2021年11月27日

Yang Yuanxi, co-founder of Kuaishou Technology: Digital economy to create commercial value to create social value

On November 25, the 2021 China Online Media Forum Industry Forum was held in Guangzhou. With the theme of “Steady progress and Long Journey”, this conference brings together industry experts, scholars and enterprise representatives to discuss the healthy development of China’s online media industry. Yang Yuanxi, co-founder of Kuaishou Technology and chairman of content Security Committee, attended the conference and delivered a keynote speech.

The mobile Internet has grown by leaps and bounds in China over the past decade. In the 5G era, the integration of the Internet of Things, artificial intelligence, big data and cloud computing has become a new generation of digital infrastructure, driving the rise of the digital economy. The Internet has been fully integrated into economic and social development and people’s work and life.

“The digital economy has profoundly affected all walks of life. It is both a challenge and an opportunity.” Yang Yuanxi said in his speech at the main forum that the future industrial transformation will be prominently reflected in three directions: new forms and models of business based on digital economy will flourish; Intelligence will be the general trend, virtual reality integration for the new scene; Digital economy should create not only commercial value, but also social value.

The connection mode, interaction mode and transaction mode of consumer Internet create new scenes and new demands, and also promote the accelerated transformation of supply side and production side. The digitalization of real economy and the reshaping of industrial value chain are giving birth to more and more new forms and models of business.

In line with the changing direction of digital economy, Kuaishou will launch AI open platform, integrate AI core technologies into industrial solutions, and provide support and services for the transformation and upgrading of all walks of life, including the media industry.

The digital economy is a new driving force and a new productive force. But at the same time, the digital economy should also develop in an orderly and sound way, which is also an important direction of the transformation of the digital economy.

“In the end, the digital economy is to empower people and provide affordable, useful and well-used digital infrastructure, products and services to all. It requires great efforts to narrow the digital divide and create greater social value.” Yang Yuanxi said that both platforms and individuals are the creators of digital ecology and digital space. They should not only seize the opportunity to develop, but also protect the fireworks of the human world.

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