alt Hacker NewsUn-centrally-captureable value that remains distributed is very much economic value. You seem to be falling for the efficient market fallacy.
Un-centrally-captureable value that remains distributed is very much economic value. You seem to be falling for the efficient market fallacy.
If it's actually usable economically then the government will partially recover (capture value) it via taxation. If US suppliers fail to match the predicted effects, then Chinese or other suppliers can. This yields tax receipts in China and elsewhere. So if it's actually 'distributable' then it is worth at least some non-zero capturable amount as sales to foreign governments if the US government will not be participating, even if you suppose no private entities will buy the information.