Post La bolla cinese dell'AI? Boh

La bolla cinese dell'AI? Boh Money quote: "This is the backdrop for everything else in this essay, and it is the part that goes missing in the American version of the story. We talk about Chinese AI as though it were emerging from a uniform position of strength. However, the people building AI in China see it as the one sector the state has decided must work, propped up with abundant state-subsidized electricity, fast-tracked IPOs, and open encouragement of price wars with little regard for who survives. Perhaps a more true perspective is that it is the only engine of the Chinese economy that is working." https://earnedintuition.substack.com/p/involution-without-export-is-wasted