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A friend in the US said China’s AI is all just hype, and that it only goes up until it falls back to where it started.
I told him his thinking is still stuck years ago—he doesn’t even understand anything.
Now the domestic AI replacement industry chain has a lot of companies with real products and real demand—how could it be just hype? Sure, in a bear market, things will drop, but wanting them to drop into trash is just wishful thinking. For example, Yangtze Optical Fibre went from 6 to 150—do you really think it can fall back to 6?