Arthur Kroeber

They've made it very, very difficult to

for other people to operate in China, and it's creating some difficulties in people operating outside of China.

So they have this walled garden of Chinese people and whatever they do that creates applications.

But whoever the big US or Western AI operators have, they have the entire rest of the world to play with.

And that's a much bigger universe where I would sort of rate the likelihood that you get interesting applications.

higher outside the Chinese walled garden.

If you want the case for why does China not dominate,

I think something like that would be the reason why.

I have a lot of respect for Victor, and he, I think, has a very good grasp of the Chinese sort of bureaucratic mindset and how political calculations get made, and that's his territory more than mine.

So I'm very respectful of that view.

I would, however, tend to think that actually the Chinese are going to be pretty in favor of high-speed AI development.

And the reason is essentially the same reason that I was talking about earlier about informatization and electrification.

This is essentially a basic enabling technology that is useful for all of the things that can flow from it.

And I guess my hunch would be that they would make the same bet with AI that they made with the internet back in the 90s.

And the internet, they said...

yeah, this technology could be dangerous, it could be out of our control, but we think actually it's going to be really beneficial and that we can control it.

And that bet paid off for them very, very well.

And I think my hunch is that they will look at AI as a similar sort of thing.

Yes, it's possible that this could sort of get out of our control.

But we think on balance, this is really important technology.