The 2023 Digital Expo Investor Conference was held in Guiyang

China International Big Data Industry Expo Investor Conference and Digital Economy Investment and Financing Alliance were held in Guiyang. With the theme of "attracting talents", the conference invited outstanding industry investors, well-known experts and heads of big data companies to discuss the future direction of industrial investment, opportunities and challenges faced by the big data industry.

China's digital economy is developing rapidly. The scale of the data industry reached 1.57 trillion yuan, a year-on-year increase of18%; The scale of digital economy exceeded 50 trillion yuan for the first time, ranking second in the world.

The government work report proposes to vigorously develop the digital economy, speed up the digital transformation of traditional industries and small and medium-sized enterprises, and strive to improve the level of high-end, intelligent and green. In his speech, Party Secretary and Chairman of China Internet Investment Fund Management Co., Ltd. said that the integration of digitalization, intelligence and greening has become an important direction for future economic and social development, and new space for investment and development has been sought.

The overall penetration rate of digital economy in China is not high, which puts forward new requirements for structural transformation, and more attention should be paid to the driving factors of data innovation. The construction of computing infrastructure and the integrated development of production systems also bring development opportunities.

China Net Investment focuses on the investment in the intelligent field, faces the hard-core technology, solves the short-board problems and links of the stuck neck, supports the innovation of intelligent algorithm platform, and deeply lays out the general algorithm framework of AI vision, voice and natural voice processing. Pay attention to big model, theoretical breakthrough and basic innovation of unsupervised learning. Pay attention to the layout of computing data infrastructure, focus on investing in AI chips for new computing, and high-quality growth enterprises in the fields of special computing and general computing. Through the above investment measures, we will deepen the digital economy and initially form an industrial layout. As an important infrastructure of digital economy, with the emergence of products such as ChatGPT, the artificial intelligence industry has become hot, which has also promoted the rapid development of artificial intelligence models.

This also brings more challenges to the healthy development of the big data industry. The chairman of Beijing Haitian Shengrui Technology Co., Ltd. said that various large models in the industry gradually showed a trend of scale expansion, and the parameter scale basically reached 100 billion.

There are even some models whose parameters have approached the trillion level. At present, the difficulty of each link, whether it is database design, collection or labeling, is increasing significantly, which brings more challenges to data service enterprises. Large-scale models require higher and higher data accuracy, more and more scenes are covered, and the demand for data is increasing. At the same time, the demand for data is becoming more and more complex, and the required standards are getting higher and higher.

But opportunities and challenges coexist. She believes that data security is an important guarantee for the sustainable development of the industry. In recent years, the state attaches great importance to the development of data security, and has promulgated laws and regulations such as the Data Security Law and the Personal Information Protection Law.

The policy and legal environment are in line with the development of the whole industry and set better development goals for the industry. With the rapid development of the data service industry, it has also created better development opportunities for enterprises that meet policies and regulations.

"The big data industry has just begun. At present, human beings are in the initial stage of digital to intelligent transformation, and many infrastructures need to be further improved. The rule of law is the core and basic guarantee of economic development. Without the rule of law, nothing can be said. " The managing partner of Gaowang Innovation Growth Fund said.