
Thomas Edison had George Westinghouse. Apollo had Sputnik. Today’s artificial intelligence race between the United States and China may be the latest example of rivalry acting as a catalyst for innovation.
“Competition is healthy, and I think strong rivals will push AI labs to innovate and move faster,” says Mark Casey, equity portfolio manager.
Article originally published by Capital Group. FE fundinfo is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.