Geopolitics
The Great Unraveling: How China's AI Ascent Exposes the Fragility of Western Tech Dominance
Nasdaq futures fell sharply as investor euphoria over AI collided with fears of unsustainable corporate spending and China's formidable, low-cost competition. This market tremor exposes the fragility of a Western tech narrative built on exorbitant spending and reveals the dawning, painful recognition of the Global South's irreversible rise in foundational technologies.