Bankers working for JPMorgan Chase and Goldman Sachs in Hong Kong must have been miffed when they were shut off from using artificial intelligence (AI) models from Anthropic, a pioneering American firm in the field. Goldman Sachs and JPMorgan Chase pulled the plug in April and last week respectively, based on a strict interpretation of Anthropic’s terms of use, which reflect Washington’s stringent restrictions on China’s access to frontier American AI models. The banks’ decisions are seen as a…
The US govt popping the AI hype bubble by banning their most promising models from most of the world is so ironic; this seems a lot like the silicon chips getting banned from China incentivizing redoubled development efforts in China’s chip industry, which is quickly innovating in significant ways.
US bans high-end rope sales to China, citing security concerns. Chinese firms are now making the world’s strongest ropes, will be used in a mass scale project to hang capitalists.
