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Artificial Intelligence: Why Ex-Google Chief Eric Schmidt Warns We May Have to Pull the Plug on AI

Australian Financial Review

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Date Published
2 Sept 2024
Priority Score
4
Australian
Yes
Created
8 Mar 2025, 01:04 pm

Authors (1)

Description

The former Google chief executive and chairman said Western democracies had to regain lost ground in industrial policy to counter China.

Summary

Eric Schmidt, former CEO of Google, cautions that AI technology, while transformative in sectors like business, medicine, and education, presents significant risks that may necessitate extreme measures such as discontinuation. His remarks, delivered at the Australian Strategic Policy Institute's Sydney Dialogue, underscore the relevance of AI governance amidst global power struggles, particularly between Western democracies and China. By emphasizing the need for robust industrial policies, Schmidt highlights the geopolitical dimensions of AI advances, framing AI not only as a technological challenge but as a strategic resource in international competition. This perspective is crucial for shaping global AI policies that mitigate potential catastrophic outcomes.

Body

PolicyForeign Affairs & SecurityAIPrint articleSam Buckingham-JonesMedia and marketing reporterSep 2, 2024 – 1.30pmSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginWestern democracies are winning against China through creativity but must regain lost ground in manufacturing and industry if they want to preserve a lead over the Asian superpower, Eric Schmidt, former CEO and chairman of tech giant Google, says.In a wide-ranging interview at the Australian Strategic Policy Institute’s Sydney Dialogue on Monday, Dr Schmidt said artificial intelligence would radically alter the efficiency of business, medicine, education and science – but that came with enormous risks.Loading...Sam Buckingham-Jonesis the media and marketing reporter at The Australian Financial Review.Connect withSamonTwitter.SaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreAIChina relationsDefenceGoogleChinaMicrosoftHenry KissingerFetching latest articlesOlympic weightlifting is hard. This boss uses the 1pc rule to get it doneLucy DeanOut-of-control watch price rises give housing a run for its moneyKnow your craft: How the biggest airlines rate at the pointy endJun Bei Liu: How I learnt to speak upSally Patten and Lap PhanThe four actor ‘tricks’ giving executives more confidence‘We’ll fight’: Alex Waislitz on family battles and bad betsA last-chance tote bag and a groovy case for trumpetersEugenie KellyThis machine can bring out the creative streak you never knew you hadThis data-driven wellness retreat is a haven for high-flyersBillionaire Nicola Forrest appoints UBank boss to run family officePrimrose RiordanVictor Smorgon’s star fundie eyes 50pc returns for new fundForrest family powerbroker had alleged role in big Fortescue decisions