American Oligarchs or the Chinese Communist Party

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In China, the pecking order is clearer. A founder who flies too high is grounded; a platform that forces monopolizing behavior and mistreats its workers gets punished; when the government rolls out “common prosperity,” tech companies rush to pledge in public.

AI doomerism, and opposition to data centres, are usually manifestations of the fear of American oligarchy.

In China, The Party is very much in charge, not the oligarchs (Bloomberg.com Gift Link via Techmeme).

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