Okay, I make a counter point to that, although you could be right.
1. Software sometimes can be localized (for whatever reasons). People use email in the West. They use WeChat in China. So I think American AI will never disappear. What form it has as a commercial entity has not been finalized.
2. What clearly has changed, is that the Americans have to compete in the open source AI space to maintain relevance. The US government will always buy American, but that does not go for corporate America.
3. American AI will find a way to stick around. By that I mean the current AI leaders in America, will change tack, and all become hyperscalers. That is only logical, and is what Jensen Huang said a few months ago. AI is booming, and we need more compute. But, data centers are a big capital expense. So who, which companies, has that kind of money for capital investment?
4. Once DeepSeek came out, the entire game changed. All this talk about the frontier and AGI, that is the smokescreen. They are lying to the public, and more important they are lying to themselves to protect their fragile egos, like a gimp.