China's vice-premier says chaotic competition on AI could bring 'grey rhino'

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China's Vice-Premier Ding Xuexiang highlighted the potential risks of artificial intelligence during his address at the World Economic Forum in Davos. He emphasized that without careful management, AI could lead to significant unforeseen consequences, likening it to a Pandora's box. Ding's remarks come amid heightened competition with the US, particularly following Donald Trump's return to the White House, which adds uncertainty to US-China relations.

Ding stressed the importance of responsible global governance in AI development, warning that chaotic competition could result in a 'grey rhino' scenario, a clear and looming risk. He also pointed out China's commitment to improving its economic environment for both domestic and foreign businesses, advocating for collaboration in science and technology. The Vice-Premier's comments reflect China's broader strategy to position itself as a leader in shaping the global order while addressing the challenges posed by international trade dynamics.

• Ding warns AI development poses major risks if unmanaged.

• Responsible global governance is essential to mitigate AI competition risks.

Key AI Terms Mentioned in this Article

Artificial Intelligence (AI)

AI refers to the simulation of human intelligence in machines, which can lead to significant risks if not managed properly.

Global Governance

Global governance involves international cooperation to manage shared challenges, particularly in AI development.

Trade Surplus

A trade surplus occurs when a country's exports exceed its imports, which China aims to balance.

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