China Leads Global GenAI Patents: U.N. Data
China has become a world leader in creative AI technology by filing patents much faster than any other country. New information from the UN shows that China has filed six times as many patents as the US, its main rival in this field.
What is Generative AI?
Generative AI is a term for advanced algorithms that can learn from current datasets and make new text, images, music, and computer code. The World Intellectual Property Organization (WIPO) says that over 50,000 patent applications have been made in the last ten years for this technology. Christopher Harrison, who is in charge of patent analytics at WIPO, talked about how fast this field is growing and how it could grow even more.
Domination by China in Patent Filings
WIPO says that between 2014 and 2023, China filed more than 38,000 Generative AI patents, much more than the 6,276 filings from the US. Chinese users cover a lot of different fields, such as self-driving cars, printing, and managing documents.
Global Standing and Key Contributors
After China and the US, South Korea, Japan, and India are the next countries with the most inventions filed. India is seeing the most growth in this area. Chinese companies like ByteDance and Alibaba are at the forefront of the app boom. Microsoft is also involved through its partnership with OpenAI, which made ChatGPT.
Impact and Future Prospects
Generative AI is not only making customer service better with chatbots, but it’s also about to change many other fields, like science, writing, and transportation. The possibility for scientific progress, like speeding up drug development with molecules made by AI, is especially impressive. WIPO expects a big increase in patent applications again, and they plan to use Generative AI in future data shows to show trends. This in-depth study shows that China is far ahead of the rest of the world in developing generative AI. It shows how this technology could have a big effect on many different industries and suggests that the field will continue to grow and change.
Month: Current Affairs - July, 2024
Category: Reports & Indexes Current Affairs