Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    In The Defensive Driver Success Formula I refers to Your Proactive Mindset

    Celebrating Innovation: iPhone 15 and Its Varient ,Release Date, Features, and Thrilling Rumors!

    Bianca de la Garza Husband: A Glimpse into Her Marital Harmony

    Facebook X (Twitter) Instagram
    • About
    • Cookies Policy
    • DMCA
    • Privacy Policy
    • Terms of Use
    Mindly Digital
    • Home
    • Health
    • Lifestyle
    • Updates
    • Tech
    • News
    • Business
    • Apps
    Subscribe
    Mindly Digital
    You are at:Home»Tech»The City of Shanghai Rolls Out Regulation to Promote AI Industry Development1
    Tech

    The City of Shanghai Rolls Out Regulation to Promote AI Industry Development1

    Idris ElbaBy Idris ElbaOctober 5, 2022Updated:October 14, 2022No Comments4 Mins Read4 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Shanghai Rolls Out Regulation To Promote Ai Industry Development
    Shanghai Rolls Out Regulation To Promote Ai Industry Development
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    Table of Contents

    • The City of Shanghai Rolls Out Regulation to Promote AI Industry Development
      • China’s innovation-driven development
      • UK’s digital transformation
      • UK’s SAPIENT system
      • UK’s DAIC
      • UK-China cooperation
      • UK-Turkey collaboration

    The City of Shanghai Rolls Out Regulation to Promote AI Industry Development

    In a bid to stimulate the AI industry, the city of Shanghai has rolled out a regulation focused on standardization. This regulation includes requirements on algorithm performance, data security and privacy protection, and product compatibility. It aims to support a collaborative industrial chain and healthy AI industry development. AI is one of three leading industries in Shanghai, and the city has put considerable effort into its promotion and development.

    China’s innovation-driven development

    Innovation-driven development is a central part of the Chinese development strategy. President Xi Jinping has made innovation a priority for China’s national development. Innovation can take many forms, from scientific innovation to institutional innovation. It should become a norm in state and party work and in society as a whole.

    UK’s digital transformation

    In Shanghai, a new regulation has been implemented to promote AI industry development. The regulation aims to give full play to AI industry development by providing a sound framework and effective governance. In addition, minor infractions will not be punished administratively, thereby fostering the development of AI technology and innovation.

    The regulation stresses the importance of establishing a standard for AI that ranges from algorithm performance and data security, to privacy protection, product compatibility and more. This will greatly promote the formation of a collaborative industrial chain, and to ensure the healthy and orderly development of the AI industry,” said Shi Zhiru, vice-president of Dgene Inc.

    UK’s SAPIENT system

    Shanghai has recently rolled out new regulation aimed at promoting AI industry development. The regulation includes financial support for startups, fostering entrepreneurs, focusing on certain market segments and developing the supply chain. The move reflects the Chinese government’s desire to develop a global city cluster.

    A certain degree of tolerance for such infractions is aimed at encouraging exploration of scientific frontiers and inspiring innovation, said Weng Guanxing, a lawyer at Shanghai-based law firm Wintell & Co.

    “The essence of scientific research is that it is a process of constantly making mistakes and distinguishing right from wrong. So is AI. Therefore, it is also an international convention to allow for minor errors during the research and development process,” Weng said.

    UK’s DAIC

    The Shanghai government has introduced a regulation aimed at encouraging AI industry development and overall innovation. It includes standards on algorithm performance, data security, privacy protection, and product compatibility. The city also aims to foster a collaborative industrial chain. These initiatives will promote AI industry development and ensure the development of a healthy industry.

    UK-China cooperation

    The UK has a reputation for fostering innovative technology, with a strong reputation as a centre for AI incubation. However, it is seen as a small market, and attracting large-scale investment is challenging. As a result, many young AI companies choose to move to the USA, where the market is much larger and investors are more willing to take a risk. In this way, the UK risks losing out on the opportunity to build large AI companies.

    UK-Turkey collaboration

    A recent UK-Turkey collaboration has brought together a number of AI industry players to develop AI applications for a variety of industries. This includes the healthcare industry, where AI applications could dramatically improve the diagnosis and treatment of diseases. The two nations will also partner on projects to encourage investment in research and development and create jobs.

    “This legislation, with the aim to promote (the AI industry), places emphasis on industry innovation and guidance for future development,” said Yan Rui, director of legal affairs in the Standing Committee of the Shanghai Municipal People’s Congress, at a media briefing on Thursday.

    By giving full play to effective market and top-notch governance, the regulation intends to facilitate various incentives for the high-quality development of the AI industry, Yan said.

    info news tech update
    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleMonday Night Football
    Next Article Elon Musk, Twitter and the mysterious 1 X app
    Idris Elba
    • Website

    Related Posts

    Celebrating Innovation: iPhone 15 and Its Varient ,Release Date, Features, and Thrilling Rumors!

    September 2, 2023

    Sources of Classified Technologies

    October 15, 2022

    How Many Days Are in 14 Days From Today?

    October 14, 2022

    Leave A Reply Cancel Reply

    Top Posts

    Sources of Classified Technologies

    October 15, 202222 Views

    Mental Health Culture in Japan

    October 2, 202219 Views

    Elevating Experiences Through Cultureur a Luxury Travel and Lifestyle Blog

    August 25, 202315 Views

    Do Restaurants Depot Take EBT Cards?

    September 1, 202312 Views

    Subscribe to Updates

    Get the latest creative news from MindlyDigital.

    Don't Miss
    Auto Motive September 7, 2023

    In The Defensive Driver Success Formula I refers to Your Proactive Mindset

    In today’s fast-paced world, roads play a crucial role­ in connecting communities and enabling the­…

    Celebrating Innovation: iPhone 15 and Its Varient ,Release Date, Features, and Thrilling Rumors!

    Bianca de la Garza Husband: A Glimpse into Her Marital Harmony

    Do Restaurants Depot Take EBT Cards?

    About Us

    Welcome to Mindly Digital, your go-to source for the latest news, trends, and updates from the world of technology, health, world news, sports, and more. Stay informed, stay connected, and stay ahead of the curve with Mindly Digital.

    Email Us: [email protected]

    Our Picks

    In The Defensive Driver Success Formula I refers to Your Proactive Mindset

    Celebrating Innovation: iPhone 15 and Its Varient ,Release Date, Features, and Thrilling Rumors!

    Bianca de la Garza Husband: A Glimpse into Her Marital Harmony

    Most Popular

    Chris carson injury update

    September 7, 20220 Views

    zion williamson injury update

    September 7, 20220 Views

    Trae young injury update

    September 7, 20220 Views
    © 2023 All Rights Are Reserved
    • About
    • Cookies Policy
    • DMCA
    • Terms of Use
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.