Shanghai Hosts World AI Conference Amid Global Tech Rivalry

  • Editor
  • July 5, 2024

Key Takeaways:

  • The WAIC theme, “Governing AI for Good and for All,” emphasizes inclusive and equitable AI development.
  • It aims to promote responsible AI governance and foster global cooperation​​​​.
  • Elon Musk participated, highlighting Tesla’s commitment to AI innovation.
  • Premier Li Qiang called for bridging the “intelligence gap” and fostering a “fair and open” AI development environment​​​​.
  • Tesla showcased its Cybertruck and Optimus bot, underlining its advancements in AI and robotics​​​.
  • Premier Li stressed the importance of international cooperation and the need for global AI regulation and technical standards​​.
  • The conference highlights ongoing tech rivalry and aims to create a platform for dialogue and cooperation amidst geopolitical tensions.

The 2024 World Artificial Intelligence Conference (WAIC) in Shanghai commenced on the 4th of July and will run till the 7th of July, featuring prominent figures and cutting-edge technological advancements.

1. Visitor schedule at the Shanghai World Expo Center

– July 4: 1:30 pm – 5 pm

– July 5: 9 am – 5 pm

– July 6: 9 am – 5 pm

2. Visitor schedule at the Shanghai World Expo Exhibition and Convention Center

– July 4: 1:30 pm – 5 pm (only for invited attendees on July 4)

– July 5: 9 am – 5 pm

– July 6: 9 am – 5 pm

– July 7: 9 am – 4 pm

This event highlights China’s ambition to bridge the gap with the United States in AI development amid ongoing geopolitical tensions. The WAIC is a premier platform to deliberate on the latest artificial intelligence (AI) breakthroughs, challenges, and opportunities.

Co-hosted by nine government ministries and agencies collaborating with the Shanghai municipal government, the conference aims to establish an open, inclusive, and equitable international platform for exchange and cooperation.

The theme, “Governing AI for Good and for All,” underscores the dual intentions of promoting responsible AI governance and facilitating comprehensive discussions on AI development, security, and governance across various sectors and stakeholders​​.

The conference opened with keynote speeches from Tesla CEO Elon Musk and Chinese Premier Li Qiang. Although it remains unclear if Musk appeared in person or via video, his participation underscores Tesla’s global reach and commitment to AI innovation.

Musk, familiar with the WAIC, has previously contributed via video messages and made an in-person appearance in 2019. Premier Li Qiang called for more inclusive AI development, emphasizing the need to bridge the “intelligence gap” that leaves many developing economies behind.

He urged nations to foster a “fair and open” environment for AI, promoting global cooperation and addressing the risks associated with rapidly advancing AI technologies​.

Tesla utilized the WAIC platform to showcase its futuristic Cybertruck and the latest version of its Optimus bot. The Cybertruck, despite facing delivery delays and recalls, remains highly anticipated and symbolizes Tesla’s innovative prowess.

The Optimus Gen 2 bot, lighter and faster than its predecessor, represents Tesla’s strides in robotics and AI​​​​. Premier Li stressed the importance of international cooperation in AI development and governance in his address.

He highlighted China’s leading role in global AI patent filings and called for open data movement, free trade of AI equipment, and interconnected infrastructure. Li emphasized the need for global AI regulation and technical standards to ensure safe and reliable AI growth.

Li’s speech aligns with recent efforts at the UN, where a China-sponsored resolution urged equal opportunities for AI benefits and a collaborative approach to AI governance.

This resolution, co-sponsored by over 140 countries, reflects a global consensus on the importance of inclusive AI development.

The conference occurs amid escalating tech rivalry between the US and China. Both nations have taken measures to protect their technological interests, with the US revoking licenses for some chip exports to China.

Despite these tensions, the WAIC serves as a platform for dialogue and cooperation, aiming to create a balanced and collaborative international AI landscape​​.

The 2024 WAIC in Shanghai underscores the critical role of AI in shaping the future of global technology, with high-profile participants like Elon Musk and Premier Li Qiang advocating for innovation and cooperation.

The conference highlights the potential of AI to drive inclusive development and address global challenges. As nations navigate the complexities of AI governance, events like WAIC are pivotal in fostering international dialogue and consensus.

Questions the AI industry will be looking to have answered by leaders.

  1. How can international cooperation in AI be balanced with national security concerns?
  2. Considering the rivalry between the US and China, what frameworks can be developed to ensure AI advancements are shared while maintaining security?
  3. What are the ethical implications of widespread AI deployment in developing countries?
  4. As AI technology spreads, how can we ensure it benefits all populations without exacerbating existing inequalities?
  5. How should global standards for AI governance be formulated and enforced?
  6. With different countries having unique technological capabilities and regulatory environments, what steps can be taken to create and implement universally accepted AI standards?

Other World AI Conference 2024 News

The 2024 World AI Conference (WAIC) in Shanghai showcases China’s ambition to bridge the AI development gap with the United States, amid geopolitical tensions.

04-07-24 – Huawei Exec: Chip Shortage No Threat to China’s AI Dreams!

02-07-24 –UN Passes China-Backed AI Resolution with Unexpected US Support!

Guide to the World AI Conference 2024: Exhibition map, transportation, and more

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Dave Andre


Digital marketing enthusiast by day, nature wanderer by dusk. Dave Andre blends two decades of AI and SaaS expertise into impactful strategies for SMEs. His weekends? Lost in books on tech trends and rejuvenating on scenic trails.

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