China Poised To Dominate The Artificial Intelligence (AI) Market

If you, or your kids, are obsessed with TikTok, you might be surprised to hear that the company behind your favorite app is a giant artificial intelligence tech conglomerate in China. Many westerners have no idea that China is actually setting a course to become a world leader in AI, and that a number of key Chinese AI companies have already become a major part of everyday life in China, the United States, and the rest of the world. China's leaders have made AI a strategic priority and are driving the Chinese tech industry to define standards and norms for global artificial intelligence practices. There are three major driving factors behind China's rise on the global AI scene: China's population of 1.4 billion consumers is the biggest domestic market in the world. There are a plethora of potential AI applications for this market, so China is fertile ground for AI companies to thrive.