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Story summary
- China is advancing rapidly in artificial intelligence because it faces fewer regulatory hurdles.
- Kevin O’Leary, chairman of O’Leary Ventures, says China can quickly establish large facilities.
- He argues the United States faces lengthy permitting processes that slow AI progress.
- O’Leary warns this gap could lead to China's economic and military dominance.
- The remarks were made during an interview on One Nation with Brian Kilmeade, where he downplayed fears about AI, calling it a simple tool.
