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China is 'hugely important'to global economy says Doug Flint, Standard Life Aberdeen

China is ‘extremely essential’to international economy states Doug Flint, Standard Life...

Levinzcky Stancu - 17/09/2020 0

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(***********************************************************************************************************************************)'( ****************************************************************************************************************)’ iQiyi pivots towards an aging population in an AI period( **********************************************************************************)( *).( ***)( ****)( *****)( ******)( *******)( ********)( *********) IQiyi, in some cases called the( ****************************************) of( **********************************************************************************************************************************) swung to a revenue in( *************************************************************************************) for the very first time considering that it noted in the U.S. in( **************************************************************************************).( **********)( *********)( *************************************************************************************************************************************) |( *************************************************************************************************************************************) |( ****************************************************************************************************************************)( *************************************************************************************************************************)( **********)( ***********)( ***********)( ***********)( ************)( *********) BEIJING–( *********************************************************************************************************************************) video streaming platform( *************) iQiyi (**************)( ***************)( ****************) (*****************)( ******************)( *******************) (*******************) (*******************) is turning its attention to the nation’s aging population, while utilizing expert system tools to reinforce content production. ( **********)( *********)( ***************************************************************************************************************) of iQiyi’s near-term objectives is to enhance the item offering for older users, CEO and creator( ***************************************************************************************************************************)( *************************************************************************************************) stated( ********************************************************************************************************) at the business’s yearly conference.( **********)( *********)( ****************************************************) he stated in( ******************************************************************************************************************) equated by CNBC.( **********)( *********)( **************************************************************************************************************************) kept in mind how users in their( *********************************************************************************************) s or older are dropping off due to the fact that increased screen time is speeding up eyesight degeneration, and it’s more difficult for them to check out little text.( ***************************************************************************************************************************) likewise indicated price quotes that anticipate about one-fourth of( *********************************************************************************************************************************** )population will be thought about senior in (************************************************************************************), increasing to one-third in( ***********************************************************************************).( **********)( *********)( ************************************************************************************************************************************) is quickly aging as less individuals have kids and life expectancies boost.( **************************************************************************************************************************************) have actually fallen in spite of( ****************************************************************************************************************************************) efforts in the last years to loosen up constraints on families for one kid each.( **********)( *********)( ******************************************************************************************************************************) kids,( ***************************************************************************************************************************) stated, suggests each kid ends up being more vital. (**************************************************************************************************************************) stated iQiyi would enhance the quality of its material for kids.( **********)( ***********)( ********************)( *********************)( **********************)( ***********************)( ************************)( *************************)( **************************)( ***********)( ***********)( ***********)( ***********)( ***********)( ************)( *********) IQiyi is likewise tapping expert system tools for making content production more effective.( **********)( *********)( ********************************************************************************************************************)( ***************************************************************************************************) iQiyi’s primary innovation officer, offered a speech at the( ********************************************************************************************************) conference about( ******************************************************************)( **************************************************************************************************************************) displayed the business’s tools for rapidly mimicing a multi-camera shot in a virtual environment, and explained how the essentially developed components from clothing to structures might be re-used or advertised in a future metaverse.( **********)( *********) (********************************************************************************************************************) likewise stated iQiyi’s AI tools can substantially decrease the time invested examining books for production-worthy stories, in addition to discover which parts of existing dramas bore or interest audiences.( **********)( *********)( ********************************************************************************************************) early morning’s discussions consisted of a clip from OpenAI’s( ************************************************************************************************************) text-to-video advertising video, however iQiyi executives did not share whether they had comparable innovation at scale.( **********)( ***********)( ************ )( *********)( ***********************************************************************************************************************) (********************************************************************************************************************) highlighted how generative AI permits more individuals to be developers, which the scarcest characteristic would then be outstanding imagination and exceptional aesthetic appeals.( **********)( *********) IQiyi can not openly share more information about its AI abilities due to privacy, however developers who partner with the business can find out more, creator (***************************************************************************************************************************) stated.( **********)( *********)( *******************************************************************************************************************) ahead, he stated the business would likewise seek to tap chances in abroad markets as development in( ************************************************************************************************************************************) moderates.( **********)( *********) IQiyi in late (********************************************************************************************************************************) reported it swung to a revenue in( *************************************************************************************) for the very first time considering that it noted in the U.S. in( **************************************************************************************).( *****************************************************************************************************************************) almost every year considering that, the business published yearly losses of$ 1 billion or more.( **********)( *********)( **********************************************************************************************************) business is next due to launch quarterly outcomes on( *****************************************************************************************************************)( ***********************************************************************************************).( **********) (***********) (***************************)( **************************** )( **********************)( ***********************)( ************************)( *****************************) (*************************)( **************************)( ***********)( ***********)( ***********)( ***********)( ***********)( ************)( *********)( ************************************************************************************************************************) late( *******************************************************************************************************************************) iQiyi CFO( *****************************************************************************************************)( *********************************************************************************************************************) informed CNBC in an unique interview he is (************************************************************************) about possible brand-new service chances with the development of OpenAI’s text-to-video tool( ************************************************************************************************************).( **********)( *********)( **************************************************************************************************************************) stated such tools can assist iQiyi inform stories more artistically, which internally, it is checking out the text-to-video area though it is not dealing with( ************************************************************************************************************).( **********)( *********)( *****************************************************************************************************************************)( *************************************************************************************), iQiyi stated its initial material represented a record( *******************************************************************************************) %of significant dramas it launched.( **********)( *********)( **********************************************************************************************************) business declares it now has more than( ********************************************************************************************) internal studios that produce more than( ******************************************************************************************) reveals a year.( **********)( ********* )( ********************************************************************************************************** )development of internal production shows a larger modification in( ***********************************************************************************************************************************) movie market over the last 5 years, (*****************************************************************************************************) stated, keeping in mind that formerly most of material was made by 3rd parties, leading to bidding wars for programs which raised expenses.( **********)( *********)( **************************************************************************************************************) significant( *********************************************************************************************************************************) video platforms with longer-form content consist of( ***********************************************************************************************************)( ******************************************************************************************************)( *****************************************************************************************************************************************)- owned( ************************************************************************************************** )and( ***************************************************************************************************************************************). (**********)( ***********)( *********** ). (***)( **).
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