This Wall Street Journal podcast episode features an interview with former U.S. Secretary of State Condoleezza Rice, focusing on navigating international uncertainty and geopolitical tensions, particularly the U.S. and China's competition in technology. Rice advises businesses to recognize the shift from borderless supply chains and to differentiate between enduring changes and temporary noise when making adjustments. She emphasizes the importance of diversifying supply chains, incorporating risk assessment into boardroom discussions, and understanding both industry and enterprise risks. Rice also highlights the need for the U.S. to maintain its technological lead through continued innovation, government support for small companies, and investment in university research, while also addressing concerns about academic neutrality and civil dialogue. She expresses optimism about technology's potential to improve education, healthcare, and industrial productivity, advocating for democratic institutions to lead in innovation and address potential downsides.
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