'The future will be won or lost on this technology. I'm very concerned': The founder of a $9 billion company warns that China is on track to dominate the US in AI

ThoughtSpot

ThoughtSpot founder and CEO Ajeet Singh.

• Investors and entrepreneurs say that the US may soon fall behind in the race to build better artificial intelligence.
• While many agree that the US was a leader in the technology's development, in recent years, the tables have turned: many say that China's tech could surpass the US's in five years or less.

Artificial Intelligence is a complex and evolving technology. And whichever country masters it first will own "the black box of the future."

That's how Ajeet Singh, founder of analytics software company ThoughtSpot, thinks about AI, which is expected to play an increasingly important role in everyday life in the coming years.

Complimentary Tech Event

Transform talent with learning that works

Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

"AI is the world's next big inflection point," says Singh. "It will hugely impact human productivity, the creation of drugs, the future of education and medicine."

If you're ahead on AI, he says, "that naturally means that you'll be ahead as a country." ...

Sponsored: If you enjoyed reading this story so far, why don't you join Business Insider PRIME? Business Insider provides visitors from MSN with a special offer. Simply click here to claim your deal and get access to all exclusive Business Insider PRIME benefits.