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.
“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.”