---
title: "Cornell University’s Basu on US-China AI Race"
slug: "cornell-oekonom-basu-der-ai-wettlauf-zwischen-usa-und-china-veraendert-die-weltwirtschaft"
date: 2026-10-19
category: business
tags: []
language: en
sources_count: 1
featured: false
publisher: AInauten News
url: https://news.ainauten.com/en/story/cornell-oekonom-basu-der-ai-wettlauf-zwischen-usa-und-china-veraendert-die-weltwirtschaft
---

# Cornell University’s Basu on US-China AI Race

**Published**: 2026-10-19 | **Category**: business | **Sources**: 1

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## TL;DR

Kaushik Basu, professor at Cornell University and former chief economist of the World Bank, discussed the AI race between the US and China and its impact on the global economy with Bloomberg's Stephen Engle.

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## Summary

Kaushik Basu, professor at Cornell University and former chief economist of the World Bank, discussed the AI race between the US and China and its impact on the global economy with Bloomberg's Stephen Engle. The interview took place on the sidelines of the Bund Summit in Shanghai. The summary does not include specific forecasts or new data from the conversation.

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## Why it matters

Kaushik Basu, professor at Cornell University and former chief economist of the World Bank, discussed the AI race between the US and China and its impact on the global economy with Bloomberg's Stephen Engle.

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## Key Points

- Kaushik Basu, professor at Cornell University and former chief economist of the World Bank, discussed the AI race between the US and China and its impact on the global economy with Bloomberg's Stephen Engle.
- The interview took place on the sidelines of the Bund Summit in Shanghai.
- The summary does not include specific forecasts or new data from the conversation.

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## Nauti's Take

The race between the US and China is driving heavy investment and progress in models and chips, which benefits users worldwide through faster innovation. The risk lies in export controls and separate technology blocs that restrict supply chains and vendor choice. Companies with global teams should check how dependent their stack is on either camp.

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## FAQ

**Q:** What is Cornell University’s Basu on US-China AI Race about?

**A:** Kaushik Basu, professor at Cornell University and former chief economist of the World Bank, discussed the AI race between the US and China and its impact on the global economy with Bloomberg's Stephen Engle.

**Q:** Why does it matter?

**A:** Kaushik Basu, professor at Cornell University and former chief economist of the World Bank, discussed the AI race between the US and China and its impact on the global economy with Bloomberg's Stephen Engle.

**Q:** What are the key takeaways?

**A:** Kaushik Basu, professor at Cornell University and former chief economist of the World Bank, discussed the AI race between the US and China and its impact on the global economy with Bloomberg's Stephen Engle.. The interview took place on the sidelines of the Bund Summit in Shanghai.. The summary does not include specific forecasts or new data from the conversation.

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## Related Topics

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## Sources

- [Cornell University’s Basu on US-China AI Race](https://www.bloomberg.com/news/videos/2026-10-19/cornell-university-s-basu-on-us-china-ai-race-video) - Bloomberg Technology

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## About This Article

This article is a synthesis of 1 sources, curated and summarized by AInauten News. We aggregate AI news from trusted sources and provide bilingual (German/English) coverage.

**Publisher**: [AInauten](https://www.ainauten.com) | **Site**: [news.ainauten.com](https://news.ainauten.com)

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*Last Updated: 2026-10-19*