Robin Li, Founder and CEO of Chinese search engine giant Baidu, has said that in the next 10 years, people would be less and less dependent on mobile phones, and when Artificial Intelligence (AI) becomes common, smartphones may become outdated.
“Because, wherever you go, there will be surrounding sensor infrastructure that can answer your question and that can serve you. So, you don’t have to pull out your mobile phone,” he said in a talk at IIT Madras’s tech fest, Shaastra 2020, titled “Innovation in the Age of Artificial Intelligence”.
According to him, the next decade will be an intelligent economy powered by AI. This is in contrast to the decade that has just passed when people were more dependent on mobile phones for everything right from payments, food delivery, retail to ride-hailing.
AI is transforming many sectors, including banking, insurance, customer services, education and pharma. Banks which find it difficult to open physical branches can now use virtual assistance to help customers open accounts. AI will also be useful in telecom industry, wherein it will enable customers to choose a suitable tariff plan in quick time, he noted.
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Baidu is looking to work with Indian institutions in future to make a better world through innovation, he said. “India is one of the fastest-growing smartphone markets in the world and it is a very large developing country next to China. Both countries have seen fast growth in the last few decades and over the next decade, there will be more opportunities for us.”
He believes that once in the age of AI, search will be very different from what is seen today.
Founded in January 2000, Baidu is now China’s largest search engine with over 70 per cent market share. China is among the four countries globally — alongside the US, Russia and South Korea — to build its own core search engine technology.
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