As if a voluntary slowdown in AI development by leading labs isn’t bad enough, Obama is telling Democrats to make AI oversight the center of their agenda. These two factors combined will hand China a victory in the AI race. And if we lose the AI race, we lose everything because this isn’t just a geopolicital rivalry; it’s existential to our way of life. Whoever wins the AI race will control the future, as it forms the foundation of a new economy emerging from the coming global AI adoption. And right now, Democrats seem bent on losing this race.