Rahul Pandey
Generative artificial intelligence (GenAI) is emerging as a transformative technological innovation of the 21st century, sure to reshape economies and societies and alter global power dynamics. The World Intellectual Property Organization (WIPO) has published a “Patent Landscape Report – Generative Artificial Intelligence (GenAI)” as its first-ever report tracking patent applications in the GenAI field.
The report’s findings are not entirely novel, as numerous reports from various perspectives are publicly available. The main takeaway from all these sources is that Chinese corporations, academic institutions (particularly the Chinese Academy of Sciences or CAS), and other emerging companies are investing substantial financial resources in producing high-quality research and patents related to AI.
The WIPO report revealed that between 2014 and 2023, over 54,000 patent families encompassing GenAI were filed, with a remarkable eightfold increase in patent applications since 2017. Breakthroughs in deep learning fueled these advancements, especially the surge in large language models (LLMs), generative adversarial networks (GANs), and global competition among nations and corporations to fully exploit the potential of GenAI technologies.
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