Here's an example of one of these startups: https://www.aiadvertising.org/
And knowing China FinTech, as currently working in it, they could well believe themselves.
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A broadcast message to investors: There is no China magic. There is little innovation. There is a lot of following buzzwords. There is a lot of iteration, however. Follow the companies that iterate, even on old-tech like mainframe. They're where value happens.
Beautiful.
Wow.