Add Eric Schmidt to the list of tech luminaries concerned about the dangers of AI. The former Google chief tells guests at The Wall Street Journal's CEO Council Summit that AI represents an "existential risk" that could get many people "harmed or killed." He doesn't feel that threat is serious at the moment, but he sees a near future where AI could help find software security flaws or new biology types. It's important to ensure these systems aren't "misused by evil people," the veteran executive says. Schmidt doesn't have a firm solution for regulating AI, but he believes there won't be an AI-specific regulator in the US.

A former Google CEO said during a Congressional hearing on Wednesday that artificial intelligence (AI) is at the "center" of the technology competition between the United States and China. Eric Schmidt, who was CEO of Google from 2001 to 2011, made the comment during Wednesday's House hearing focusing on strategic competition between the United States and the Chinese Communist Party (CCP). "I think the technology competition between China and the U.S. is the defining moment of all of the competitions," Schmidt said. "And of that, artificial intelligence, AI, which is now a lot of people are talking about, is very much at the center of this competition." Elaborating on his point, Schmidt said that "China is now dedicating enormous resources to outpace the US and technologies, in particular AI." Former CEO & Chairman of Google and Chainlink Advisor Eric Schmidt speaks at Chainlink's SmartCon 2022 Web3 Conference on September 28, 2022 in New York City.

Schmidt Futures, a philanthropic initiative co-founded by former Google CEO and Chairman Eric ... [ ] Schmidt and his wife Wendy, is expanding its investment in artificial intelligence research. Schmidt Futures announced today that it was investing $148 million to fund the Eric and Wendy Schmidt AI in Science Postdoctoral Fellowship, a program of Schmidt Futures. With this newest funding, Schmidt Futures, a philanthropic initiative co-founded by former Google CEO and Chairman Eric Schmidt and his wife Wendy, has now committed a total of $400 million to support the development of artificial intelligence (AI) for scientific discovery for other advances in technology and engineering fields. According to the announcement, the new funding will initially support about 160 postdoctoral fellows at nine universities around the world to learn and apply AI methods to their research. The fellowship is expected to expand to more institutions and countries in the future.

Find out how former Google CEO Eric Schmidt sees the future of artificial intelligence (AI) and tech. As leader of NY Governor Cuomo's COVID-19 task force, he also provides insights on the world post-COVID, as well as the opportunities and talent that he is investing in through Schmidt Futures and his new podcast Reimagine. Have questions, comments, or suggestions on guests? You can also subscribe to our newsletter at the bottom of this page.

During his talk at a tech summit organized by the Center for a New American Security (CNAS) on Wednesday, former Google CEO Eric Schmidt told his audience that it won't be long before China overtakes the United States in the development of advanced artificial intelligence (AI), according to a report by The Verge. Schmidt, who's now the executive chairman of Google's parent company Alphabet, said that while the U.S. would maintain its leading place in the next five years, China will be able to catch up "extremely quickly." "Trust me, these Chinese people are good," Schmidt pointed out. China has previously laid out plans to become the world leader in AI by 2030, as outlined in a government policy released in July of this year. "They are going to use this technology for both commercial and military objectives, with all sorts of implications," The Verge reports.