This episode explores the escalating geopolitical risks surrounding the rapid advancement of artificial general intelligence (AGI), particularly the competition between the US and China. Against the backdrop of concerns about AGI's potential for autonomous action and the difficulty of controlling superintelligence, the discussion highlights the significant security vulnerabilities in the current AI development landscape. More significantly, the panelists delve into the pervasive issue of Chinese espionage and intellectual property theft within leading US AI labs, emphasizing the inadequacy of existing security measures. For instance, the anecdote of a Soviet listening device hidden within a wooden seal illustrates the lengths to which adversaries will go to gain intelligence. As the discussion pivots to the critical infrastructure needed for AGI development, the panelists reveal the dependence on foreign-made components, particularly from Taiwan, creating a strategic vulnerability. The conversation concludes by emphasizing the need for proactive measures, including regulatory reform and a shift from a defensive to an offensive posture, to address the current asymmetry in capabilities and ensure US competitiveness in the AGI race. This means fostering collaboration between diverse security experts, acknowledging the limitations of current control mechanisms, and recognizing the potential for both catastrophic failure and unforeseen positive outcomes.