This is a breakthrough of epic proportions as a single chip has set a new data transfer record of 1.8 Petabytes per second. One Petabyte is equal to 1,000 Terabytes, or roughly 500 billion pages of standard printed text. The entire Library of Congress could be transmitted 100 times in a single second. The implication for global digitization is inconceivable.
The first order of business was to forcibly evict and displace over 1 million Saudis from Jeddah, none of whom will ever actually live in Neom. This extraordinary, high-tech smart city will push sci-fi to the limit with robotic avatars, holograms, flying taxis, high speed rail and no roads. Ubiquitous surveillance features will be built into everything.
Schmidt is a member of the Trilateral Commission. While at Google, he pioneered secretive "surveillance capitalism" using AI that skirted and defied legal control while making multiplied billions in the process. Now he is helping to write AI legislation in Washington without publicly declaring his own massive investments in AI.