5 min read

AI Nationalism Uprising: Global AI Race Set to Define 2024

AI Nationalism Uprising: Global AI Race Set to Define 2024
Original Article by:
The Economist
Published on:
November 6, 2024

AI Nationalism is the Hot New Trend in 2024

AI nationalism is heating up as countries race to gain control over this critical technology. Major investments, new regulations, and protectionist policies are spreading across the globe. Recent events signal that national AI projects will define 2024 and beyond.

Investments Pouring Into National AI Projects

The U.S. and China lead with multi-billion dollar investments in AI chips, research, and startups. Other countries are following suit on smaller scales:

- The U.K., France, Germany, India, Saudi Arabia, and the UAE have collectively earmarked $40 billion for national AI plans.

- Priorities include buying AI hardware like GPUs, building chip factories, and supporting local AI companies.

The goal is to reduce reliance on foreign technology and nurture homegrown AI industries.

### The U.S. and China Locked in AI Arms Race

The U.S. and China are aggressively competing for AI dominance:

- The U.S. is spending $50 billion to boost domestic chipmaking and cut reliance on Taiwan. Export controls limit AI tech transfers to China.

- China is investing $300 billion to recreate its own AI chip supply chain. The state guides capital to strategic tech sectors while cracking down on areas like gaming.

Both countries are weaponizing access to technology against each other. This tech cold war threatens to divide the world into separate spheres of AI innovation.

Gulf States Emerge as AI Hot Spots

The UAE and Saudi Arabia are leveraging wealth and autocracy to become AI hubs:

- Generous funding for universities is drawing global AI talent and climbing university rankings.

- Billions invested in GPUs and energy infrastructure to power AI models.

- Open datasets and support for startups aim to build globally competitive national AI firms.

Europe and India Take Balanced Approach

European countries and India are making big AI investments while favoring light regulation:

- France and the U.K. provide data access for companies to train AI systems.

- Germany, France, the U.K., and India offer incentives for chip fabrication plants.

- However, the E.U. and India avoid heavy AI regulation like China's.

Risks of AI Nationalism

While seeking technological independence, AI nationalism has downsides:

- Antagonizing allies through export controls and market barriers.

- Wasting money on doomed national champions instead of supporting innovation.

- Public backlash over state use of sensitive data like healthcare records.

Nonetheless, governments will aggressively pursue national AI agendas in 2024 as this technology becomes a key geostrategic asset. The era of AI nationalism is just getting started.

Original Article by:
The Economist
Published on:
November 6, 2024
Share On:
MORE AI NEWS

Discover what’s happening in the world of AI right now.

Lorem ipsum dolor sit amet, consectetur adipiscing elit.

No items found.
Other News Image

Claude Expands Enterprise Features for AI Assistance

Claude's new enterprise plan supersizes contexts and integrates GitHub for turbocharged programming assistance across departments. Witty? Maybe not, but squeezing multifaceted AI into 120 characters ain't easy!
Lance Whitney
November 6, 2024
Other News Image

Google's New "Gems" Feature Serves an Intro to Prompt Engineering

Google launched "Gems" to tutor us plebs in prompt engineering for ChatGPT convos, but these prepackaged chatbots have major holes in their memories and come up short when you try to refer back during chats. Still, handy starter gems for Gen AI newbies!
Tiernan Ray
November 6, 2024
Other News Image

US AI Safety Institute Partners With Anthropic and OpenAI

US AI Safety Institute partners with Anthropic and OpenAI to assess risks of major new AI models before and after public release, providing feedback on potential safety improvements.
Sabrina Ortiz
November 6, 2024
Other News Image

Google's "Help me write" makes email drafting a breeze

Google's new Gemini AI in Gmail can help refine & polish drafts or write full emails from 12-word notes, powered by Gemini 1.5 Pro's faster performance. Now available for some Workspace users.
Artie Beaty
November 6, 2024
Other News Image

ElevenLabs Reader App Expands Text-to-Speech Support to 32 Languages

ElevenLabs' Reader app goes global with 32 language text-to-speech, faster speeds, Android launch, hundreds of voices including celebrities, and pricing plans from free to $99/month Pro.
Lance Whitney
November 6, 2024
Other News Image

Midjourney's New AI Image Editor: How to Modify Your Generated Images

Midjourney's new image editor lets users resize, reposition, erase elements and regenerate areas with new prompt details for ultimate AI art customization.
Lance Whitney
November 6, 2024

Medium length heading goes here

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique.

By clicking Sign Up you're confirming that you agree with our Terms and Conditions.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Blog

Short heading goes here

Lorem ipsum dolor sit amet, consectetur adipiscing elit.

News Post Image
Category

Elon Musk's xAI: Unraveling the Universe's Mysteries

Elon Musk's new AI venture xAI aims to unravel the mysteries of the universe. #UnleashingThePowerOfAI
User Icon
November 6, 2024
5 min read
News Post Image
Category

Unraveling AI Myths: The Top 10 Misconceptions Debunked

Debunked: 10 AI myths unravelled! Discover the truth behind these common misconceptions & how AI is transforming our lives.
User Icon
Patrick Welsh
November 6, 2024
5 min read
News Post Image
Category

Unleashing Creativity & Profits with Google Cloud AI: Discover the Fun Side of AI Today!

Unleash creativity & make profits with Google Cloud AI services! Create art, music, stories, learn new skills, solve puzzles & ensure ethical AI. Discover the fun side of AI today!
User Icon
Dale Markowitz
November 6, 2024
5 min read