Participants interact with an AI-enabled robot during the Summer Davos Forum in Dalian, Liaoning province. (ZOU HONG/CHINA DAILY) As generative artificial intelligence is increasingly applied to a widening range of sectors, more efforts are needed to ensure the safe application of the fast-growing intelligent technology through global governance and cooperation, said renowned experts and entrepreneurs at the 15th Annual Meeting of the New Champions, also known as the Summer Davos Forum, in Dalian, Liaoning province. The application of large language models in industries is key to the development of generative AI technology in China, said Zhu Min, former deputy managing director of the International Monetary Fund, adding that China's AI models are more vertical and application-oriented due to the country's abundant application scenarios.
Generative AI refers to computer algorithms trained with huge amounts of data capable of generating content such as images, text, audio and video in a humanlike fashion. It is the key technology underpinning US-based research firm OpenAI's ChatGPT. Xue Lan, dean of Schwarzman College and dean of the Institute for AI International Governance at Tsinghua University, emphasized that people's willingness to use AI, research capabilities and the establishment of an AI ecosystem led by businesses are critical elements driving the growth of the AI-powered economy.
Although AI generates huge benefits, it also brings about various problems, so Xue call.
