The AI chatbot phenomenon is now making waves in China, too

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The AI chatbot phenomenon is now making waves in China, too
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Investors are watching closely to see whether and how Beijing’s heavy hand might stymie ChatGPT clones in China.

James Li is happy with his programming job in Beijing. But the offers from other companies seeking his talent to help build AI products are eating away at him.

“AI has been around a while. But I’ve never seen such a hiring frenzy in my circle of friends and contacts,” he told MarketWatch. First Take: Can Microsoft make Bing cool with ChatGPT? There’s so much upside that it may not have to.With chatbots, users can input queries seeking a vast range of results, from arcane trivia to pre-written college term papers. Experts have said that we are at the dawn of the technology, and that its power to supersede human-response capabilities will soon be upon us.

Baidu said recently it would complete internal testing of its “Ernie Bot” by March. ChatGPT and Chinese chatbots have swiftly become one of the hottest topics on Chinese social media. Investors are scrambling to make sense of the implications. Companies have announced additional resources for related projects.

The shuttering of the site came after users posted screenshots of the chatbot’s responses answering sensitive political questions, including references to Xi Jinping’s rule referring to it as dictatorship. China has long relied on Western firms to birth novel technologies, after which Chinese companies rapidly build atop those products using China’s mass labor, funds and market size, said Hu Yushan of the boutique investment brokerage Enclave Capital, based in the western metropolis Chengdu.

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