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JPMorgan Chase CEO Dimon: The influence of artificial intelligence technology is comparable to that of a steam engine, "it can help almost all jobs" [with analysis of the development trend of the artificial intelligence industry]

author:Qianzhan Network
JPMorgan Chase CEO Dimon: The influence of artificial intelligence technology is comparable to that of a steam engine, "it can help almost all jobs" [with analysis of the development trend of the artificial intelligence industry]

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In recent years, artificial intelligence has become a hot track, especially in the field of AI large models. With the continuous improvement of big data and computing power, the application scope of AI large models continues to expand, bringing breakthroughs in speech recognition, natural language processing, image recognition and other fields. The rapid development of these technologies has greatly promoted the development of artificial intelligence technology beyond expectations.

On April 8, JPMorgan Chase CEO Jamie Dimon listed AI as the first topic in his annual shareholder letter. "While we're not yet sure the full impact of AI on our business, and how fast; It is also not known how it will affect society as a whole. But we are fully convinced that its impact is extraordinary. ”

Dimon said artificial intelligence (AI) could be the biggest problem his bank is grappling with. Dimon compared the potential impact of AI to that of a steam engine and said the technology "can help with almost everything."

"We are fully convinced that this will have extraordinary consequences that may be no less transformative than some of the major technological inventions of the past few hundred years," Dimon said in the letter. "Think of the printing press, the steam engine, electricity, computers, the Internet, and so on.

Looking back at the development of the artificial intelligence industry from "JPMorgan CEO talks about the importance of artificial intelligence technology":

-- The artificial intelligence industry is in a stage of rapid development

Compared with the development process of international artificial intelligence, the mainland artificial intelligence industry started late, germinating in 1978. With the rapid development of the Internet and the iterative update of technology, the artificial intelligence industry has gone through a period of exploration and growth in the past nearly 20 years, and is currently in a stage of rapid development. The 13th Five-Year Plan for National Science and Technology Innovation issued by the State Council in 2016 clearly mentions that artificial intelligence will be listed as a major scientific and technological project at the national strategic level. In 2020, the "14th Five-Year Plan" pointed out that artificial intelligence, as an important part of the construction of "new infrastructure", will be the core driving force of a new round of industrial transformation, shouldering the goal of promoting the transformation and upgrading of the trillion-dollar real economy industry.

JPMorgan Chase CEO Dimon: The influence of artificial intelligence technology is comparable to that of a steam engine, "it can help almost all jobs" [with analysis of the development trend of the artificial intelligence industry]

——Artificial intelligence has a wide range of application scenarios

In recent years, artificial intelligence technology is being applied to different scenarios, mainly including security, finance, transportation, logistics, healthcare, retail and other fields. Due to the different levels of scenario complexity, technology maturity, and data disclosure, the penetration of AI technology in each scenario is also different. According to IDC data, the top five industries in terms of application penetration in Chinese's artificial intelligence industry in 2022 are the Internet, finance, government, telecommunications and manufacturing, among which the growth rate of artificial intelligence applications in the financial and telecommunications industries is more obvious.

JPMorgan Chase CEO Dimon: The influence of artificial intelligence technology is comparable to that of a steam engine, "it can help almost all jobs" [with analysis of the development trend of the artificial intelligence industry]

——Analysis of the development trend of the artificial intelligence industry

With the continuous evolution of artificial intelligence technology, artificial intelligence has been applied to all aspects of people's daily production and life. At the same time, the risk of AI has caused widespread concern, so the need for safe and trustworthy AI technology has increased to an unprecedented height, and the development of reliable and controllable AI has become a global consensus. On the other hand, with the improvement of the digitalization process of traditional industries, massive data and rich application scenarios will be provided, opening up new space for the application of artificial intelligence and further integrating it with all aspects of society.

JPMorgan Chase CEO Dimon: The influence of artificial intelligence technology is comparable to that of a steam engine, "it can help almost all jobs" [with analysis of the development trend of the artificial intelligence industry]

According to the analysis of the Prospective Industry Research Institute, benefiting from the common development of algorithms, data and computing power, the application of artificial intelligence has gradually matured, which has not only given birth to new markets, but also injected vitality into the development of traditional industries. It is estimated that the scale of the mainland artificial intelligence market will exceed 600 billion yuan in 2024, and it is expected to exceed the trillion mark in 2029. Artificial intelligence will help traditional industries reduce costs and improve efficiency, so as to realize the intelligent upgrading of the industry.

Elon Musk, CEO of Tesla and SpaceX, predicts that at the current rate of technological progress, AI could surpass humans in intelligence by 2030, and the technology could even end humanity. However, instead of being pessimistic about the future, he emphasized that AI has the potential to bring a better future to humanity through positive guidance.

Prospective Economist APP Information Group

For more research and analysis of this industry, please refer to the "Chinese Artificial Intelligence Industry Development Prospect Forecast and Investment Strategic Planning Analysis Report" of the Prospective Industry Research Institute.

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