this post was submitted on 24 May 2026
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[โ€“] Aceticon@lemmy.dbzer0.com 39 points 14 hours ago (1 children)

It would be hilarious if Chinese companies were the ones that punctured the investment bubble around AI in America.

[โ€“] orioler25@lemmy.world 6 points 10 hours ago

Yes, almost like that's why there's a bubble despite the obvious disparity between both states' ability to maintain an adequate infrastructure for this technology. US companies are looting with the full expectation that the cost of the economic fallout will be shifted to taxpayers. They're getting as much value out of this before China inevitably becomes dominant even in the US sphere of influence as the US simply will never be able to compete after decades of neoliberal politics and the erosion of public works.