China is enjoying the benefits and simplification brought forth by the growing use of facial-recognition technology, but such booming growth also comes with privacy concerns, The Straits Times reports. As the technology evolves, it is becoming more invasive and collecting more data, leading Chinese legal analysts to believe improved legislation is necessary to regulate the growth. Acting on regulation now could be crucial as further expansion of facial-recognition tech is on the horizon. Shenzhen-based Qianzhan Industry Research Institute has done studies that predict the market for facial recognition in China will grow 20% over the next five years and have 10 billion yuan committed to the tech by 2024.
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