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Artificial intelligence "double oligopoly" situation has come between China and the United States
In recent years, Spanish media have highlighted a significant artificial intelligence (AI) transformation taking place in China, suggesting that the country is now capable of competing with the United States, the traditional leader in AI innovation. Experts predict that by 2030, China will emerge as the global hub for AI research and development, driven by strong government support and rapid technological advancements.
According to reports from Spain’s *National News* website, China is experiencing a real AI revolution. The nation has officially identified AI as a national priority, with ambitious goals set through its New Generation Artificial Intelligence Development Plan. This plan outlines that by 2020, China's AI technology will be on par with global leaders, and by 2030, it will dominate the world in AI innovation.
Chinese companies are already making waves in various sectors. From autonomous ships and smart traffic systems to early disease detection and AI-driven loan platforms, the applications of AI are expanding rapidly. For instance, facial recognition systems developed by companies like Face++ and Tencent are being used at Beijing Railway Station to speed up ticket checks, while also helping customs officials detect smugglers and identify suspects efficiently.
HKUST, a leading company in speech recognition technology, has achieved a remarkable 95% accuracy rate in voice recognition. It plays a key role in public safety, developing advanced monitoring systems that can detect suspicious language during phone calls. These systems help law enforcement prevent fraud and even dismantle criminal networks, saving millions in potential losses.
The Chinese government's strategic vision, combined with a massive digital economy—valued at $3.4 trillion—provides a solid foundation for AI growth. With over 751 million internet users and 1.39 billion mobile phone users, China generates vast amounts of data, often referred to as the "fuel" for AI development by industry experts like Lee Kai-fu, former president of Google China.
Financial investment in AI startups has also surged. Between 2012 and 2017, over $4.5 billion was injected into more than 200 AI-related start-ups. By 2016, China had accumulated $2.76 billion in AI financing, with projections aiming for a $150 billion industry by 2030.
Experts like Kai-Fu Lee and Te Lun Luo emphasize that China’s policy execution has been highly effective, reinforcing the belief that an AI duopoly between China and the U.S. is not just likely—it has already begun. As both nations push forward, the global AI landscape is shifting, with China emerging as a formidable player in this high-stakes race.