According to BlockBeats, at the AI × New Finance Innovation Global Tour's Hong Kong station, where the Yangtze Star Program was also launched, Cai Wensheng, an angel investor and chairman of CAI Holdings, said on Aug. 29 that AI essentially changes productivity, while Web3 is closer to changing production relations. He argued that a new technology cycle would still lack an important link if it only brings AI-driven efficiency gains without corresponding changes in finance and production relations. The investor further said humanity is now transitioning from an industrial and information society into a data society, where data will become the most valuable resource. For companies, he suggested applying AI first to boost existing business and organizational efficiency, then creating new business models on top of that foundation. He also predicted that as Web3 develops, data will circulate more easily and gradually break through the boundaries of platforms and geographic regions.
According to BlockBeats, Cai Wensheng, an angel investor and chairman of CAI Holdings, spoke on Aug. 29 at the launch ceremony of the Yangtze Star Program, held at the AI × New Finance Innovation Global Tour's Hong Kong station.
Cai said that AI essentially changes productivity, while Web3 is closer to changing production relations. He argued that if AI only brings efficiency gains, without changes at the financial and production-relation levels, the new technological cycle would still be missing an important part.
He further said that humanity is moving from an industrial and information society into a data society. In that context, the most valuable resource in the future will be data.
For enterprises, Cai advised that AI should first be used to improve existing business and organizational efficiency, and then, on that basis, to create new business models. He also said that as Web3 develops, data will circulate more easily and gradually break through the boundaries of platforms and regions.
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