Not just AI. China is building technologies that challenge U.S. dominance: From batteries and solar panels to drones and satellites, China is building tech capabilities that extend well beyond AI.

The US is busy figuring out how to charge a monthly subscription for an AI that summarizes emails. China is making the batteries, solar panels, and drones everyone actually needs. At some point Silicon Valley will announce a breakthrough: a chatbot that explains why manufacturing moved overseas.

The US has not only put all their eggs in one basket, they’ve taken out loans against the eggs that those chickens will lay once they’re hatched.