DeepTech & AI Friendly Countries
Artificial intelligence (AI) is a technology that will have a significant impact on the world’s economy as it is expected to add to it more than 15 trillion USD (by 2030). According to the Oxford’s Government Artificial Intelligence Readiness Index 2019, the countries situated north of the Equator are better placed to take advantage of those gains. This means that there is a danger that those societies will be left out of the arising Fourth Industrial Revolution.
AI, as an incredibly strong economic driver, will increase efficiencies in multiple directions including the way the governments deliver their public services. There are already countries around the world experimenting with AI in their day to day operations. In these Dashboards we dive even deeper into specific countries' AI related policies and activities.
Here are some examples:
Singapore - Published its National AI Strategy (2019) that sets out 5 initial National AI projects - key sectors where AI could be deployed to improve social and economic outcomes. These include chronic disease prediction and management, intelligent freight planning, personalized education through adaptive learning & assessment, seamless & efficient municipal services, and border clearance operations.
UK & Germany - Those two countries are leading Europe in implementation of AI automatization of services and industries. The UK's focus is to create an environment where data is appropriately usable, accessible and available across the economy – fueling growth in organisations large and small. Germany on the other side strives to remain a competitive manufacturer in the face of industrial powers like the US and China. The key priority areas in its strategy are boosting R&D, and ensuring AI development is socially responsible - developing legislative and ethical framework, AI standardisation, with its strong economic focus on engineering and manufacturing.
United States - The US is currently the leader in AI research and implementation with the biggest amount of funding allocated to it. Funding for artificial intelligence companies in the United States has increased exponentially in the last decade, growing from a little under 300 million U.S. dollars in 2011 to around 16.5 billion in 2019 with worldwide funding in AI startups amounting to approximately 26.6 billion U.S. dollars in the same year.
United Arab Emirates - The Government of the UAE made innovation and the embrace of new technologies a priority in its National AI Strategy of 2017, which established a dedicated Ministry for Artificial Intelligence to oversee the strategy’s implementation.