So what to J.D. Vance's highly controversial speech at the Paris AI Summit this week? According to That Was The Week’s Keith Teare, it was “a breath of fresh air”. Others will argue it was just more MAGA putridity designed to alienate our European friends. Some tech notables, like Union Square Ventures partner Albert Wenger, take both views simultaneously, acknowledging on the one hand that Vance was correct to push back against “regulatory capture”, but on the other that Vance was “mistaking jingoism and wishful thinking for true global leadership”. Here are the 5 KEEN ON takeaways from this weekly tech round-up with Teare: * J.D. Vance's Paris AI Summit speech marked a potential turning point in US-Europe AI relations. His message prioritizing AI opportunity over safety prompted European regulators to pull back on some restrictions, with the EU dropping its AI liability directive and the UK rebranding its AI Safety Institute. * Anthropic's growth is accelerating, with projections of $34.5 billion in revenue by 2027. They're currently outperforming OpenAI in some areas, particularly coding, and are expected to release a major new AI model soon. * The Musk-OpenAI conflict has intensified, with Musk's $100 billion bid for OpenAI's non-profit arm being rejected. Meanwhile, OpenAI is planning to incorporate its Q* (Q-star) model into a new GPT-5 release that will combine reasoning, operational capabilities, and multimedia functions. * The AI industry is seeing rapid advancement in humanoid robotics, with companies like Apptronics and Figure receiving significant valuations. Figure's valuation jumped from $2 billion to $39 billion after securing a major automotive partnership. * Traditional political alignments are becoming less relevant in tech policy, with Teare arguing that economic growth and technological progress are transcending traditional left-right divisions. This is exemplified by some progressives like Reid Hoffman embracing AI optimism while traditional conservatives champion technological progress. FULL TRANSCRIPT Andrew Keen: Hello everybody. It is Saturday, February 15th, 2025, a day after Valentine's Day. It's been a day or a week dominated by a certain J.D. Vance. Yesterday, he made a very controversial speech in Munich, which apparently laid bare the collapse of the transatlantic alliance. He attacked Europe over free speech and migration. So he's not the most popular fellow in Europe. And a couple of days before that, he spoke in Paris at the AI Summit, a classic Parisian event talking about summits. Macron, of course, also spoke there. According to The Wall Street Journal, Vance's counts were good. The German, of course, being a conservative newspaper. According to The Washington Post, which is a progressive newspaper, he pushed the "America First" AI agenda. Others, like Fast Company, ask what to make of Vance's speech at the Paris AI conference. According to my friend Keith Teare, the author of That Was The Week newsletter, the speech was a breath of fresh air. I was going to call you Marx, Keith. That would have been a true Freudian error. What do you admire about Vance's speech? Why is it a breath of fresh air? Keith Teare: Well, it's in the European context that it's a breath of fresh air. I think from an American perspective, he didn't really say anything new. We already think of AI in the way he expressed it. But in Europe, the dominant discussion around AI is still focused on safety. That is to say, AI is dangerous. We have to control it. We need to regulate it. And as a result of that, most of the American developments in AI are not even launched in Europe, because in order to be made available to citizens, it has to go through various regulatory layers. And that slows everything down. So in the context, Vance stood up on the platform in front of all of the people doing that regulation and told them basically, rubbed their noses in it, saying how self-destructive their approach was for European success. His opening lines were, "I'm not here to talk about AI safety. I'm here to talk about AI opportunity." And in the days since, there's been quite a big reaction in Europe to the speech, mostly positive from normal people and adjusting policy at the regulatory level. So it's quite a profound moment. And he carried himself very well. I mean, he was articulate, thoughtful. Andrew Keen: Yeah. You say his speech marks a crucial inflection point. I wonder, though, if Vance was so self-interested as a MAGA person, why would he want even to encourage Europe to develop? I mean, why not just let it be like social media or the Internet where American companies dominate? Is there anything in America's interest that the Trump-Musk alliance would benefit from strong European AI companies? Keith Teare: Well, from strong European AI openness, yes. I don't think Vance thinks for a minute there are any European companies that will be able to compete in that open