That’s like complaining about investments in automated looms at the start of the Industrial Revolution and claiming that the money would be better spent if handed out to the slum dwelling population.

We have the benefit of hindsight now and we understand that technological revolutions improve living standards for everyone and drag whole populations out of grinding labour and poverty.

And it would be foolish to allow China and Russia to out-invest the West in AI and make us mere clients (or worse, victims) of their superior technology.

Industrialists understand that the way to fix the world’s problems is to advance society, as opposed to resting on the laurels of past advancement, and dividing the diminishing spoils of those achievements.