Xi Says World Enters Unprecedented AI Innovation Era, Urges More Open-Source Cooperation
Summary
- Xi said the world has entered an unprecedented artificial intelligence (AI) innovation era and that AI is becoming a new engine for global economic growth.
- Xi said open-source AI development should be encouraged and stressed the need to build international consensus on a global AI governance framework.
- Markets see China as trying to expand its influence in the AI ecosystem by emphasizing open-source AI and global governance discussions.
Forecast Trend Report by Period
Chinese President Xi Jinping said the world has entered an unprecedented period of artificial intelligence innovation and urged stronger cooperation on open-source AI.
BlockBeats, a crypto-focused media outlet, reported on July 17 that Xi made the remarks at the World Artificial Intelligence Conference the same day. He said AI is becoming a new engine for global economic growth.
Xi said the world should seize the historic opportunity created by AI development and encourage open-source AI development. He also called for international consensus on a global AI governance framework.
He added that AI development should not be driven by any single country. International cooperation should be strengthened so the technology can be used more openly and broadly, he said.
The remarks come as competition between the US and China for leadership in AI intensifies. Markets see China as trying to expand its influence in the AI ecosystem by emphasizing open-source AI and global governance discussions.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.