the next five years, I think zero. I think it's really, really hard. But over the 10 years, who knows? And if you're the CCP, 10 years isn't that long. If you're America, 10 years is an eternity.

Chamath oppose ×1 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E221 · 2025-03-29 ▶ 18:46

I think they're doing it now. They're trying now.

Cyan Banister oppose ×2 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E220 · 2025-03-22 ▶ 1:22:51

while China is, you know, their kids are the leaders in AI. You know, DeepSeek should show us that, you know, we have underestimated China every step of the way.

Chamath support ×2 ▲ on 📈 Chinese tech stocks are 2025's best asset E218 · 2025-03-08 ▶ 7:01

Quen, which is the open source Alibaba, dropped a Rev, which seems actually really best in class. So that was really interesting.

Naval Ravikant oppose ×3 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E215 · 2025-02-15 ▶ 1:07:19

The point I would agree with is that it's going to happen anyway. And that's what DeepSeek proved. You can turn off the flow of chips to them, and you can turn off the flow of talent. What do they do? They just get more efficient, and they exported it back to us. They sent us back the best open source model when our guys were staying closed source for safety reasons.

Sacks oppose ×2 ▲ on 🏛️ US compute export controls keep China off the AI frontier from 2025 E215 · 2025-02-15 ▶ 45:00

I think that the whole Paris AI Summit took place against the backdrop of this recognition, because just a few weeks ago, we had deep sea. And it's really clear that China is not a year behind us. They're hot on our heels or only maybe months behind us. And so if we hobble ourselves with unnecessary regulations, if we make it more difficult for our AI companies to compete, that doesn't mean that China is going to follow suit and copy us. They're going to take advantage of that fact and they're going to win.