China to Catch up to U.S. in AI

China is in an arms race of Artificial Intelligence to obtain equality and eventual superiority with the U.S. Read on.

As China makes significant investment in urban planning and sustainable technology the U.S. could only dream of, one frontier remains left for China to improve upon and it's AI.

For Amazon, there's Alibaba; for Google, there's Baidu; for Facebook, there's Tencent.

July 24th, 2017 #ChinaAI

China chases after US in AI war

China says it will catch up to the US by 2020 when it comes to AI research and then ultimately become the world leader in AI by 2030, with the hopes of creating an industry worth $150 billion.

While China has increased AI funding, the U.S. has taken a step back in science funding.

China is developing artificial intelligence in improving the capabilities of robotics, developing driverless cars, divining consumer preferences, inventory forecasting, selling enhanced products, and marketing goods and services.

While the U.S. remains a far more mature market for fundamental technologies with a stronger University-startup incubator scene, China's ambition will pay dividends down the road as they play catch-up.

While the U.S. has a seeming insurmountable lead in academic research, China has a growing support system for innovation, the biggest database and the largest consumer base. These are interesting factors in how the two countries develop their strategies for future technologies such as AI.

Meanwhile, The United States appears poised to heighten scrutiny of Chinese investment in Silicon Valley to better shield sensitive technologies seen as vital to U.S. national security.

The Rivalry to be the Global Leader

According to Fortune, the US Military is worried China's progress in AI could result in applications that put China superior to the U.S. in military force.

The Chinese have found a way around our protections, our safeguards, on technology transfer in foreign investment. And they're using it to pull ahead of us, both economically and militarily.

China made the United States the top destination for its foreign direct investment and it's a worrying trend for some. This is to the tune of $67 billion in the last 18 months alone. Cyber-security, drone wars and corporate espionage are all major concerns.

China has outlined plans to become a world-leader in artificial intelligence by 2025.

China has set its sights on the leading Tech companies of the U.S. such as Alphabet, Microsoft and others and companies such as Baidu are themselves investing heavily making a "major push" in artificial intelligence to keep up with the Googles' of the world.

It's all in preparation for the AI revolution of the 2030s, when the technology is expected to mature to the next level. The major disadvantage of China vs. the U.S. is the war for global talent in deep learning and machine learning, but even this is expected to change.

Globally, Artificial Intelligence will contribute as much as $15.7 trillion to output by 2030, according to a PwC  report last month.

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