environment. And so most of his purpose is economic. He's basically saying open up so that our guys can sell stuff to you and the money will flow back to the U.S. as it has done with Amazon and Google and every other major tech innovation in recent years. So it's basically an economic speech masquerading as a policy speech. Andrew Keen: I wonder if there's an opportunity for Europe given the clear divisions now that exist between the U.S. and Europe. I wonder whether there's an opportunity for Europe to start looking more sympathetically at Chinese AI companies. Did Vance warn in his speech, did he warn Europe about turning to the Chinese, the other potential partner? Keith Teare: Yeah. There are two parts of his speech I didn't really incorporate in the editorial. The first was a subplot all around China, which he didn't name, but he called "dictatorships." We don't want dictatorships leading in AI. And then there was another subplot, which was all about free speech and openness and not censoring, which was aimed at the Europeans, of course, and the Chinese. Andrew Keen: Discussion of their free speech, or at least it's their version of free speech, isn't it? Keith Teare: I think the funny thing is in order to be consistent, they're going to have to allow all free speech. And they will, because they know that. And so, weirdly, the Republicans become the free speech party, which makes no sense historically. But it is happening. And I thought there were a lot of interesting things in that speech that symbolized a very confident America. However, the reason America is doing this is because it's weak, which is a paradox. Andrew Keen: Politically weak or militarily weak or economically weak? Keith Teare: Not militarily - it's super strong, but economically it's relatively declining against China. It's the next Europe. America is the next Europe. China is the next America. And in that context, America's brashness sounds positive to our ears and to mine as well, because it's pro-optimism, pro-progress. But actually, it's coming from a place of weakness, which you see in the tariffs and the anti-Chinese stuff. Andrew Keen: And I want to come to the Munich speech where Vance was pretty clear. Trump's always been clear that if there is an opportunity for Ukraine, Ukrainians have to work for American access to its raw materials, minerals, etc. Whether America's foreign policy now is becoming identical to that of China, helping other countries as long as they provide them with essential resources. Keith Teare: Yeah, exactly. By the way, one of our commentators, David John William Bailey on LinkedIn, is saying we need to explain this. He says he's also attempting "$1 trillion mob-style shakedown." Anyone defending this is either deluded or only reads hard-right propaganda. Andrew Keen: Well, but Keith, you've always claimed to be a progressive. You always claim to be a man of the left. You have a background in left-wing communist activism. Now you're on board with Vance. You were on board the week before with Musk. You're ambivalent about Trump. What does this say to you? What does this suggest about you personally, or is the reality of politics these days that the supposed conservatives like Vance are actually progressive in their own way and the supposed progressives in the Democratic Party are actually conservative? Keith Teare: Well, as you know, I don't like those labels anymore because I think they're trying to fit a modern narrative into an old set of boxes. I think, broadly speaking, Vance is an economic progressive. He wants the economy to grow. He wants GDP to grow. Andrew Keen: Some people say everyone's a progressive in that sense if they want GDP to grow. Keith Teare: Yeah, but not very many people can do it. So I think they really are serious that they believe innovation in tech and GDP are correlated. And I believe GDP and social good are correlated. And so if you really want to be a progressive that wants people to have a good life, you have to support economic growth. And I think Vance does. And I think that's what his narrative is about. He's basically telling Europe that they're going to get the opposite, which has been true, by the way, now for a decade. European GDP per capita is as low as $35,000 a year. American is $85,000 a year. Andrew Keen: That's an astonishing shift. And this is going to be remembered, I think, as an important week in the American-European relationship. You said that the aftermath of the Vance speech has been remarkable and telling. The EU dropped its AI liability directive. The UK rebranded its AI Safety Institute. OpenAI removed diversity commitments. So a speech is now having an impact, particularly this Paris speech when it comes to AI policy, both in Europe but also in the US as well. Keith Teare: Yeah, I wouldn't give too much credit just to the speech. I think the speech is symptomatic of a lot of zeitgeist change and everyone