Will AI Answer for China’s Economic Needs? Yes and No.

China’s recent five-year plan recognized its demographic problem. The preferred solution, AI, leaves much to be desired.
Will AI Answer for China’s Economic Needs? Yes and No.
Cutting edge applications of artificial intelligence are seen on display at the Artificial Intelligence Pavilion of Zhangjiang Future Park during a state organized media tour in Shanghai, China, on June 18, 2021. Andrea Verdelli/Getty Images
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Commentary

Many in China—inside and outside government—look to artificial intelligence (AI) as an answer to the country’s demographic problem.

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Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is “Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.”