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ChinaTalk

AI and the Rise and Fall of Great Powers

Aug 28, 2024
Jeffrey Ding, a leading US scholar on China’s AI from George Washington University and author of "Technology and the Rise of Great Powers," discusses the pivotal role of general-purpose technologies in shaping global power dynamics. He emphasizes that while innovation is crucial, the true test lies in diffusion capacity. Historical examples from the UK and Soviet Union illustrate the challenges of adopting new technologies. Ding also explores how decentralized systems contributed to America's Cold War success and warns against complacency in US-China tech competition.
01:11:30

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Podcast summary created with Snipd AI

Quick takeaways

  • Great powers must prioritize diffusion capacity, as long-term productivity growth relies on effectively adopting and spreading general-purpose technologies across their economies.
  • Historical case studies reveal that successful technological transitions are influenced by cultural and institutional readiness, highlighting the need for adaptive governance and education systems.

Deep dives

The Importance of Long-Term Productivity Growth

Long-term productivity growth is crucial for great powers as it underpins their economic strength and, consequently, their military and geopolitical influence. Economic power is highly fungible, allowing nations to convert wealth into military might and enhance their global prestige. Historical patterns reveal that nations that can sustain higher productivity growth rates over extended periods dominate economically, leading to increased military strength and strategic advantage. Additionally, the ongoing shifts in China's demographics and its need to escape the middle-income trap emphasize the vital role of innovation and technology adoption in sustaining growth.

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