China Unveils Revolutionary Guidelines For AI Industry Standards
As the global race for AI development paces each day, countries across the globe gradually advance in fostering apt guidelines to oversee the usage of AI. Aligning with this, China, one of the most populous countries globally, recently issued a draft containing guidelines for standardizing the AI industry within the nation.
The country’s industry ministry appears to have issued a statement orbiting AI standardization on Wednesday, nabbing significant attention globally. Meanwhile, following the AI regulation pioneer U.S., China, mirroring the saga, has embarked on a venture to refine the usage of AI within the nation.
A Closer Look Into The Report
According to the statement issued by China’s Ministry of Industry on its website on January 17, the guidelines aim to facilitate over 50 national and industry-wide standards for utilizing AI by 2026. This statement appears to have curated a sense of frenzy across the Chinese AI landscape, attracting AI-related firms to function seamlessly within the nation.
Notably, the statement further claimed that the nation is all set to participate in empowering over 20 international standards orbiting AI by 2026, birthing additional optimism for the nation’s stance on artificial intelligence.
Moreover, the draft guidelines for AI standardization primarily aim to capitalize on the initial chances emerging in the AI industry’s evolution, as the ministry’s statement spotlighted. Meanwhile, the ministry also proclaimed that 60 percent of these prospective standards should be zeroed in towards aiding “general vital technologies and application development projects.”
Also Read: Ethereum Dencun Upgrade Unleashes ‘Proto-Danksharding’ On Goerli Testnet
China Joins The Global AI-Race
The Chinese Ministry’s statement emerged at a time when the U.S. and Europe are already pioneering the AI-regulation realm. This appears to come as China’s effort to catch up with the U.S. and Europe, with hopes to level up the nation’s stance on AI.
According to a recent report by CoinGape Media, Biden recently propelled AI standards development within the U.S. Also, as per another report, the European Union (EU) scaled new heights following a provisional deal orbiting the supervision of AI.
Also Read: Cathie Wood’s Ark Invest Sells ProShares Strategy ETF (BITO) To Buy ARKB Spot Bitcoin ETF
- Robert Kiyosaki Calls Bitcoin and Ethereum ‘Real Money,’ Urges Investors to Ditch ‘Fake’ Fiat
- ‘Sell Gold, Buy Bitcoin’: Expert Flags Major Market Bottom Signal
- Ripple Makes ‘Unusual’ $500M Transfer Amid $1 Billion XRP Treasury Plans
- ‘I’m Going Bonkers’: Dave Portnoy Says He’ll Buy XRP Again If It Dips Below This Level
- BitMine’s Tom Lee Calls Dip Golden Opportunity as Trump Sets Meeting With China on U.S. Tariffs
- Solana Price Faces Bearish Pressure — Analyst Notes Breakdown Amid Derivatives Slowdown
- Shiba Inu Price Eyes Recovery as Burn Rate Jumps 10,785% – Can SHIB Hit $0.000016?
- Ethereum (ETH) Price Prediction: Analyst Eyes $7,000 by Q4 as Bitmine Accumulates $281M ETH — Will History Repeat Itself?
- HYPE Price Teeters Amid Weak Technicals and Soaring Liquidations
- XRP Price Prediction As Ripple Announces $1B Treasury Plans – Is a Rebound Imminent?
- Bitcoin Price Prediction Amid Gold’s Parabolic Rally to Second-Largest Reserve Asset
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
