The New Bazaar

AI and the Global Battle for Tech Supremacy

43 snips
Dec 19, 2024
Jeffrey Ding, a scholar at George Washington University and author of "Technology and the Rise of Great Powers," delves into the U.S.-China tech rivalry. He presents a fresh theory emphasizing that it's not merely about developing new technologies but also about how well they spread across the economy. Ding argues that while China is perceived as an AI superpower, misconceptions about its capabilities abound. He highlights the vital role of education and decentralization in fostering innovation and discusses how effective technology diffusion can drive significant economic growth.
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INSIGHT

China's AI Illusion

  • China's AI prowess might be overstated, especially in large language models.
  • Factors include data limitations, compute restrictions, and censorship.
ANECDOTE

China's EV Success

  • China excels in specific technologies like electric vehicles and batteries.
  • However, their average worker productivity still lags behind the U.S.
INSIGHT

GPTs vs. Specialized Tech

  • General Purpose Technologies (GPTs) impact all sectors, unlike specialized technologies like EVs.
  • GPTs drive economy-wide growth through broad applications.
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