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The main issue is that good machine learning algorithms depend on lots of high-quality training data. In order for them to be useful in our lives, it will usually be personal data. So the countries that can mandate users to hand over personal data for the good of the glorious revolution (China) will have the best data, and then the countries where companies can hoover up whatever they want with no regard for your privacy (US) will be behind them. Europe, with GDPR, will be far behind.