Eric Schmidt

six days a week.

By the way, the Chinese have clarified that this is illegal.

However, they all do it.

That's who you're competing against.

Well, you and I just talked about this as part of your, as your incredibly important work in the White House.

I had thought that China and the United States were competing at the peer level in AI and that the good work that you have done and your predecessors did to restrict chips were slowing them down.

They're really doing something more different than I thought.

They're not pursuing crazy AGI strategies, partly because of the hardware limitations that you've put in place, but partly because the depth of their capital markets don't exist.

They can't raise, based on a wing and a prayer, $100 million or the equivalent to build the data centers.

They just can't do it.

And so the result is they're very focused on taking AI and applying it to everything.

And so the concern I have is that while we're pursuing AGI, which is incredibly interesting and we should talk about, and all of us will be affected by this, we better also be competing with the Chinese in day-to-day stuff.

Consumer apps, this is something you understand very well, Chamath.

Consumer apps, robots, and so forth and so on.

I saw all the Shanghai robotics companies, and these guys are attempting to do in robots what they've successfully done with electric vehicles.

And their work ethic's incredible, they're well-funded.

It's not the crazy valuations that we have in America.

They can't raise the capital, but they can win across that.

The other thing the Chinese are doing, and I want to emphasize this as a major geopolitical issue,

is that my own background is open source.