With this great leap into financial services, China’s cloudalists acquired a 360-degree view of their users’ social and financial life. If cloud capital is a produced means of behaviour modification, Chinese cloudalists have accumulated cloud capital beyond the wildest dreams of their Silicon Valley competitors who, by comparison, enjoy far less power per capita to accumulate cloud rent. American Big Tech has been doing what it can to catch up.[5] But it is becoming worryingly apparent to America’s rulers that China’s cloudalists have already acquired a power that US cloudalists are struggling
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