This week on Sinica, Kaiser chats with ex-venture capitalist Lillian Li, who moved to China from the U.K. last year and has been looking at China’s tech ecosystem from a unique perspective — combining an investor’s eye, an academic background studying development, a grounding in Chinese language and culture, and a comparative instinct. Lillian shares her views on how technology platforms have become institutions, how the U.S. and China have responded to this development in starkly different ways, and the major features that distinguish the technology ecosystems of the West and China. 10:19: Waiting on the next era of technology25:06: The challenges faced by institutions34:48: The future of the tech-government relationship39:44: Two parallel worlds, China and the U.S. 47:10: Scale is no longer guaranteedRecommendations: Lillian: But What If We're Wrong?: Thinking About the Present As If It Were the Past, by Chuck Klosterman. Kaiser: Middlemarch by George Eliot, and Pride and Prejudice by Jane Austen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.