AI Competition Is the New Space Race

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So far, the U.S., Europe and China all have their strengths. Data in the Artificial Intelligence Index report show the U.S. as the runaway leader in patents; along with China, it leads in the number of papers submitted to and accepted by major AI conferences. But it is in Europe where the greatest number of AI papers (28 percent of the total, compared with 25 percent for China and 17 percent for the U.S.) are published. A report published by the European Commission’s Joint Research Center this month says that the European Union is home to a quarter of the approximately 35,000 entities working in artificial intelligence today, compared with 28 percent for the U.S. and 23 percent for China.

According to McKinsey & Co., Europe also matches competitors when it comes to AI adoption in business, especially in process automation.

https://www.bloombergquint.com/opinion/artificial-intelligence-is-new-space-race-for-eu-u-s-and-china#gs.FO4dySM