More than 200 unicorns, the world's largest user of industrial robots, a leader in automation... There is no shortage of reasons to list China as a world power when it comes to technology. Today, the Asian country, along with the United States, is in a relentless race for advances in the field of Artificial Intelligence.
But what makes China a powerhouse in the sector? At an event at Saint Paul Business School , exclusively for the High Impact Programs community (which in 2024 will hold, in partnership with the Cheung Kong Graduate School of Business (CKGSB) - China's first private business school - the Doing Business With a Changing China module in Beijing and Shanghai), the Dean and Academic and Artificial Intelligence Director Adriano Mussa, Ph.D. , highlighted some important points. Mussa, who also has a postdoctoral degree in AI from Columbia University, highlighted points such as the incessant generation of data, the country's entrepreneurial and professional profile, and the current moment in the use of this technology.
5 reasons why China stands out in the race for cameroon whatsapp data dominance in Artificial Intelligence
China has the largest amount of data generated in the world
The country is leading the data race, fueled by an impressive contingent of 700 million internet users. The scenario becomes even more dynamic with the flourishing of a robust startup ecosystem, especially in the online-to-offline (O2O) sphere. This approach promotes the convergence of the digital world with the physical, creating a fertile ground for real-time data capture. As the Internet of Things (IoT) integrates with the O2O logic, every transaction, movement and interaction is transformed into valuable data, feeding algorithms and driving the evolution of Artificial Intelligence. Also noteworthy is the ubiquitous presence of Super Apps, which consolidate multiple functionalities into a single application and play a crucial role in expanding the capture of non-isolated data.
Chinese entrepreneurs are gladiators
Children of the One-Child Policy (implemented in the 1970s that prohibited any couple from having more than one child), today’s generation of entrepreneurs is driven by the need to succeed in order to support their families. Unlike the Greek philosophical approach, which traditionally rests on the art of questioning and exploration, the Chinese philosophical foundation embraces a unique perspective shaped by the sages of the past that encourages imitation—which is considered a valuable tool for honing skills and achieving excellence. This philosophy, when coupled with fierce competition, proves to be a driving force for innovation. In other words, in Chinese culture, imitation is seen not as an act of passive copying, but as a means of absorbing knowledge and techniques.
The political environment is favorable to AI advances
The strategic plan outlined by the Chinese government in 2017 outlines an ambitious and favorable horizon for the development of AI. A triad of support is outlined: starting with political support, which aims to create favorable policies and regulations to encourage innovation and implementation of AI. Financial support, in turn, signals substantial investments to boost research, development and the practical application of the technology. In addition, talent development is placed at the epicenter of this strategy. The goals set out in the government plan outline a clear timetable, reflecting a genuine commitment to positioning China at the forefront of the technological revolution.