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Ex-Google CEO Eric Schmidt calls OpenAI and Anthropic modern colonial trading companies.

The DecoderIndependent reporting·
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In a Foreign Affairs article, historian Niall Ferguson, researcher Lisa Klaassen and former Google CEO Eric Schmidt describe the US and China as AI empires and other countries as dependencies, and compare OpenAI and Anthropic to colonial trading companies.

Written by AI from The Decoder's published text.

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“In Foreign Affairs, historian Niall Ferguson, researcher Lisa Klaassen, and former Google CEO Eric Schmidt cast the US and China as AI empires and every other country as a dependency. The race won't be decided by breakthroughs but by who can bankroll it.”
The Decoder, 25 Oct 2026, 08:09.

Reporting from a publisher outside the organisation being covered.

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