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Invest tens of millions to support entrepreneur Robin Lee: those who adhere to the long-term principle will stand out

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On September 25th, the results of the second season of the "Wenxin Cup" entrepreneurship competition were announced at the 2024 Baidu Cloud Intelligence Conference. It is worth mentioning that in this year's Wenxin Cup Entrepreneurship Competition, over 60% of the participating teams focused on the application of intelligent agents, and over 30% of the participating teams did not have professional programmers.
"In the face of the new technology cycle, entrepreneurs who adhere to the long-term principle will surely stand out." On the scene, Baidu founder Robin Lee reiterated his original intention of holding the "Wenxin Cup" entrepreneurship contest. He said that the big model craze has been going on for two years, and when they get through the initial excitement, return to reality, and land, many entrepreneurs may feel lost, confused, and even doubt the future, "because people always overestimate the short-term value of technology and underestimate its long-term value
In this competition, Jirui Technology, which has developed a one-stop e-commerce material AI tool based on the Wenxin big model, won the first prize in the "Entrepreneurship Group", while the other seven teams won the second and third prizes in the "Entrepreneurship Group". Robin Lee announced that Baidu would invest tens of millions of yuan in the eight winning teams and provide long-term support in technology, products, development strategies, capital cooperation, etc.
Regarding the role of AI, Chen Fei, one of the winners of the entrepreneurship competition and CEO of Wenzhi Technology, was interviewed by a reporter from Beike Finance of the New Beijing News. Chen Fei cited her own product as an example, saying that a few years ago, it would have taken at least one or two hundred people to achieve this level of maturity, but now it has become more than twenty people, so the efficiency improvement effect of AI is particularly obvious. "For example, data processing is all solved by AI, and there is no need to pile up people at all
In Robin Lee's view, the big model is a subversive technological revolution, and the long-term prospect is very optimistic. "The pessimist is always right, but the future is created by the optimist". Robin Lee said that Baidu welcomes more entrepreneurs and developers to join in the AI revolution and "make the complex world simpler with technology".
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