China urged to steer AI toward job creation with incentives, penalties

Source Domain: www.mlex.com

Cai Fang, a government economic adviser and academician at the Chinese Academy of Social Sciences, advocates for deploying incentives and penalties to guide AI development toward enhancing worker roles rather than replacing them.
Fang emphasizes the importance of expanded worker retraining programs to help people adapt to new roles in an increasingly automated world.
He calls for wider social security coverage to address potential mass displacement from automation in China’s economy.
The article mentions the broader context of China’s strategy to manage economic changes brought on by advancements in artificial intelligence.
The piece is written by Yonnex Li, published on June 24, 2026, at 09:22 GMT.

China urged to steer AI toward job creation with incentives, penalties | MLex