AI Investment: He noted a potential investment bubble in AI, with around $1 trillion invested but only $30 billion in revenue so far.

Key AI Developments: Schmidt emphasized three key areas:

• Larger context windows (up to 1 million tokens)
• AI agents that can perform tasks
• Text-to-action capabilities

AI Regulation: He mentioned a threshold of 10^26 FLOPS above which companies would need to report AI development to the government.