Disruptive AI set to transform industry

Robot arms seen at a production line of BYD in Changsha, Hunan province. Wang Peng, a researcher at the Beijing Academy of Social Sciences, said, "China's major advantages in developing AI lie in abundant data resources and diversified industrial application scenarios, while the US has taken the lead in basic AI research, chips, algorithms and other crucial technologies, as well as a sound innovation ecosystem." Lu Yanxia, research director at market research company International Data Corp China, said Chinese tech companies' continuous technological advancements in LLMs will further promote the popularization of AI models, and bring fresh business opportunities for domestic AI servers, cloud computing and chip companies. Pan Helin, a member of the Ministry of Industry and Information Technology's Expert Committee for Information and Communication Economy, said the training of multimodal AI models necessitates massive requirements for computing capacity resources, which will give a strong boost to the development of the computing power industry. "Chinese tech companies should beef up independent innovation abilities in underlying computing power chips and programming software, and invest more in basic scientific research, including mathematics, statistics and computer science, in order to catch up with leading foreign counterparts amid intensifying competition in the global AI industry," Pan said.