Artificial intelligence (AI) technology that enables machines to learn and perform similarly to a human brain, will be strategically important to any nation's economic, technological, and military interests in future.
In the race for global leadership, China and the US are well ahead of the rest of the world and we are seeing a widening gap. Unveiled in July 2017, China's AI development plan clearly states the country's ambition: to create an AI industry worth ¥10trn and achieve global supremacy by 2030. Managers bullish on payments as Covid-19 accelerates 'one of the most attractive secular trends' They have made significant progress since then, from the provision of legal frameworks, talent acquisition, and funding of AI start-ups, to the launch of a technology innovation board on the stock ex...
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