🚀 Artificial intelligence (AI) could add a staggering $680 billion to the global telecommunications industry over the next 15-20 years, according to GSMA Ltd. CEO John Hoffman. The prediction, based on a McKinsey report, was unveiled at the 2024 World Internet Conference Wuzhen Summit in east China's Zhejiang Province.
💥 Hoffman highlighted China's leadership in the AI race, noting that 81% of telecom operators worldwide are testing generative AI tools. \"Chinese operators like China Mobile, China Telecom, and China Unicom are transforming everything from healthcare to disaster response,\" he said. Think AI-powered flood control systems in northwest China and cultural preservation databases in the southwest! 🏔️📚
🌏 Beyond tech gains, Hoffman emphasized ethical AI development as crucial. With mobile data and AI potentially improving lives for 150 million people globally by 2029, he urged balancing innovation with responsibility.
🤖 The summit’s theme—\"Embracing a People-centered and AI-for-good Digital Future\"—mirrors growing calls to harness AI as a force for inclusive progress. Stay tuned as the digital revolution unfolds! 🔍✨
Reference(s):
cgtn.com