We did this with manufacturing and industrial build outs over the last 4 decades or so. It worked out very well for capital, not well for labor. One could make

We did this with manufacturing and industrial build outs over the last 4 decades or so. It worked out very well for capital, not well for labor. One could make the argument we can do the same for AI. Let China build the models and we capture the value somewhere in the layers above. I think that’s a terrible idea but financially it makes just as much sense as offshoring labor and manufacturing, if not more.