China Missed the Industrial Revolution, But It Won’t Miss the Digital One

... average income. The population’s living standards have grown, reducing the country’s main competitive advantage - cheap labour - to naught. As a result, the only solution is to compete with developed economies and with their qualified personnel and innovations. To do so, the country needs a technological breakthrough. Artificial intelligence could play just such a part. The Chinese authorities hope artificial intelligence will help transform their economic growth model and expand geopolitical influence, as well as modernize the army and strengthen the country's defence ...