Earlier quoted context omitted.
It's going to force American companies to only use inferior and more expensive models. It's protectionism which will only extend our dominance by at most a decade. The rest of the world will progress without us.
Decade? We're 4 years in since ChatGPT released publicly and have gone from "Wow this thing is stupid" to running coding agents on auto mode, and the Chinese labs have been around for even less time. The US providers may lose dominance in 1 or 2 years.
We’re still the most powerful economy on earth, but I can’t imagine this continuing forever.