Tech CEOs admit they want AI monopoly: US plans to block China's competition & 'steal' engineers

from Geopolitical Economy Report · host Ben Norton

Big Tech oligarchs in Silicon Valley fear competition from Chinese AI companies like DeepSeek, so they're working with the US government to cut off competitors. Billionaire Donald Trump backer Peter Thiel admits they want monopolies, arguing "competition is for losers". Ben Norton explains. VIDEO: https://www.youtube.com/watch?v=4jniPAD2uoo Topics 0:00 (CLIP) "Competition is for losers" 0:17 China's DeepSeek AI breakthrough 1:46 US tech billionaire Peter Thiel 2:06 (CLIP) Peter Thiel praises monopolies 2:31 Peter Thiel backs Donald Trump 3:12 US government targets DeepSeek 4:23 US goal: stop Chinese innovation 5:40 China is developing 10 AI models 6:00 Senate hearing on China 7:15 (CLIP) "Let's steal [China's] engineers" 7:30 CIA testimony 8:24 (CLIP) Ban Chinese apps in USA 8:43 Is DeepSeek stealing from OpenAI? 10:40 OpenAI CEO Sam Altman 11:05 (CLIP) Sam Altman & Peter Thiel 11:24 Silicon Valley wants to cut off China 11:49 Anthropic CEO Dario Amodei 12:42 Chip restrictions on China 14:34 Big Tech wants US "unipolar world" 16:41 Who's authoritarian, USA or China? 19:03 US oligarchy 20:20 Capitalism vs competition 21:24 Peter Thiel employed JD Vance 21:54 PayPal Mafia 22:30 Robber barons 23:19 Capitalism creates monopolies 24:56 Chinese socialism vs US capitalism 29:38 Outro

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