Technology
Infographic: Is Vancouver a Legitimate Tech Hub?
Is Vancouver a Legitimate Tech Hub?
In the first part of this series, we covered the history and rise of technology in Vancouver with an in-depth timeline infographic.
Today, our piece compares the Vancouver startup ecosystem against the other major tech hubs in North America.
If you’re asking yourself whether or not Vancouver is able to directly compare with Silicon Valley, the answer is a resolute “no”. To put things in perspective, Silicon Valley boasts at least 10x more tech employees, 20x more venture capital deals, and an unsurpassed track record of success.
In fact, California alone grabbed a hefty 47% of all North American venture capital funding in 2013.
That said, there is no question that Vancouver is trending in the right direction. For starters,Vancouver has some of the best support for entrepreneurs with a high ratio of mentors and incubators per capita. Venture capital figures are rising and some great success stories are popping up.
Facebook, Twitter, Amazon, and the rest of the big boys are all setting up shop in the Rainy City. Even the mayor and city are on the bandwagon.
While the numbers don’t quite stack up against Silicon Valley or New York yet, there is plenty to be excited about. Stay tuned: we’ll tackle the future of tech in Vancouver in Part 3 of this series.
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Technology
Visualizing AI Patents by Country
See which countries have been granted the most AI patents each year, from 2012 to 2022.
Visualizing AI Patents by Country
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
This infographic shows the number of AI-related patents granted each year from 2010 to 2022 (latest data available). These figures come from the Center for Security and Emerging Technology (CSET), accessed via Stanford University’s 2024 AI Index Report.
From this data, we can see that China first overtook the U.S. in 2013. Since then, the country has seen enormous growth in the number of AI patents granted each year.
Year | China | EU and UK | U.S. | RoW | Global Total |
---|---|---|---|---|---|
2010 | 307 | 137 | 984 | 571 | 1,999 |
2011 | 516 | 129 | 980 | 581 | 2,206 |
2012 | 926 | 112 | 950 | 660 | 2,648 |
2013 | 1,035 | 91 | 970 | 627 | 2,723 |
2014 | 1,278 | 97 | 1,078 | 667 | 3,120 |
2015 | 1,721 | 110 | 1,135 | 539 | 3,505 |
2016 | 1,621 | 128 | 1,298 | 714 | 3,761 |
2017 | 2,428 | 144 | 1,489 | 1,075 | 5,136 |
2018 | 4,741 | 155 | 1,674 | 1,574 | 8,144 |
2019 | 9,530 | 322 | 3,211 | 2,720 | 15,783 |
2020 | 13,071 | 406 | 5,441 | 4,455 | 23,373 |
2021 | 21,907 | 623 | 8,219 | 7,519 | 38,268 |
2022 | 35,315 | 1,173 | 12,077 | 13,699 | 62,264 |
In 2022, China was granted more patents than every other country combined.
While this suggests that the country is very active in researching the field of artificial intelligence, it doesn’t necessarily mean that China is the farthest in terms of capability.
Key Facts About AI Patents
According to CSET, AI patents relate to mathematical relationships and algorithms, which are considered abstract ideas under patent law. They can also have different meaning, depending on where they are filed.
In the U.S., AI patenting is concentrated amongst large companies including IBM, Microsoft, and Google. On the other hand, AI patenting in China is more distributed across government organizations, universities, and tech firms (e.g. Tencent).
In terms of focus area, China’s patents are typically related to computer vision, a field of AI that enables computers and systems to interpret visual data and inputs. Meanwhile America’s efforts are more evenly distributed across research fields.
Learn More About AI From Visual Capitalist
If you want to see more data visualizations on artificial intelligence, check out this graphic that shows which job departments will be impacted by AI the most.
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