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China Tightens AI Oversight, Warns Against Tech Investment Bubbles

China Tightens AI Oversight, Warns Against Tech Investment Bubbles
China tightens AI oversight, warns against tech investment bubbles and reckless expansion - Telegraph India · telegraphindia.com

China has issued new rules for how it wants technology industries to grow.

It wants companies and researchers to make progress in artificial intelligence.

The country also wants AI to be monitored so it stays safe and reliable.

China plans to use AI in older industries and in products such as cars, phones and robots.

At the same time, officials are warning against investing too much money too quickly in new industries.

They say technology growth should support the real economy, not create bubbles.

Officials could be held responsible if careless investment causes major losses.

The rules also call for safe and orderly growth in businesses involving drones and air taxis.

Key facts

Issuing bodies
The ruling Communist Party and the cabinet
AI safeguards
Technology monitoring, risk-warning and emergency-response systems
AI development priorities
Breakthroughs in theory and core technologies, plus stronger computing power, algorithms and data
AI applications
Traditional industries, connected new-energy vehicles, AI-enabled phones and computers, and humanoid robots
Investment warning
Avoid blind investment, bubbles, industrial hollowing-out and excessive expansion
Official accountability
Officials responsible for major losses caused by blind investment may be held accountable
Additional sector
The low-altitude economy, including civilian drones, air taxis, small aircraft and related services

Quotes

Policy guidelines

Guidelines issued by China’s ruling Communist Party and cabinet, quoted by Xinhua.

“Developing new productive forces is an inherent requirement and an important focus for promoting high-quality development.”
telegraphindia.com
“China will strictly prohibit the illegal or improper abuse of policies in the name of developing new productive forces.”
telegraphindia.com

Sources

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