Are You Considering Chinese AI In Your Strategy?

In this HBR IdeaCast episode, Adi Ignatius interviews Amit Joshi, a professor at IMD, about the parallel development of AI ecosystems in the West and China. Joshi explains that while China initially lagged behind in generative AI, they quickly caught up and now possess unique advantages, particularly in customized infrastructure and industry-specific applications. The discussion covers how Chinese AI companies are focusing on real-world applications, hyper-personalization, and building distinct business models. Joshi argues that global companies should explore both ecosystems, considering the strengths of each, while also being mindful of the security, privacy, ethical, and regulatory concerns. He suggests practical steps for leaders to educate themselves, such as experimenting with Chinese AI models like DeepSeek and monitoring business model innovations in China, emphasizing that a dual approach can offer competitive advantages in various sectors.