STEVE FORBES: The AI Cold War has begun and America cannot afford to lose

History teaches a simple lesson: the nation that sets the standards sets the future. In the 20th century, America wrote the rulebook for aviation, computing and finance. In the 21st, the decisive battleground is artificial intelligence. And make no mistake — Beijing intends to write the rules.

As everyone is now grasping, artificial intelligence will not be a niche technology. It will fundamentally reshape medicine, manufacturing, logistics, national defense and financial markets. It will create whole new industries.