As well as the AI bubble in the US, there’s a separate AI bubble trying to get going in China. It started as the Chinese real estate bubble trying to pivot to a new field. So it first showed up as …
  • BioMan@awful.systemsEnglish
    0·
    5 hours ago

    I really do wonder how much of the whole we must beat china narrative is being stoked by the Chinese powers-that-be finding a super cheap way to sabotage American finance and industry. Pushing their own local minibubble by comparison to what we are up to would just be a cheap cost of ‘doing business’.

    • fnix@awful.systemsEnglish
      0·
      1 hour ago

      It seems the Chinese government is quite sincere in its ‘sci-tech’ ambitions, which include AI. Though there doesn’t seem to be the same levels of sci-fi fantasism as in Silicon Valley, just a more practical focus on seizing the high-tech global frontier and supertuning its surveillance-capitalist model.