The revolutionary breakthroughs in artificial intelligence(AI)technology over the past decade are the favorable outcomes of the effective integration of technology,industry and finance.These breakthroughs have been founded on the efficient collaboration of multiple market forces,where technological leadership,product competitiveness and venture capital returns have combined to form a robust positive feedback loop,thereby effectively addressing the substantial risks inherent in technological revolutions.The positive feedback and complementary innovation of AI industrialization and industrial intelligence departments not only are the essential driving force for the development of the AI industry,but also create conditions for the development of strategic emerging and future industries.Based on the law of accelerating returns in AI,the next few decades may usher in its"economic singularity".The AI-centered digital economy may have a greater job creation effect than the substitution effect in general,but the impact on different groups of people will be different.And AI featuring deep learning has also greatly enhanced the depth,scope and potential of scientific discovery.However,driven by the differentiated AI capabilities of different countries and fierce major-country competition,new trends have emerged in the international political and economic fields,such as the gradual emergence of the two-pole competitive landscape,intensifying gaming among different groups and camps,and international economic cooperation suffering from setbacks.The US'geostrategic competition with China coincides with surpassing the singularity point by smart technologies at a historic juncture,which has intensified extreme strategic competition among countries and pushed forward the fundamental evolution of war patterns.Intelligent competition has become the focus of national security,and intelligent instruments empower extreme strategic competition.In the process of AI development,it is necessary to not only use legislation to remove obstacles to AI technology innovation and application,but also deal with risks that arise in the application process of AI systems through legislation.It is necessary to fully understand the subtle differences between necessary regulation and excessive regulation,and adjust and update regulatory contents and forms in accordance with technological development and social changes.