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China’s talent and infrastructure are strengths in AI race with US, experts say

SCMP LogoSCMP2d ago

China’s talent and infrastructure are strengths in AI race with US, experts say - SCMP

Quick Summary:

China’s innovative work force and speedy infrastructure development are key strengths, experts told a forum.

SenseTime’s Tseng said AI can help free workers from some tedious tasks, citing the virtual assistants powered by the company’s large language models that are used in Hong Kong by major banks, including the Bank of China and the Industrial and Commercial Bank of China.“Those repetitive, less-value work, we can outsource to AI, [so that] we can spare humans to do much more intelligent, creative critical decision-making,” Tseng said.“And this is how I see where AI could be truly instrumental.

He listed the healthcare, auditing and financial services sectors as examples where AI can be an important tool.

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Article Details

Author / Journalist: Kelly Le

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-04 @ 21:00:18 (2 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 453 words

Reading Time: 3 minutes read

Sentences: 11 lines

Sentence Length: 42 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21482140

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Official Website: scmp.com

Update Frequency: 6 posts per day

Year Established: 1903

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News Last Updated: 2 hours ago

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Publisher ID: #42

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