Who’s Winning the U.S.-China AI Race?
While markets clearly reflect the belief that the United States is ahead in the AI arms race, early leadership does not mean victory — especially when it comes to innovation.
Stephen Roach, senior fellow of the Paul Tsai China Center of Yale Law School, is the former chairman of Morgan Stanley Asia and author of Accidental Conflict: America, China, and the Clash of False Narratives (Yale University Press, 2022).