Chinese tech giants Baidu, Alibaba, and Tencent are rapidly improving their artificial intelligence, challenging current U.S. tech leaders like Google and Amazon.
China’s so-called BAT companies, as New York University business professor and futurist Amy Webb calls them in her latest book, The Big Nine, get a big boost from their government’s funding and tech-friendly policies. Government support has helped embed the BAT companies’ technologies across China, in everything from mobile messaging and e-commerce, to digital payments and health care.
In an interview with Fortune, Webb contrasted the relationship between China’s government and that country’s A.I. titans with their U.S counterparts and the Trump Administration. In short, the gap is huge—and it could have profound implications for the U.S. economy. Read More