Shanghai: 2019 World Artificial Intelligence Conference

August 29, 2019 | Artificial Intelligence, News

The Conference takes place in Shanghai.

The 2019 World Artificial Intelligence Conference kicked off this week. The event saw a lot of dealmaking, new exhibits, and a conversation between two tech heavyweights.

Here are the highlights of Day 1 from the three-day conference:

Elon Musk / Jack Ma keynote summit

During the event, Jack Ma said AI will make it possible for people to work 12-hour weeks in the future.

“The power of electricity is that we make people more time so that you can go to karaoke or dancing party in the evening. I think because of artificial intelligence, people will have more time enjoying being human beings,” Ma said.

Meanwhile, Musk said that advancements in chess and the popular Chinese game go showed the power of AI. “Your cell phone could crush the world champion of chess, literally,” Musk said.

Later, Elon Musk said he was astounded by the progress of Tesla China’s gigafactory, adding he had never seen anything go so fast in his life before. “I really think China is the future.”

Deals and More at the 2019 World Artificial Intelligence Conference

The event showcased a wealth of dealmaking in the pipeline. According to reports, more than 70 AI and 5G deals are in the pipeline between Shanghai, tech companies and institutions.

Further, Shanghai will sign a nearly $700 million deal with CloudWalk, the facial recognition company. The Pudong district government will tie up with telecom giant Huawei to build a 5G “innovation” center. IBM may collaborate with Shanghai’s Zhangjiang high-tech zone to build a research center for the IBM Watson AI project.

Didi Chuxing, the ride-hailing giant, announced it will soon have driverless cars on the roads to serve its passengers. It said it used AI technology to detect driver fatigue, reducing accidents by 15% in the first half of the year.

Meanwhile, China’s Ministry of Science and Technology has expanded the membership of its national artificial intelligence (AI) development program by adding ten more companies. These include Huawei and surveillance-technology maker Hikvision.

More details will follow as the expo progresses. Be sure to check back for more updates.

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