A Chinese AI firm which has had over $25 million of investment has come up with a radical TV system that uses image recognition to drive product placement ad revenues, threatening to revolutionize advertising on the TV. The company is called Yi+ and at the recent “Global Family Internet Conference in Shanghai its founder, Ms Zhang Mo, showed off its AI assistant and what it calls an intelligent advertising platform. This is not a platform which would gain traction in its current form anywhere else in the world as it opens up the way to censorship checking as well as to advanced advertising. But if you simply switched off the censorship options it may well find an audience in a…