From: The Market Mogul
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Standardisation
Within this, standardising data sharing will increase operability between systems, allowing multiple AI to use similar data for very different purposes without having to restructure one’s own operations, from advertisers to driverless cars, understanding travel data of consumers can provide an edge. China is, as McKinsey highlight in their Artificial Intelligence: Implications for China report (April 2017), uniquely positioned in this regard, given the nation’s unrivalled ability to create data thanks to its 700m+ smartphone users.
To create a standardisation movement, the government can open more datasets to the public as well as ensuring that companies store data in certain formats or use specific procedures for storing data. Naturally, if the standardisation moves from storage procedures, then international companies will also be required to follow the regulation, allowing for even more standardised data. Whether or not this is desired is another question. A strong data infrastructure and ecosystem will also contribute to talent acquisition.
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