China's AI boom isn't producing the next Jack Ma — it's producing a generation of one-person businesses running on generative agents, and Silicon Valley is misreading what that actually means
In one example from Shenzhen, a former product manager laid off from a major platform company is now running what she calls a business of one, using generative AI to write ad copy, design storefronts, and produce short-form video dramas from a repurposed industrial park where the rent is subsidised by the local government.