U.S. and Chinese military are preparing for warfare involving AI-powered drone swarms.

Drone swarm advancements have initiated an arms race with global acquisition implications.

The Pentagon is investing in cost-effective drones to counteract China's regional ambitions.

China is also advocating for their development of AI-enabled military weapons.

A Georgetown study revealed that a third of 2020 military contracts were for smart unmanned systems.

Fully operational combat drone swarms are predicted to emerge within five years, but key developments could occur earlier.

The proliferation of drone swarm technology risks increasing global instability and conflict.