U.S., India, China, Lead in Artificial Intelligence

Malcolm Frank, head of strategy at IT firm Cognizant, headquartered in Teaneck, New Jersey, told CNNMoney that the United States,  India, and China are far ahead of anyone else in artificial intelligence.

In America, Amazon, Facebook, Google, and Tesla are investing billions of dollars to substitute for people in sectors such as agriculture, medicine, and driverless cars.

In China, Tencent and Baidu are competing with Silicon Valley to develop new uses for AI. Tech billionaire Jack Ma of Alibaba, has even said CEOs may eventually be obsolete. Unlike in the U.S., most of the push for AI in China comes from the government which has invested $150 billion, with the aim of making China the world’s “innovation center for AI” by 2030.

CNN Tech says: In India firms such as Infosys, Tata Consultancy Services and Wipro, which provide technology services to big names including Deutsche Bank, Lockheed Martin, IBM, Microsoft and the U.S. Army, are increasingly relying on automation in their operations. In addition, India’s startup scene also makes him [Frank] “very optimistic” about the future of artificial intelligence there.

Artificial Intelligence

“In India, you look at this remarkable platform that is in place now… of incredibly sophisticated skills that are focused on the needs of [global] companies,” said Frank. “I think it’s three horses in the race, and that’s probably the wrong metaphor because they are all going to win,” he said. “They are just going to win differently.”

 

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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