Episode 20: What are the Consequences of the AI Race?

In the second episode of a two-part series, Simon and Gary discuss how the AI race is affecting countries that aren't currently investing in their own models, how those countries could still create a version of AI sovereignty for themselves, and what the consequences might be for them if they don't.

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Host bios:

Gary Gensler, former Chair of the Securities and Exchange Commission, is Professor of the Practice of Global Economics and Management, and Professor of the Practice of Finance, at MIT Sloan School of Management. His research focuses on artificial intelligence, finance, and economic policy. He previously served as Chairman of the Commodity Futures Trading Commission, Under Secretary of the Treasury for Domestic Finance, Assistant Secretary of the Treasury, Chair of the Maryland Financial Consumer Protection Commission, and Senior Advisor to Senator Paul Sarbanes. Earlier, Gensler was at Goldman Sachs for 18 years, where he became a partner.

Simon Johnson, a 2024 Nobel laureate in economics and former Chief Economist at the International Monetary Fund, is the Ronald A. Kurtz Professor of Entrepreneurship at MIT Sloan School of Management, head of its Global Economics and Management group, and Co-Director of MIT’s Stone Center for Inequality and Shaping the Future of Work. He co-chairs the CFA Institute Systemic Risk Council and is an AI Ambassador for the UK. Simon is the author of 13 Bankers, Jump-Starting America, and Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity.

Gary & Simon also co-edited, with Ugo Panizza and Beatrice Weder di Mauro, The Economic Consequences of the Second Trump Administration.