China’s AI Expansion Could Shift the Fintech Balance of Power
Wei-Shen thinks about how the battle for supremacy in AI will evolve in the near future, and what the implications of China’s advances in the field might mean for Wall Street technology.
When we think of financial technology in the wholesale capital markets, the names that immediately jump to mind are Western companies: Bloomberg or Refinitiv; Ion or SS&C; FactSet or S&P; Amazon or Microsoft; Google or IBM. But what would happen if the race for AI supremacy puts China ahead of Western nations?
Even if you haven’t heard his name before, Kai-Fu Lee is one of the world’s foremost experts when it comes to artificial intelligence. Lee has held senior roles at Microsoft and Google
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