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by mallowdram 249 days ago
China has already won the game. We developed media and wealth management as invididualistic, they approached the problems institutionally and built infrastructure at the pivotal point renewables became affordable. They made an army of technical engineers, we scattered innovation in comp sci/VC acceleration/automation and sat on our asses as asset managers. AI works in secluded modules like robotics and revision. As a general tool it's navel gazing energy sink. AI was a lure we fell for and wasted money and energy while smart players like Apple and China knew their reality.