Global Divide Emerges as China Controls Resources, Experts Say
Translated & summarized from Calcalist by baba
Experts at a Calcalist investment panel discussed AI's risks and global geopolitical shifts. Yodfat Harel Buchris highlighted the need for AI regulation, while Dr. Ilan Gildin noted a shift in investment returns away from the U.S. Uri Greenfield emphasized AI's impact on non-tech sectors.
The story in 4 lines · by baba
- Experts discussed AI's potential existential risks and the inevitable need for its regulation.
- Investment returns are shifting, with countries outside the U.S. now outperforming, partly due to AI.
- AI is expected to drive adoption in non-tech sectors, creating new investment opportunities.
- The global investment landscape requires diversification due to geopolitical and economic factors.
Experts at a recent investment panel discussed the growing influence of artificial intelligence (AI) and its potential risks, alongside geopolitical shifts impacting global investment strategies. Shi Salins of Calcalist opened the discussion by referencing concerns from Bill Gates about AI's potential to cause mass casualties and Anthropic's warning of existential risks.
Yodfat Harel Buchris characterized AI as a foundational technology, emphasizing the importance of selecting viable startups and anticipating future regulation. She stated, "Regulation is an inseparable part of new technology, and there is no doubt that the field of AI will be regulated because it is a foundational technology." She questioned who would create the new rules and how they would be implemented.
Dr. Ilan Gildin noted that every technological cycle culminates in a bubble, but suggested that the AI bubble has not yet burst due to low adoption rates. He also observed a shift in investment returns, with countries outside the U.S. now outperforming, partly due to AI's value creation and the location of AI infrastructure and commodity resources in Southeast Asia, Latin America, and other regions. "The game will not be only in the United States, so you need to diversify the portfolio, especially in an inflationary environment," he advised.
Uri Greenfield agreed that diversification is crucial, especially for private investors. He highlighted AI's potential to enable the adoption of technology in non-tech sectors, creating opportunities in areas previously lacking tech talent and offering lower initial valuations.
She stressed that companies and investors must decide which side to align with, stating, "We are already divided in this world. We are at war."