[roflc0ptic]

The claim here is that the tech innovation is occurring in the US. It adds value globally, but most of the profits from that value are being realized in the US b/c the innovation is by US companies.

There’s no natural law that says technical innovation must occur in NA, but due to contingent historical conditions, it is occurring here. Thus, the gains are being realized in the US stock market b/c it’s the one capitalizing the winners.

[dingnuts]

>It adds value globally, but most of the profits from that value are being realized in the US

this is contradictory. profits are added value. if value is added globally, there are extra profits (likely as cost savings by other industries adopting tech)

[jebarker]

I see, thank-you for clarifying.