Putin to Boost AI Work in Russia to Fight ‘Dangerous’ Western Monopoly

This pool photograph distributed by Russian state agency Sputnik shows Russia's President Vladimir Putin (C), accompanied by Russia's top lender Sberbank CEO German Gref (L), touring an exhibition on the sidelines of an AI (artificial intelligence) conference in Moscow on November 24, 2023. (AFP)
This pool photograph distributed by Russian state agency Sputnik shows Russia's President Vladimir Putin (C), accompanied by Russia's top lender Sberbank CEO German Gref (L), touring an exhibition on the sidelines of an AI (artificial intelligence) conference in Moscow on November 24, 2023. (AFP)
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Putin to Boost AI Work in Russia to Fight ‘Dangerous’ Western Monopoly

This pool photograph distributed by Russian state agency Sputnik shows Russia's President Vladimir Putin (C), accompanied by Russia's top lender Sberbank CEO German Gref (L), touring an exhibition on the sidelines of an AI (artificial intelligence) conference in Moscow on November 24, 2023. (AFP)
This pool photograph distributed by Russian state agency Sputnik shows Russia's President Vladimir Putin (C), accompanied by Russia's top lender Sberbank CEO German Gref (L), touring an exhibition on the sidelines of an AI (artificial intelligence) conference in Moscow on November 24, 2023. (AFP)

Russian President Vladimir Putin on Friday announced a plan to endorse a national strategy for the development of artificial intelligence, emphasizing that it's essential to prevent a Western monopoly.

Speaking at an AI conference in Moscow, Putin noted that “it’s imperative to use Russian solutions in the field of creating reliable and transparent artificial intelligence systems that are also safe for humans.”

“Monopolistic dominance of such foreign technology in Russia is unacceptable, dangerous and inadmissible,” Putin said.

He noted that “many modern systems, trained on Western data are intended for the Western market” and “reflect that part of Western ethics, norms of behavior, public policy to which we object.”

During his more than two decades in power, Putin has overseen a multi-pronged crackdown on the opposition and civil society groups, and promoted “traditional values” to counter purported Western influence — policies that have become even more oppressive after he sent troops into Ukraine in February 2022.

Putin warned that algorithms developed by Western platforms could lead to a digital “cancellation” of Russia and its culture.

“An artificial intelligence created in line with Western standards and patterns could be xenophobic,” Putin said.

“Western search engines and generative models often work in a very selective, biased manner, do not take into account, and sometimes simply ignore and cancel Russian culture,” he said.

“Simply put, the machine is given some kind of creative task, and it solves it using only English-language data, which is convenient and beneficial to the system developers. And so an algorithm, for example, can indicate to a machine that Russia, our culture, science, music, literature simply do not exist.”

He pledged to pour additional resources into the development of supercomputers and other technologies to help intensify national AI research.

“We are talking about expanding fundamental and applied research in the field of generative artificial intelligence and large language models,” Putin said.

“In the era of technological revolution, it is the cultural and spiritual heritage that is the key factor in preserving national identity, and therefore the diversity of our world, and the stability of international relations,” Putin said. “Our traditional values, the richness and beauty of the Russian languages and languages of other peoples of Russia must form the basis of our developments,” helping create “reliable, transparent and secure AI systems.”

Putin emphasized that trying to ban AI development would be impossible, but noted the importance of ensuring necessary safeguards.

“I am convinced that the future does not lie in bans on the development of technology, it is simply impossible,” he said. “If we ban something, it will develop elsewhere, and we will only fall behind, that's all.”

Putin added that the global community will be able to work out the security guidelines for AI once it fully realizes the risks.

“When they feel the threat of its uncontrolled spread, uncontrolled activities in this sphere, a desire to reach agreement will come immediately,” he said.



Apple Shares Fall as Tariff Costs to Add More Agony

FILE PHOTO: Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, US, August 1, 2018. REUTERS/Lucas Jackson/File Photo
FILE PHOTO: Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, US, August 1, 2018. REUTERS/Lucas Jackson/File Photo
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Apple Shares Fall as Tariff Costs to Add More Agony

FILE PHOTO: Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, US, August 1, 2018. REUTERS/Lucas Jackson/File Photo
FILE PHOTO: Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, US, August 1, 2018. REUTERS/Lucas Jackson/File Photo

Apple shares fell nearly 3% on Friday after the iPhone maker trimmed its share buyback program and CEO Tim Cook warned of additional tariff-related costs of about $900 million this quarter amid a raging Sino-US trade war.
The Cupertino, California-based company that makes over 90% of its products in China said it plans to shift production of iPhones to India to minimize the impact of President Donald Trump's trade war.
"It looks like Apple is progressing faster than expected with its move to shift production of US phones into the region (India)," said Matt Britzman, senior equity analyst at Hargreaves Lansdown.
Analysts at Wedbush echoed this view, referring to India as Apple's "life raft supply chain" as the company navigates through tariff turbulence.
Cook outlined how Apple has started to build up a stockpile of products so that the majority of its devices sold in the US this quarter will not come from China.
“Tim Cook did his best to reassure investors on last night’s earnings call, but many likely came away still wanting more clarity about what lies beyond June," Matt said, adding that the $900 million hit to profit turned out to be smaller than many had feared.
Apple, which has been grappling with increased competition in key market China from rivals like Huawei due to slower rollouts of AI features, was already in troubled waters before the tariffs hit.
"The question for investors is what can replace China for Apple? This is not an easy question to answer and could threaten the long-term trajectory of Apple’s growth plan," said Kathleen Brooks, research director at XTB.
Despite electronics being exempted from US.President Donald Trump's slew of import tariffs so far, Washington has signaled that some levies could be imposed in the coming weeks.
Big Tech peers Alphabet, Microsoft and Meta Platforms beat quarterly estimates aided by artificial intelligence, while Amazon.com's cloud revenue growth fell short of revenue expectations.
These results were in stark contrast to dour forecasts from consumer electronics companies that are more exposed to tightening consumer budgets - chipmakers Qualcomm, Samsung Electronics, and Intel.
Apple shares lost about 15% so far this year. That compares with a 2.3% fall in Meta, and a nearly 1% rise in Microsoft.
Apple's 12-month forward price-to-earnings ratio is 27.63, compared with Microsoft's 28.64 and Meta's 21.48.