Chinese models brought the building down.
are export controls the right thing ? Probably not.
but the american economy is over-exposed on "A.I" - the capital expenditure, while the Chinese are proving you don't need to spend tons of capital to get close to the frontier.
the Chinese have better building capacity & cheaper energy. that means the market has to correct at some point.
You really think China doesn't have massive amounts of capital expenditure related to AI? They're actively bootstrapping an entire chip industry.... https://www.reuters.com/world/china/china-prepares-295-billi...
I trust Chinese companies with my data way more than the corporations of the 4th Reich.
It's a little too later for export controls. Chinese models have made massive gains through legitimate research but also being trained on billions of tokens from Claude/GPT. The politicians have no idea how to stop that from happening so they pull the only lever they know.