Palihapitiya predicts AI will create three geopolitical tiers with only China and America exporting intelligence.
“In bucket number one, you're an exporter of that intelligence. And I think right now, steady state, it's gonna be China and America.”
Palihapitiya frames China competition as existential and says winning requires keeping it focused on AI and economics.
“The war with China is existential because if we can keep it on the battlefield of AI and intellectual and economic prowess, we have a very good chance of winning.”
Palihapitiya says China's economy is enormously dependent on imported oil, about 20% of their economy.
“If you look at the conditions inside of the Chinese economy, the most interesting takeaway is that they are enormously dependent on imported oil, So about 20% of their economy.”
Palihapitiya argues that a fifth of China's imported oil from Iran and Venezuela is now off the table.
“And of that 19%, about a fifth of it comes exclusively from Iran and Venezuela. And now all of that is off the table.”
“They're six months behind on the model, and they're twenty four months behind on the silicon, yet they're only a few months behind in total. So what game are we playing? This is insane.”
Palihapitiya describes Bissell as 150-year-old Michigan manufacturer competing globally on productivity
“Bissell is a 150 year old American family owned business based in Grand Rapids, Michigan. It’s a multi billion dollar manufacturing business who has revenue streams around the world and has to compete against tough competition from China everywhere so productivity, speed, and https://t.co/vSlLBSTxH0”
European philanthropists provided funding and Fox News apologized for O'Leary's China claims about data center opponents.
“ of that money coming from individual philanthropists in Europe. Earlier this summer, Fox News issued an apology after Kevin O'Leary said opponents of his Utah data center were working with China. Fox News host Johnny Joey Jones said there was ”