China’s appetite now focused on artificial intelligence

Android textured with flag of china. Technology concept. Isolated China has recently announced their long-term goal to become #1 in A.I. by 2030. They plan to grow their A.I. industry to over $22 billion by 2020, $59 billion by 2025 and $150 billion by 2030. They did this same type of long-term strategic planning for robotics – to make it an in-country industry and to transform the country from a low-cost labor source to a high-tech manufacturing resource, and it’s working.China’s Artificial Intelligence Manifesto With this major strategic long-term push into A.I., China is looking to rival U.S. market leaders such as Alphabet/Google, Apple, Amazon, IBM and Microsoft. China is keen not to be left behind in a technology that is increasingly pivotal — from online commerce to self-driving vehicles, energy, and consumer products. China aims to catch up by solving issues including a lack of high-end computer chips, software that writes software, and trained personnel. Beijing will play a big role in policy support and regulation as well as providing and funding research, incentives and tax credits. The local and central government are supporting this AI effort,” said Rui Yong, chief technology officer at PC maker Lenovo Group. “They see this trend coming and they…


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