The US and China Are in an All Out Race For AI Domination
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 22 July 2024
⏱️ 53 minutes
🧾️ Download transcript
Summary
There are several sources of tension right now between the US and China. Pure trade anxiety is a big one, with the US having imposed tariffs on Chinese electric vehicles, solar panels and other important industrial components. Then, of course, there are direct geopolitical concerns, with fears over a possible move by Beijing against Taiwan. And then there's artificial intelligence, which countries all around the world see as a crucial geopolitical asset, with the potential to transform economies and militaries if and when it reaches sufficient strength and power. And so, American-based labs are going toe-to-toe with Chinese ones, investing enormous sums of money to get ahead and stay ahead in this race. But what is this actually all about? What kind of advantage does America have in the AI race and can it be maintained? How might it change under another term of President Trump? On this episode, we speak with Jordan Schneider of the ChinaTalk newsletter and podcast, as well as Kevin Xu of the Interconnected newsletter, to discuss the state of play.
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| 1:25.0 | I'm Jill Weisenthall. |
| 1:26.0 | And I'm Tracy Allaway. |
| 1:28.0 | Tracy, obviously, there's a lot of, |
| 1:30.0 | there's an infinite number of angles to artificial intelligence and what's going on in the industry, |
| 1:35.8 | but one thing that I find like striking about this that feels very different from other stories in tech and I don't really know what it's about is why you hear it talked about in |
| 1:46.8 | sort of geopolitical strategic terms and why countries, whether it's the US, China, but also Saudi Arabia, Europe, really feel like they need to have |
| 1:56.3 | like their own domestic model or champion. Like it's almost like it's like oil or something where countries have at least been convinced |
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