The Trump administration’s expressed desire to “beat” China in the AI race was the path to the U.S. falling hopelessly behind. That’s why the meeting Nvidia’s Jensen Huang had with President Trump last week was so important.
Which requires a quick look back in time, specifically to Adam Smith’s 18th century visit to a pin factory. Smith observed for readers that while one man working alone in the factory could maybe produce one pin per day, several men working together in specialized fashion could produce tens of thousands.
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