"Artificial Intelligence Enters the Era of National Drive: Titans Compete in Trillion-Dollar Market"
(Original Title: Artificial Intelligence Enters the Era of National Driving Giants Competing for Food in the Trillion Market)
By 2018, the global artificial intelligence market is projected to surpass $200 billion. As this massive market unfolds, tech giants are vying for dominance in the AI sector. Artificial intelligence has now become a focal point for national development strategies.
On July 20, 2017, the State Council of China issued the "New Generation Artificial Intelligence Development Plan," outlining a three-step strategy. The first step aims to establish technical standards, service systems, and industrial ecosystems by 2020, with core industries reaching over 150 billion yuan and driving total industry size beyond 1 trillion yuan. By 2025, the second phase envisions widespread integration of AI in smart manufacturing, healthcare, cities, agriculture, and defense, with core industries exceeding 400 billion yuan and driving a 5 trillion yuan market. The third phase envisions a comprehensive AI ecosystem by 2030, with core industries surpassing 1 trillion yuan and driving 10 trillion yuan in related sectors.
This initiative effectively launches a race among global tech leaders. Lenovo, traditionally a PC giant, announced its shift toward AI on July 20. Around the same time, Changhong, TCL, Hisense, Xiaomi, and LeTV formed the "Artificial and Smart TV Industry Alliance." Companies like Baidu, Alibaba, Tencent, and Huawei were already heavily invested in AI before the official announcement.
An executive from an AI startup noted that government support remains crucial in China. Domestic firms are swiftly repositioning themselves to lead the AI revolution. To a degree, they aim to secure a place among the world's leading AI companies.
While China isn’t the first to adopt an AI strategy, it’s moving fast. The U.S. introduced its "National Artificial Intelligence R&D Strategic Plan" in 2016, followed by the UK and France. Germany and Japan have also made significant investments.
Liu Chuanzhi, Chairman of Lenovo, emphasized the importance of this moment for China. Baidu's founder, Li Yanhong, highlighted China's vast market as a unique advantage in leading global AI development. Intel's Yang Xu praised the government's efforts, stating that China's innovative environment is thriving.
Academician Tan Tiemau predicts that global AI spending will reach $165 billion in 2016 and exceed $200 billion by 2018.
From the PC era to mobile internet, China has often been a follower. But AI presents an opportunity to lead globally. NVIDIA and Intel dominate the foundational tech space, but Chinese startups like Cambricon and ZTE are making strides. Huawei, in particular, is developing its own AI processor, set to launch later this year.
At the OS level, Google Brain and Baidu Brain are leading the charge. Startups like Fourth Paradigm are working on user-friendly AI systems akin to Windows 95.
In applications, smart speakers are emerging as the next frontier. However, challenges remain. Baidu faces stiff competition from rivals like Google and Microsoft, while also grappling with talent retention issues.
Despite these hurdles, the potential of AI is immense. As we move forward, each era produces its own leaders, offering startups unprecedented opportunities. Whether Baidu can maintain its edge or if Huawei rises in the AI landscape remains to be seen.
[Image: https://i.bosscdn.com/blog/6c/b2/c2/8cd02e4065b53cbd946836cea020170730144952.jpeg]
[Image: https://i.bosscdn.com/blog/4b/2a/47/8eb3c44e27af6184cedc91969d20170412160138.jpeg]
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