Core Insights - The AI Innovation Competition serves as a bridge connecting AI innovation with global application scenarios and showcases [1] - The event featured innovative and practical AI application products from various companies, allowing them to present their innovations to venture capitalists and industry experts [1][3] Group 1: Event Overview - The AI Innovation Competition @ Wuzhen-Beijing Roadshow took place on September 28, showcasing AI applications across various sectors including entertainment, education, marketing, and office services [3] - The event was organized by the Wuzhen Town People's Government and Wuzhen Summit Conference (Tongxiang) Co., Ltd [1] Group 2: AI Applications and Innovations - A variety of innovative AI products were presented, including a location selection and investment platform by Liyun Cloud, which generates customized location plans in 30 seconds [3] - Deep Zhi Technology introduced a multi-modal AI holographic digital human capable of emotional interaction and supporting over 120 languages [3] - The AI technology is transforming the entertainment and tourism sectors, with companies like Xingpo Yunmiao Technology developing an AI comic creation platform that enhances production efficiency by tenfold [4] Group 3: Market Needs and Pain Points - Companies emphasized the importance of using AI to address unseen pain points rather than creating new anxieties, focusing on practical applications [5][6] - The need for high-quality content production was highlighted, with companies like Qinglan Zhihui Technology aiming to help brands improve their visibility through AI-driven marketing solutions [6][7] Group 4: Expert Insights - Experts noted that many AI applications demonstrated at the event effectively addressed market demands, particularly for small and medium enterprises seeking efficient customer acquisition [6][7] - The characteristics of effective AI products were discussed, emphasizing the need for unique algorithms, distinctive design, and the ability to solve real-world problems [7]