Your AI Strategy Needs to Expand Beyond the U.S. and China

"Ask a room full of executives where the next big wave of artificial intelligence (AI) is coming from, and most would answer either the United States or China."

"In the U.S., AI companies benefit from venture capital and light regulation. In China, they benefit from government investment and AI-supported government surveillance, which generates both vast amounts of data and a demand for AI solutions."

"Both countries have big tech firms with lots of data. It's reasonable to presume that both countries-and the companies that call them home-will continue to lead in important aspects of AI. But they don't have a monopoly on the future of AI."

Executives commonly expect the next major wave of AI to come from the United States or China. The United States offers venture capital and relatively light regulation that favor AI company growth. China leverages government investment and AI-driven surveillance that both produces vast data and creates demand for AI solutions. Both countries host large technology firms that control substantial datasets. It is reasonable to expect these countries and their companies to continue leading in many AI areas. Other nations and organizations retain the potential to influence and shape AI's future direction.

Read at Harvard Business Review