This Sunday, August 05, 2018, an event was inaugurated that serves as a bridge between the technological giants of the American and Chinese world, such as the Innovation Decoding Conference in Silicon Valley 2018; annual event that attracted more than 700 speakers from newly created companies in the United States technological cradle and prestigious universities in this branch.
CEOs, investors, researchers and entrepreneurs of large Chinese high-tech companies such as China's largest online retailer JD.com, the Baidu search engine, China's leading retail sales conglomerate, Internet, artificial intelligence and the Alibaba Group, the largest Chinese travel-sharing operator Didi, and major US companies, including IBM and Google, as well as Stanford University, exchanged their views on technological innovation
Participants discussed extensively on topics related to blockchain technology (Blockchain), including investments; and about Artificial Intelligence; which are very important for investment forces.
Chen Zhang, chief technology officer, said that artificial intelligence has played an important role in JD.com's strategy for the development of intelligent logistics driven by autonomous trucks and autonomous delivery robots, automated warehouse and supply chain.
JD.com is the third largest Internet company in the world and uses big data based on artificial intelligence to redesign products and supply lines.
On the other hand, big data technologies are used to recommend desirable products to customers who prefer healthy and organic foods, said the technology director.
Sumit Gupta, vice president of IBM's Cognitive Systems business unit, said that artificial intelligence technology is widely used in companies, which account for 20 to 30 percent.
Gupta said that currently, many companies are adopting open source artificial intelligence software and about 60 percent of them use resources in the cloud in facilities enabled by artificial intelligence because most of the data is in facilities or stored in computers located in the buildings of these companies.
"We have heard that a lot of work is done in the cloud based on artificial intelligence in companies like Google, Amazon, Microsoft and IBM," he said.
Gupta said that artificial intelligence technology has been used in a wide range of areas such as traffic monitoring in the streets or even in pipeline inspection in oil and gas plants.
Gas pipeline inspectors "fly drones over their pipelines and analyze the video images to detect cracks in the gas pipelines. It turns out that after 25 minutes, most of the humans who watch the video have an error rate of 50 percent, "he said.
"In other words, they get tired and after 25 minutes they can not watch more videos," Gupta emphasized, but artificial intelligence does not get tired, and greater precision means greater security.
The one-day event was organized by PingWest, a leading Chinese online media technology company whose audience is the Greater China region that includes the Chinese mainland, Taiwan and Hong Kong.