China's AI push is about spreading economic gains, not enriching tech giants, a finance CEO says

A new Brookings study warns that AI could raise wages now — only to crush them later as machines take over.

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• China is using open-source AI to spread economic gains beyond tech giants, a finance CEO said.
• This approach contrasts with closed US AI models, prioritizing affordability and scale, he said.
• Experts say AI is being treated as economic infrastructure in China.

Open source — that might be the clearest signal of how China...