Reported about 12 hours ago
China has warned that it will take measures to prevent excessive competition in the rapidly growing artificial intelligence sector, aiming to foster a coordinated approach among provinces to leverage local strengths without wasting resources. The National Development and Reform Commission emphasized the need to avoid disorderly competition and highlighted cautions echoed by President Xi Jinping regarding local government investments. This strategic approach is intended to balance development and investment in AI, while minimizing risks similar to those seen in other industries, such as electric vehicles.
Source: YAHOO