China isn't spending trillions on AI. Are they saying Western companies are less efficient than Chinese companies at deploying AI?

Translation for Boomers: They’re coming for your pensions! You will finance the AI surveillance dystopia for your grandchildren to live in.

Him first.

I have never bought AI tokens and I never will.

This is a perfect moment to note:

Unlike socialism or capitalism, fascism does not stipulate a specific economic system. However, there are some qualities that are consistently found under fascist systems, chief among which are a sort of "revolving door" between government and business, such that leaders in one field exert influence or even hold positions in the other as well, the (not coincidental) broad concept that what's good for business is automatically good for the country, and the socialization of investment, risk and loss, while keeping profits entirely private.

Or in other words, exactly what's happening here.

Using retirement and savings on things with ROI makes sense. But the ROI of investing in infrastructure would be so much better. But over yonder is america. So you won't get that.

The US will never be ahead of China in any regard

... Blackrock CEO Points to Pensions and Retirement Savings

So he wants to copy China's playbook?