> And what's China done? It's invested in infrastructure and its people. China's vision for AI isn't to maximize shareholder value at all costs. It will be strictly regulated so society as a whole gets to benefit.

China is not in an ideal place right now, youth unemployment is way up, lots of dead end jobs, a 35 age employment limit that isn't just a meme. China has disparate visions for AI but maximizing owner (erm, sort of like shareholder) value is definitely one of them. Don’t get me wrong, China could get this right in the end, but it’s not a forgone conclusion right now.