Re: FirstRateCrowd's EIRA

Posted: Sat Jun 29, 2019 2:27 pm, #27
by Jessica
I have been reading Doctor A's past posts and wholeheartedly agree with him how a viable democracy is necessary for the successful implementation of the Economic Inequality Rating App (EIRA). I also understand his intention is to maintain this discussion somewhat within a domestic USA reach. But I also think it is fair to point out how foreign influences will eventually play a role in hindering the implementation of the project. Non-democratic countries, authoritarian regimes, and rogue states all will have a stake from keeping this project from coming to fruition. The 2016 elections were definitely hacked and manipulated by the Russians according to Robert Mueller's report. But there are more bad actors out there and I think China, with their antidemocratic ways, needs to be closely watched due to their rising status in the AI world.

China Is Quickly Becoming an AI Superpower
By Peter H. Diamandis, MD -Aug 29, 2018 ... uperpower/

Last year, China’s government put out its plan to lead the world in AI by 2030.

As Eric Schmidt has explained, “It’s pretty simple. By 2020, they will have caught up. By 2025, they will be better than us. By 2030, they will dominate the industries of AI.”

And the figures don’t lie.

With a $14 trillion GDP, China is predicted to account for over 35 percent of global economic growth from 2017 to 2019—nearly double the US GDP’s predicted 18 percent.

And AI is responsible for a big chunk of that.
As discussed by Kai-Fu Lee in his soon-to-be-released book AI Superpowers, four main drivers are tipping the balance in China’s favor:

Abundant data
Hungry entrepreneurs empowered by new tools
Growing AI expertise
Mass government funding and support
1. Abundant Data

Perhaps China’s biggest advantage is the sheer quantity of its data. Tencent’s WeChat platform alone has over one billion monthly active users. That’s more than the entire population of Europe. Take mobile payments spending: China outstrips the US by a ratio of 50 to 1.Chinese e-commerce purchases are almost double US totals.

But China’s data advantage involves more than just quantity. As China witnesses an explosion of O2O (online-to-offline) startups, their data is creating a new intelligence layer unparalleled in the West.

Whereas American users’ payment and transportation data are fragmented across various platforms, Chinese AI giants like Tencent have created unified online ecosystems that concentrate all your data in one place.
2. Hungry Entrepreneurs

While China’s ‘copycat’ era saw a massive wave of mediocre-quality products and unoriginal mimicry, it also forged some of the most competitive, rapidly iterating entrepreneurs in the world.

Refined by fire, Chinese tech entrepreneurs have stopped at nothing to beat the competition, pulling every trick and tactic to smear, outpace and outsmart parallel startups.

Former founder-director of Google Brain Andrew Ng noted the hunger raving among Chinese entrepreneurs: “The velocity of work is much faster in China than in most of Silicon Valley. When you spot a business opportunity in China, the window of time you have to respond is very short.”
3. AI Expertise

It is important to note that China is still new to the game. When deep learning got its big break in 2012—when a neural network decimated the competition in an international computer vision contest—China had barely woken up to the AI revolution.

But in a few short years, China’s AI community has caught up fast. While the world’s most elite AI researchers still largely cluster in the US, favoring companies like Google, Chinese tech giants are quickly closing the gap.

Already in academia, Chinese AI researchers stand shoulder-to-shoulder with their American contemporaries. At AAAI’s 2017 conference, an equal number of accepted papers came from US- and China-based researchers.
4. China’s Government Directive

The day DeepMind’s AlphaGo beat top-ranking Chinese Go player Ke Jie has gone down in history as China’s “Sputnik Moment.”

Within two months of the AI’s victory, China’s government issued its plan to make China the global center of AI innovation, aiming for a 1 trillion RMB (about $150 billion USD) AI industry by 2030.

But there is a critical difference between China’s New Generation AI Development Plan (released in July 2017) and America’s 2016 AI strategic plan, released under the Obama Administration to encourage ramped-up AI R&D.

While the White House report got modest news coverage and a mildly enthusiastic response from the AI community, this was barely a hiccup in comparison to China’s clarion call. When the CCP speaks, everyone listens.

Within a year, Chinese VC investors were pouring record sums into AI startups, surpassing the US to make up 48 percent of AI venture funding globally. Over the past decade, Chinese government spending on STEM research has grown by double digits year on year.

And China’s political system is set up such that local officials are incentivized to outcompete others for leadership in CCP initiatives, each striving to lure in AI companies and entrepreneurs with generous subsidies and advantageous policies.
Perhaps not initially, but sooner or later, China and other countries will come to loggerheads with the EIRA. They will see it as an existential threat to their power structure, core missions, and their planned way of life. We will always need to be on the lookout for their influence just as we are now doing with the Russians interfering with our democratic elections.