Ex-Google (GOOGL) CEO Eric Schmidt Warns Free Chinese AI Could Erode U.S. Tech Lead
Eric Schmidt, former CEO of Alphabet, warns that free Chinese AI models could become the global standard, potentially eroding U.S. tech leadership. He highlighted that while U.S. models are mostly closed, China's tools are open-source and cost-effective. Companies like Airbnb are already using Chinese AI systems for customer service due to their efficiency and low cost. This trend may shift the competitive landscape, affecting demand for closed systems from U.S. firms. The rise of low-cost models could significantly influence the global AI market and investment strategies in AI stocks.
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