Get ready, telecom world! 🚀 Artificial Intelligence (AI) is set to supercharge the telecom industry by a whopping $680 billion over the next 15 to 20 years! 💰 That's according to John Hoffman, CEO of the Global System for Mobile Communications Association (GSMA), who dropped this exciting news at the 2024 World Internet Conference Wuzhen Summit in China on Wednesday.
Quoting a McKinsey report, Hoffman highlighted how AI is emerging as a powerful force that's poised to transform businesses and societies like never before. 🤖✨ \"About 81% of telecom operators globally are testing generative AI solutions,\" he noted. And guess who's leading the charge? Chinese operators! 🇨🇳 With massive investments, strong government support, and a booming tech landscape, they're making waves in the AI scene.
Major players like China Mobile, China Telecom, and China Unicom are already making huge strides in AI research and applications. Their innovative solutions are shaking up public services, supply chains, and healthcare. 🏥🚚🌐
For instance, an intelligent computing service platform was launched in northwest China to assist local flood control efforts. 🌊⛑️ Meanwhile, an AI database in the southwest is dedicated to preserving and promoting cultural diversity. 🎭📚 How cool is that?
But the impact isn't just local. Hoffman shared that, across the globe, over 150 million people could see their lives improved by mobile big data and AI solutions in the next five years. 🌍💡 That's a whole lot of positive change!
Of course, with great power comes great responsibility. 🕸️ Hoffman emphasized the need for ethical and sustainable development of AI technology. It's essential to balance the incredible opportunities with thoughtful considerations to ensure AI benefits everyone. 🤝💚
The summit, themed \"Embracing a People-centered and AI-for-good Digital Future: Building a Community with a Shared Future in Cyberspace,\" runs until Friday. Stay tuned for more tech tidbits! 📡🔮
Reference(s):
cgtn.com
