The US single-handedly dominating AI at this point probably means a handful of tech overlords in charge of a surveillance society which depends on AI for everything, with some vague promises that everyone else will get some sort of allowance if they feel benevolent enough. For all existential risks discussed about ASI or whatever, having an oligarchy in complete control of this tech is maybe even worse.

So, I guess we all have to hope that more money does not necessarily lead to a "victory" here.