Beijing Wants AI to Be Made in China by 2030

By PAUL MOZURJuly 20, 2017SHANGHAI — If Beijing has its way, the future of artificial intelligence will be made in China.The country laid out a development plan on Thursday to become the world leader in A.I. by 2030, aiming to surpass its rivals technologically and build a domestic industry worth almost $150 billion.Released by the State Council, the policy is a statement of intent from the top rungs of China’s government: The world’s second-largest economy will be investing heavily to ensure its companies, government and military leap to the front of the pack in a technology many think will one day form the basis of computing.The plan comes with China preparing a multibillion-dollar national investment initiative to support “moonshot” projects, start-ups and academic research in A.I., according to two professors who consulted with the government about the effort.The United States, meanwhile, has cut back on science funding. In budget proposals, the Trump administration has suggested slashing resources for a number of agencies that have traditionally backed research in A.I. Other cuts, to areas like high-performance computing, would affect the development of the tools that make A.I. work.China’s capabilities, especially in advanced and new technologies, have long lagged those of its better developed…

Link to Full Article: Beijing Wants AI to Be Made in China by 2030

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