Li Lu: 50% of Top AI Researchers Are of Chinese Descent | Investor Playbook

Li Lu argues that the US-China AI race will be decided by where top talent chooses to live and work, more than by compute alone. We use a deep value lens on his thesis, covering a 1951 immigration quota that helped hand China a rare earth monopoly, the 95% of chip fabrication done in East Asia, and why recursive self-improvement in AI could break traditional ways of estimating intrinsic value.

Chapters

(0:00) The Macro Intersection

(0:40) Economic Gravity Shifts East

(2:03) The Making of a Value Investor

(4:21) Integration: The Widest Moat

(5:40) Asian-American Prosperity Paradox

(8:01) Cost of Geopolitical Paranoia

(11:54) Interdependent Tech Monopolies

(12:15) AI Battleground: Human Capital

(12:36) Interdependent Tech Monopolies

(14:26) The Inevitability of Coexistence

(15:45) Economic Gravity Shifts East

(16:26) Technology: From Tool to Creature

(19:57) Directives for Long-Term Capital

(21:00) DeepValues Tools and Apps

(22:39) Get the free apps

DeepValues toolkit

• DeepValues for iOS, intrinsic value and margin of safety for any stock: https://apps.apple.com/us/app/deepvalues/id6775568608

• Is the market overvalued? Track it with Buffett Indicator (iOS): https://apps.apple.com/us/app/buffett-indicator/id6747404614

• The same market gauge on Android, Bubble Watch: https://play.google.com/store/apps/details?id=com.luluventures.buffett&referrer=utm_source%3Dspotify%26utm_medium%3Ddescription%26utm_campaign%3Dinvestor

• Open-source research on 300+ companies: https://research.deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=li_lu_on_human_capital_and_ai

• Deep Value Intelligence, the multi-agent AI analyst: https://deepvalues.ai/?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=li_lu_on_human_capital_and_ai

• Developer API for your AI agents: https://app.deepvalues.ai/developers?utm_source=spotify&utm_medium=description&utm_campaign=investor&utm_content=li_lu_on_human_capital_and_ai

Deep Value Intelligence audits the numbers behind the headlines with a Graham-Dodd / Buffett lens: valuation discipline, cash generation, balance-sheet safety and return on capital. Don't guess. Calculate.

• This episode on YouTube: https://youtu.be/ukkOjYjv2Ss

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Podcast (Deep Values): Spotify https://open.spotify.com/show/2XDn2NMbbfvrJiqk9xAqR9 · Apple Podcasts https://podcasts.apple.com/us/podcast/id1811057697