Kai-Fu Lee, chairman of Sinovation Ventures, believes most of the wealth created by AI will go into the US and Chinese economies because of their big pool of talent and large markets. Photo: AFP
Kai-Fu Lee, chairman of Sinovation Ventures, believes most of the wealth created by AI will go into the US and Chinese economies because of their big pool of talent and large markets. Photo: AFP
Future tech
Tech /  Big Tech

China is betting big on AI - and here’s why it’s going to pay off

China’s economy may expand 26 per cent by 2030, as artificial intelligence accelerates worldwide increases in productivity, PwC said.

Meng Jing
Meng Jing

Updated: 11:02pm, 27 Jun, 2017

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Kai-Fu Lee, chairman of Sinovation Ventures, believes most of the wealth created by AI will go into the US and Chinese economies because of their big pool of talent and large markets. Photo: AFP
Kai-Fu Lee, chairman of Sinovation Ventures, believes most of the wealth created by AI will go into the US and Chinese economies because of their big pool of talent and large markets. Photo: AFP
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