logoalt Hacker News

philipkglasstoday at 5:11 PM2 repliesview on HN

Most of the world's democracies don't have influential AI companies, so if the voters want X and companies want Y, X will win. There's little reason for Indonesian politicians to prioritize the interests of American or Chinese AI companies over domestic voters.


Replies

asdfftoday at 6:41 PM

>There's little reason for Indonesian politicians to prioritize the interests of American or Chinese AI companies over domestic voters.

You kidding? They have every reason to because the leaders of Indonesia make investments into these companies. No matter where you are on the globe, the oligarchy does not give a crap about the little man. They care about the profit angle. Indonesia readily hands out mining rights to foreign companies for example.

"However, Chinese firms have dominated Indonesia’s nickel sector thanks to significant investments. In 2023, Indonesia was the single biggest recipient of China’s Belt and Road Initiative, receiving $7.3 billion in investment. Chinese companies have also constructed over 90 percent of Indonesia’s nickel smelters. Chinese firms operating in Indonesia include Tsingshan Holding Group, Zhejiang Huayou Cobalt, Ningbo Lygend (part of CATL Group), Wuling Motors, and China Molybdenum Company."

https://www.csis.org/analysis/diversifying-investment-indone...