>US government is working overtime to make sure legacy technologies stay around while the rest of the world is investing into the future.

"Rest of the world"? Europe isn't even a player in the AI race. China might be better placed, but they also lag the US in terms of model development and capital deployed. They've been catching up, but that's not the same as "[American will] be in a similar place to Canada at best". That would require a lot of things to go right for China and/or a lot of things to go wrong for the US.