Experts see profound changes ahead

A1 Computer chips are expected to make remarkable progress as China sees the significance and the urgency of acquiring the ability to develop chips on its own, amid the complex situation between China and the United States.

Many companies have announced their heavy investment and research into computer chips; in the meantime the government is encouraging local companies to put more effort in the field with new policies coming out.

As an AI company, we invested in AI chip company Thinkforce in 2017. A self-developed chip will be ready at the end of the year.

A2 In China, you can see how the internet and innovation have profoundly changed and interacted with people's lives in every way. New ideas have been encouraged to emerge, which are soon trialed and then widely used.

In this innovation-driven country, most companies are looking for ways to have leading technology and innovation engaged in their business.

Automation will be seen in more and more work scenarios, dramatically increasing efficiency and freeing up people from repetitive, dull work to do jobs where their innovation and talent can be applied. All the traditional industries are facing complete reform and upgrading through emerging new technologies.

A3 An internet nation requires the fast development of network infrastructure nationwide, a massive group of people who are active network users and a positive open attitude to new technologies.

In over 20 years, China has seen the arrival of well over 700 million active network users who are now in the habit of communicating, shopping and surfing on the internet with their mobile phones. They are open to and demanding of new technologies that can make their lives more convenient.

This encourages companies to be innovative, to create new applications or reform traditional industries with new technologies. China has many examples that prove that it has the drive to innovate business models with the help of the internet.

A4 The rapid advancements in internet of things technology are already beginning to shape the cities of tomorrow, and people are benefiting from the substantial improvements.

The transformation has been taking off thanks to the growing strong computing ability to collect massive amounts of data and the development of the wireless network.

We believe the progress in intelligent healthcare in the past year is worth watching. Yitu has been working with over 100 top-ranked hospitals to apply AI technology to clinical work flows, helping doctors read countless CT scans to make their diagnoses. It benefits both doctors and patients to increase efficiency and have a more accurate diagnosis. In the future, we believe AI's development in healthcare will have a far greater positive impact on more people.

A5 Artificial intelligence has already gained a strong momentum in being applied in people's lives, as well as revolutionizing more and more industries, as its research and development deepens. With the technology improving, AI is gradually increasing its impact on the world as it will be used in more business scenarios.

To be specific, we believe natural language processing will be the disrupter - as more research focuses on training machines to understand longer and longer context and dialogue, to fully interact with humans in the future.