AI is entering its 'era of experience'

Sutton said that fear among the public that AI will lead to bias, job loss and even human extinction is exaggerated. Just like different people with different goals and abilities working together for the same goals in economies, the AI agents can also coexist in peace, achieve "decentralized cooperation" for a common purpose and thus unleash vast potential, he added.

Wang Jian, director of Zhejiang Lab and founder of Alibaba Cloud, the cloud computing arm of Alibaba Group, highlighted AI's potential in the area of space exploration.

In May, Zhejiang Lab launched a batch of 12 computing satellites into orbit as the first part of the "Three-Body Computing Constellation", which is designed to enable real-time in-orbit data processing and handling in space.

"Space is the greatest resource for humans," said Wang at the opening ceremony.

"Computing and AI are our traveling companions for the journey to Mars, and it is the most exciting thing I see in the next 10 or even 20 years."

Running until Saturday, the 2025 Inclusion Conference on the Bund has attracted more than 200 business exhibitors as well as around 550 guests from 16 nations and regions, including leading scholars, business representatives, youth entrepreneurs and scientists.

Featuring a main forum, more than 40 sight forums, exhibitions, markets and diverse sci-tech activities in various forms, the event, which is in its fourth edition, brings people in the sector together to explore innovative paths for and the commercial future of AI.

Topics covered at the conference include fintech, AI security, embodied intelligence, as well as industrial applications of AI in sectors such as healthcare, mobility, finance, payment, energy, agriculture, manufacturing and lifestyle.