New Report Shows that 80% of the Companies in China Have Adopted Generative AI in their Businesses

According to a North Carolina based software company, SAS, more than 80% of the firms in China have started using generative AI. It is a proof that China is the country with the most firms using generative AI as compared to other countries. If we compare other countries to China’s usage of generative AI, only 54% of the companies in the globe use AI, while 65% of companies use AI in the USA.

The report by SAS says that China is not only incorporating AI in the work, but is also taking measures to make AI safe for all systems and processes. China has the most genAI patents with 38,000 GenAI patents registered in the past few years, as compared to the USA which has only 6,300 patents right now.

The report also mentions that many of the companies are using generative AI in China, the companies which have fully implemented AI into their systems are from the USA. China’s companies are also short on AI chips because the USA has stopped the export of the latest AI chips to China. 70% of the Asia-Pacific businesses are all prepared for any AI regulations, while 59% in North America and 52% in Northern Europe are prepared for it.

Despite all this, many of the businesses in the world are just rushing into implementing AI systems but no one is taking any safety measures for it. This could result in poor quality and compliance in work. Health care and public sector professionals say that they are least prepared for implementation of generative AI and its regulatory requirements but 70% of the retail businesses say that they are all prepared for it.

Read next: New Poll Suggests Most US Voters Want Safe AI Rather Than Competition with China
by Arooj Ahmed via Digital Information World