How Money Works on the US AI lobby gravy train, while China is overtaking the US in practical AI

Interesting piece from 'How Money Works' on the AI lobby and grifting circus in the USA, where AI is increasingly used as a financial vehicle to extract value and make a few people and financial institutions very very rich at the public's expense. China is pulling ahead in practical terms at a much better value for money ratio, with an open AI ecosystem that benefits actual builders and industry. They're also becoming exceedingly independent of US tech, with domestic chips already being good enough.