China's AI Drive May Widen Wealth Gap, Testing 'Common Prosperity'
China's push for AI-driven growth could exacerbate regional wealth disparities, potentially challenging its 'common prosperity' goals as major cities benefit more than rural areas.
China wants artificial intelligence to become a new engine of growth, powering everything from factory upgrades to scientific discovery. But outside the countryโs technology hubs, the economic benefits promised by AI may be harder to realise. Recent studies suggest that AI will widen regional divides. Big cities with deep pools of talent, capital and innovative firms are best placed to adopt the technology, while smaller cities and rural areas may struggle to keep up. According to analysts, the....