00:00Shereen, we were talking this afternoon just about the arms race that the U.S. is in with China
00:05in developing this technology. Can you talk a little bit about how people in the U.S. and in
00:10Silicon Valley are trying to weigh the innovation with the idea that, you know, this technology
00:17perhaps needs regulation or guardrails in some fashion? Right. So, you know, all of this discussion
00:24about AI regulation is happening in the context of a very fierce race with China for dominance
00:29in AI. And that kind of hypothetical threat of China overtaking the U.S. to become the
00:35number one most advanced producer of AI became very real a little over a year ago when, you
00:41know, the Chinese firm DeepSeek came out with its R1 model that seemed to very closely match
00:47the capabilities of the most, you know, forefront cutting edge reasoning models coming out of the
00:53private U.S. labs. Chinese companies have been able to do this very efficiently.
00:59There's a lot of debate about just how much the cost reduction is there and if we should
01:04take Chinese firms at their word when they talk about the training costs. But there is
01:08no denying that, you know, the technical work is out there, that they have come up with ways
01:13to essentially do more with less and to very quickly mimic, you know, some of the innovations
01:20that we've seen in the U.S. So I think that, you know, there's different estimates out there.
01:25I've heard people say China's only six months maybe behind us in AI. It's really hard to tell
01:32because of sort of the limited information sharing, especially coming out of the Chinese
01:36labs into the U.S. So that is always in the backdrop around these discussions of, well,
01:43how much should we regulate AI when anything, you know, if the U.S. goes too far, could that stifle,
01:49right, the rate of progress here compared to China where AI is regulated but not in the sense
01:56that we're, you know, maybe discussing in terms of safety guardrails and when the Chinese government
02:02has been funding a lot of AI development, much more than in the U.S. in some ways.
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