Artificial intelligence is booming "Internet +" empowers the real economy

Not long ago, the 2018 World Artificial Intelligence Conference, with the theme of “A New Era of Artificial Intelligence Empowerment”, was held in Shanghai, attracting many of the world's top technology companies to participate. President Xi Jinping pointed out in his congratulatory letter that "a new generation of artificial intelligence is booming on a global scale, injecting new kinetic energy into economic and social development, and is profoundly changing people's production and lifestyle."

Taking advantage of the development of the Internet, big data, artificial intelligence and other technologies, the digital economy has grown very well in China in recent years. According to the "China Internet +" Index Report (2018), the national digital economy in 2017 was 26.70 trillion yuan, an increase of 17.24% from 22.77 trillion yuan in the same period of last year. The digital economy accounts for GDP. The proportion of GDP has also increased from 30.61% to 32.28%.

It can be seen that with the support of technologies such as big data and artificial intelligence, the Internet economy is showing a booming trend, which not only becomes a new engine for stimulating China's economic development, but also provides new opportunities for the development of the real economy.

In the past 40 years of reform and opening up, China's real economy with manufacturing as its main body has achieved leap-forward development. At the same time that China has become the world's largest manufacturing industry, industrial technology capabilities are gradually catching up with the world's advanced level. The new normal of the economy requires the emergence of new kinetic energy. This is pointed out in the report of the 19th National Congress of the Communist Party of China. "Promoting the deep integration of the Internet, big data, artificial intelligence and the real economy, leading in the middle and high-end consumption, innovation, green and low carbon, In the areas of sharing economy, modern supply chain, and human capital services, we will foster new growth points and form new kinetic energy."

This is a new solution to the problems encountered in the current development of the real economy. In the context of the new round of industrial revolution, integrated development is the only way to supply-side structural reforms, and it also helps to resolve the contradiction between the current people's growing needs for a better life and the development of inadequate imbalances.

As a typical example of the new generation of information technology, the Internet, big data, and artificial intelligence have been highly valued all over the world, especially artificial intelligence technology, which is considered to be the next super wind, and the opportunities contained therein are self-evident. If the traditional industry can be deeply integrated with it, it will certainly provide a strong driving force for the real economy and will lay a solid foundation for high-quality development.

In fact, some of the current industries have successfully introduced relevant new technologies. Take the retail industry as an example. Before the emergence of the new online “resonance” model, the traditional retail industry and e-commerce have been in a relatively opposite position. On the one hand, the rapid expansion of e-commerce, and the “half death” of traditional retail. In recent years, the emerging “unbounded retail” and “new retail” models use big data and artificial intelligence technologies to promote online and offline integration. After the emergence of the new model, not only the offline entities showed a trend of reincarnation, but also the shortcomings of the online consumer shopping experience were effectively alleviated. The "Internet +" created a win-win situation through the form of empowerment.

Although the new generation of information technology such as artificial intelligence contains enormous energy, from a macro perspective, they are still in the growth stage. According to the "2018 China Artificial Intelligence Business Research Report", more than 90% of artificial intelligence companies have suffered losses. On the other hand, there are also imbalances in the level of development of digitalization in China. According to the data of China Internet + Index Report (2018), in 2017, China's digital Gini coefficient is 0.59, which is in a relatively unbalanced situation.

The imbalance of digital economic development has a great relationship with China's current urbanization level and the income gap of residents. This is also the problem that needs to be solved in the next stage. The pain of the commercialization of artificial intelligence is actually expected. In the rapid development of the Internet economy, artificial intelligence as the most popular investment hurdle is naturally chased by multi-party capital. In the initial stage of technology research and development, the input and output are relatively low.

In fact, these current problems are not incurable diseases, but the pains of the new ecology of the Internet economy and the development of a new generation of information technology. As long as the current development trend is maintained and relevant support policies are promoted, these problems will be solved after the baptism of time. Whether it's the Internet, big data, artificial intelligence, or the real economy, we have reason to believe that they will achieve better growth in the future.