The High Tech Distraction: Xi's China and the Price of Priorities The Sino American rivalry in artificial intelligence has reached new heights following Chinese President Xi Jinping's state visit to Washington this week.
Assessments like "China Is AI Maxxing" and "The U. S. Lead Over China in AI Is All But Gone" now circulate freely, often accompanied by optimistic predictions about the transformative power of AI on China's economy.
However, beneath this high tech façade lies a dire economic reality: China is in its worst shape in decades. The country's youth unemployment rate has reached 18.