Following the release of Kimi K3, @tylercowen explains why trying to ban Chinese open-source AI models is a losing strategy and that American companies should compete instead. "Open source is coming and is here, whether we like it or not. Of course, a lot of it will be from China. We should allow American competitors to proceed on an even footing. But the attempt to outlaw it, ban it, or use sanctions against it is going to fail miserably.” "I plead that the Trump administration gives up on…