China Unveils Plans to Establish a Fully AI-Powered Economy by 2035
As the western world braces for the "pop" of an enormous AI spending bubble, it seems China is going all-in on the AI hype. Yesterday, the Chinese State Council — the government body responsible for carrying out Chinese Government policy, sort of like the executive branch of the US — released its ten-year plan for AI development. By 2035, it declares, AI will become a "key growth engine for the country's economic development," enabling the People's Republic to "fully enter a new stage of devel