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Experiments and Experience: Part of the Path to Success – The Mindset of Chinese Big Tech

Experiments and Experience: Part of the Path to Success – The Mindset of Chinese Big Tech

Максим Цепков
mtsepkov.org

Moscow

40 min

We're used to writing history as a sequence of successes, omitting the crucial experiments and failures. This selective narrative creates implicit expectations of guaranteed success when testing hypotheses, leads to strong demotivation when setbacks occur. This negative emotional reaction stems from a mindset that fosters unrealistic expectations.

I observed a different mindset during my recent visit to Chinese tech companies: Baidu, Xiaomi, SenseTime, and BYD. There, failed experience is treated as an important part of the story: the BYD museum dedicates a hall to their first unsuccessful car model, and Xiaomi proudly recounts developing 22 power bank prototypes for their bestseller.

This culture of experimentation is a key factor in China’s rapid development, which is positioning the country to seize technological and political leadership from the US within the next 3–7 years during the industrial revolution. In this talk, I'll discuss the such mindset and logic of the world evolving.

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