CHINA DAILY Friday, November 9, 2018
17WORLD INTERNET CONFERENCE
By CHENG YU in Wuzhen, [email protected]
On Nov 8, a smartly dressednews anchor spoke to a conference hall in Wuzhen, Zhejiang province.
But while he might havelooked and sounded like a human presenter, it was in facta wholly digital reconstruction, developed by the Chineseinternet company Sougou and Xinhua News Agency.
Thanks to artificial intelligenceenabled voice technology, the virtual anchor can produce humanlike visual and voice news reporting, from scripts fed into it.
In China, AI is beingincreasingly rolled out in fields including education, manufacturing, finance, healthcare and autonomous driving.
The push comes as part ofChinese efforts to developthe AI sector. Policymakershave said that acceleratingAI’s development is key ifChina is to seize the opportunities presented by the nextround of technological revolution and industrial transformation.
The country aims to grow itscore AI industries to over 150 billion yuan ($21.6 billion) by 2020, 400 billion yuan by 2025, and 1 trillion yuan by 2030.
Shen Nanpeng, foundingand managing partner of Sequoia China, noted at the ongoing Fifth World Internet Conference that new technologies are helping different industries to transform and upgrade.
“Not only internet companies, but also traditional industries including education are in need of internet tools and solutions,” he said.
It is not surprising that firmsare exploring the use of AI in teaching. Online education is a huge business in China — sales revenue accounted for 281 billion yuan last year, and is expected to rise by another 24 percent this year.
Zhu Qing, a 39yearoldengineer from Beijing, said she is already seeing the impact that AI is having. A pen, an eraser and an exercise book were all she could use when doing her homework 30 years ago. But when it comes to her 9yearold daughter, it istotally different.
The secondgrade primaryschool student does most ofher exercises on an onlineapplication. Once finished,the app immediately corrects all the mistakes and iseven able to offer tips for
future studies.Homework, which for previ
ous generations was a chore, has now become a more efficient and much happier task thanks to the fasterthanexpected development of technologies in the education sector.
In addition, AI is offeringmore possibilities as livestreaming classes have become another major trend of online education.
VIPKid has built up its business in China by offering children oneonone English tutoring online, enabling 500,000 children to learn
English from 60,000 teachers based in North America.
In addition, two years ago italso launched Lingo Bus, a platform teaching Chinese children overseas.
The company is planning toset up branches and expand both its English and Chinese teaching business in 10 cities abroad including Seoul, Tokyo, London, Singapore, Madrid and Buenos Aires overthe next three years.
“To make a worldclassproduct will be a competitive advantage for a Chinese company, and will also be beneficial for children and parents
across the world,” said Mi Wenjuan, founder and CEO of VIPKid, during this year’s World Internet Conference.
Liu Jiehao, an analyst atconsultancy iiMedia, said government support, technological progress and a cultural emphasis on education have all contributed to a burgeoning online education market in China.
China has always identifiededucation as a top priority. Since 2016, the government has been investing over 3 trillion yuan a year in education. This accounts for around 4 percent of GDP.
Though this combination offactors has given the country’s online education a boost, analysts say Chinese parents are the key driver.
Jing Zhiqiang lives in Beijing. He is 42 and father to a 9yearold son. He spent 10,980 yuan for a set of 72 classes for his child who attends four classes a week on an online education platform.
The family spends 2,400yuan per month for an online English course. That’s half of Beijing’s average percapita monthly disposable income of around 4,800 yuan.
For Jing, the main reasonbehind choosing the online course is that his child can take oneonone personalized tutoring from native English speakers.
“Also, homebased tutoringis a great relief for both my wife and me as we don’t have much time to send and collect the child to and from tutoring institutes,” said Jing. “Particularly in Beijing where the traffic is often terrible, we actuallysave a lot of road time ... Time is money, isn’t it?”
Not only startups areinvolved, as traditional companies like TAL Education Group and Sunlands Online Education Group are also establishing a major presence in online education.
TAL showcased its latesttechnology products andonline solutions duringthis year’s World InternetConference, including avirtual reality product,which allows students to
study in a digital world.The company’s online
courses also integrate with thelatest AI technologies. These can help recognize and analyze student responsiveness, as well as their ability to grasp lessons, which could help teachers adjust their teaching methods.
“The company is striving toadvance education through technology, hoping to build a largescale, lowcost and highquality online education experience,” said Bai Yunfeng, president of TAL Education Group.
Sunlands, another leadingeducation company, is leveraging Mini Programs, part of Tencent’s WeChat inapp function, to offer quickstudy products. Students can take advantage of small chunks of time to study, either during the break or on the subway.
Liu Botong, CEO of Sunlands, said at the sidelines of this year’s World Internet Conference that some educational apps are full of advertisementsand complicated functions, and users often struggle to navigate them.
“Through Mini Programs,we aim to help users utilize theproduct in the shortest time possible since we believe that agood product should be one that can help save time,” he said.
Online education isn’t onlyrestricted to basic classes but also has interestoriented courses including online programming classes.
