March 25, 2022  SEONews

Invading Ukraine has upended Russia’s A.I. ambitions—and not even China may be able to help – Fortune

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In 2017, Russian President Vladimir Putin, said that A.I. is “the future, not only for Russia, but for all humankind.” He added that “Whoever becomes the leader in this sphere will become the ruler of the world.”

But now, after invading Ukraine, Putin’s big artificial intelligence ambitions have been significantly hobbled. Economic sanctions imposed by Western countries are poised to plunge Russia into a deep recession while bans on international flights and its partial ejection from the global SWIFT banking system has cloistered the country from the rest of the world.

“Because of the sanctions companies across the Russian economy, whether in the tech sector or elsewhere, have less money to put into IT,” says Chris Miller, a Tufts University assistant professor and director of the Foreign Policy Research Institute’s Eurasia program. “So the…

Read Full Story: https://fortune.com/2022/03/25/russia-ai-sanctions-ukraine-china/

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source: https://news.oneseocompany.com/2022/03/25/invading-ukraine-has-upended-russias-ai-ambitionsand-not-even-china-may-be-able-to-help-fortune_2022032516785.html

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