Part 5/9:
Schmidt's insights turn to the increasingly intense competition between the U.S. and China in AI development. He underscores the crucial understanding that both nations possess an immense pool of resources and political will. China’s centralized approach to technology deployment permits rapid advancements, contrasting with the more fragmented and slower processes seen in the U.S.
Despite the U.S.'s initial dominance in AI development, Schmidt cautions that China's focus on technological advancement might allow it to surpass the United States in the long term. He embraces the perspective that fostering innovation in AI policies, infrastructure, and talent will be essential for the U.S. to retain its competitive advantage.