China Aims to be a Global Frontrunner in AI by 2030

In Brief A new plan unveiled by the government reveals that China aims to be the global leader in AI by 2030. China is already well-situated globally in the realm of AI, along with other countries that are embracing and supporting the technology. China’s AI Budget, Plan China aims to be a global frontrunner in artificial intelligence (AI) by 2030, according to the government’s new plan. Released on Thursday, the national AI development plan lays out a timeline for the growth of the country’s core AI industries — the State Council estimates they will be worth over 150 billion yuan ($22.15 billion) by 2020 and 400 billion yuan ($59.07 billion) by 2025. This growth will ensure that the AI industry is a “new, important” driver of economic expansion in China by 2020. Critical areas of development will include intelligent robotics and vehicles, AI software and hardware, and augmented and virtual reality. “Artificial intelligence has become the new focus of international competition,” the report said. “We must take the initiative to firmly grasp the next stage of AI development to create a new competitive advantage, open the development of new industries and improve the protection of national security.” This plan is…

Link to Full Article: China Aims to be a Global Frontrunner in AI by 2030

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