According to Eric Schmidt, the former CEO of Google, China could surpass the United States in artificial intelligence (AI) by 2025. Schmidt expressed his concerns during an interview with 60 Minutes, stating that the US government’s lack of investment and focus on AI could allow China to take the lead. He emphasized that AI is crucial for national security and economic prosperity, and the US needs to prioritize it. Schmidt highlighted China’s aggressive pursuit of AI, with the government pouring billions into research and development. He warned that if China overtakes the US in AI, it could have severe consequences for American competitiveness and national security. Schmidt urged the US government to increase funding for AI research, attract top talent, and foster collaboration between the public and private sectors to maintain its technological edge. He stressed the importance of AI for various applications, including healthcare, transportation, and defense, making it a critical area for the US to excel in.
Source: https://www.businessinsider.com/eric-schmidt-comments-china-behind-united-states-ai-2024-5