Providing key insights for building a successful AI ecosystem
The KAIST Innovation Strategy and Policy Institute (ISPI) has launched a report on the global innovation landscape of artificial intelligence in collaboration with Clarivate Plc. The report shows that AI has become a key technology and that cross-industry learning is an important AI innovation. It also stresses that the quality of innovation, not volume, is a critical success factor in technological competitiveness.
Key findings of the report include:
• Neural networks and machine learning have been unrivaled in terms of scale and growth (more than 46%), and most other AI technologies show a growth rate of more than 20%.
• Although Mainland China has shown the highest growth rate in terms of AI inventions, the influence of Chinese AI is relatively low. In contrast, the United States holds a leading position in AI-related inventions in terms of both quantity and influence.
• The U.S. and Canada have built an industry-oriented AI technology development ecosystem through organic cooperation with both academia and the Government. Mainland China and South Korea, by contrast, have a government-driven AI technology development ecosystem with relatively low qualitative outputs from the sector.
• The U.S., the U.K., and Canada have a relatively high proportion of inventions in robotics and autonomous control, whereas in Mainland China and South Korea, machine learning and neural networks are making progress. Each country/region produces high-quality inventions in their predominant AI fields, while the U.S. has produced high-impact inventions in almost all AI fields.
“The driving forces in building a sustainable AI innovation ecosystem are important national strategies. A country’s future AI capabilities will be determined by how quickly and robustly it develops its own AI ecosystem and how well it transforms the existing industry with AI technologies. Countries that build a successful AI ecosystem have the potential to accelerate growth while absorbing the AI capabilities of other countries. AI talents are already moving to countries with excellent AI ecosystems,” said Director of the ISPI Wonjoon Kim.
“AI, together with other high-tech IT technologies including big data and the Internet of Things are accelerating the digital transformation by leading an intelligent hyper-connected society and enabling the convergence of technology and business. With the rapid growth of AI innovation, AI applications are also expanding in various ways across industries and in our lives,” added Justin Kim, Special Advisor at the ISPI and a co-author of the report.
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