Articles for tag: AI arms race, AI supremacy, Cybersecurity, Eric Schmidt, global stability, Superintelligence, technology policy

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Ex-Googler Eric Schmidt Urges Caution on US AI ‘Manhattan Project’ Concerns Over Risks and Ethical Implications

Eric Schmidt, former Google chief, warns against the U.S. aiming for AI dominance like a modern-day “Manhattan Project.” He argues that such moves could provoke preemptive actions from countries like China, potentially escalating conflicts. In a paper he co-authored, Schmidt compares AI development to nuclear arms during the Cold War and suggests that the pursuit ...

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Investors Focus on AI Arms Dealers Amid Anticipated Consumer Slowdown

Investors Focus on AI Arms Dealers Amid Anticipated Consumer Slowdown

In an interview with Bloomberg, Thornburg Investment Management Portfolio Manager Emily Leveille emphasized that the AI arms race is ongoing, and investors are keen on owning the 'arms dealers' of this technology. However, she expressed caution regarding consumer stocks, expecting a slowdown in that sector. The discussion took place on October 31, 2024, with hosts Scarlet Fu and Vonnie Quinn.

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