A battle for profit breaks

Editor’s note: This article is from WeChat public account “Industry home” (ID: chanyejiawang), author Zi Yu.

Unearthing the commercial value of the AI ​​industry, solving the problem of difficult landing and profitability is the key to artificial intelligence surpassing the concept of technology and becoming the foothold of industrial transformation and upgrading.

Artificial intelligence is the third productivity revolution after the steam engine and electrical.

After researching experiments and building machine learning infrastructure, in 2015, artificial intelligence ushered in the third wave of application of artificial intelligence application solutions. The number of new artificial intelligence companies in the world reached 847. The next year, the Alpha dog defeated Li Shishi, which pushed the industry to a climax.

Four years have passed, and in the grass-roots stage of large-scale financing, the players in the industry have gradually precipitated, and began to deepen the vertical segmentation, building a comprehensive barrier from technology to industry.

Recently, Vision Technology submitted a Hong Kong stock prospectus, which blew the clarion of the AI ​​industry listing. According to the prospectus, the revenue of Defiance Technology in 16-18 years was 67 million yuan, 31.32 million yuan, and 1.426 billion yuan, with a compound annual growth rate of 358.8%. In the first half of 2019, the income was 949 million yuan.

There are also R&D expenditures and losses in line with rising revenues. In 16-18 years, contempt for losses of RMB 342.8 million, RMB 758.8 million and RMB 3,331.6 million, and R&D expenditures of nearly RMB 900 million in 2019. The half-year loss has expanded to 5.202 billion yuan.

Listing means targeting a more mature, open and transparent primary market, but the ignorant business situation can’t help but question the outside world: Is AI, which has been advocating for many years, a virtual fire of technical concepts or a new impetus for economic development? engine?

Where is the profit break of AI companies in this infinite war?

One “It’s difficult to make money, it’s hard to get to the sky”

AI is a typical hard technology industry. As a strategic technology, it does not generate commercial value by itself. It can only be valuable if it is deeply embedded in all walks of life. AI landing is difficult, profitability is the industry consensus, research and development of burning money is inevitable.

A person in charge of the venture capital firm Anderson Hogwarts Fund has said that artificial intelligence will enable humans to predict the future and respond correctly. Google’s Gmail has automated response to email content with the help of artificial intelligence technology. The ability to be an early example of the future of artificial intelligence.

With the past PC