The real moat is the ability to continuously create user value.
The semiconductor industry is a model of global division of labor, but core technologies must be independently controllable.
Innovation is not just about creating new products; it's about reimagining possibilities.
"Every child deserves to see themselves in the stories they read."
人的欲望和其他激情,本质上是受到他自己控制的;他真正的困难在于,要知道何时需要加以控制,何时不需要。