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Legendary geopolitical forecaster George Friedman joined The Business from the sidelines at the UBS Australasia conference in Sydney. He says he can see the Ian war ending, but he also doesn't know how the conflict will resolve.
"It's almost certain very soon because both sides need to have it," he said, reflecting on the rising cost of the conflict on the US and Iran. The 'futurologist' observed that Australia is standing more on its own in the Pacific through allies like Japan and India, with whom it has developed a close military relationship.
"What we see evolving in this region is the same thing that's evolving in the Middle East. This isn't 1945, this isn't 1950 or 1960. Nations in this region have become much more mature and capable". He sais.
On AI, he thinks the extreme claims reflect overstatements by industry, but the fundamental reality of AI is here. While the technology won't live up to the "preposterous" claims around it, what is needed now is investment. "The process of maturing will cause problems," he observed.
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