China’s artificial intelligence industry has surpassed the remarkable $70 billion mark, according to recent reports. Premier Li Qiang revealed this exciting news at the World Conference on Artificial Intelligence in Shanghai. The total size of the technology industry related to AI in China now exceeds 500 billion yuan.
Li Qiang emphasized the significant progress China has made in this field, highlighting the country’s ranking as second globally in terms of large AI models. He mentioned the expanding use of artificial intelligence in various sectors such as manufacturing, transportation, education, and healthcare.
While acknowledging the positive impact of AI developments, Li Qiang also addressed the concerns surrounding this rapid growth. He stressed the importance of safe management of artificial intelligence and the need for ethical considerations and regulations. China is gradually implementing an effective code of ethics and regulatory system to address these challenges. The prime minister also expressed the country’s readiness for international cooperation in advancing AI technologies for global development.
The continuous advancements in AI technologies, the emergence of new business formats, and the rapid adoption of AI applications are playing a crucial role in driving a new scientific and technological revolution. However, the evolution of such technologies also raises important issues related to legislation and ethics. Li Qiang’s remarks shed light on the complexities of managing AI ethically and responsibly to ensure its benefits are harnessed for global progress.