PodcastWhy Europe has already lost the AI Race
Here’s what he said:
In AI, you need three pieces to succeed: You need kind of a well-capitalized innovation ecosystem. You need cheap energy to power massive data centers, and you need access to GPUs, models, and data.
The overall market for AI currently is about 15 trillion for products and services globally. And this innovation and value is generally being created mainly in the US and China.
Europe is a taker of technology at this stage. Trying to get out in front with regulations just means that innovation stays away, gets developed outside of Europe.
Startups are the types of companies that will disrupt Google, Apple, and Amazon […] Startups are definitely a huge part of the puzzle to maintain balance, they ensure that there is a healthy turnover of large companies with new companies.
AI has the potential to be a very dangerous development. And in the worst case, it goes full skynet on us and takes over humanity. At the same time, like the EU has done by regulating AI, if you do this and you follow the EU, what is going to happen is that development is just going to happen somewhere else. Either way you can lose. Either through Skynet or losing $100 trillion of innovation over the next two decades.
You have to believe in the fundamental goodness of humanity, and that the good of the many will always outweigh the maliciousness of the few. And so I’m very hopeful for the world in general. I am more skeptical about Europe. But at the same time, the 500 million citizens of Europe is an unbridled potential. And I really do believe that in a place where Europe and Europeans are flourishing, it’s a better world.
