AI Investment: He noted a potential investment bubble in AI, with around $1 trillion invested but only $30 billion in revenue so far.
Key AI Developments: Schmidt emphasized three key areas:
- Larger context windows (up to 1 million tokens)
- AI agents that can perform tasks
- Text-to-action capabilities
AI Regulation: He mentioned a threshold of 10^26 FLOPS above which companies would need to report AI development to the government.
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