China is not just playing catch-up with the West [...]. It is planning to leap over Western economies and seize nothing less than global AI dominance. China is developing a sophisticated national AI strategy and it is allocating massive government funding to capture global market share in AI.
As the Fourth Industrial Revolution takes shape and the surge of Artificial Intelligence gathers pace, the world elites meeting at Davos need to seek to reassure those who most fear our common technological future to avoid people falling under the spell of populism.
Even if we are true believers in the power of technology, in the benefits of creative destruction, we should not kid ourselves: the fourth industrial revolution, if left untamed, could increase inequality, weaken the social fiber of our society, and put under threat the core of democracy and peace.
During the 38th edition of GITEX Technology Week, one of the Middle East’s main tech sector events, Alibaba’s Chief Machine Intelligence Scientist Wanli Min was on the ground to talk about Artificial Intelligence and, in particular, the company’s ‘City Brain’ project.