There's a very important point made in the article - with recent export controls, domestic Chinese firms don't need to beat Nvidia's best, but only the cut-down chips cleared for Chinese export.
And NVIDIA will lose its dominance for the simple reason that the Chinese companies can serve the growing number of countries under US sanctions. I even suspect it won't be long before the US will try to sanction any allies that buy Chinese AI chips!
They are vendor locking industries, i don't think they'll loose their dominance, however, vendor locked companies will loose their competitiveness
Simple example being TikTok.
Its just a matter of time really.
Yet, we see Ford as extremely innovative and revolutionary. I think we can draw lots of parallels between a 19th and early 20th century industrializing US and current China.
Most of Meta's engagement comes from video content. Continuous engagement is how it is able to generate its revenue.
Thats all I need to say!
Russia has none of that at the scale needed.