What is China subsidises its inference providers to provide like utility level "intelligence" at or below cost globally until all the knowledge jobs in the west go the way of the manufacturing ones..

Even if that were true, the smaller quants that can be run on a MacBook aren't going anywhere

Providing services below cost is how SV and American tech operated last 25 years. It was the same pattern again and again - sell bellow cost, competition cant compete, create quasi monopoly, enshittify and start earning.

OpenAI and Anthropic still sells tokens under cost.