In the CNN Fareed Zakaria's Global Briefing, this title "How China Outmuscles America in AI", caught my attention. According to the briefing, China is pumping billions into developing artificial intelligence in an effort to dominate the industry, writes Louise Lucas for the Financial Times. And it’s not clear whether the U.S. will have the resources to keep up.
“U.S. and Chinese tech companies alike are ploughing money and talent into AI, but Beijing’s blueprint for investing in artificial intelligence -- creating a $150 billion industry by 2030 -- underlines its desire to beat the U.S.,” Lucas writes.
“‘When it comes to government data, the U.S. doesn’t match what China collects on its citizens at all,’ says James Lewis, senior fellow at the Center for Strategic and International Studies. ‘They have a big sandbox to play in and a lot of toys and good people.’
“China’s checkbook is also unmatched in the U.S., where budgets are being cut. ‘The Chinese invest billions, we [the U.S.] spend millions. It’s hard to see how you wing it when you are being outspent a thousand to one. We are not going to win when we are outgunned to that extent; even if they are half as efficient it’s still 500:1.’”
“U.S. and Chinese tech companies alike are ploughing money and talent into AI, but Beijing’s blueprint for investing in artificial intelligence -- creating a $150 billion industry by 2030 -- underlines its desire to beat the U.S.,” Lucas writes.
“‘When it comes to government data, the U.S. doesn’t match what China collects on its citizens at all,’ says James Lewis, senior fellow at the Center for Strategic and International Studies. ‘They have a big sandbox to play in and a lot of toys and good people.’
“China’s checkbook is also unmatched in the U.S., where budgets are being cut. ‘The Chinese invest billions, we [the U.S.] spend millions. It’s hard to see how you wing it when you are being outspent a thousand to one. We are not going to win when we are outgunned to that extent; even if they are half as efficient it’s still 500:1.’”
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