Anton Leicht on why China's realistic path to AGI is to centralize chips and talent under a securitized project: "The Chinese default in many ways is power concentration in the hands of the government. This is mostly downstream of the chip situation, where you don't actually have enough chips in China to have a broad ecosystem of decentralized firms all making big progress towards super intelligence." "The realistic play for China to get to the frontier, if things get really serious, is to…