PricewaterhouseCoopers predicts that by 2030, the market size of artificial intelligence will exceed US$16 trillion, and its contribution to the global economy will be comparable to China's annual GDP in 2020, with huge energy. The changes that artificial intelligence brings to human society are far more than economic data.

The world-famous computer scientist and Turing Award winner Yao Qizhi once bluntly stated that artificial intelligence is the commanding height of science and technology, and mastering artificial intelligence in the future is equivalent to mastering a huge advantage in economic and social development.

Multiple policy support

Different from the deep learning boom in the early years, with the maturity of artificial intelligence technology and the deepening of the understanding of the industry by governments of various countries, the government's attention to the development and application of artificial intelligence technology is increasing day by day.

Since the United States launched a new artificial intelligence plan in 2019, the United States has successively issued multiple artificial intelligence development reports, placing artificial intelligence in a national strategic position.

The European Union also released the "Artificial Intelligence White Paper" in February last year, emphasizing the need to substantially increase investment in the field of artificial intelligence research and innovation, and plans to attract 20 billion euros of technology research and application funds in the EU every year in the next 10 years. In December last year, the European Investment Bank Group has launched a new financing tool of up to 150 million euros to support artificial intelligence and the blockchain, Internet of Things and robotics that are directly related/complementary to artificial intelligence.

In China, artificial intelligence has already risen to the national strategic level. As early as the G20 Hangzhou Summit in 2016, it was proposed that a new round of technology and industrial revolution with the Internet as the core is ready to take off. New technologies such as artificial intelligence and virtual reality are changing with each passing day. The combination of virtual economy and real economy will give people The production methods and lifestyles brought about revolutionary changes.

In the "14th Five-Year Plan" outline, the smart economy is also high hopes. The plan clearly states that it is necessary to promote the in-depth integration of various industries such as the Internet, big data, and artificial intelligence, promote the development of advanced manufacturing clusters, build a group of strategic emerging industry growth engines with unique characteristics, complementary advantages, and reasonable structure, and cultivate new technologies, New products, new formats, and new models.

With the introduction of new infrastructure, China's attention to artificial intelligence has gradually expanded from the theoretical and R&D level to the application level. It can be expected that how to implement artificial intelligence technology in the future, how to play an active role in the fields of industrial economy, society and people's livelihood will become the focus of attention.

Artificial intelligence moves towards standardization

In the past ten years, artificial intelligence technology has experienced a revolutionary development period, but the entire industry is still in the early stage of development, and it still takes time to commercialize mature applications. After the deep learning boom, the entire artificial intelligence industry is currently entering a stage of steady development, and the capital market is also entering the stage of rational and conservative after experiencing the initial enthusiasm.

Similar to the rise of other emerging industries in history, artificial intelligence, as an emerging technology, requires long-term capital investment and more room for trial and error. However, in the eyes of social capital who pursue profit returns within a certain period of time, artificial intelligence, a technology that is still under development, will more or less be classified as a "burning project." IT Orange data shows that since the number of financing incidents reached its peak in 2017, financing incidents in the field of artificial intelligence have drastically reduced in recent years.

It is undeniable that the rapid development of artificial intelligence technology poses a challenge to the existing life model, and also triggers some controversies and thinking, such as the security of algorithms, and the openness and use of data. The chaos of face recognition data exposed at the party on March 15 this year is torturing people who have been concerned about data privacy issues related to technological development for a long time.

There are various signs that the artificial intelligence industry will enter a deeper stage in the future-standardization

Zhou Xi, the founder of a certain technology, also said that the state should lead the construction of a standardized data platform, build a benign system, supervise data on the basis of traceability and technical guarantees, and standardize interface standards.

On the other hand, the challenges faced by the application of the industry need to gather more resources. Artificial intelligence companies need to actively explore business models, promote in-depth technology integration scenarios, and continuously enrich the application ecology of artificial intelligence technology. Capital must also have more confidence and patience in the development and maturity of new technologies. In particular, with the strong support of the government, artificial intelligence companies are expected to form a joint force with the government in solving major social problems and meeting social needs, and create for technology applications. More scenarios, enriching technology application forms.

Article information source-China Securities Journal-China Securities Net


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