Thursday , April 25 2024
Home / Mike Norman Economics / Global Times — With many Chinese talents returning home, China gets set to overtake the U.S. in technology breakthroughs

Global Times — With many Chinese talents returning home, China gets set to overtake the U.S. in technology breakthroughs

Summary:
A recent report by Goldman Sachs indicated that China has the resources and ambitious, high-level government plans to support artificial intelligence (AI) development and machine learning over the next few years. In the report, the investment bank identified four key factors for the growth of the AI industry - talent, data, infrastructure and computing power. By now, China already has the first three factors needed to fully embrace AI. Some talents who studied and worked overseas shared their stories with the Global Times to explain why they came back to China.... Ecns.cnWith many Chinese talents returning home, China gets set to overtake the U.S. in technology breakthroughs Global Times

Topics:
Mike Norman considers the following as important: , , ,

This could be interesting, too:

Michael Hudson writes China: Local Flowers Bloom

tom writes Europe’s foreign policy has been hacked and the consequences are dire

tom writes The corruption of US foreign policy & weaponization of antisemitism

Michael Hudson writes Understanding America’s Post-Industrial Economy

A recent report by Goldman Sachs indicated that China has the resources and ambitious, high-level government plans to support artificial intelligence (AI) development and machine learning over the next few years. In the report, the investment bank identified four key factors for the growth of the AI industry - talent, data, infrastructure and computing power. By now, China already has the first three factors needed to fully embrace AI. Some talents who studied and worked overseas shared their stories with the Global Times to explain why they came back to China....
Ecns.cn
With many Chinese talents returning home, China gets set to overtake the U.S. in technology breakthroughs
Global Times

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *