The article discusses the potential risks faced by major tech companies like Apple, Microsoft, and Tesla due to the rapid advancements in artificial intelligence (AI) and increasing regulatory scrutiny from China. It highlights that the market capitalization of these companies could be impacted by 2024 as AI disrupts their core businesses and China tightens regulations. The key points are: 1) AI is advancing rapidly, posing threats to the dominance of established tech giants in areas like smartphones, software, and electric vehicles. 2) China’s regulatory crackdown on tech companies and data privacy concerns could limit their growth in the world’s second-largest economy. 3) Investors are advised to be cautious about the long-term prospects of these companies, as their valuations may not fully account for the disruptive potential of AI and geopolitical risks. The article concludes that the tech landscape is rapidly evolving, and companies must adapt to stay competitive.