The 20th Summer Annual Conference of Yabuli Entrepreneurs 2024 | Liu Cong from iFLYTEK: Cultivating New Scenarios and Exploring Commercialization Paths for Large Models

On August 30, the 20th Summer Annual Conference of Yabuli Entrepreneurs 2024 was officially held in Guangzhou. Themed " Fostering New Quality Productivity and Driving High-Quality Development", the event brought together hundreds of renowned entrepreneurs from companies such as New Oriental, New Hope, Skyworth, TCL, and Micro Connect, to share experiences, exchange ideas, discuss collaborations, and contribute wisdom and strength to promoting high-quality economic development.

On the opening day, Liu Cong, Vice President and Dean of the Research Institute at iFLYTEK, was invited as a representative of China's technology sector to participate in a roundtable forum titled "Large Models: Technological Revolution and Industrial Applications". He engaged in discussions with private entrepreneurs on the commercialization and industrialization of large models. Additionally, on the morning of August 31, Liu Cong was invited to join Yu Minhong in the East Buy livestream for an in-depth conversation, exploring the specific application scenarios of large models in daily life.

Broad Application Scenarios of Large Models in the B-End Market

How can large models generate sustainable revenue? Liu Cong proposed three primary directions: Firstly, through API interface services. Currently affected by "price wars," a low-price strategy can be used to cultivate user habits. In the future, with the iteration of more efficient models, greater commercial value will be generated. Secondly, based on the underlying capabilities of large models, software and hardware applications such as AI search applications, text-to-image software, code assistants, and teacher assistants can be developed. Simultaneously, the integration of software and hardware can be strengthened to enhance products like learning machines, notebooks, and all-in-one machines through increased product value, thereby driving sales. Thirdly, in the B-end (large enterprise) market, large models, when combined with industries, become the foundation of enterprises, serving as the intelligent central hub for enterprise digitalization. By reducing costs and increasing efficiency in various enterprise scenarios, they further assist enterprises in providing better customer and user services.   

In Liu Cong's view, the application potential of large models in the B-end enterprise market is enormous. At the opening ceremony, he shared a cooperation case between iFLYTEK and China National Petroleum Corporation - the Kunlun large model, which is also the first large model in China's energy and chemical industry to be approved for filing. Liu Cong believes that in the future, large models will be able to help enterprises solve more complex problems and improve the actual effectiveness of enterprise operations.

iFLYTEK has consistently focused on improving the capabilities of its underlying large models on a self-developed and controllable basis, continuously expanding to multi-modal applications.

Livestream Chat: Exploring the Broad Applications of Large Models with AI "Black Tech"

On August 31, Liu Cong and Yu Minhong, the founder of East Buy, had an in-depth discussion on AI, large models, and their applications in daily life on the East Buy Douyin livestream.

"As a crucial component of AI, large models, with their massive parameter scale and cross-domain versatility, are profoundly transforming our lifestyles," Liu Cong mentioned. He highlighted that large models can not only handle complex language tasks such as writing articles and translating documents but also play a significant role in various fields including healthcare, education, and automotive.

This "livestream interview + product promotion" event showcased the perfect integration of technology and commerce. iFLYTEK believes that future life will become even better thanks to AI.