Council on Foreign Relations' @ChrisRMcGuire argues closing chip loopholes could turn America’s 6-month AI lead over China into 2 years: "We’re in such a compute-constrained environment, no one can get enough compute, even domestically." "JPMorgan had a study that said the compute gap is only gonna increase every year out to almost three hundred gigawatts by 2031. Everything that we send to China takes away from us." "It’s the difference between us having a 25 to 1 compute advantage if they…