李小加：让货币不再成为发展阻碍，而成为赋能力量

Core Insights - The current monetary system has not evolved significantly over the past century, primarily following Web1.0 and Web2.0 models, which limits financing opportunities for businesses, with less than 10% of enterprises meeting traditional financing criteria [5][6] - The transition to an AI-driven economy necessitates a new approach to financing that supports the growth of smaller enterprises, referred to as "万小虫" (ten thousand small bugs), "千小蛇" (thousand small snakes), and "百小鳄" (hundred small crocodiles), ultimately aiming to develop "六小龙" (six small dragons) [5][7] Group 1: AI and Innovation - The theme of the forum, "Embracing AI: Openness and Rationality," aligns with the future direction of business and innovation [2] - The first generation of entrepreneurs focused on human interactions, while the new generation is increasingly addressing the interaction between humans and technology, including robotics and biotechnology [3][4] Group 2: Financial Challenges - The existing financial system is inadequate for supporting innovation, as it primarily favors established companies with proven financial stability [5][6] - A shift towards cash flow obligations (CFO) is proposed as a new financing method, allowing capital markets to invest in standardized cash flow products, thereby enabling the growth of smaller enterprises [7]