Core Insights - ByteDance's CEO Liang Rubo emphasized the importance of reaching new industry peaks, identifying AI as a significant opportunity comparable to previous technological revolutions like PC, Web, and Mobile [1][2] - The emergence of new peaks occurs approximately every 15-20 years, with companies that have previously succeeded in earlier peaks having a better chance of capitalizing on new opportunities [2] Group 1: Industry Peaks - The IT industry's major peaks over the past 50 years include PC, Web, and Mobile, with notable companies like Microsoft, Google, Amazon, Apple, and Meta emerging during these times [2] - Companies that previously thrived in earlier peaks, such as Apple and Google, are well-positioned to take advantage of the current AI peak, particularly Google [2] - The duration of competitive opportunities during these peaks is decreasing, as evidenced by the rapid establishment of dominance in the Mobile era shortly after the iPhone's release [2] Group 2: AI and Assistant Applications - In the short term, the focus is on the Dola assistant application, which is seen as a significant direction for AI beyond traditional search functionalities [3] - The industry consensus is that assistant applications have evolved to include capabilities beyond simple Q&A, such as image generation and programming [3] - There are substantial opportunities in the B2B sector, particularly with Model as a Service (MaaS), which is rapidly growing within ByteDance's Volcano Engine [3] - The integration of assistant capabilities with existing products and services is crucial for enhancing overall business performance [3]