Ray Dalio: US AI companies' profit focus risks falling behind China's public utility approach

timesofindia.indiatimes.com

Ray Dalio warns US AI firms may fall behind China due to their profit focus. China views AI as a public utility for widespread worker access and productivity, unlike US companies prioritizing profit. This mirrors China's EV sector strategy. This approach contrasts with US companies' focus on IPOs and subscriptions, while China aims for broad AI enablement and future dominance in sectors like robotics.


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