US Aims for AI Supremacy

The new cold war. [Altucher Confidential] July 05, 2023 [WEBSITE]( | [UNSUBSCRIBE]( It’s no secret that the US and China have been in a “cold war” for years. [Hero_Image] US Aims for AI Supremacy By: James Altucher [LEAKED MEMO] AI Opportunity A leaked memo from Google on AI could prove that it's [the biggest opportunity of the decade](. [Click here to learn more]( Silicon Valley insider, James Altucher, shows that a tiny AI company could be in the crosshairs of major NASDAQ players — and [a buyout deal]( could be announced at any moment. And if you don’t get in this stock before a potential deal is announced... You’ll miss out for good. Take a look at this research, and [this urgent buy alert]( before it’s too late. [James Altucher] JAMES ALTUCHER Dear Reader, It’s no secret that the US and China have been in a “cold war” for years. Over the past decade, China and the US have gone back and forth in trade disputes, cyber attacks, and foreign policy rivalries. The latest battle theater: AI supremacy. Last month, the Wall Street Journal reported that the US could look to impose tighter controls over the powerful processors required for AI development. The change would add further restrictions to a policy first implemented last August that explicitly restricts the export of AI processors to China. In response, top AI chip manufacturer NVIDIA developed a weakened processor specifically for the Chinese market. The latest policy adjustments could see restrictions put into place on even weakened chips in order for the West to secure a considerable AI advantage over China. The move to restrict Chinese access to AI chips could further inflame US-China tensions as AI becomes a more important component of new tech development and economic growth. The US and the West (including Europe, Japan, South Korea, etc.) hold a considerable advantage over China when it comes to chip development. The equipment and knowledge required to produce the most sophisticated processors are exclusively controlled by Western countries. Although the Chinese are making progress in developing their own chip manufacturing capabilities, it will cost billions of dollars and take years of development before China can independently produce its own state-of-the-art processors. The US and its allies are gambling that restricting Chinese access to the latest technology today will allow the West to develop a considerable lead over China that will make it hard - if not impossible - for China to catch up. New Biden Bucks Follow-Up Available Now Hey, it’s Jim Rickards. Since posting my original Biden Bucks presentation online, millions of people have viewed it. Snopes and the Associated Press have even attempted to “fact check” me and claim my warnings are false: [Click here to learn more]( Point being, my message has raised a storm and caused a lot of controversy. But in the time between my message and now, a lot of new developments have come to light. That’s why I’ve just released an update to my original prediction… one which will likely be even more controversial. [>> Click here now to access my new 2023 Biden Bucks follow-up](. In reality, fully enforcing this policy will be challenging. Although the US and its allies may succeed in reducing Chinese access to the latest AI chips, fully restricting Chinese access will be impossible. As we’ve seen with similar technology embargoes in Russia and Iran, it is virtually impossible to keep embargoed technologies out of the hands of a determined enemy. In order to circumvent US embargoes, Russia and Iran have relied on third-party backchannels to purchase technology on their behalf. While these workarounds will likely not stop US and Western chips from getting into Chinese hands, they will massively reduce the availability of such chips. Restrictions on NVIDIA chips would likely impede the development of Chinese AI. A recent review of research on Chinese Large Language Models (LLMs) found that 85% were conducted with NVIDIA Chips. Likewise, China currently accounts for about 20% of NVIDIA sales. According to many accounts, Chinese AI tech already lags far behind the US. Implementing an embargo on chips would further impede China’s ability to close the gap in this arena. As AI technology becomes a bigger driver for growth in the US and abroad, I expect this will be an important focal point of US-China relations. Unfortunately for Chinese leadership, China is reliant on Western technology in order to keep pace with AI technology. As AI becomes a more important contributor to tech progress and the global economy, I expect this will be a critical bargaining chip in negotiations with China. As always, my team and I are continuing to monitor trends and investment opportunities in the AI space and will keep you updated as news develops. Stay tuned. Best, [James Altucher] James Altucher For Altucher Confidential Over 62 And Collect Social Security? Take Action Immediately! [James Altucher]( [If you’re over the age of 62 and currently collect Social Security, you need to prepare now](. Because Biden has given our country the worst inflation in decades – and many warn things will only get worse from here. Worse yet, the Social Security check you receive now may not keep pace with inflation… [Which is why, if you don’t act now, you could fall behind in the months ahead](. Is your retirement at immediate risk? [Click here now to get the simple, step-by-step actions to survive inflation](. [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. 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