$10B is a drop in the ocean. If all it took was a bit of money the US could have stayed ahead. For perspective, they’ve earmarked $800B for clean energy subsidies, that AI fund is $500B.
You can’t buy back entire supply chains and a workforce, it takes generations.
It was 10B 20 years ago when China was significantly poorer. And it is not just money. It is planning, oversight and various care and feeding activities (china-style, including executing officials for corruption) for almost 10 years before that part of the system became mature and economically self-supporting.
You can’t buy back entire supply chains and a workforce, it takes generations.