China's industrial profits have flatlined for six years despite the global AI boom
PAstynome · x · 2026-09-28
Economist eastasiaecon notes that in overall value terms, China's industrial profits have been going sideways for six straight years — even as the global AI boom has driven a real surge in tech-sector earnings in 2026. The contrast suggests AI prosperity is unevenly distributed and hasn't lifted the broader industrial economy.
More from AGI Musings
- Why alignment has gone nowhere in 15 years: a pointed takedown of its non-technical leadership — basedjensen · 2026-09-28
- EA organizations slammed for 'unhinged' hiring: 10-20 work trials over months — AaronBergman18 · 2026-09-28
- Peter J. Denning on tacit knowledge and what AI still can't capture — ArtificialOther · 2026-09-28
- Chesterman's AJIL essay "Silicon Sovereigns": AI, international law, and the tech-industrial complex — ProfChesterman · 2026-09-28
- AI law scholar Chesterman: don't waste a crisis to rein in self-governing AI — ProfChesterman · 2026-09-28
- Singapore proposes a UN Framework Convention on AI Safeguards at UNGA — ProfChesterman · 2026-09-28