A new report from JPMorgan Chase warns that AI will shake up global alliances, stoke fresh populism and change the rules of war in the century ahead.

Why it matters: The report, first seen by Axios, says that the U.S. is dominating the worldwide AI race. Efforts to maintain that dominance are ushering in new, uncomfortable norms.

Zoom in: "The Geopolitics of AI: Decoding the New Global Operating System" calls the 2024 presidential election "the most consequential event" that has shifted the geopolitics of AI over the past year. • This year, the U.S. "government's orientation to the tech sector and to the wider international community has shifted," the JPMorgan Chase center for geopolitics wrote.

Private-sector AI or AI-adjacent companies now see the government as a dealmaker or a dire

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