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The global race for dominance in AI

The global race for dominance in AI

The advancement in the Artificial Intelligence is occurring at a fast speed, and some countries are major players emerging from it – the U.S., China, Japan, the U.K., Russia, Saudi Arabia, South Korea, and the U.A.E.

The immense potential of Artificial Intelligence has kick-started the international race for dominance in the new technology.

China is investing a lot in Artificial Intelligence and has started a multi-pronged approach to quickly increase the AI talent, research and development in its universities to spur its objective to boost its innovation, research, and development in Artificial Intelligence.

The Chinese Government is leaving no stone unturned to make the largest Asian economy a leader in the AI space. Under President Xi Jinping, the country witnessed growth in leaps and bounds in several sectors, more particularly in the Artificial Intelligence domain.

The Chinese Government and businesses have joined hands on a strong plan to make the country as a leading Artificial Innovation hub by 2030 and the alliance is already on a strong path towards that objective. As the Chinese government is making a huge investment to grow the AI technology, the country is way ahead compared to other countries when it comes to the total number of Artificial Intelligence-related research papers published. The country envisages becoming the leader in the AI domain by 2030.

This gives the country a huge advantage over other countries those are in the race of becoming the leaders in the AI space. Some of the largest companies in China such as Alibaba, Baidu, Huawei Technologies, and Tencent, which are highly organized and well-capitalized, are investing in the AI technology. Chinese firms also cooperate with the government and the Chinese laws.

The story of funding and creation in the U.S. is legendary and American technology behemoths such as Apple, Amazon, Facebook, Google, IBM, Microsoft, and thousands of other big and small technology firms have invested trillions of dollars in the AI domain.

Furthermore, the U.S. has a highly well developed and skilled workforce with research institutions and academic powerhouses to achieve breakthroughs in AI innovation. Some of the prestigious universities and institutions in the U.S. including Carnegie Mellon, Harvard, MIT, Yale, among many others are conducting research on AI technology.

Some other countries in the race for AI dominance are:

Japan

Japan has been a leader in the AI domain, especially their development and adoption of robotics. Last year, the government has unveiled its Artificial Intelligence Technology Strategy that includes an Industrialization Roadmap and emphasizes the development of Artificial Intelligence into three stages – the widespread application and utilization of AI in businesses through 2020, the public utilization of AI between 2015 and 2030, and finally, an ecosystem developed by connecting multiplying domains.

United Kingdom (UK)

The U.K. is an emerging leader in the AI domain in Europe and the British Government is funding AI initiatives. In November last year, the British Government announced GBP68 million of financing for research into Artificial Intelligence and robotics projects aimed at enhancing safety in extreme environments and financing new research centers that will be formed to devise robotic technology and financing four centers

South Korea

 

South Korean Government is an important investor and a staunch supporter of local technology development. Of late, the government announced its intention to invest $2 billion by 2022 to reinforce its Artificial Intelligence research and development capacity as well as to finance large-scale Artificial Intelligence projects related to public safety, national defense, and medicine.