“The development of AI has come to a tipping point,” said Li, a delegate of the Chinese People’s Political Consultative Conference (CPPCC), a political advisory body. “Whichever country makes a breakthrough in application can have a bigger chance to lead the world in AI technology. China’s AI prowess is certainly the second best in the world, if not the best.”No mention of open borders and importing unskilled labor to keep wages low. The Chinese even have policies designed to increase labor costs! The current government is halfway into a 10-year plan to double wages! In America, the goal is suppress wages as far as possible with imported labor.
“Unlike the previous technology revolutions, AI is the once-in-many-decades chance for China to lead the charge in technology,” said Lei, a lawmaker at the National People’s Congress (NPC), the parliament.
Heavy investments poured into cloud computing and big data over the past few years and China’s huge talent pool in mathematics undergird the country’s ability to close its gap and surpass the US in AI, Lei said.
Baidu’s AI-powered facial recognition technology, which beat humans, was recently listed as the “10 Breakthrough Technologies” of 2017 by MIT Technology Review.
China has also overtaken the US, leading the world in publishing academic journal articles on deep learning, a sub-discipline of AI research.
“Many jobs will be taken by AI and the fortunes of society will be controlled by a small number of AI giants,” Liu said. “The government needs to take action now to think about how to better distribute wealth and how to prepare people to move into the AI era. Otherwise it will be too late.”
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