According to Chinese officials and analysts, China has the potential to challenge the United States regarding artificial intelligence (AI) supremacy due to its sizable market, abundant data resources, and a developing industrial base. “The US is clearly ahead of China in terms of technological activity, but we are ahead of it in terms of market friendliness,” said Peng Wensheng, chief economist at the China International Capital Corporation (CICC.
According to Chinese officials and analysts, China has the potential to challenge the United States regarding artificial intelligence (AI) supremacy due to its sizable market, abundant data resources, and a developing industrial base. “The US is clearly ahead of China in terms of technological activity, but we are ahead of it in terms of market friendliness,” said Peng Wensheng, chief economist at the China International Capital Corporation (CICC.