Chinese Premier Advocates for AI Sector Development

A few days after agreeing on a resolution regarding artificial intelligence (AI), Chinese leaders are intensifying their calls for countries to adopt a uniform pace of AI development.

Azcnews Chinese Premier Advocates For Ai Sector Development

Chinese Premier Li Qiang urged developed nations to keep pace with their developing counterparts in AI innovation, highlighting a range of accompanying benefits. Li articulated his perspective at the World Artificial Intelligence Conference in Shanghai, which included participation from leading AI companies and nations.

Premier Li emphasized that a balanced approach to AI innovation is crucial for bridging the “intelligence gap” between developed and developing countries. Describing AI as the “common wealth of humanity,” he pointed out that nearly half of the global population lacks access to AI services, despite the seemingly rapid rate of adoption.

He revealed that promoting innovation and the unified application of technology is a standard practice in China, referencing significant advancements in 5G technology, navigation systems, and COVID-19 medical technology.

Chinese Premier

Beyond the noble goal of providing 2.5 billion people with access to large language models (LLMs), Chinese Premier Li Qiang emphasized China’s commitment to ensuring responsible development of this technology. In his keynote speech, Li highlighted the risks stemming from uneven regulatory standards, which could lead to regulatory arbitrage by service providers.

“Developing artificial intelligence is like setting sail on the vast ocean,” Li stated. “The vista ahead is exciting, but there will undoubtedly be storms along the way. As long as we stay on the right course, work together, and support each other, we will surely reach a better destination.”

Last week, a China-backed AI resolution received broad support from United Nations member states, aiming to democratize AI development across nations and present a united front in addressing the emerging challenges of AI.

Qiang added, “The unanimous adoption of the resolution demonstrates the broad consensus among member states to enhance global AI governance through dialogue and cooperation, fully reflecting China’s responsible attitude and leading role in AI development and governance.”

Chinese Ai
Chinese Ai

Facing Off with the United States

China and the United States have distanced themselves from other nations, with experts highlighting a simmering cold war between the two powers rather than industry cooperation.

Analysts point out the current U.S. trade restrictions on China concerning high-end AI chips, with Washington citing security concerns as the primary reason for the embargo. In response, China, eager to forge its own path, has geographically restricted certain AI services from the U.S. while advancing its own solutions for global AI regulations.

The Chinese government is racing against time to avoid lagging behind the U.S. in AI innovation, a fate it has faced with other emerging technologies. By hosting the World Artificial Intelligence Conference in Shanghai, experts suggest China may have scored some points against its Western rival.

5.0/5

(2 votes)
  1. Avatar of Salihu Ibrahim
    Salihu Ibrahim

    Kusfa no 337 Zaria city

Comments are closed.

Latest

Bitwise Registers Solana Etf In Delaware

News | Altcoin | Policy & Regulations

Bitwise Registers Solana ETF in Delaware

Asset management firm Bitwise has just established a Solana ETF and registered it in the state of Delaware. The company will soon submit an official application to the SEC.

Azcnews What Caused Goat's Price To Drop 20% In Just 24 Hours

News | Altcoin | Editor Choice | Memecoin

What Caused GOAT’s Price to Drop 20% in Just 24 Hours?

The price of memecoin GOAT continues to plummet after reaching its peak, recording a drop of more than 20% in the past 24 hours, becoming one of the worst-performing coins on the market.

Trump Seeks To Appoint Crypto Specialist To His Administration

News | Editor Choice | Policy & Regulations

Trump Seeks to Appoint Crypto Specialist to His Administration

Donald Trump is looking for someone to appoint to a completely new position in the White House as a dedicated advisor on cryptocurrency.

Azcnews Bitcoin Nears $95k, Putting 100% Of Investors In Profit

News | Analytics | Bitcoin | Editor Choice

Bitcoin Nears $95K, Putting 100% of Investors in Profit

With Bitcoin at an all-time high, 100% of investors holding the coin are in profit.

12 Year Old Boy Executes Rug Pull On Memecoin, Rakes In $30,000 Live On Stream

News | Editor Choice | Memecoin

12-Year-Old Boy Executes Rug Pull on Memecoin, Rakes in $30,000 Live on Stream

A 12-year-old boy conducted a livestream rug pull of the memecoin QUANT that he created, earning $30,000 from investors.