I'd posit that it is trying to wrestle it back actually.
It lost it when their industries went abroad.
From a global perspective this is good because it makes peace more sustainable if the world is interlinked and interconnected. National interests being distributed all over. Alignment of incentives.
The issue is that it is not without friction. People's interests don't align so flawlessly.
The knee-jerk reaction is protectionism but it is too late. The other parts of the world have caught up. And that is normal and sound. It rebalances the world. It is a new equilibrium. This is just the natural way for most closed systems where there is a gradient.
What is weird is that it is almost like watching a movie. Meaning that the current technological push into AI, energy and robotics is likely to spearhead us into a whole new kind of economics (post-money/post-work kind of). And probably requires to open the system (find new territory beyond the existing).
The point is that it will probably offset the current protectionist trend.
The knee-jerk reaction is protectionism but it is too late. The other parts of the world have caught up. And that is normal and sound. It rebalances the world. It is a new equilibrium. This is just the natural way for most closed systems where there is a gradient.
What is weird is that it is almost like watching a movie. Meaning that the current technological push into AI, energy and robotics is likely to spearhead us into a whole new kind of economics (post-money/post-work kind of). And probably requires to open the system (find new territory beyond the existing). The point is that it will probably offset the current protectionist trend.
Wondering how AI will affect governance...