December 26, 2023
BEIJING – This year, the ChatGPT, or Chat Generative Pre-trained Transformer, set off a new wave of artificial intelligence usage. As generative artificial intelligence is more and more used widely, the technology is generating a buzz in the world.
Especially, the large language model breakthrough and the generative AI provide advanced production tools for enterprises to achieve product and process innovation, lead enterprises and industries into a new stage of intelligent innovation, as well as change people’s work and life.
Business magazine Forbes said the global AI market size is projected to expand at a compound annual growth rate of 37.3 percent from 2023 to 2030, and is expected to contribute $15.7 trillion to the global economy by 2030.
Another report from the market consultancy IDC said China’s AI market size will reach $14.75 billion in 2023, with the figure expected to hit $26.44 billion in 2026.
Let’s take a look at how AI is changing people’s lives.