New tech is changing the contours of geopolitical stability—America must act now, or risk losing its global standing forever.

Technology has always driven political competition. For decades, the US set the international rules on innovation, standards, and export regulations, using soft power and federal funding to both develop cutting edge tech and prevent its rivals from acquiring it. But in the digital era, major breakthroughs in everything from AI systems to autonomous drones now come from private companies, not government labs. It is already too late for superpowers to stop the outward flow of research and expertise. The fallout from this shift could dramatically reshape our world, and America is running out of time to act.

Bytes and Bullets is an analytically rich account of how technology is upending global competition. Through engaging stories and original research, Carnegie Endowment senior fellow Steve Feldstein explains how America's primacy is being undercut at every turn by commercialization, China's growing capabilities, and new regional powers building their own spheres of influence. He offers eye-opening insights from modern conflicts and proposes concrete strategies that democracies must adopt to shape the future.