Hong Kong News

Nonpartisan, Noncommercial, unconstrained.
Friday, Apr 19, 2024

China has created tech ‘new world order’ in areas like AI and data collection, says US think tank

China has created tech ‘new world order’ in areas like AI and data collection, says US think tank

China will continue to assert ‘prolific dominance’ in multiple areas this year, according to the Future Today Institute’s 2020 Tech Trends Report. Despite slowing growth in China’s economy, ‘it would be a mistake’ to assume the country has lost its influence, the report says
China has created a “new world order” in technological areas including the development of critical digital infrastructure, artificial intelligence (AI) and data collection, according to an American think tank.

“The growth of China’s economy might be slowing, but it would be a mistake to assume that the People’s Republic of China has lost its influence,” said the Future Today Institute in its 2020 Tech Trends Report released on Monday. “China has a rapidly-expanding middle class, an educated and trained workforce and a government that executes on long-term plans.”

The institute projected that China will continue to assert “prolific dominance” this year, as it races against the US and other countries for global leadership in areas such as AI, bioengineering and space exploration.

In the annual tech trends report, which is in its 13th year, Future Today highlighted China’s global leadership in artificial intelligence, aided by its collection of a surplus of data from citizens.

“If data is the new oil, then China is the new OPEC,” the report stated. “The country’s massive population – nearing 1.4 billion people – offers researchers and start-ups there command of what may be the most valuable natural resource in the future – human data – without the privacy and security restrictions common in much of the rest of the world.”

The kind of rich data the Chinese are mining can be used to train AI to detect patterns used in everything from education and manufacturing to retail and military applications, according to the think tank, which is based in Washington, DC.

This echoes the South China Morning Post’s China AI Report, released last month, which said “a confluence of government encouragement and support, access to vast troves of data, a robust funding environment and entrepreneurial zeal have given China the global lead in AI deployment across various sectors”.

Founded by Amy Webb, a professor at New York University’s Stern School of Business, Future Today researches, models and prototypes future risks and opportunities.

Its report named China’s BAT – tech giants Baidu, Alibaba Group Holding and Tencent Holdings – among the nine big tech companies in the world that “overwhelmingly drive the future of artificial intelligence”. The other firms are all American: Google, Microsoft, Amazon, Facebook, IBM and Apple.

Those nine companies not only drive most research, funding, government involvement and consumer-grade AI applications in the world, but also “wield huge influence” over funding AI start-ups and pushing mergers and acquisitions in the industry, according to the institute.

In comparison to China – where businesses and the government are collaborating on a sweeping plan to make China the world's primary AI innovation centre by 2030 – the US has numerous initiatives, cells and centres that work independently on the future of AI on behalf of the nation, Future Today said.

These, however, “lack inter-agency collaboration and coordinated efforts” to streamline goals, research and development efforts as well as funding, the institute added.
Newsletter

Related Articles

Hong Kong News
0:00
0:00
Close
It's always the people with the dirty hands pointing their fingers
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Steve Jobs' Son Launches Venture Capital Firm With $200 Million For Cancer Treatments
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
End of Viagra? FDA approved a gel against erectile dysfunction
UK sanctions Russians judges over dual British national Kara-Murza's trial
US restricts visa-free travel for Hungarian passport holders because of security concerns
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Political leader from South Africa, Julius Malema, led violent racist chants at a massive rally on Saturday
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
'I am not your servant': IndiGo crew member, passenger get into row over airline meal
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Spanish Citizenship Granted to Iranian chess player who removed hijab
US Senate Republican Mitch McConnell freezes up, leaves press conference
Speaker McCarthy says the United States House of Representatives is getting ready to impeach Joe Biden.
San Francisco car crash
This camera man is a genius
3D ad in front of Burj Khalifa
Next level gaming
BMW driver…
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
×