Tiktok US Ban: The owner of TikTok and Chinese twin Douyin last year cemented its position as one of China’s internet leaders, alongside Tencent and Alibaba, which have both struggled to rekindle growth at a time of economic uncertainty and consumer wariness in the country.
From an economic development perspective, the highly skewed nature of AI activity in the US is likely to create large pools of high-skilled workers in some regions while leaving other regions behind.