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EXCERPT:
As major artificial intelligence breakthroughs arrive on what seems to be a near-weekly basis, the race between the US and China continues to intensify. In this post and the next, we will examine the good and bad news for the prospects of American triumph in the battle for AI superiority, a skirmish that could well determine the future of global innovation.
Let’s start with the bad news.
Last week, I attended a hearing of the House Select Committee on the Chinese Communist Party entitled “China’s Campaign to Steal America’s AI Edge.” Chairman John Moolenaar (R-MI) opened the proceedings by asserting that “China’s smuggling of advanced AI chips is a pervasive threat facing law enforcement” and observing that “just last month, the Department of Justice announced a $2.5 billion chip smuggling case, which would be the largest export control violation in US history.”
Moolenaar then asked, “Why is China so desperate to acquire US-designed chips? The reason is obvious. AI is a truly transformative technology. It’s already changing how we fight wars, run our government, and operate companies.” Critically, the chairman contended, “it is essential for the United States to maintain a decisive lead in the AI race. We cannot afford a future where Beijing dominates this technology.”
At the hearing, Dmitri Alperovitch, the founder and chairman of the Silverado Policy Accelerator, echoed Moolenaar, arguing that “we are in a race, and the stakes could not be higher. Artificial intelligence will transform every industry, every battlefield, and every government.” Critically, Alperovitch asserted, “whoever fields the best models running on the best infrastructure will likely win not just the AI race itself but the 21st century. The single most important input to winning is compute—the processing power used to train and run AI models.”