> AI is also incredibly deflationary long term. The path we were on would have devalued the currency long term. If we get control of the debt and re-shore manufacturing, I can't imagine that not being good for the currency. I think the easiest way to get a non-distorted view is by flipping things around from the perspective of China.
> All of this would seem bad from the Chinese perspective.
China is leading with very aggressive investments in AI and automation, along with clean energy and clean energy vehicles. America is...just blustering mostly, some AI investments, but not much beyond that. China is set to reap more of the AI revolution than the US is, so it is very good from the Chinese perspective, especially given the increasing skill gap between Chinese and American talent. The MAGA effort is just making it worse by de-emphasizing education even more. Like Trump, Xi is an autocrat for sure, but unlike Trump he isn't stupid.
> All of this would seem bad from the Chinese perspective.
China is leading with very aggressive investments in AI and automation, along with clean energy and clean energy vehicles. America is...just blustering mostly, some AI investments, but not much beyond that. China is set to reap more of the AI revolution than the US is, so it is very good from the Chinese perspective, especially given the increasing skill gap between Chinese and American talent. The MAGA effort is just making it worse by de-emphasizing education even more. Like Trump, Xi is an autocrat for sure, but unlike Trump he isn't stupid.