Part 9/13:
A key insight from Ives involves the parallel development of AI infrastructure in China. While Western investors often sidestep Chinese stocks due to geopolitical uncertainty, he emphasizes that Alibaba and ByteDance are pivotal players in China's AI landscape. China's strategic focus on building "homegrown" AI infrastructure means that ignoring Chinese tech would be a mistake for anyone serious about the global AI story.
He argues that this competition over AI infrastructure is essentially an existential race, with both nations aiming for technological sovereignty. Falling behind in this race would mean losing your edge in economic and strategic dominance, making sustained, unstoppable investment a necessity.