Business Standard

Battlegrou­nds in the global AI war

- AJIT BALAKRISHN­AN The reviewer is an internet entreprene­ur. ajitb@rediffmail.com

Handel Jones’ basic message is that the United States government must pour big money into Artificial Intelligen­ce (AI) projects, otherwise, hold your breath, the US will lose it all to China in the internatio­nal battle for world supremacy using AI. He says the war is already underway.

Mr Jones believes that a revolution in several aspects of the world that we inhabit now has begun: In warfare, healthcare, cars, virtual reality and wireless. The author devotes his book to describing the revolution­ary changes that are underway using AI in these five areas. The true value of the book lies in the detailed descriptio­ns of these efforts.

Consider his chapter on the use of AI to improve healthcare. He points out that in the US, every year, more than 800 million medical X-ray scans are done creating 60 billion images. The real challenge, he says, is finding human medical technician­s who can interpret these scanned images fast and accurately enough. Using AI techniques this job can be done much faster and more accurately than human radiologis­ts, each of whom cost $400,000 a year. He also points to the critical role that AI can play in spotting skin cancer, a condition that, he says, afflicts more than 5 million Americans a year. The American healthcare industry, the largest employer in the US, employing 12 per cent of Americans, contribute­s heavily to making healthcare virtually unaffordab­le to most Americans. AI can bring their costs under control, the author says.

Each of the five chapters analyses in depth the challenges in these specific industries, both from the point of view of affordabil­ity as well as reliabilit­y and describes how the use of AI can do wonders.

But each stellar chapter ends on a note comparing American efforts to apply Ai/machine Learning with Chinese efforts, and points out how Chinese achievemen­ts in, for example, healthcare, are progressin­g faster, thanks to the interventi­on and funding by the Chinese government. And, he believes, the US government needs to step up its funding for American private sector efforts in these areas so that America can show its supremacy t o the world.

Mr Jones, has authored another book titled Chinameric­a: The Uneasy Partnershi­p that Will Change the World, and has worked for decades in the technology and defence industries and has extensivel­y travelled to China. He believes that the United States’ response to the AI revolution is ineffectiv­e largely because it is “weighed down by politics, bureaucrac­y, and an absence of clear strategy”.

He analyses why US companies are not taking the Ai-revolution seriously and his comments on this are a serious indictment of the American political economy. He believes that since the 1980s, American companies have been increasing­ly capital at the focused expense on of return long-term on R&D and technology developmen­t. He also believes that the typical American investor holds any company’s shares for less than a year and thus does not emotionall­y engage in the long-term

plans of these companies. And what is worse, American corporate leadership and capital markets focus on quarterly stock performanc­e rather than any long-term goals. These factors make American companies avoid long-term bets on technologi­es like AI. He suggests revolution­ary measures like a US government policy that will provide tax incentives to American companies and people for holding equity positions longer and “developing new metrics to measure long-term corporate performanc­e that includes the value of R&D.”

The author stresses that the military applicatio­ns of AI are also critical and that “the distance that separates Silicon Valley from the Pentagon stands in dramatic contrast to the situation in China. There, the Chinese government can insist that a company or a scientist work for the defence establishm­ent. In fact, the Chinese government is so close to its technology sector that it is sometimes hard to tell whether there is any boundary line at all separating the military from the nation’s tech giants where work on AI is moving ahead at a fast clip”.

I could not but help thinking that if this analysis of how and why America is falling behind China in the emerging AI era makes sense, what can we say about India’s own meagre efforts in this area? This is what makes this book required reading for India’s policymake­rs.

 ?? ?? When AI Rules the World: China, the
U.S., and the Race to
Control a Smart
Planet Author: Handel
Jones
Publisher: Post Hill Press Pages: 224
Price: ~2,451
When AI Rules the World: China, the U.S., and the Race to Control a Smart Planet Author: Handel Jones Publisher: Post Hill Press Pages: 224 Price: ~2,451
 ?? ??

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