Josh Chin

You need actually models that can simulate the real world, including the physical world.

And this is one area where China really does feel like it has an advantage because it has these factories, because it builds so much stuff and already has robots in wired factories, making things, collecting data.

And so that's one area that a

The biggest challenge for China is chips.

This is an area where the U.S.

has an immense lead.

It owns all of the intellectual property and it controls the supply chain for the super high-end, really cutting-edge chips that are used to train AI models.

I talked to a

Former U.S.

official who was behind efforts by the Biden administration to ban exports of U.S.

chips to China, who was saying it's a really difficult technology gap for China to close.

They're probably as much as a decade behind.

Just this last weekend, you had a bunch of top Chinese figures in AI, including Justin Lin, who is Alibaba's lead for the Quinn project, who said that China won't be able to compete if it doesn't solve the chip gap.

That's certainly true.

We don't know for a fact that these chips are going to keep getting better and better.

It's also a possibility that there's a new type of chip architecture out there that has yet to be invented that China may invent, right?

There's just a lot of huge unknowns in terms of where this technology is going to go.

For the foreseeable future, there definitely are some big challenges for China and

not just with chips, but also with financing.

U.S.