

Jeff Ding on US vs China AI and Lessons from Past Industrial Revolutions
15 snips May 11, 2023
Jeff Ding, a leading US scholar on China and AI, delves into the critical role of diffusion capacity in assessing China's technological rise. He argues that mere innovation isn’t enough; a country must effectively adopt new technologies to maintain economic growth. The discussion covers historical examples, including the Cold War, to illustrate challenges faced by powers with strong innovation but weak diffusion. Jeff also highlights the importance of effective STEM education and the contrasting strengths of U.S. and Chinese tech policies.
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Economic Power: The Most Fungible Currency
- Economic power is the most fungible aspect of national power.
- It can be converted into military strength, soft power, and prestige.
Long-Term Growth Hinges on Productivity
- Long-term economic growth depends on productivity growth, not short-term policy tweaks.
- Productivity growth is driven by adopting new technologies effectively.
The Anatomy of Great Powers
- Great powers are nations with both large and efficient economies.
- Their rise and fall correlate with how effectively they harness new technologies.