Everyone's memeing but it looks grim.
Having AI turn into an arms race between China and the U.S. will only accelerate its growth. For a while it looked like AI was stagnating, the bubble might burst, and people were tempering their expectations of what we had. That just got thrown out the window. I can't think of any way you could damage the competitiveness of what China is offering, so U.S. tech now have to improve and there will probably be greater support from the U.S. government to see that improvement.
People simply don't win in the long term when these improvements will go towards taking their jobs.