First of all, you should read the whole damn article. It’s the most comprehensive diagnosis of Taiwan’s innovation scene I’ve ever read.
I’ll share a few main points, but you should read entire piece.
- Taiwan hasn’t replaced the entrepreneurs of the previous generation. Fewer people are going to the US for PhDs. There is still a lively startup scene, but only 1/4 of all the entrepreneurs have a STEM background. This is due to being a victim of its own success; TSMC and Mediatek combined employ 68,000 engineers. Everybody wants to work for TSMC.
- Taiwan only has hardware capabilities. To do AI, you need software-hardware integration. Taiwan needs more computer science/data science people. This is why Google has to train people.
- Better English proficiency = better access to global markets. Pretty soon, China will be able to do everything Taiwan does. It needs to distinguish itself by English, and by doing things people are afraid China might for, like putting PLA chips into your cell phone.
- A whole lot more. You should read the whole article.