In terms of relational AI ideas like bots, China filed six days more patents than its closest American counterpart, according to UN statistics released on Wednesday.
Generative AI, which produces text, images, computer code and even music from existing information, is exploding with more than 50, 000 patent applications filed in the past decade, according to the World Intellectual Property Organization ( WIPO ), which oversees a system for countries to share recognition of patents.
A quarter of them were filed in 2023 only, it said.
” This is a booming area; this is an area that is expanding at a rapid rate. And it’s there that we expect to grow also more”, Christopher Harrison, WIPO Patent Analytics Manager, told reporters.
More than 38, 000 GenAI ideas were filed by China between 2014- 2023 and 6, 276 filed by the United States over the same time, WIPO said.
Harrison claimed that the Taiwanese patent applications spanned a wide range of industries, from file management to autonomous driving.
South Korea, Japan and India were ranked second, fourth and fifth both, with India growing at the fastest level, the data showed.
Among the top applicants were China’s ByteDance- which owns video game TikTok- Foreign e- banking giant Alibaba Group, and Microsoft, a backer of startup OpenAI which created ChatGPT.
GenAI has the potential to transform numerous other economic sectors, including science, publishing, transportation, and security, compared to apps that can mimic human speech that are already being used by retailers and other organizations to improve customer service, according to WIPO’s Harrison.
According to the patent data, this area has the ability to have a significant impact on a number of different industrial sectors going forward, according to WIPO’s Harrison, highlighting the academic sector where GenAI-created molecules have the potential to speed up drug development.
WIPO stated that it anticipates a further wave of patent applications to be filed immediately and that it will publish a future version of the data, perhaps using GenAI to demonstrate the trend.
