
China calls for AI governance as US opts to deregulate

Chinese Premier Li Qiang's push for a global AI cooperation body is a testament to AI's massive growth potential, but fractured governance and the US-China rivalry risk turning it into a zero-sum game that could stifle innovation worldwide. The fallout hits every corner of the tech ecosystem, from chipmakers scrambling to meet demand to startups navigating export restrictions, as nations desperately balance innovation speed against mounting security threats. Over the weekend, Li's speech at Shanghai's annual World AI Conference warned of urgent consensus needs amid escalating hazards that threaten to fragment the global technology landscape into competing blocs. "Rapid AI advancement brings opportunities and obstacles demanding collective input for [the] equilibrium between innovation and protection," Li said. Li skipped naming the U.S. directly, but slammed AI development as potentially becoming "exclusive" for a few wealthy nations, blaming artificial chip shortages and deliberate talent barriers. That was an indirect salvo aimed at Donald Trump's July 23 executive order axing "woke" biases in AI while slashing regulations to lock in U.S. dominance and accelerate American technological supremacy. The deregulati