Hidden behind a $25 trillion transformation, the Bund Conference's "Cafe" has opened again: Behind the "Fuxi" of fortune telling
Three years ago, the main forum of the first Bund Conference started with a cup of coffee discussing the development of financial technology. Yesterday, the "Cafe" of the main forum of the Bund Conference opened again, and Chinese and foreign academicians and industry leaders gathered together, discussing cutting-edge technology from financial technology, discussing the dividends brought by AI technology, and reflecting on the hidden worries brought by AI.
The dividend of the AI industry has just begun
Before the speech, Zhang Renhe, an academician of the CAS Member and Vice President of Fudan University, shared a "new story": on September 1 this year, Fudan University held its first outdoor opening ceremony in 20 years, and more than 16000 new students gathered on the Guanghua Building lawn. But at that time, Shanghai was cloudy and rainy. What if it rained on the day of school? Three days before the start of the school year, the school authorities consulted with Fuxi and he said that it would not rain on September 1st. As expected, the opening ceremony was successfully held outdoors.
Fuxi, who knows how to do divination, is a Fuxi meteorological model developed by Fudan University with 4.5 billion parameters. In just 3 seconds, it can predict global weather for the next 15 days. He also displayed three pictures on site, corresponding to the prediction of the weather on September 1st based on different meteorological conditions, which was completely consistent with the actual results of that day.
"It can be said that AI for science has become one of the hottest topics in the technology industry today. It not only changes our lives, but also brings more possibilities for scientific research." Zhang Renhe sighed.
In fact, not only in the field of scientific research, the application of new technologies in new scenarios will create greater value in the physical field. Zhang Hongjiang, a foreign academician of the National Academy of Engineering in the United States, said that the combination of AI, blockchain, and digital renminbi will bring about a more automated, trustworthy, and effective financial service system in the future. Michael Schelen, Senior Advisor at the Sustainable Finance Center of the United Nations Development Programme, pointed out that the interconnectivity of the Internet of Things and products themselves can enhance credit, promote green financing, and reduce financing costs, creating a more sustainable world.
The industrial dividend brought by AI technology has just begun. McKinsey's China Chairman and Global Senior Managing Partner, Ni Yili, predicts that the technology storm of generative AI is expected to usher in a new round of technological industry transformation related to the next 8-10 years.
"The potential benefits of AI to the global economy will reach $25 trillion, making it one of the most important tracks for all businesses today, but this era has just begun." He gave an example, stating that in the high-tech industry, this technology can create an additional $240 billion to $460 billion in value annually; In the retail and consumer goods sectors, it can reach $240 billion to $390 billion annually; In the entire banking industry, it can reach $200 billion to $340 billion annually. At the same time, he pointed out that generative AI may significantly promote productivity improvement and provide new employment opportunities.
Financial writer Qin Shuo summarized that technology and finance are accelerating their integration and development, and data technology that has been refined in financial scenarios is also accelerating towards various industries. Through industrial cooperation and the use of data technology for lane changing and overtaking, Shanghai may take new steps in building an important hub for global financial payments and cross-border transactions.
Security issues are the other side of the AI dividend
While improving efficiency, AI technology has also brought challenges such as privacy breaches, scientific ethics, and knowledge rights. Especially with the advent of the big model era, security and high efficiency have become the "two sides" of AI applications.
He Jifeng, academician of the CAS Member, pointed out in his speech that the current security problems facing the big model mainly cover two aspects, namely privacy protection and value alignment. "Whether large models will collect, use, and disclose personal information without permission is a problem that the industry is already working to solve." He also stated that users still need large model alignment technology. The so-called "alignment" refers to the alignment of the system's goals with human values, making it in line with the designer's interests and expectations, and avoiding unexpected harmful consequences. "If artificial intelligence is seen as Sun Wukong in Journey to the West, 'alignment' is Tang Sanzang's tight band curse. With the tight band curse, it can ensure that technology will not use its abilities to act recklessly."
Although there are still many unresolved issues in the development of AI technology, such as resource allocation, digital divide, energy consumption, and technological ethics, experts have expressed optimism without exception.
Duan Runyao, who has been engaged in quantum computing research for a long time, believes that the combination of quantum computing and artificial intelligence can efficiently and quickly solve problems that cannot be solved at present. Chen Wenguang, the director of Ant Technology Research Institute, also believes that concerns about artificial intelligence technology are worth paying attention to, but we should first see the positive effects of technology. "Technology is the greatest kindness. We have lived so short in the beginning, lived so long now, worked so hard, and now have more rest time, all of which are brought about by technological progress. When we talk about the risks brought about by technology, it is more about the risks brought about by immature technology."
"I have been teaching machines to do some very simple things, but they always learn the wrong thing or can't learn at all." "Who is learning, you or the machine?" "I think we are all..."
At the end of his speech, He Jifeng quoted a conversation between Turing, the father of artificial intelligence, and his friend. "In fact, both of us are learning that we can guide machines to be more intelligent, but at the same time, we are also learning how to train and guide machines." He said that in the development of AI technology, we must not forget the core role of humans. "AI is our assistant, not our substitute."