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

TL;DR

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.

Nauti's Take

Freely available Chinese models at US quality are a concrete advantage for European companies, creating leverage against expensive API vendors and making local hosting realistic. The limit shows up in operations: governance, data provenance and long term maintenance land on you, not on the vendor.

Buying purely on price trades one dependency for the next. The columnist describes a shift in progress, not a settled outcome.

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