AI applications are a key force to promote economic development
<div class="top_con"><p id="nrxqing"><p></p><p>On November 12th, at the Baidu World 2024, Robin Li, the co-founder of Baidu, delivered a keynote speech titled "Application are here". In his speech, Robin said that “Baidu isn’t aiming to launch a ‘super app’; instead, we aim to help more people and businesses create millions of ‘super useful’ apps”, reflecting the key to AI application lies in its practicality.</p><p></p><p style="text-align: center;"><br><br>http://xghaiwai.oss-cn-hongkong.aliyuncs.com/uploadfile/2024/1118/1731910870448104.png<br></p><p style="text-align: center;">Robin Li, Co-founder, Chairman, and CEO of Baidu, speaks at Baidu World 2024</p><p></p><p>Similar to the Industrial Revolution, AI now is creating a new era of global technological innovation unprecedentedly. Regarding the AI industry, the unique advantage of the Chinese market lies in its focus on real-life use cases. Although there are lots of large language models (LLMs) available in China, users are more concerned about the product-market fit (PMF). As of early November, Baidu’s ERNIE Foundation Model has reached over 1.5 billion daily calls—a 30-fold increase from the 50 million reported last December. This surge reflects the rapid growth and demand for advanced AI applications. </p><p></p><p style="text-align: center;"><br><br>http://xghaiwai.oss-cn-hongkong.aliyuncs.com/uploadfile/2024/1118/1731910888638805.png<br></p><p style="text-align: center;">ERNIE's daily API calls reach 1.5 billion by early November 2024</p><p></p><p>In the future, AI applications will become a key force in driving the economic development to be more inclusive and high-quality, and this trend is closely aligned to the global technological development.</p><p></p><p>By / Eric Maskin (Nobel laureates in Economics )</p><p></p></p>
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