Chinese AI Quartet's conundrum

China has been focusing a lot on increasing its AI prowess over the years. The fuel to China's growth engine can be attributed to a kernel of four startups: SenseTime, Megvii, CloudWalk Technology and Yitu. They are also known as China's AI Quartet accounting for nearly 60% of China's computer vision market. Baidu, Alibaba, Tencent (BAT) along with DJI are the other set of companies investing heavily in cutting age technologies. Lets understand the situation taking analogy of the Dot Com bubble that popped in the late 1990s.