Microsoft $MSFT has built a big business selling AI models to Chinese 🇨🇳 companies despite the growing AI rivalry between the US 🇺🇸 and China - Bloomberg
My theory is that the American empire is JUST getting started.
US has a stranglehold on Space with SpaceX, which is the next frontier for defense/war. It has a comically large lead. No one will be close for at least 20 years.
It is the leading power in AI by far - both in models and chips. China is catching up fast, but the US has an inherent mechanism that will increase the likelihood that it will win in the end - a free market + capitalism + free speech.
A free market + capitalism allows for brutal competition between companies. Free speech allows for AI models to be maximally truth seeking, which means that AIs CAN and WILL BECOME smarter than humans to the point where they can tell the truth about its leaders.
This is literally impossible in China. Try having a Chinese model that says Xi Jinping is corrupt. Good luck with that.
Then, you have a country that has more guns than people and surrounded by two massive oceans and two friendly neighbors, which means any sort of kinetic take over of the country is literally impossible.
Not to mention the US has BY FAR the best and strongest military.
The only way adversaries can hope to defeat the US is by tearing it from within by pitting us against each other. This is why it's virtually guaranteed that all the division/hatred/polarization you see within the country is fomented by China/Russia Psy Ops + propaganda efforts.
I'm not saying these aren't naturally happening in spots - America is far from perfect - but it would be naive to think our adversaries aren't pouring millions of gallons of fuel on a fire.
As long as the American public a) has the ability to exercise its free speech b) has a protected 2nd amendment c) capitalism and free markets continue to function and d) the populace is aware of how awesome America really is, it is literally impossible to stop the US's trajectory to global domination in the coming decades, especially as China's demographics continue to collapse.
It's the bottom of the 9th, the game is tied, and the US has the bases loaded. It's a 3-2 pitch.
All we need is a home run, and we win the rest of the century.
Elon just created 4,400 millionaires in a single day.
400 of them are now worth over $100 million.
These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.
Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.
Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."
The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.
Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.