If you remove the word "AI" from your post it also describes the last 20 or so years of US/Chinese economic competition. They are real, serious competitor but also there is a lot of value in that last 10%. Some buyers need the best and you can charge a premium for it.
The speed in which a copier can catch up to a leader is faster than every before, but everything is faster these days. I think the threat is if can these labs catch up and pass American labs while keeping costs low, but I don't see that happening.
The speed in which a copier can catch up to a leader is faster than every before, but everything is faster these days. I think the threat is if can these labs catch up and pass American labs while keeping costs low, but I don't see that happening.