Grace Hsiao

Some act more like a guardrail as a protector.

So they are working hand in hand.

And on top of that, every single sector

AI, gen AI application, as well as LLM company have to go through the national registry in China.

So they actually disclose what is being trained, what is, you know, the potential risk.

That said, I think right now, you know, no one really knows what the real impact of AI will be on economy.

But, you know, definitely that fear mongering narrative is not mainstream in China.

The Chinese government probably sees this in a much more pragmatic way.

You know, just like how there was an internet plus policy 15 years ago, there's now an AI plus policy.

When deep seek moment took off, you know, there was a frenzy of private companies, even in home appliances, trying to embed deep seek, integrate deep seek.

I'm just like,

what is a AI vacuum going to do for you or AI electric toothbrush going to do for you?

It was wild, right?

But the government picked that up.

And I think what the Chinese government, going back to what we talked about earlier, is that they have the advantage of having the ability to push things down from top down.

And at the very high level, they're seeing AI as an economic driver to propel maybe efficiency, to address some of the labor shortage that's coming as the population continues to age and decline.

It also addresses a lot of issues where a lot of the young people don't want to work in manufacturing roles.

They want to be automated, actually, and they want to work in urban areas.

So they have that now.

And then each of the provincial governments will take that as kind of like a KPI.