g-f(2)1708 Decoding the Global AI Chessboard: Nations, Strategies, and the Future Landscape

 

genioux Fact post by Fernando Machuca, ChatGPT, and Bing Chatbot 

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Introduction:

The landscape of artificial intelligence (AI) is rapidly evolving, shaping the priorities of nations, influencing sectors of the economy, and raising critical questions about data use, biases, and the delicate balance between AI innovation and safeguards. In the HBR article "Charting the Emerging Geography of AI," authors Bhaskar Chakravorti, Ajay Bhalla, and Ravi Shankar Chaturvedi delve into the global race for AI leadership, highlighting key factors that determine a country's standing in this technological competition.

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genioux GK Nugget:

"The emerging geography of AI is a dynamic arena where nations vie for leadership, influencing the development of AI applications, regulations, and the ethical considerations surrounding this transformative technology." — Fernando Machuca and ChatGPT

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genioux Foundational Fact:

The U.S. and China, engaged in a "digital cold war," hold the top positions in the race for AI dominance. The landscape is further shaped by countries like the EU, Canada, India, and others, each contributing unique strengths and facing distinct challenges in the pursuit of AI leadership.

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1. The U.S. and China lead the global AI race, with the U.S. historically ahead in key drivers such as talent, investment, and innovation.
2. China, fueled by government support, aims to surpass the U.S. in AI innovation and has notable advantages like a massive population generating vast pools of data.
3. The private sector drives AI in the U.S., with intense competition and substantial venture investments fostering innovation.
4. AI development benefits from scale economies, resulting in geographical clustering as significant inputs concentrate within borders.
5. The emerging AI landscape extends beyond the U.S. and China, with countries like India, the UK, France, and Canada showing strength in various dimensions.
6. Changes in accessible pools of data will impact countries' positions on the AI leadership index, with some nations witnessing faster data pool growth.
7. India, with the largest volume of mobile data consumption, is poised for significant advances, leveraging its growing AI talent pool and fluid regulatory landscape.
8. The UK adopts a light-touch regulatory approach, fostering innovation, while the EU's regulations may slow down AI development, creating a dynamic competitive scenario.
9. Japan faces challenges with a shortage of software engineers and limited supercomputing capabilities, impacting its advances in generative AI.
10. South Korea, a leader in AI patents and research, grapples with talent shortages and reduced government support, raising concerns about its future AI standing.

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Conclusion:

As the global race for AI leadership unfolds, the authors emphasize the pivotal role of the geography of AI in determining which applications take precedence, which nations reap the most benefits, and how biases are navigated. Business and policy leaders are urged to pay close attention, recognizing that the geography of AI will define the future of this transformative technology and its societal impact.

REFERENCE

The GK Article

Bhaskar Chakravorti, Ajay Bhalla, and Ravi Shankar Chaturvedi, Charting the Emerging Geography of AI, Harvard Business Review, December 12, 2023.

Bhaskar Chakravorti

Bhaskar Chakravorti, born on November 4, 1959, is an esteemed economics scholar and consultant¹. He serves as the Dean of Global Business at The Fletcher School at Tufts University¹²³, which is America's oldest exclusively graduate school of global affairs²³. He is also the founding Executive Director of Fletcher's Institute for Business in the Global Context (IBGC)¹²³.

Chakravorti's academic journey began at Delhi's St. Stephen's College, where he pursued undergraduate education in economics¹. He then completed his master's degree at the Delhi School of Economics¹. He earned his PhD from the University of Rochester, completing his thesis "Information, incentives and rational expectations" in 1987¹.

Before joining Fletcher, Chakravorti worked as a partner consultant and corporate researcher at McKinsey & Company². He also conducted game theory research at Bellcore, the telecommunication research and development company created as part of the break-up of AT&T¹.

In the academic realm, Chakravorti has been associated with several institutions. He has served as an assistant professor at the University of Illinois at Urbana-Champaign, a speaker at Massachusetts Institute of Technology's Legatum Center for Development and Entrepreneurship, and a faculty member at Harvard Business School and Harvard University Center for the Environment¹.

At The Fletcher School, Chakravorti teaches innovation, entrepreneurship, and strategic management¹²³. In 2011, he founded the Institute for Business in the Global Context (IBGC), which hosts the school's international business education and research¹. His research interests include technology innovation and its impact on society, entrepreneurship, innovation models for sustainability and inclusion, strategies for emerging markets, game theory and asymmetric information, and implementation theory, auctions, and mechanism design².

