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The 223 Digital Expo Investor Conference was held in Guiyang

The investor conference of China International Big Data Industry Expo and the Digital Economy Investment and Financing Alliance were held in Guiyang. With the theme of "attracting gold and gathering talents", the conference invited outstanding industry investors, well-known experts and heads of big data companies to discuss topics such as the future direction of industrial investment and the opportunities and challenges facing the big data industry.

China's digital economy is developing rapidly. The scale of the data industry reached 1.57 trillion yuan, up 18% year-on-year; The scale of the digital economy exceeded 5 trillion yuan for the first time, ranking second in the world.

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

The overall penetration rate of China's digital economy is not high, which puts forward new requirements for structural transformation, so we should pay more attention 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 field of intelligence, faces hard-core technology, solves the short-board problems and links of 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 the big model, unsupervised learning theory breakthrough and basic innovation. 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, the digital economy has been deeply cultivated, and a preliminary industrial layout has been formed. As an important infrastructure of digital economy, with the advent of products such as ChatGPT, the artificial intelligence industry has become hot, and it 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 Ruisheng Technology Co., Ltd. said that various large models in the industry gradually showed a trend of scale expansion, and the scale of parameters basically reached 1 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, cover more and more scenes, and demand more and more data. 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 successively 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, which has set a better development goal for the industry. As the data service industry is rapidly on the right track, it also creates 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 transformation from digitalization to intelligence, and many infrastructures need to be further improved. The rule of law is the core and basic guarantee for economic development. Without the rule of law, nothing can be discussed. " The managing partner of Gaowang Innovation Growth Fund said.