China’s AI Hype Echoes Mao’s ‘Satellite’ Era

China’s AI Hype Echoes Mao’s ‘Satellite’ Era

Industrial researchers are sounding the alarm as thousands of AI companies are being eliminated in the wake of the first wave of AI fever sparked by OpenAI. At the same time, however, prominent tech leaders and Silicon Valley CEOs such as Jensen Huang continue to promote the narrative of China’s technological leadership in AI. While it is understandable that hardware manufacturers may emphasize growth potential in China for commercial reasons, i…