Xiaopeng Li’s Post

China is shifting its approach to regulating the generative artificial intelligence (AI) sector, moving from stringent controls to supportive measures. This change is vital for Chinese tech firms venturing into AI, an area where China aims to be a global leader. Read More: https://lnkd.in/gtny2aHZ

China's generative AI rules come into effect on 15 August. The rules, targeting platform providers, cover: 1. requirements for a security assessment to be submitted to authorities (before product launch); 2. registration of services with the government; 3. application to offshore providers, if targeting Chinese residents; 4. provisions for fines for non-compliance; and 5. 3-month rectification period regarding problematic content. There is mixed commentary on the impact of the regulations (and China's preparations for a dedicated AI law), with speculation over an expansion slow down, redundancies, the lack of chatbots available to the general public in China (with the likes of the Baidu's Ernie Bot and SenseTime's (0200.HK) SenseChat, still in beta testing and only open to selected users) and the recent fines imposed on Ant Group and Tencent. This week, White House officials said that regulation won’t give China an advantage over the US in the AI arms race: "It’s like having brakes on a car". #AI #artificialintelligence

Perhaps for the wrong reasons, yet the right move, while staying ahead of the curve. Innovation and leadership in policy making will certainly give you the edge. #generativeai #regulatorycompliance #dataprotection

Since the release of ChatGPT 6 months ago, AI technology has witnessed a surge in both, innovations and practical applications. That said, having spent some time studying this space, we find that that these advancements come with their own set of second order effects/implications - touching upon areas such as data privacy, security, precision control and governance - which present opportunities for founders and innovators to capitalize on. Our latest note outlines our detailed thoughts on this. If you're a founder or investor building/investing in this space - would love to chat! January Capital Benjamin Dunphy Armaan Kapoor