People's Daily Overseas Edition: AI becomes China's new innovation label

People's Daily Overseas Edition: AI becomes China's new innovation label

Xinhua News Agency reporter Fang Zhe

Recently, the 2018 World Congress on Artificial Intelligence kicked off in Shanghai with the theme of "A New Age of Artificial Intelligence Empowerment", which attracted the attendance of leading domestic and foreign enterprises, such as Google, Microsoft, Baidu, Ali, Tencent, Huawei, HKUST and so on. Foreign media reported that the 2018 World Congress of Artificial Intelligence is the highest specifications in the field of artificial intelligence, the largest, the most influential event.

AI is becoming a new label for China's technological innovation. Recently, many foreign media are competing to report the latest developments of China in the field of artificial intelligence.

Widespread concern

Pictures of a Chinese logistics company's "Little Orange Man" robot working in a warehouse were relayed to a foreign social network that quickly became popular, with more than 10 million hits in two days, and drew reports from dozens of overseas media, including the Daily Mail.

Reported that the image of "lovely" 330 small robots, can complete 18,000 sorting tasks per hour. Moreover, the "orange people" sorting error rate is low, the efficiency is high, and the manual operation can be reduced by 70%.

Why can China's "little orange people" crack foreign friends circle? The Economist laments that the international community has been underestimating the degree of artificial intelligence in China's various industries.

The number of convenience stores in China has exceeded 100,000, twice the number in Japan, and there is fierce competition among unmanned stores using artificial intelligence and face recognition technology, according to the Japanese Economic News. "No man" and "Ai" have won the support of many investment funds for the emerging chain industries. With the strength of capital, no convenience stores are rapidly rising in China.

The New York Times reported that seven Chinese and American companies, Google, Facebook, Microsoft, Amazon, Baidu, Alibaba and Tencent, have used artificial intelligence technology extensively in their existing products and services, and are rapidly expanding their operations globally to take up as much as possible. A larger share of the AI market. From the current situation, it seems that the United States occupies the developed country market and part of the developing country market, and China undoubtedly won the majority of the developing country market.

Amy Webb, an American futurist, writes that AI is not just another technology trend. Within 10 years, everything from day-to-day operations to genome coding will somehow be deeply integrated with AI. China is expected to become its undisputed global leader and inject vitality into the future science and technology ecosystem, which will affect every enterprise.

Artificial intelligence is expected to boost China's economic growth from 6.3% to 7.9% a year by 2035, with manufacturing, agriculture, forestry, fisheries, wholesale and retail industries benefiting most from AI applications, according to a report by Accenture Consulting.

Transformation and upgrading is just the right time.

"An unexpected consequence of the US trade war: helping China improve its competitiveness," the Wall Street Journal said, citing an example of a lighting company in Shenzhen, China, using robots to save costs and upgrade its manufacturing of high-end products.

According to Cable magazine, governments around the world are eager to support innovations in artificial intelligence, but none of them has the ability to publish system plans and accomplish tasks like China. The Chinese not only have strategy, but also have large-scale and ambitious projects. The "along the way" infrastructure project is reshaping most parts of the world. Its "large-scale entrepreneurship and innovation" policy has allocated US $320 billion to support Chinese enterprises, providing support for structural transformation from industrial economy to service economy through technology and innovation.

The Economist reported that to understand why China is so outstanding in the field of artificial intelligence, it is necessary to consider the input side of artificial intelligence. From the two basic elements of computing power and capital, China has abundant resources. From technology giants like Alibaba and Tencent to start-ups like Societe Generale Digital Finance and Ucloud, Chinese companies are building data centers as quickly as possible.

The Voice of Germany quotes Paul Schal, a senior researcher at the New American Security Center (CNAS) in Washington, D.C., as saying that business is one of the main factors driving the field of artificial intelligence in China. "There are many top AI companies in China, such as Alibaba, Baidu and Tencent, which have a growing entrepreneurial culture and actively increase human capital through STEM education."

According to data released by CB Insights, an American venture capital research firm, AI startups worldwide raised a record $15.2 billion in financing in 2017, with Chinese companies accounting for 48% of the total, ranking first in the world.

Japanese Economic News reported on its website that China's research in the field of artificial intelligence has been enthusiastic and fruitful. More than 3,800 papers were submitted at the American Association of Artificial Intelligence (AIA) annual meeting in 2018, with a 57% increase over the previous year. At the same time, about 60% of Chinese research participants were allowed to show posters.

Baudamin, chairman and global president of McKinsey, believes that China has great potential in the field of artificial intelligence. One of the most fundamental reasons is that it has a huge amount of live data. He said that with the advancement of computing technology and the development of mobile Internet, more data can be collected, and artificial intelligence is changing from conception to practical reality.

Japan's "Yomiuri Shimbun" newspaper said that China's artificial intelligence field has grown rapidly thanks to its rich research budget, outstanding personnel in related fields and large data.

Opportunity should be changed to seize opportunities.

"The development of artificial intelligence in China has attracted the world's attention and brought new opportunities for international enterprises." This is the resonance of some participants who participated in the 2018 World Conference on artificial intelligence (WAIC).

PricewaterhouseCoopers recently predicted that artificial intelligence would increase global GDP by $15.7 trillion by 2030, with China's total income of $7 trillion. In 2017, China accounted for 48% of the total capital of AI.

Spain's national newspaper website says that China is experiencing a real revolution in artificial intelligence. Chinese leaders have made it clear that AI is the national strategic priority. According to the development plan of the new generation of artificial intelligence technology issued by the Chinese government in July this year, by 2020, the overall technology and application of artificial intelligence in China will keep pace with the world's advanced level; and by 2030, China will become the world's major artificial intelligence innovation center.

The latest issue of The Economist predicts that China may catch up with the United States in the field of artificial intelligence due to its talent and data advantages, large investment from start-ups and BAT, and strong government support.

China has the world's largest online payment market, is exporting equipment to the world, has the world's fastest supercomputer, is building the world's largest quantum computing research center, is developing the Beidou satellite navigation system to the United States by 2020, the report said. PS) challenges, which provide strong support for the development of China's AI industry.

Tencent, one of China's largest Internet companies, has put forward the slogan "Artificial Intelligence is ubiquitous," according to a Forbes website article. Tencent is pushing ahead with new technology investments and R&D, one of the four companies that the Ministry of Science and Technology has identified as developing the next generation of artificial intelligence technology. Tencent is China's propellant to become the leader of AI world. Because AI is expected to change all kinds of industries, Tencent's investment in AI will also increase.

Reuters quoted Jiang Feng, general manager of the Shanghai Stock Exchange, as saying that the next step the Shanghai Stock Exchange will support listed AI companies to become stronger and bigger through mergers and acquisitions, restructuring, shareholding and other means to foster a number of innovative enterprises with global influence.

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