The U.S. government needs to get involved in the A.I. race against China, Nasdaq executive says

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The U.S. private sector alone cannot compete with the entire Chinese government and private sector in tech development, said Edward Knight of Nasdaq.

China's government has already started "investing heavily" in developing new technologies based on artificial intelligence, he said.A U.S. and a Chinese flag wave outside a commercial building in Beijing.The U.S. needs to take a "strategic approach" as it competes with China on artificial intelligence, according to a Nasdaq executive.

The Chinese government has already started "investing heavily" and working with their private sector to develop new technologies based on artificial intelligence, he said.and aims to make the industry worth 1 trillion yuan . It included a roadmap about how AI could be developed and deployed. Predicting that society will benefit from any innovation that comes from artificial intelligence, Knight added: "If the U.S. is going to continue to be a growing economy and innovative economy, it has to master that new technology."

He said the pipeline traditionally slows down when a new president comes into office because there's uncertainty about possible policy changes.

 

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Oh I’m sure Hunter will get involved alright. Probably worth at least $100 million to him now that dad is Pres.

Meaning Joe Biden will need to continue Trump's sanctioning the best of the Chinese tech companies. Good luck to that.

Two words. Invest & sabotage. 😁

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thank you very much for your work

The fuck? Are we not?

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