China’s demise was gleefully predicted by the west – meanwhile, it built an AI revolution | Larry Elliott

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The Guardian

China’s demise was gleefully predicted by the west – meanwhile, it built an AI revolution | Larry Elliott

Free AI models that are as good as the investment-hungry US versions will disrupt global markets, and offer Britain a lesson Almost from the moment it began, the end of the Chinese economic miracle has been much anticipated. Thick and fast, the books have come explaining how it will end badly. Overinvestment. A country wallowing in debt. The collapse of the property market. Political repression. The demand for democr…