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CHINA ACKNOWLEDGES ‘TEMPERATURE GAP’ BETWEEN TECH BOOM AND TRADITIONAL SLUMP

1 min read • 1 hr ago • News - South China Morning Post • [src]
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WHAT HAPPENED

A top theoretical journal of the Communist Party has acknowledged that a stark economic divide exists between China’s booming AI sector and its struggling traditional industries. And while arguing that this divergence was not unique to China, the Qiushi Journal stressed that rapid technological advances must not leave ordinary citizens behind.

News - South China Morning Post reports that a top theoretical journal of the Communist Party has acknowledged that a stark economic divide exists between China’s booming AI sector and its struggling traditional industries.

The report adds: And while arguing that this divergence was not unique to China, the Qiushi Journal stressed that rapid technological advances must not leave ordinary citizens behind.

In a commentary published on its website on Sunday, the journal conceded that there was an obvious “gap in temperature” in the world’s second-largest...

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