AI Era Has Arrived: Integrating AI into Various Industries
Securities Times reporter He Jueyuan
"'Human-Machine Intelligence ('AI')+'' has already arrived." Zhang Min, a senior expert committee member of the China International Economic Exchange Center and former deputy general manager of the International Monetary Fund, said in his opening remarks at the 2025 Summer Davos Forum, setting the tone for the first day of the forum - whether excited or concerned, AI has already integrated into various industries.
AI is sweeping across various fields with tremendous momentum. Based on a random survey conducted by the reporter at the forum site, many guests' daily lives and work have become inseparable from AI tools. The concerns about AI causing unemployment have been significantly alleviated, as all interviewed guests believe that AI will only lead to short-term job losses, but in the long run, it will create more new employment opportunities.
The widespread use of AI also brings new risks, especially AI hallucinations, which have received widespread attention from guests. "AI is not 100% accurate; there are still errors. We are educating the public not to take everything as factual." said Drew Proppsen, head of financial services technology and innovation at the World Economic Forum, in an interview with the reporter. The discussions on site included sharp topics, such as when AI is widely used in healthcare, public security, etc., AI hallucinations may cause judgment errors that harm humans. In this context, who will be held responsible?
AI hallucinations, privacy breaches, etc. ultimately stem from the fact that AI is not smart enough, algorithms are not complete, and computing power is not sufficient. Currently, AI technology has made significant progress, but there are still many deficiencies in actual applications. AI hallucinations may lead to incorrect decisions, while privacy breaches can lead to serious social problems. The existence of these issues not only limits the wide application of AI but also receives widespread attention from all walks of life.
To solve these problems, it is necessary to combine hardware and software, improve AI algorithms, build more hardware infrastructure, and make AI more accurate. In this regard, China has undoubtedly taken the lead. The combination of hardware and software is an important link in China's economic and technological development. China's vast pool of engineers, a consumer market of 1.4 billion people, and a series of supporting policies have all laid a solid foundation for China's rapid development in AI. Zhang Min predicts that China will give birth to hundreds of products similar to DeepSeek in the future. As hardware infrastructure continues to improve and software functions continue to develop, every industry will undergo profound changes.