Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

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Wednesday, 6 May 2026

Zero in Beijing

Zero in Beijing

I woke up to the headline that felt like a geopolitical cold shower: Jensen Huang (jensen@nvidia.com) saying Nvidia's market share in China has gone from "95% to 0%" — that the company is effectively "100% out" of China. The statistic landed hard because it isn't just a business metric; it's a map of how technology, policy and national interest now redraw markets overnight (Tom's Hardware, Times of India).

Why this matters to me — and to us

This story is about more than one company losing revenue. It's about the architecture of a global innovation system being forced to fragment. I have written before about nations building their own AI stacks and the opportunity that brings (Our Own AI Systems : On the Way). But what we are watching now is the consequence when markets are shut by policy rather than won by competition.

  • When Jensen Huang (jensen@nvidia.com) says "we're 100% out," he's describing a break in an innovation supply chain that was mutually reinforcing: chips, software, researchers, and deployment.*
  • Cutting off access to the world's second-largest compute market hands incentive and capital to domestic challengers — not just chips, but entire ecosystems and standards.
  • Half the planet's AI researchers will train on something. If that "something" is not the American stack, its ideas, tooling and standards will shift with them. That has long-term cultural and technical consequences.

The paradox: protection that produces competition

I understand the national-security impulse behind export controls. But policy rarely acts in a vacuum. The intended effect here — to slow a geopolitical rival's access to cutting-edge AI accelerators — has a plausible, if uncomfortable, counter-effect: it accelerates their indigenous capabilities.

Jensen Huang (jensen@nvidia.com) has been clear about both sides of this paradox: he wants America to "win" the AI race, yet he warns that conceding an entire market to build local alternatives may make America the buyer of someone else's standards, tools and chips. That warning is not just corporate lament — it's a strategic forecast.

Three immediate lessons I take from this episode

  1. Policy must be dynamic, not static. A one-size-fits-all embargo is a blunt instrument. We need targeted, time-bound controls that protect clear national-security seams while preserving channels for collaboration that sustain long-term leadership.

  2. Economic signals matter. When a large market disappears from a company’s forecasts, the downstream effects include diminished R&D capacity and less tax revenue to reinvest in domestic innovation. That erosion is a strategic cost.

  3. Standards beat tariffs. Whatever technical standards researchers and developers adopt — frameworks, libraries, tooling and even processor ISAs — have long-lived inertia. The country that shapes the developer experience shapes the future.

What I would like policymakers and industry leaders to consider

  • Calibrated engagement: Allow vetted, transparent sales and partnerships that enable researchers to build on common platforms while enforcing safeguards around dual-use scenarios. Export controls should be surgical, not sweeping.
  • Invest in openness: Fund and promote open standards and cross-border research infrastructure that make it costly for any single nation to create incompatible silos.
  • Support alternative paths: Invest in domestic talent, but avoid policies that only encourage closed replacement stacks. Encourage interoperability and competition that rewards compatibility with global ecosystems.

A personal, slightly uncomfortable thought

I want my country and allies to be secure. I also want a world where ideas flow enough that progress isn't split into mutually suspicious trenches. Watching a company go ‘‘from 95% to 0%’’ in a market because of geopolitics is a stark reminder: technology policy is also economic policy and cultural policy. We will pay for our choices — sometimes in dollars, sometimes in standards, and sometimes in lost influence.

If you asked me whether the U.S. should simply stop selling to China, my answer would echo what Jensen Huang (jensen@nvidia.com) suggested in his blunt way: not so fast. Strategy needs nuance. Winning requires more than exclusion; it demands continued engagement on terms that preserve safety and sustain leadership.


Regards,
Hemen Parekh


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