Advertisement

Ex Google CEO Concerned as China Ramps Up AI Developments

The former CEO of Google, Eric Schmidt, has warned legislators and concerned officials to resume national funding for artificial intelligence (AI) to compete against China in the global AI market.

Advertisement

His remarks have sparked concerns that in the event of China becoming the biggest player in the AI game, the consequences could trigger a “national emergency”.


ALSO READ

Iran Ships Huge Volumes of Oil to China While US Looks to Withdraw Sanctions


While discussing the AI situation on CNN, Schmidt stated that China is poised to lead the global AI market by 2030 but the government of the USA is not “prepared for this new technology”. He added that the use of AI to produce and spread information poses a “threat to democracy” and could be deployed as a weapon of war.

In order to be competitive, Schmidt advised increasing the nation’s budget for R&D in AI from $1.5 billion this year, to $2 billion in 2022, and then doubling it each year until it expands beyond $32 billion by 2026.

 


ALSO READ

59% Healthcare Workers Yet to Receive COVID-19 Vaccine


Ramping up AI expenditures will bootstrap private investments in the R&D space and will save taxpayers’ money by remodeling the government’s infrastructure.

Schmidt also predicted that the industry could be worth $50 trillion within the next two decades.

Advertisement

Advertisement

See ProPakistani in...
ProPakistani App
close
>