How Countries Are Preparing for the Global AI Race

Artificial intelligence (AI) stands to have a significant impact on the global economy as organizations use the technology to automate processes and deliver higher-quality services. Like the introduction of other major technologies, from electricity to the Internet, the mass adoption of AI has the opportunity to create new economic winners and losers in the global economy. The extent to which governments realize this and take action to support the growth of AI will play a large role in determining their economic competitiveness and quality of life for their citizens. Several countries have seized this opportunity to take an early lead in supporting AI, while many, most notably the United States, lack a major government strategy to accelerate the development and adoption of AI, risking falling behind in the global AI race.