Artificial Intelligence

The brains behind broad transformation are artificial intelligence (AI).

According to firm leaders and industry experts, artificial intelligence, a fundamental technology in driving digital transformation, has played a critical role in encouraging real-economy development and advancing China's push for industrial upgrading.

According to firm leaders and industry experts, artificial intelligence, a fundamental technology in driving digital transformation, has played a critical role in encouraging real-economy development and advancing China’s push for industrial upgrading.

According to Ren Xianliang, chairman of the China Federation of Internet Societies, AI has become a core driving force for China’s new round of technological and industrial revolution, bringing tremendous changes to the country’s development and people’s lives in many fields, including healthcare, education, transportation, security, and finance.

AI-powered technologies were widely used during the pandemic in areas such as virus source tracing, virus detection, remote diagnosis and treatment, and resource allocation, according to Ren.

According to IDC, the worldwide AI sector was worth $156.5 billion (£117.4 billion) in 2020, up 12% from the previous year. According to the China Academy of Information and Communications Technology, the total was 303.1 billion yuan (£35.7 billion), up 15% from the previous year.

Xiao Yaqing, China’s minister of industry and information technology, announced during the World Artificial Intelligence Conference in Shanghai in July 2021 that the country has the most AI patents. According to him, the core business is still growing, and AI and the actual economy are becoming more integrated.

According to a report by the China Industrial Control Systems Cyber Emergency Response Team and the Electronic Intellectual Property Centre, which are both part of the Ministry of Industry and Information Technology, China has applied for 909,401 AI-related patents by September.

China’s IT companies have made significant investments in AI research and development. In 2017, Baidu Inc, a Chinese internet giant, was appointed to lead the establishment of the country’s AI national laboratory on deep learning. The national research initiative requires self-driving technologies. Deep learning is a sort of artificial intelligence that uses experience to train computers to solve problems.

According to Robin Li, co-founder and CEO of Baidu, the use of AI technology is redefining sectors and will become a transformative force revolutionizing future human growth over the next 40 years.

Li explained, “Baidu’s approach to AI technology has always centred around achieving equal outcomes by making technology more accessible, offering freedom and possibilities for all.”

The Beijing company has increased its efforts to build self-driving taxi services in order to increase commercial use of its expanding transportation alternatives on a big scale.

The purpose of AI’s intelligent transformation of industry and society is to meet people’s demands, with technology only being useful if it serves humanity by creating greater value and contributing to society, according to Li.

Tencent Holdings established its AI Lab in April 2016. Basic research in computer vision, speech recognition, natural language processing, and machine learning is emphasized.

The corporation also attempts to bring basic research to its core businesses, such as medical, social interaction, online games, and cloud computing, by applying AI to these areas. It also runs Youtu Lab, which has developed advanced facial and image recognition as well as speech recognition technology.

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