Fast Takes: The big bad Establishment, AI wont save China and more

From the right: The Big Bad “Establishment”Former Democratic National Committee Chairman Jamie Harrison “reached his limit” when the “progressive grassroots and Graham Platner fanbase” blamed the “establishment” for his “disastrous” campaign, cheers National Review’s Jim Geraghty.“I’m tired of this lazy ‘establishment’ bull . . .
If they’ve won elections, passed legislation, or know how government actually works, they’re ‘establishment,’ ” Harrison vented on X.Geraghty adds: “The term ‘the Establishment’ has “become so elastic it now stretches to cover basically anyone who has held a job.” “The problem is when charisma becomes” the only requirement for a candidate.
The sentiment in parts of both parties is “so intense” that “actual, hard-won competence gets treated as the disqualifying trait instead of the whole point of the exercise.”Foreign desk: AI Won’t Save China“China’s vaunted AI prowess is concealing deep rot elsewhere in its economy,” flags Ruchir Sharma at the Financial Times.“Forecasters keep expecting China to surpass the US as the world’s leading economy,” but “its growth peaked in 2021,” with its share of global GDP then slipping from 18% to 16.5%.
And AI won’t be provide “a lift big enough to overcome other force weighing on China, including its shrinking workforce, rising indebtedness, a broken property market, the revival of a meddlesome regulatory state” and the “exodus of capital and people.” Nor, “given its demographic challenges and heavy debts,” can Beijing “do much to prop up” growth.AI’s “impressive powers may be the answer to many problems, but they can’t reverse the forces driving China’s decline.”E-commerce beat: Progs’ Foolish ‘Help’“In their crusade to remake New York’s economy, progressives on the city council are once again taking aim at Amazon,” sighs City Journal’s Adam Lehodey.
This time, they want to b...