Editor's note: The Second World Internet Conference, also known as the Wuzhen Summit, is taking place in Wuzhen, Zhejiang province. The following are the views of senior information technology business executives on how to build a community of shared future in cyberspace. [Special coverage]
Robin Li, Chairman and CEO of Baidu
In the future,artificial intelligence will substitute simple and repetitive work. Baidu is committed to investing in artificial intelligence for at least five years.
New technologies such as self-driving can be popularized due to the fall in the computing cost. Commercial use of self-driving cars is expected to pop up in three to five years. Yesterday, I spoke with President Xi Jinping about the Baidu self-driving car's test run in Beijing last week.
Competition between large Internet companies is a good thing, because it produces innovation. Competition also played an important role in helping China's Internet to grow into today's scale.
Apart from competition, companies should cooperate with each other. As businesses expand, there will be more opportunities to cooperate. The Internet industry is developing in a healthy way and has a promising future.
Pony Ma, founder and CEO of Tencent
Many industries are in "a community of shared future". The future of cyberspace would be "a competitive and cooperative community of shared future".
Gu Yongqiang, CEO of Youku Tudou Inc
The merger and acquisition will become a normal thing in the Internet industry for both China and the US, the two major Internet powers. It is the other way for startups to grow other than going to the market.
The case of Alibaba acquiring online video giant Youku Tudou Inc is the first-of-its-kind merger of an online content platform and an online shopping platform. Internet convergence is developing in a healthy way and is becoming a trend.
Zhou Hongyi, Chairman of Qihoo 360
The war between Qihoo 360 and Tencent is over. I have spoken quite a few times with Pony Ma, CEO of Tencent, at Wuzhen this time. I hope there would be no low level competition in the Internet industry.
Cyber attacks have great impact on social order. Qihoo 360 is investing in global merger and acquisition, and promoting free Internet security software for consumers.
Cheng Wei, CEO of Didi Kuaidi
The taxi-hailing apps will not bring gridlocks to cities. The mission which Didi is now committed to doing is to rationalize the use of the limited city resources.
There will be more overseas acquisitions for China's tech companies. Merger and acquisition is a kind of enterprise ability. As a young enterprise, Didi is studying how to accelerate development by means of capital, and how to use it when we are ready to go for overseas market.
The fiercer the competition, the better. There will be a long time for Didi and Uber to compete in the global market and learn from each other. We quite enjoy the competition.
Sharing economy is the best way to solve the traffic jam in a long run. Didi has changed the traditional pattern of the industry. The question is how to manage the new pattern? First, every company should be accountable by establishing its own security department. Second, they should be open and transparent. Next year, Didi will publicly share some management details such as emergency response, driver and customer insurance, so as to be better supervised by Chinese regulatory authorities and the public.
