(Yicai Global) March 30 -- The widening adoption of generative artificial intelligence will improve productivity and user experience and lead most people to pursue creative jobs in the future, according to industry experts.
Executives of chipmakers Intel and Qualcomm, as well as AI firm Baidu and officials, pointed out new insights of large language models such as ChatGPT and implications for the future during a sub-forum on digital economy chaired by Chen Sijie, chief executive officer of Yicai Media Group, held on the sidelines of the Boao Forum for Asia 2023 yesterday. The annual BFA will continue till tomorrow.
Generative AI may bring forth great improvements in both productivity and user experience, said Shen Dou, executive vice president of Beijing-based Baidu. First, it can reform production processes by breaking down human intent into instructions to be executed. Second, generative AI makes interactions more direct and efficient, Shen added.
Every technological revolution occurs with the fear of advanced production tools replacing human labor, per the executive. But generative AI can inspire new talents, and because of the rising adoption rate of new technologies, in the future, more than 50 percent of people will need to engage in creative work, according to Shen.
The computing demand presented by ChatGPT and AI technologies will show exponential growth, said Wang Rui, senior vice president of Intel. This will widen people's imagination, which in turn requires higher computing power, more connectivity, and larger storage, forming a positive cycle. For Intel, all it sees are opportunities, per Wang.
Li Zixue, chairman of telecoms equipment maker ZTE, responded to a question of whether the fifth-generation dividend period is ending. Such dividends may not be as big as before, but applications of network and 5G, especially those of verticals, have just begun. In the following years, there will certainly be an explosive period, based on the cultivation and accumulation in these fields, he added.
The functions of 5G have not been given full play, according to Meng Pu, chairman of Qualcomm China. The potential will only be truly realized if higher millimeter wave bands can be achieved to provide enterprises with large and high-speed connectivity, he added.
Experts also discussed supervision. The digital economy is linked to various industries and sectors and to do a good job of regulating it is necessary to grasp the characteristics and development of it, said Wang Jiangping, vice minister of the Ministry of Industry and Information Technology.
China should keep a tolerant attitude in the early stages of development and when problems emerge, the government should step in and improve the system of laws and regulations, Wang added.
Editor: Emmi Laine, Xiao Yi