The American attitude is generally to let private companies build up a new industry so it can create jobs and pay taxes. However, in the LLM race, the Chinese open weight playbook pretty much killed that. China has basically commoditized LLMs. Chinese models are good enough, so the race has come down to who can offer the cheapest tokens.

> China has basically commoditized LLMs

What do you mean by "basically"?

Why are Anthropic's and OpenAI's annualized revenue about $50B each? LLMs need massive amounts of compute to compete, so I wouldn't claim that the great (and leading, and likely to continue to lead) LLMs are commodities end-to-end, even if the non-executing-at-scale LLMs files and IP are commoditized. The execute, the compute, that is what breathes life into the model, which is otherwise weak or dead.