July 28, 2023
According to some analysts, America, which is presently leading the global race to create artificial intelligence (AI), is on the verge of falling behind if it does not implement AI more swiftly.
China, which is already using AI in sectors like healthcare and manufacturing, and is now integrating AI into its economy is reportedly set to take its place.
“The government has created clear lanes for AI entrepreneurs,” said Anja Manuel, executive director of the Aspen Security Forum. “In Washington, there seems to be a sense that we can export control our way out of this problem. I don’t think that’s going to work: we have to move faster.”
The U.S. has focused on slowing China’s AI development by restricting exports of key chips and other equipment. However, some chip manufacturers warn that this could also choke the market for chips made with CHIPS and Science Act subsidies.
“The U.S. needs to do a better job of creating a level playing field for AI adoption,” said Microsoft president Brad Smith. “Right now, there are a lot of barriers to entry for businesses that want to use AI. We need to make it easier for businesses to get the data and the talent they need to develop and deploy AI solutions.”
The sources for this piece include an article in Axios
