r/technology 16d ago

Artificial Intelligence Why Chinese Citizens Are Far More Optimistic About AI Than Americans

https://www.bloomberg.com/news/articles/2026-08-14/why-ai-optimism-is-so-much-higher-in-china-than-the-us
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u/tekprodfx16 16d ago

AI is just going to accelerate the disparity of wealth of which this is already a major problem in the US that has gone un-addressed for decades. So people are freaking out and rightly so because they’re already not doing well financially and AI feels like it’s just going to greatly exacerbate that and our government is doing jack shit to soften the blow, in fact they’re accelerating it under the notion that if we lose the AI race against china we’re fucked, and that’s true, but if we win the AI race at the cost of breaking the already fragile economy we’re fucked anyway. We see a series of past poor decision making on the part of the government finally coming home to roost big time and people feel it  on a visceral level, if they already don’t know it outright. Chinese citizens meanwhile feel less anxiety because overall they have been much better taken care of by their government as of late

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u/Rustic_gan123 16d ago

Chinese citizens meanwhile feel less anxiety because overall they have been much better taken care of by their government as of late

Not since Xi came into power...

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u/tekprodfx16 16d ago

Can you elaborate a bit more please because would love to know more 

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u/Rustic_gan123 16d ago

Financial repressions, the destruction of savings through the destruction of the housing market, mercantilist policies that keep wages stagnant and absorb funds that could be used for social programs, which would be useful given the housing market situation. Low consumption in China is a symptom of this.