Abstract
Artificial intelligence (AI) is impacting industries ranging from IT to financial services, healthcare, education, surveillance and regulation. Between 2012 and 2016 the US invested $18.2 billion into AI compared with $2.6 billion in China. This chapter presents an analysis of AI in China and the West. China, the United Kingdom (UK) and the European Union (EU) have adopted a government‐led approach to AI. The United States’ (US) AI strategy has been dominated (and self‐regulated) by big tech companies. Singapore's AI structure emphasizes a more “human‐centric” approach that includes explainability, transparency and fairness to establish public trust in AI. China outpaces the US in terms of both deep learning and AI‐related patent publications, and the gap is closing for machine learning‐related patent publications. The US companies focus on machine learning, speech recognition and speech synthesis, whereas the Chinese ones focus on AI searching and facial recognition.