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Who Will Lead In The Age Of Artificial Intelligence?

Accelerating trends in artificial intelligence (AI) point to significant geopolitical disruption in the years ahead.

AI and machine learning are predicted to reshape manufacturing, energy management, urban transportation, agricultural production, labor markets, and financial management.

DARPA recently announced a$2 billion investmentin an initiative called AI Next whose goal is advancing contextual and adaptive reasoning.

Alongside China’s expertise in factory machinery, electronics, infrastructure, and renewable energy, the country’s government is increasingly focusing on AI leadership.

According to former Google head Kai-Fu Lee, China’s innovation system is nurturing a kind of global economic duopoly that will inevitably force countries around the world to choose sides.

China’s state-led strategy builds on the country’s national champions Baidu, Alibaba and Tencent (BAT) in a long-term effort to restructure the global technology market.

China’s technology sector is reaching a critical mass of expertise, talent and capital that is realigning the commanding heights of global power.

In fact, the Chinese government plans to lead the world in AI by 2030, announcing more than $110bn worth of technology merger and acquisition deals since 2015.

The country’s growing internet economy generates vastly more data than any other country, leveraging speed, execution, and product quality, particularly through its fintech companies.

After a half century of US-led neoclassical economic theory, China’s planning model is proving to be more strategically effective at delivering the goods.

Just as a post-war generation built a liberal global order, so today aging democracies are in need of a new and compelling vision for a high tech global society.

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