Madame_Mary

According to CNN 1 February, US and India have increased defence and technology cooperation in line with the growing threats from China. Operationally, the focus is on maritime security and intelligence, surveillance and reconnaissance capabilities as well as developing cell phone technologies. Due to the sensitive policial and market related tension, it is likely that all parties will aim to avoid any fatalities to avoid further tension and impact from a security and economic perspectives. Instead, technology and collaboration will be the key activities for China and India. 

Due to the low amount of immunity of the citizens in China caused by the zero Covid policy approach my estimation is that it is unlikely that China will announce an end. The restricted policy had ended in a low number of reported deaths caused by COVID-19 and China might feel pressured to not change its approach even with ongoing protests without a sustainable alternative such as increased resources in hospitals. As the vaccine in China only has 60% protection, I do not see that China would be in a good state to end its Covid policy but will likely relax its restrictions,as was published by financial times 12 hours ago. 

Due to the overall insatiable financial market and stock market value decrease, I doubt Impossible Foods will take the step to announce a date of their IPO by the end of the year. Impossible Foods are also in a lawsuit over imitation-meat and it is unlikely that they would proceed with stock market entry until the case is settled.

On November 8, Foodnavigator.USA.com among other vegetarian centric online magazines announced that Impossible Foods has hired a new marketing chief with experience from big companies. My assessment is that they plan to increase the marketing profile and communication prior to IPO, wherefore I foresee that they will at least take 8 months before announcing a date to gain an internal alignment and results on the marketing strategy and implementation thereof.

China, US, Japan and the Republic of Korea have the most AI patent applications (rs-online 2020). According to WIPO data "technology trends” 2020, only 4 actors out of top 500 AI applicants holding AI patent applications. Due to Europe’s and United Kingdom’s high requirements on data privacy handling and overall regulatory mixture and market impacting factors, it is likely that AI will face issues to become subject to research and user adoption. The EU has also considered legal limitations in order to secure privacy and security.

Furthermore, computer programs are excluded from patentability and solutions made by AI cannot be patented within the scope of European patent convention (Case J 8/20) , which by the nature of AI will have an impact on patent possibilities in this area.

Biography:

Report 2020, issued by https://uk.rs-online.com/web/

Technology Trends 2019 Artificial Intelligence rapport 2019.

Khan, S. (2022) UK AI Patent Law, Potter Clarkson. Available at: https://www.potterclarkson.com/insights/patenting-ai-in-the-uk-trends-and-outlook/ (Accessed: November 19, 2022).

My prediction is that it is likely that the percentage of the world's AI patents granted in China in 2022. As per 2019, 4% of the AI patents were first filed in China, (WIPO, technology trends 2019)

During the past 10 years, China's number of AI patents resulted in being accounted for 74.7 percent of the global total and ranked the most innovative county in the world on AI (WIPO. int China Leads the World in AI Related Patent Filing, 2021). According to technology trends issued by WIPO.

China encompasses great incentives to continue its development of AI technology. First, its government advocates for development in AI in government policies. This can be illustrated by the increase of total AI research papers globally arising from China from 4.26% to 27% in the years 1997 to 2017.

Furthermore, due to the country’s usage of surveillance (big data) and high technology and product engagement among consumers and the industry, China has a mature market to utilise AI inventions. China also does not have a strong data privacy governance, unlike Europe and US, wherefore the technology has less legal entry threats than other countries or regions, (Yangao et al., 2021).

Biography:

China Leads the World in AI Related Patent Filing (2021) https://www.wipo.int/. WIPO. Available at: https://www.wipo.int/about-wipo/en/offices/china/news/2021/news_0037.html (Accessed: November 13, 2022).

 Is China emerging as the global leader in AI?, Yangao, X., Tong, , T.W.W. and Li, D. (2021), Harvard Business Review. Available at: https://hbr.org/2021/02/is-china-emerging-as-the-global-leader-in-ai (Accessed: November 13, 2022).

Tech trends – Artificial Intelligence Related Technologies (2019) Tech Trends – Artificial Intelligence Related Technologies. Available at: https://www.wipo.int/tech_trends/en/artificial_intelligence/ (Accessed: November 13, 2022).