On May 17th, the 2025 Tsinghua Wudaokou Global Financial Forum opened in Shenzhen. Michael Spencer, the 2001 Nobel laureate in economics, spoke online about artificial intelligence (AI) and stated that the gap between China and the United States is rapidly narrowing. China and the United States are the two most important countries in promoting the development of AI, but other countries such as the United Kingdom have actually made progress and accessibility is becoming increasingly widespread. Spencer believes that the most important thing is to ensure that AI is not limited to certain companies or industries, and to deploy AI throughout the entire economy to widely improve productivity.
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