中航基金邓海清：以改革为帆，新基金助力AI新时代——谱写“新时代、新基金、新价值”宏伟篇章

Core Viewpoint - The Chinese public fund industry is experiencing a technological revolution led by artificial intelligence, which is expected to significantly impact global economic and geopolitical dynamics in the coming years [1] Group 1: Technological Revolution and Economic Impact - Each technological revolution has historically led to a transformation in human civilization, with knowledge density being the root of competitive advantage [2] - The current AI revolution is expected to create a surplus in knowledge and data products, fundamentally reshaping global division of labor and accelerating significant changes in the geopolitical landscape [3] Group 2: AI Integration and Economic Challenges - The integration of AI with the real economy is seen as a key to addressing China's current challenges, including avoiding the "Thucydides Trap," preventing manufacturing hollowing, and mitigating the effects of an aging population [4][6] - The high profit margins in AI-related investments, with a theoretical cost-profit ratio of 545%, indicate a significant demand for computing power, which is expected to attract substantial capital investment [4][5] Group 3: Policy and Reform for Growth - Comprehensive reforms to promote the development of the private economy are essential for China to succeed in the AI and digital economy era [6][7] - The Chinese public fund industry is encouraged to leverage its capital allocation capabilities to support the integration of AI with the real economy, thereby contributing to national strategic transformation and innovation [7]