On August 30th, Frost & Sullivan (Frost &The 18th Frost & Sullivan China Growth, Innovation and Leadership Summit & 3rd New Investment Conference (hereinafter referred to as The AI-Driven Digital Economy Sub-forum of the '2024 Frost & Sullivan New Investment Conference' was held in Shanghai.
At the sub-forum, Fu Boyan, President of the Big Data Sub-committee of the China Information Association, was invited to deliver a speech. President Fu Boyan extended a warm welcome on behalf of the China Information Association to the guests, industry colleagues, experts, and scholars present. He pointed out that driven by the global digital wave,The deep integration of AI and big data is leading economic development into a new phase, giving rise to unprecedented business opportunities and social changes.
President of Big Data Branch of China Information Association Fu Boyan
The following are the key points of President Fu Boyan's speech:
President Fu Boyan specifically mentioned,As the core of new-generation information technology, AI, combined with big data, is demonstrating tremendous application potential in multiple fields such as intelligent supply chains, precision marketing, personalized services, and smart cities. This not only improves operational efficiency but also plays an important role in enhancing user experience and optimizing resource allocation. As a pioneer in global AI practice, China is building a vibrant digital economy ecosystem through policy support, corporate innovation, academic research, and public participation.
President Fu Boyan further pointed out that,Behind the rapid development of AI, data, as the 'fifth element' of the digital economy, has seen its value greatly amplified by the advancement of AI. Data has not only changed production and lifestyle but also played a key role in social governance. However, President Fu Boyan also clearly recognizes that there are still many challenges in the commercialization process of AI and big data, such as data security and privacy protection, algorithm transparency and fairness, industry standards and regulatory construction. He calls on all parties in the industry to work together to ensure the harmonious coexistence of technological progress and social fairness.
President Fu Boyan finally stated that he is full of expectations for the successful conclusion of this forum and hopes to work together with all sectors of the industry with an open mind and a spirit of cooperation, to jointly embraceOpportunities and challenges brought about by AI and big data, jointly creating a bright future for the digital economy.
