Artificial Intelligence (AI) has taken a prominent place in the business landscape and the news, as more technology solutions rely on it to perform complicated tasks. But will this continue in the U.S. as China makes a push to be the global leader in AI?
An article recently published in The Hill suggests that on the heels of China’s proclamation to become world leader in AI by 2030, the U.S. government must take a more proactive approach to AI research and development, as well as the act of protecting the valuable intellectual property (IP).
Currently, many of the world’s most innovative companies in AI – Google, Apple, Facebook, etc. – are based in the U.S., but without a national strategy and the backing of the government like China, the U.S. is destined to fall behind, or at least create less AI-related jobs in the near future.
According to the article, Chinese research submissions to AI conferences, as well as AI-related patent filings are on the rise. The massive “IP land grab” afoot in the AI industry has made it even more vital for companies to patent their innovations.
TurboPatent CEO James Billmaier warned of the dire impact the Chinese patent strategy could have on American companies in his book Inventioneering:
During the late 1970s, the Japanese used advanced integrated quality techniques that yielded superior products that drove several U.S. based companies to the brink of extinction. The impacts were devastating and took decades from which to recover. Over the past 5 years, the Chinese have quietly embraced an integrated approach to patent protection that is now threatening to do what the Japanese accomplished in previous decades. And like the 70’s, the U.S. seems to be caught flat-footed once again. Company BODs and CEOs can reverse this trend by making the protection of their American made inventions a high priority…anything short of this is fiscal malfeasance.
TurboPatent makes protecting IP easier by increasing the efficiency of the patent drafting and application process. It’s Automated Invention Creation (AIC) technology produces high-quality patents more quickly, and cheaply than traditional methods, enabling companies to better protect their inventions.