Putting AI in tech milestone perspective
Artificial Intelligence (AI) technology has been front and center recently, creating great interest in companies like Nvidia, which now ranks among the most valuable companies in the world.
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Artificial Intelligence (AI) technology has been front and center recently, creating great interest in companies like Nvidia, which now ranks among the most valuable companies in the world.
After decades of decline, a new boost in US manufacturing is garnering considerable media attention. In particular, the semiconductor industry has been prioritized for US government support through the CHIPS Act initiative with some US$50 billion worth of state funding.
Intel, once among the world’s leading technology companies, is struggling. Founded as a start-up in 1968, the US chipmaker grew to success over the years through savvy business and technology decisions combined with timely product investments.
Chips are the key economic and military enablers of the industrial world. South Korean President Yoon Suk Yeol recently described chip technology leadership as paramount to a country’s economic survival (Wall Street Journal, June 5, 2024). The impact on military matters is overwhelming. As David Goldman and I wrote in the the Wall Street Journal on December 23, 2018: “Silicon, not Steel, will win the Next War.”
The automotive industry is in a most difficult period of its history. How can it predict the future?