That’s the competition right there. The US won’t let China get ahead, especially in terms of technology, because they’re both heavily invested in it. In fact, when it comes to quantum computing, China has reportedly invested even more than the US. The race is intense, and neither side wants to fall behind.
https://itif.org/publications/2024/09/09/how-innovative-is-china-in-quantum/China claims over $15 billion in public quantum funding, far outpacing the United States. While U.S. private funding is higher, China offsets its private sector shortfall with massive public investment.
wtf are you talking about? do you know the difference between quantum computing and AI chatbots?
Artificial intelligence is already being used in several areas and improving productivity a lot
That's an interesting one: what's the point of increasing productivity if it only makes a few people much richer? I'm thinking of this graph:
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source)
(there are newer versions of this graph, but the ones I found don't work through the forum's image proxy)I know one thing: that's not making your country any better! It leads to "the working poor", while some people get richer than anyone has ever been before. So if productivity keeps going up but more and more people have a hard time in affording the basics like housing and even groceries, something's not right. And I don't think AI is going to make that any better.
not to mention, it's not like people will start working fewer hours as a result of the improved productivity. they say AI will allow us to free up more time to focus on what truly matters, but we know the world doesn't work like that.
the corporate overlords will just give people more work that the AI can't do to squeeze more profit to make the rich even more richer.
Capitalism has competition and ultimately the idea is by having open market places you obtain the best product, most efficiently made and cheapest to deliver to the most people. Bidding on higher prices might be liked by traders but the product is for the people who use it and they want the lowest price, this dynamic is seen in all (normal) markets and the reset is totally normal.
the US loves capitalism and the free market until they are on the losing end of it. then it's unfair, and accuse other economies of not playing by the "free market" rules, start slapping tariffs and banning companies under the excuse of national security.
would not be surprised if they ban deepseek for the same reason.
Nvidia will recover as I understand it and they might have even expected to receive various attempts by other companies against their production. Not everything Nvidia does will be perfect or succeed and I believe they are quite ready to deal with that.
i agree, nvidia will be just fine. after all they are the ones selling the shovels in the AI gold rush.