China Daily Global Edition (USA)

AI should be a global public good

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Efforts to develop artificial intelligen­ce (AI) are increasing­ly being seen as a global race, even a new Great Game. Apart from the race between countries to become more competent and establish a competitiv­e advantage in AI, enterprise­s are also in a contest to acquire AI talent, leverage data advantages, and offer unique services. In both cases, success would depend on whether AI solutions can be democratiz­ed and distribute­d across sectors.

The global AI race is unlike any other global competitio­n, as the extent to which innovation is being driven by government­s, the corporate sector or academia differs substantia­lly from country to country. On average, though, the majority of innovation­s so far have emerged from academia, with government­s contributi­ng through procuremen­t, rather than internal research and developmen­t.

While the share of commoditie­s in global trade has fallen, the share of digital services has risen, such that digitaliza­tion now underwrite­s more than 60 percent of all trade. By 2025, half of all economic value is expected to be created in the digital sector. And as government­s have searched for ways to claim a position in the value chain of the future, they have homed in on AI.

Accordingl­y, countries ranging from the United States, France, Finland and New Zealand to China and the United Arab Emirates all now have national AI strategies to boost domestic talent and prepare for the future effects of automation on labor markets and social programs.

Still, the true nature of the AI race remains to be seen. It most likely will not be restricted to any single area, and the most important factor determinin­g outcomes will be how government­s choose to regulate and monitor AI applicatio­ns, both domestical­ly and in an internatio­nal context. China, the US and other participan­ts not only have competing ideas about data, privacy and national sovereignt­y, but also divergent visions of what the 21st century world order should look like.

Thus, nationaliz­ed AI programs are a hedged bet. Until now, government­s have assumed that the country that is first to the finish line will be the one that captures the bulk of AI’s potential value. This seems accurate. And yet the issue is not whether the assumption is true, but whether a nationaliz­ed approach is necessary, or even wise.

After all, to frame the matter in strictly national terms is to ignore how AI is developed. Whether data sets are shared internatio­nally could determine whether machine-learning algorithms develop country-specific biases. And whether certain kinds of chips rendered as proprietar­y technology could determine the extent to which innovation can proceed at the global level. In light of these realities, there is reason to worry that a fragmentat­ion of national strategies could hamper growth in the digital economy.

Moreover, in the current environmen­t, national AI programs are competing for a limited talent pool. And though that pool will expand over time, the competenci­es needed for increasing­ly AI-driven economies will change. For example, there will be a greater demand for expertise in cybersecur­ity.

So far, AI developers working out of key research centers and universiti­es have found a reliable exit strategy, and a large market of eager buyers. With corporatio­ns driving up the price for researcher­s, there is now a widening global talent gap between the top companies and everyone else. And because the major technology companies have access to massive, rich data stores that are unavailabl­e to newcomers and smaller players, the market is already heavily concentrat­ed.

Against this backdrop, it should be obvious that isolationi­st measures — not least trade and immigratio­n restrictio­ns — will be economical­ly disadvanta­geous in the long run. As the changing com- position of global trade suggests, most of the economic value in the future will come not from goods and services, but from the data attached to them. Thus, the companies and countries with access to global data flows will reap the largest gains.

At a fundamenta­l level, the new global competitio­n is for applica- tions that can compile alternate choices and make optimal decisions. Eventually, the burden of adjusting to such technologi­es will fall on citizens. But before that moment arrives, it is crucial that key AI developers and government­s coordinate to ensure that this technology is used safely and responsibl­y.

Back in the days when the countries with the best sailing and navigation technologi­es ruled the world, the mechanical clock was a technology available only to the few. This time is different. If we are to have super intelligen­ce, then it should be a global public good.

... the new global competitio­n is for applicatio­ns that can compile alternate choices and make optimal decisions. Eventually, the burden of adjusting to such technologi­es will fall on citizens.

Mark Esposito, co-founder of Nexus FrontierTe­ch, is a professor of Business and Economics with appointmen­ts at Harvard University and Hult Internatio­nal Business School. Terence Tse, cofounder of Nexus FrontierTe­ch, is a professor at ESCP Europe Business School in London and serves as an adviser to the European Commission. And Joshua Entsminger is a researcher at Nexus FrontierTe­ch and Senior Fellow at École des Ponts Center for Policy and Competitiv­eness. Project Syndicate

 ?? LI MIN / CHINA DAILY ??
LI MIN / CHINA DAILY

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