6 June 2026

Niall Ferguson: AI Is the Most Dangerous Arms Race in History

The Free Press  |  Niall Ferguson

The modern artificial intelligence race between the U.S. and China is the most dangerous arms race in history, mirroring 20th-century nuclear brinkmanship, and currently lacks the strategic doctrine and arms control necessary for stabilization. Niall Ferguson warns that while AI promises extraordinary benefits like medical breakthroughs and economic growth, its rapid, largely unregulated development poses profound financial and geopolitical risks.

This situation necessitates a strategic framework similar to Henry Kissinger's _Nuclear Weapons and Foreign Policy_ to address "Artificial Intelligence and Global Security." President Trump recently signed an executive order requiring some AI companies, including Anthropic, to allow government review of powerful new models 30 days before public release. Ferguson highlights two concurrent AI races: one among five leading American companies (Anthropic, Google, Meta, OpenAI, and xAI) and another between the U.S. and China, both characterized by leadership of "mixed quality," exacerbating the inherent dangers.

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