The rush to understand and implement artificial intelligence (AI) solutions has become almost akin to the space race, with countries around the world throwing huge resources into research.
At the top of the pile is the usual suspects with the United States, China, and Europe. However, a new study released by Elsevier has revealed there could soon be a shake-up.
According to the study, China is outpacing its two major competitors in terms of AI research output and is set to become the world’s AI superpower in implementing AI solutions into the digital era like data centres, smart cities and smart manufacturing.
In 2004 China overtook the US, but up until now has always remained behind Europe. However, if current trends continue, Elsevier expects China to overtake Europe and take the crown in less than five years.
According to the report, China has many positive factors that are contributing to its AI surge, including the government effectively opening up the purse strings for the new research, pioneering tech firms like Alibaba and Tencent, and the real clincher – almost free reign using citizen data, which is critical to drive the sophistication in AI applications.
However, Elsevier’s report asserts what China has proven itself to very proficient at, is attracting and retaining the best AI talent. The last three years has seen Chinese academia bringing in more AI talent than it is losing, setting the foundation for the country’s position on top of AI research. .... "
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