JUST IN: Nvidia CEO Jensen Huang tells German Chancellor Friedrich Merz that there will be no AI industry for him to regulate if overregulation stops AI from being built in the first place.

do americans geniuenly believe cashback is money with no strings attached and american banks are just giving out money from the kindness of their hearts? lol

we, at @arqfoundation, are working to prevent things like this holding back Europe. If you would like to help us fix CADA, my DMs are open! We will be hiring for multiple roles.

Big new IFP report from @GeorgiaCAdamson, @KonstantinPilz, and me on the US-China AI competition. We spent the last 6 months digging into how Chinese AI companies’ access to compute and distillation of American models translate into the current US-China capabilities gap. The result is a 23k-word research report, including an interactive analytical model that visualizes changes in the US AI lead under different policy interventions. Our findings: 1. The US AI lead over China is currently only around 6 months. 2. The US could roughly double this lead, to over a year, using authorities already available to the federal government. 3. On chips: China’s access to AI chips will roughly double over the next year, with chips housed in data centers overseas accounting for roughly half of China’s 2027 compute. 4. On distillation: the current ~16x US training compute advantage would normally yield a 13-month lead. But we estimate adversarial distillation halves this to around 6.5 months. 5. Increasing the lead would have some obvious benefits: - Give the US broadly a greater cyberdefensive advantage against Chinese threat actors. - Give US AI companies breathing room to spend more R&D resources on making their systems safer and more secure, without fear of being overtaken by less safety-conscious Chinese competitors. 6. Provide the US government more leverage in negotiations with China about the future of AI. 7. The two most important interventions are: - For BIS: Create a new end-use control to restrict China’s remote access to training clusters abroad — China’s largest and fastest-growing source of frontier-scale compute. - For DOJ/FTC: Create a narrow safe harbor to allow US companies to coordinate on countering Chinese adversarial distillation. 8. Both interventions (and all the others we discuss in the report) are things the federal government could do today. 9. To estimate the effects of each policy intervention, we model the US lead as a function of its compute advantage over China and China’s ability to adversarially distill the capabilities of the US frontier. 10. The model makes many simplifying assumptions, but provides a useful way to assess and rank the impact of different policy interventions at a high level. Read the full report here: ifp.org/how-to-increase-amer…

Jamie Dimon, Chairman & CEO, JPMorgan Chase & Co., is about to address #EconClubChi. Watch the live program here: piped.video/live/UkvigLsQ2Ic…

Wanted: Tech experts to help Congress regulate AI politi.co/4i4C0sr

unfathomable damage done to America. You could have abundant, cheap, emission-free electricity flowing to your home right now if it weren't for these people.

Ralph Nader, 1997: “When we came out against nuclear power in the early '70s, the government had predicted that there would be 1,000 nuclear plants by the year 2000 in the United States, and there's 109 and shrinking, as more and more get shut down.” pbs.org/wgbh/pages/frontline…

Again, one of the coolest things about the AI revolution is the energy revolution it’s bringing along with it.

NEW: The big tech midterm realignment could have huge implications in 2028. Trump has made his party the defenders of Silicon Valley execs. Democrats see a populist windfall. The proof is in the ad spending data. theatlantic.com/politics/202…

An anti-robotaxi group called the People First Transportation Alliance has become active in DC in recent months. But exactly who is behind the group remains unclear. My latest for @washingtonpost washingtonpost.com/dc-md-va/…