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The U.S. just pledged hundreds of billions to protect its AI leadership. A Chinese startup with a ‘joke of a budget‘ may have already undercut those hopes (fortune.com)
submitted 2 years ago by to c/technology@lemmy.world
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Paywall removed: https://archive.is/MqHc4

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[–] 13 points 2 years ago (4 children)

Capitalism has never been healthier. This IS Capitalism, not an anomaly.

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  • [–] 1 point 2 years ago (1 child)

    You must not have read the wealth of nations

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  • [–] 3 points 2 years ago

    Capitalism, instead of Adam Smith definition, becomes supremacy of capital. Corporatism is actually more prominent than "shareholder rights/supremacy". At any rate, Adam Smith said free markets where fair markets that resulted in perfect competition. Free competition sucks for oligarchs, because corrupt markets are more profitable.

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