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  • MoneyWeek

    Best of the financial columnists

    Nov 17, 2023 3 minutes

    Why China is losing the AI race

    Nina Xiang

    Nikkei Asia

    China is not becoming the artificial intelligence (AI) superpower that many feared, says Nina Xiang. Despite China’s stated goal of being the AI leader by 2030, Chinese tech firms are “struggling to catch up” with US rivals. Why? Innovation in AI is not a “linear process”. The impact of ChatGPT has been greater than that of thousands of Chinese AI startups. Additionally, Xi’s crackdown on private tech firms hinders free expression and

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