The Development Model and Countermeasures of China's Next Generation AI Industry

In the new round of IT revolution, the AI industry has become a new engine driving economic growth. In such a context, major developed countries actively prepare and plan for this industry, and China also attaches great importance to next-generation AI development. At present, the China’s nextgeneration AI industry has distinctive shortcomings in the development of core chips, basic algorithms and corresponding talents. China should make full use of its enormous advantages and favorable conditions in technology and sensibly choose from a development model of business innovation, fast iteration, application layer driving base layer, and self-developed technology standards. By drawing on the experience of developed countries, China can accelerate its building and improvement of government supported mechanisms, upgrade its system of venture capital and services, enhance the advancement of basic research in chips and algorithms, and invest more in the cultivation and introduction of next-generation AI talents in a bid to quickly strengthen the core competitiveness of the China’s next-generation AI industry.