China warns against 'chaotic competition' in the artificial intelligence breed

China has announced its intention to reduce excessive competition in the growing artificial intelligence sector, in a step that reflects Beijing’s attempt to avoid investment waste, despite its efforts to make this technology an important pillar of the national economy. The country’s highest economic plan explained that the government would encourage provinces to develop artificial intelligence in a coordinated and integrated way. The goal is to take advantage of the distinctive strengths of each province to improve growth without repeating efforts, according to Zhang Kylene, an official in the National Committee on Development and Reformation. “We will strive to avoid disorganized competition or a blind imitation approach,” Zhang said at a press conference on Friday, adding that the development should be based on local industrial benefits, resources and foundations. Also read: China leads the establishment of an international organization to develop artificial intelligence amid a breed with America. These statements are in line with the warnings of Chinese President Xi Jinping last month of excessive investments of local governments in the field of artificial intelligence, which emphasizes the border of policymakers to prevent the problem of surplus production capacity in other emerging sectors such as electric cars, which have contributed to deflationary pressure. Artificial intelligence is a pillar of economic growth. Beijing has identified artificial intelligence as a new engine for the growth of the second largest economy in the world, and as an important field of competition with the United States, which motivated public and private investments. At the beginning of this week, the government unveiled a work plan aimed at accelerating the rate of the development of artificial intelligence, its applications and its management. The National Development and Reform Committee provided additional details on Thursday, promised better planning at national level and improved their support for private enterprises for the rise of more innovative surprises, in a possible indication of the rapid emergence of Chinese startups such as “deeply sick”. Also read: The Chinese “Deep Sick” launches the artificial intelligence model “v3.1” with improved abilities. The company gained global fame early this year after offering a strong and effective model for artificial intelligence, which set fire to the Hamas wave in the local market for this technology. A separate analysis performed by ‘Bloomberg News’ has shown that Chinese businesses plan to install more than 115,000 artificial intelligence chips produced by ‘Invidia’ within data centers distributed in the western deserts of the country.