How the Artificial Intelligence industry is Growing: A comparison of the current development of Chat GPT’s Chinese and American “fast followers” Ernie Bot and Google Gemini

Abstract

As people increasingly rely on AI nowadays, various AI industries are being developed in China and the US to serve different purposes. This research will explore the rise of these fast followers in the Generative AI industry and compare their market share, business model, and competitive advantage of each fast follower. Then, through the PEST model, we analyze how the macro background of different countries has affected the development of these fast followers.