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AI should be inclusive to allow people to share its benefits: expert

China

China

China

AI should be inclusive to allow people to share its benefits: expert

2024-11-27 16:38 Last Updated At:18:47

Artificial intelligence (AI) must be developed inclusively to ensure equal access and widespread benefit to avoid a digital divide, said CEO of Insilico Medicine Alex Zhavoronkov.

Billionaire entrepreneur Elon Musk recently expanded his lawsuit against ChatGPT maker OpenAI, adding antitrust and also adding OpenAI's largest financial backer Microsoft as a defendant.

Musk's amended lawsuit, filed in federal court in California this month, said Microsoft and OpenAI illegally sought to monopolize the market for generative AI and sideline competitors.

When commenting on the lawsuit, Alex Zhavoronkov, a leading clinical-stage biotechnology company developing next-generation AI and robotics platforms for drug discovery, offered insights into the development of OpenAI and the cutting-edge generative AI.

"You can see that the motivation for the creation of OpenAI was to ensure that Google doesn't have monopoly on OpenAI, and it was created as a nonprofit. So right now, OpenAI became a commercial vehicle themselves. Now if you can evaluate its potential in generative AI, it is very, very substantial. Its presence in generative AI is close to a monopoly, right? So it's very, very similar to what Google did to the search engines in the very early days," said Zhavoronkov.

The expert believes AI has shown great advantages in areas such as image recognition, positioning and navigation, and only by ensuring that the dividends of AI are shared globally can the gap brought by technological development be avoided.

"What we need to ensure is that as many human beings on the planet get access to this technology, start using it and get empowered and get wealthier. So we need to ensure that there is equal access to AI," he said.

China's active social networks and mobile phone-based software provide a good incubation foundation for the development of generative AI, and the country's development in this field, as well as the intensifying international governance and cooperation on AI advocated by China, will jointly make great contributions for mankind, according to Zhavoronkov.

"I am a very strong believer in China. I know that China, for example, is making very substantial efforts in generative AI. In generative AI, China will play a huge role in the future, thanks to the data capabilities and thanks to the wonderful scientists who are actually pushing this field forward," he said.

AI should be inclusive to allow people to share its benefits: expert

AI should be inclusive to allow people to share its benefits: expert

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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