The hottest technology dividend is gradually showi

2022-08-15
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Technology dividends are gradually showing. Artificial intelligence promotes Baidu's jump growth in 2018

on February 22, baidu released its unaudited financial reports for the fourth quarter and the whole year of 2018. According to the data, Baidu's revenue in this quarter was 27.2 billion yuan (about 3.96 billion US dollars), exceeding Wall Street's expectations, with a year-on-year increase of 22%. Its net profit was 2.1 billion yuan (about 303 million US dollars), and its total revenue in 2018 was 102.3 billion yuan (about 14.88 billion US dollars)

the annual revenue data of more than 100 billion yuan has been published as early as after new year's day, and there is no suspense about the financial performance. It is worth noting that Baidu has repeatedly mentioned artificial intelligence in its financial statements. The driving force of artificial intelligence has become an industry consensus. In the latest technology outlook 2019 released by Accenture, distributed ledger technology, artificial intelligence, pan reality and quantum computing (darq) are emerging technologies that will lead to the next stage of change and reshape various industries. 42% of Chinese enterprise respondents said that in the next three years, artificial intelligence will have the greatest impact on their enterprises, far exceeding several other darq technologies. Different from the innovation of business model in the era of consumer interconnection, technology has become a key factor in this new change

use its strength to resist the traffic of the Spring Festival Gala and improve the user experience of the C-end market

in the just concluded 2019 CCTV Spring Festival Gala red envelope interaction, Baidu has integrated AI gameplay, and has always maintained stable service in the face of the huge interaction volume of 20.8 billion global users. It is known as the first Internet company to resist the top traffic of the Spring Festival Gala, and its technical ability has been recognized by the industry again

deep technical internal skill comes from long-term cultivation. Baidu has laid out its layout long before AI became a hot word for economic development, and has accumulated deep experience in AI core technologies such as deep learning. The first technology trend report released by the World Intellectual Property Organization (WIPO) recently shows that Baidu ranks second in the world in the number of patent applications in the field of in-depth learning (the first is the Chinese Academy of Sciences, a scientific research institution also from China), surpassing International Ai giants such as Google, Microsoft and IBM with the same layout of artificial intelligence, and ranking first among global enterprises

it has been Baidu's long-term goal to apply the technology of ji4 ball experimental machine, which belongs to friction and wear experimental machine, to the C-end market and improve the user experience

it is reported that Baidu and iqiyi have jointly launched a hybrid Ott set-top box "shuxiaoguo" with Sichuan cable TV, which uses artificial intelligence to improve the home entertainment experience. This is the second AI set-top box launched by Baidu after the launch of Gehua Xiaoguo at the beginning of this year

the great potential of AI in improving the C-end experience is far from that of zigzag attachments and shear attachments. China's short video market is growing and will further expand in the 5g era. Users' interest in short videos continues to increase. Baidu uses artificial (1) to intelligently mark video content according to the technical requirements of various springs, elastomers, and elastic components, and personalized distribution according to user preferences, effectively improving the user experience

b-side AI market space is huge

in addition to the layout of artificial intelligence in entertainment, there is also a huge application space in the B-side market

Baidu AI industry application manual released at Baidu world conference last year introduced Baidu intelligent customer service. Baidu cooperates with China Eastern Airlines, Guangdong power and China Unicom to promote the development of intelligent customer service. According to the "Research Report on China's intelligent customer service industry with limited travel of Zhongyu experimental machine (when the experimental machine is equipped with standard fixtures)" released in May 2018, customer service robots are replacing manual customer service at a proportion of 40%-50%. At present, there are about 5million full-time customer service in China, calculated according to the annual salary of 60000 yuan, plus hardware equipment and infrastructure, the overall scale is about 400billion yuan. Cloud customer service accounts for less than 1% of the market, which means that technology companies represented by Baidu have the opportunity to create considerable value

the technology demand of the government is also promising. Seizing the new AI opportunities in enterprises and government departments will undoubtedly greatly help Baidu expand its business from search to the fast-growing consumer market. Last year, baidu cloud dynamic portrait checkpoint system was applied to the actual police scene by Suzhou Public Security Bureau, showing the application of intelligent technologies such as biometric extraction technology, video image technology, big data retrieval and processing in the field of public security

compared with the migration of consumption patterns and scenarios, traditional industries need more technological changes. When the demographic dividend and consumption dividend are exhausted, it is inevitable for TMT enterprises to turn to industrial interconnection to seek new development opportunities. At the same time, as a fundamental industry related to the national economy and the people's livelihood, traditional industries also need technology to improve efficiency, so as to rewrite the background of China's economic development

Baidu, which is good at technology, may usher in leapfrog development in this broad and far-reaching new industrial transformation

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