According to market
A visitor tries a virtual reality education product at the booth of Xueersi during the Fifth World Internet Conference in Wuzhen, Zhejiang province. CHEN ZEBING / CHINA DAILY
By MA SI in Wuzhen, [email protected]
As artificial intelligence isincreasingly used in a widerange of sectors to upgradeservices, including education, mounting efforts areneeded to reshape the training and employment marketto make the most use of thecuttingedge technology,experts said on the sidelinesof the Fifth World InternetConference.
Harry Shum, executive vicepresident of AI and research atMicrosoft Corp, said AI is going to enable amazing breakthroughs in areas such as healthcare, agriculture, education and transportation.
“But as we’ve seen over thepast 20 years, new technologies also raise complex questions and important societal concerns. As we look toward a
future that will see increasing partnership and cooperation between computers and humans, it is important that we address these challenges head on,” Shum said.
The comments came as areport by market research company Forrester forecast that AI will replace about 24.7 million jobs and create 14.9 million new jobs by 2027, as the technology becomes inextricably linked to people’s daily lives.
Such a drastic change willset new challenges about whathuman beings learn in schoolsas well as onthejob training, according to Shum.
He said that is part of thereason he coauthored the book The Future Computed with Brad Smith, president of Microsoft.
In the book, they say thatoveremphasizing computing
science to make the best use ofAI would be the wrong path, and argue that liberal arts will be increasingly important.
“Skillingup for an AIpowered world involves more thanscience, technology, engineering and math. As computers
behave more like humans, the social sciences and humanities will become even more important,” they write.
According to them, teamsdeveloping new uses for AI with human parity will need toinclude those with both an
engineering and liberal arts background. And both sides will need to know aspects of the other, as well.
“If AI is to reach its potentialin serving humans, then every engineer will need to learn more about the liberal arts
and every liberal arts major will need to learn more about engineering,” Smith and Shum write.
They argue that only thosewho embrace AI and the relevant changes, not those that resist or delay adopting them, can benefit from new jobs and economic growth driven by the technology.
AI’s possible impact on thelabor and education marketis highly prevalent in China,where companies are facing arapidly aging population.People aged 60 or older in thecountry exceeded 240 millionin 2017, accounting for 17.3percent of China’s population. That figure is estimatedto hit 400 million (25 percent) in 2033, official datashows.
At the same time, China’sshrinking demographic dividend and soaring labor costs
are ringing alarm bells. Last year, the country’s pool of workers aged 16 to 59 declinedfor the sixth consecutive year. In Shanghai, a hotbed of manufacturing, monthly salaries have increased 250 percent in the last decade alone.
Undoubtedly, the growingprevalence of AI will help deal with such demographic shifts, but the local education and employment market is far from ready to embrace the trend, Ba Shusong, chief economist of the China Banking Association, said in a research note.
“AI will replace a large number of repetitive jobs. But highly skilled workers with a high degree of flexibility, creativity and strong problemsolving andinterpersonal skills will thrive. Measures are needed from the government and companies to retrain people,” Ba added.
Experts: Education needs to catch up with hightech era, emphasize humanities
Guests touch a screen to showcase a new chapter for artificial intelligence during the Fifth World Internet Conference in Wuzhen, Zhejiang province. CHEN ZEBING / CHINA DAILY
Online technology provides valuable lessonsFrom apps to AI, parents turn to latest tech to give their children a competitive edge
researcher Jingdata, the average spending on programming classes totaled 6,000 yuan per person per year in China, driving the current market size to 10 billion yuan, and is expected to top 50 billion yuan in the coming five years.
The growth comes as education authorities seek to renovate afterschool training institutions, and cut excessive academic burdens for primaryand secondary school students.
“One reason that online programming is gaining momentum is because it is helping children to develop their abilities, including thinking, whichhas usually been ignored in the past,” said Liu Yiyang, cofounder of Codemao, a Chinese online programming startup.
The industry’s profoundpotential has attracted interest from the capital market. Total fundraising exceeded 15 billion yuan in the first half of this year.
VIPKid raised $500 millionin its latest round of financing in June this year, which was the world’s largestever fundraising drive for the online education sector. It also pushes the company’s valuation to over 20 billion yuan, making itthe biggest online education company globally.
According to a report bymarket research consultancy BigDataResearch, financing in the country’s online education industry in the first six months of this year can rival the total fundraising of last year.
A total of 7.4 billion yuanwas invested in qualityoriented education in the firsthalf of this year, accountingfor 28.9 percent of totalinvestment in the online education industry.
Sectors including language,K12, early education and professional training are some of the other popular areas that investors are looking at favorably.
“Frequent financing hasaccelerated the accumulative effect of the country’s online education segment,” said Lyu Senlin, founder and chief researcher at Learneasy TimesOnline Education Research Institute, an industry research consultancy.
“Industry leaders are contending for bigger market shareand pushing small firms out.”
Ji Liyin, viceinvestmentpresident of Founder H Fund,said at an online educationconference: “For investors,they care more about thefuture direction. On a broader scale, only changes in policy will bring about moreroom for growth and newopportunities.”
Thereby, emerging areaswill be the first priority for investors, he said, adding that industries where technologies are lowering work burdens forhumans will be a good direction for investment.
A visitor learns about a robot during the Fifth World Internet Conference in Wuzhen, Zhejiang province. LI JIANMING / FOR CHINA DAILY