China is ahead of US in development of artificial intelligence: expert believes

Almaty. January 9. Silkroadnews - China is ahead of the US in the development of artificial intelligence (A.I.), Daniel Tu, president and chief product and platform officer at Gen.Life, said, CNBC reported.
“The two largest economies in the world are at the forefront of artificial intelligence development, but the jury is still out on which country is leading the race, according to a start-up with a presence in both the United States and China. “I think it’s still early days. China probably leads on the retail end and consumer front, whereas the U.S. probably leads on autonomous driving for now,” Daniel Tu said,” te report reads.
However, from the point of view of the state support, China seems to have an advantage, Tu believes.
In July 2017 the State Council of China set a goal to invest $150 billion into the A.I. development in the next few years and turn the country into an innovation center for A.I. by 2030.
In the U.S., academics, including the president of the Massachusetts Institute of Technology, L. Rafael Reif, called for the government, companies and society to make joint efforts to ensure the U.S. taking the lead in the A.I. field.
“There’s a sense of urgency within the leading academic institutions in the United States about a lack of central, coherent policy by the central government, whereas in China, if you look at the recent State Council White Paper on A.I., it’s clear China has a clear vision on how they would like to see this go,” Tu said.
Gen.Life is a start-up that uses artificial intelligence is to measure risks, improve pricing and ensure distribution of insurance products and is supported by major insurance companies, such as AIA and American Family Insurance.