Is India Finally Catching Up to China’s State-Powered AI Dreams?
10 Jan 2019 4:04 AM GMT
China has now established itself as one of the world leaders of AI-based technologies, based on the advancements made by the country in 2018 alone. However, India seems to be slowly catching up, spurred by the increase in government funding towards AI and the uptick in manpower in said fields. With China?s plan to ?catch?
- However, India seems to be slowly catching up, spurred by the increase in government funding towards AI and the uptick in manpower in said fields.
- The report also clarified the 5 major sectors that AI research in India would focus on, namely healthcare, agriculture, education, smart cities and infrastructure, and smart mobility and transportation.
- Moreover, the world’s biggest AI startups with valuations of over $2 billion such as SenseTime, Cambricon, Megvii, CloudWalk, and YITU are Chinese, thus representing the forward-thinking attitude put forward by the government to cement its place in the 4th Industrial Revolution.
- The three areas are hardware (chips and cards for use with AI), research and algorithm development, an area that is seeing active advancement with the increase of research funding, and the general commercialisation of the industry.
- Boasting of the second largest workforce in AI worldwide after the US, India seems to be utilising government policy to its advantage.
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