Source: Conversation with Bing, 12/13/2023

(1) Bhaskar Chakravorti - Wikipedia. https://en.wikipedia.org/wiki/Bhaskar_Chakravorti.

(2) Bhaskar Chakravorti | The Fletcher School - Tufts University. https://fletcher.tufts.edu/people/faculty/bhaskar-chakravorti.

(3) Bhaskar Chakravorti Profile | Tufts University. https://facultyprofiles.tufts.edu/bhaskar-chakravorti.

Ajay Bhalla 

Ajay Bhalla is the President of Cyber & Intelligence (C&I) Solutions for Mastercard¹²³⁴⁵. He leads the team that develops product solutions to ensure the safety, security, and experience of Mastercard's products and solutions for consumers, merchants, partners, and governments around the world¹²³⁴⁵. 

Prior to this role, Ajay was the president of the Digital Payment Services business for Mastercard³. He serves on the company's management committee¹²³⁴⁵. His leadership and contributions have been instrumental in shaping Mastercard's strategic approach to technology and security. 

His work is centered around creating a secure digital environment for Mastercard's global network, ensuring that every transaction made with Mastercard is safe, secure, and seamless¹²³⁴⁵. His efforts have helped Mastercard maintain its position as a leader in the global payments industry.

Source: Conversation with Bing, 12/13/2023

(1) Mastercard Executive Bios | Mastercard Newsroom. https://www.mastercard.com/news/press/executive-bios/.

(2) Ajay Bhalla, Mastercard Inc: Profile and Biography. https://www.bloomberg.com/profile/person/3771904.

(3) Ajay Bhalla - President, Cyber & Intelligence Solutions at Mastercard .... https://theorg.com/org/mastercard/org-chart/ajay-bhalla.

(4) Ajay Bhalla - Agenda Contributor | World Economic Forum. https://www.weforum.org/agenda/authors/ajay-bhalla/.

(5) Ajay Bhalla | Saïd Business School - University of Oxford. https://www.sbs.ox.ac.uk/about-us/people/ajay-bhalla.

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Ravi Shankar Chaturvedi

Ravi Shankar Chaturvedi is the Director of Research, Lecturer in Global Business, and Doctoral Research Fellow for Innovation and Change at Fletcher’s Institute for Business in the Global Context (IBGC) at Tufts University¹²³⁴. He leads the Digital Planet research program and teaches International Strategy and Innovation in the Master of Global Business Administration (GBA) program¹²³⁴.

Chaturvedi is a founding member and Co-investigator of Digital Planet, an interdisciplinary research initiative dedicated to understanding the impact of digital innovation on the world¹. His research is widely cited around the world, with mentions in hundreds of mainstream media articles, citations in academic journals, and references in more than 30 global languages¹.

Prior to joining Fletcher, Chaturvedi was the head of Portfolio and Products for the Middle East and North Africa region at American Express¹. He also worked in various capacities in parts of Asia for a decade with organizations such as Standard Chartered, HSBC, and Hewlett Packard¹.

Chaturvedi holds a Master of International Business degree from Fletcher, where he was an Emerging Markets Enterprise Scholar, and an MBA from the Asian Institute of Management, Philippines, where he was on the Dean’s List¹. He has written several influential articles in business and international affairs publications¹.

Source: Conversation with Bing, 12/13/2023

(1) Ravi Shankar Chaturvedi – Institute for Business in the Global Context. https://sites.tufts.edu/ibgc/ravi-shankar-chaturvedi/.

(2) Ravi Shankar Chaturvedi - Tufts GBA. https://globalbusiness.tufts.edu/experience/leadership-faculty/ravi-shankar-chaturvedi/.

(3) IE University. https://www.ie.edu/cgc/people/?module_guests&id=5053.

(4) DIGITAL IN THE TIME OF COVID - Cision. https://mb.cision.com/Public/18690/3249182/92bee3de5acfc8fa.pdf.

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Source: Conversation with Bing, 11/27/2023

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Categorization

This genioux Fact post is classified as Bombshell Knowledge which means: The game-changer that reshapes your perspective, leaving you exclaiming, "Wow, I had no idea!"

Type: Bombshell Knowledge, Free Speech

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References

“genioux facts”: The online program on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)1708, Fernando Machuca, ChatGPT, and Bing Chatbot, December 13, 2023, Genioux.com Corporation.

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