Artificial intelligence (AI) has recently been a hot topic among academics, policymakers, and business titans. There is rising concern that we could be on the verge of an artificial arms race between the US and China due to the development of sophisticated AI models like ChatGPT and the usage of AI in military weaponry. Let's investigate this matter in greater detail. AI weapons have developed into a key source of concern as the globe deals with escalating technological breakthroughs. These weapons are particularly frightening since they have the capability to unleash mass destruction without human participation.

The UK is set to ease data mining laws in a move designed to further boost its flourishing AI industry. We all know that data is vital to AI development. Tech giants are in an advantageous position due to either having existing large datasets or the ability to fund/pay for the data required. Most startups rely on mining data to get started. Europe has notoriously strict data laws.

USA and China are turning out be a landscape of the biggest markets in the present scenario. Taking a lead over the world is globally at power to grow and evolve in this new era in the economic sector. Artificial Intelligence field is a big enterprise in the present time. Among the economic giants of the world, the USA and China have taken over the journey. The navigation is still on by the early adopters and more familiar one's towards exploring the further transformation which can take in this field.

The past year has shown the power of artificial intelligence (AI) around the world. Globally, businesses and governments saw 2018 as the breakout year for AI, with venture capitalists pushing 47% more investment in 2018 into AI businesses in the UK alone. The increased use of AI had a seismic impact on consumers' daily lives in ways many do not even realise – take, for example, daily Spotify and Netflix recommendations. With many real-world applications beginning to use this technology in 2018, it may finally be the case that 2019 is the year that AI goes beyond the hype. Society's readiness to embrace these changes has allowed for advancement in this technology as the real-world benefits are finally being realised.