Over the past decade, the Internet has profoundly reshaped the Chinese economy, becoming one of the most dynamic fields in modern times. As it transitions from the periphery to the core of society, the Internet is now considered a fundamental social infrastructure. The so-called "post-Internet era" is on the horizon. Fu Sheng, CEO of Cheetah Mobile, highlighted that the 19th Party Congress emphasized the deep integration of the Internet, big data, and artificial intelligence with the real economy, aiming to foster new growth points and drive innovation in sectors like high-end consumption and technological leadership. This signals that cross-border collaboration and emerging technologies will be key trends in the new era, with the fusion of the Internet and traditional industries creating fresh opportunities.
Fu Sheng believes that the digital transformation of the physical world is at the heart of industrial evolution. Leveraging artificial intelligence to collect and convert industrial data into a digital economy is becoming a crucial focus. The digitization of the physical world is also a prerequisite for the widespread adoption of AI. Historically, economic booms in the 1920s were driven by railways, oil, and electricity, leading to massive wealth creation. Today, as AI becomes a standard application, it holds the potential to unlock significant growth for traditional industries.
For Cheetah Mobile, its 600 million monthly active users form the foundation of its mobile AI strategy. AI helps the company gain deeper insights into user behavior and uncover new usage scenarios. Looking ahead, the company plans to place greater emphasis on robotics. Fu Sheng noted that as the demographic dividend wanes and manufacturing costs rise, the application of advanced technology, supported by data from the physical world, will be essential to address these challenges.
"In the future, the convergence of robots, AI, software, hardware, and services will create major opportunities. China possesses the best software ecosystem, the strongest manufacturing capabilities, and the most promising market conditions. As other countries plan their strategies, China has a strong chance to overtake in niche areas," Fu Sheng said.
Source: Economic Daily
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