Eric Schmidt in Project Syndicate:
The world is only starting to grapple with how profound the artificial-intelligence revolution will be. AI technologies will create waves of progress in critical infrastructure, commerce, transportation, health, education, financial markets, food production, and environmental sustainability. Successful adoption of AI will drive economies, reshape societies, and determine which countries set the rules for the coming century.
This AI opportunity coincides with a moment of strategic vulnerability. US President Joe Biden has said that America is in a “long-term strategic competition with China.” He is right. But it is not only the United States that is vulnerable; the entire democratic world is, too, because the AI revolution underpins the current contest of values between democracy and authoritarianism. We must prove that democracies can succeed in an era of technological revolution.