At present, China lags U.S. in every area of AI development — hardware, research and algorithm, and industry commercialization — except big data, according to a recent Oxford University report. China's lack of any "serious law" on data protection means it's likely to beat the US in the race over global research and development in the artificial intelligence (AI) sector, said Credit Suisse. The Chinese government has been pushing for a national AI strategy since 2013, but it is still unclear whether that will be enough to keep up with advances from Silicon Valley. "WeChat is processing seven billion photos a day – that's a massive, massive data resource," Tao said. "They will have an edge in image recognition."
China's lack of any "serious law" on data protection means it's likely to beat the US in the race over global research and development in the artificial intelligence (AI) sector, said Credit Suisse. The Chinese government has been pushing for a national AI strategy since 2013, but it is still unclear whether that will be enough to keep up with advances from Silicon Valley. "WeChat is processing seven billion photos a day – that's a massive, massive data resource," Tao said. "They will have an edge in image recognition."