Chinese firms can often undercut their Western counterparts for many reasons, including cheaper labor and economies of scale. But they also benefit from very generous state incentives, which help to make foreign rivals uncompetitive....
There is one class of AI risk that is generally knowable in advance. These are risks stemming from misalignment between a company’s economic incentives to profit from its proprietary AI model in a particular way and society’s interests in how the AI model should be monetised and deployed. The surest way to ignore such...