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Upgrading the Economy with China’s ChatGPT Technology: Limitations and Possibilities

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China's tech giants such as Baidu, Alibaba, and Tencent are developing chatbot technology, including ChatGPT. However, compliance issues, computing power limits, and costs present significant hurdles to the wider adoption of the technology, as Xiao Xiupeng a VP at Xiao-i, a Nasdaq-listed AI firm, pointed out at the Shanghai AI Conference. There are opportunities for leveraging larger language models in specific sectors. Smaller AI models, in symbiotic ecosystems, could help companies progress their goals. AI can also offer benefits to the manufacturing sector in areas such as digital transformation, but issues remain for ChatGPT.
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