Alice Han

That is a place where I don't think China has shown that it is as competitive as the U.S., and so I think it remains to be seen the ultimate implications, but I generally favor the U.S. in this AI race. I do think that China will be faster to commercialize a lot of these AI applications. It's already doing it in embodied AI, robotics, for instance, autonomous vehicles.

That is a place where I don't think China has shown that it is as competitive as the U.S., and so I think it remains to be seen the ultimate implications, but I generally favor the U.S. in this AI race. I do think that China will be faster to commercialize a lot of these AI applications. It's already doing it in embodied AI, robotics, for instance, autonomous vehicles.

But I think when it comes to AGI, which is the ultimate goal of these AI labs, the US will get there first.

But I think when it comes to AGI, which is the ultimate goal of these AI labs, the US will get there first.

But I think when it comes to AGI, which is the ultimate goal of these AI labs, the US will get there first.

I agree. And China is just one instantiation of this. We have the access of ill will. We've got Iran. We've got Russia. And don't forget North Korea. That's another issue I think people systematically forget. Every now and then he rears his head in Pyongyang. But certainly I think that we're fighting a number of fires across the world. And we have to look beyond just these tariffs.

I agree. And China is just one instantiation of this. We have the access of ill will. We've got Iran. We've got Russia. And don't forget North Korea. That's another issue I think people systematically forget. Every now and then he rears his head in Pyongyang. But certainly I think that we're fighting a number of fires across the world. And we have to look beyond just these tariffs.

I agree. And China is just one instantiation of this. We have the access of ill will. We've got Iran. We've got Russia. And don't forget North Korea. That's another issue I think people systematically forget. Every now and then he rears his head in Pyongyang. But certainly I think that we're fighting a number of fires across the world. And we have to look beyond just these tariffs.

I think, and I tell this to my investors too, you need to look into what's happening in the South China Sea, what's happening in Taiwan. You need to see what China is doing to prepare its military. for the ultimate showdown, which is over Taiwan. And we've seen more volatility in South China Sea recently with the Chinese Coast Guard, which is affecting the Philippines.

I think, and I tell this to my investors too, you need to look into what's happening in the South China Sea, what's happening in Taiwan. You need to see what China is doing to prepare its military. for the ultimate showdown, which is over Taiwan. And we've seen more volatility in South China Sea recently with the Chinese Coast Guard, which is affecting the Philippines.

I think, and I tell this to my investors too, you need to look into what's happening in the South China Sea, what's happening in Taiwan. You need to see what China is doing to prepare its military. for the ultimate showdown, which is over Taiwan. And we've seen more volatility in South China Sea recently with the Chinese Coast Guard, which is affecting the Philippines.

So I think that the geopolitical instability is something that is obviously a black swan. It's a fat tail risk. But we are, I think, well and truly out of the great moderation period. We're now in the great roller coaster of geopolitical instability. And that is going to affect us deeply.

So I think that the geopolitical instability is something that is obviously a black swan. It's a fat tail risk. But we are, I think, well and truly out of the great moderation period. We're now in the great roller coaster of geopolitical instability. And that is going to affect us deeply.

So I think that the geopolitical instability is something that is obviously a black swan. It's a fat tail risk. But we are, I think, well and truly out of the great moderation period. We're now in the great roller coaster of geopolitical instability. And that is going to affect us deeply.

Taiwan is going to be orders of magnitude bigger for the global economy than Russia, Ukraine, or even the Middle East and Gaza have been. And that's something to keep in mind. Sorry to be a bit of a downer.

Taiwan is going to be orders of magnitude bigger for the global economy than Russia, Ukraine, or even the Middle East and Gaza have been. And that's something to keep in mind. Sorry to be a bit of a downer.

Taiwan is going to be orders of magnitude bigger for the global economy than Russia, Ukraine, or even the Middle East and Gaza have been. And that's something to keep in mind. Sorry to be a bit of a downer.

I think it's already happening. Over the last year, I was there five times last year, I noticed a huge delta in renewed interest. And I highly recommend, Scott, that you go back. I'm happy to take you back to a couple of these cities in China. And there's been renewed interest because there's an understanding that the Chinese economy has shifted.

I think it's already happening. Over the last year, I was there five times last year, I noticed a huge delta in renewed interest. And I highly recommend, Scott, that you go back. I'm happy to take you back to a couple of these cities in China. And there's been renewed interest because there's an understanding that the Chinese economy has shifted.

I think it's already happening. Over the last year, I was there five times last year, I noticed a huge delta in renewed interest. And I highly recommend, Scott, that you go back. I'm happy to take you back to a couple of these cities in China. And there's been renewed interest because there's an understanding that the Chinese economy has shifted.