In this episode of VP Talk, Leon JIANG, our vice president of Milesight, shares his thoughts on major challenges of 5G, AI and IoT, AIoT. And is AIoT going to take long?
What is the major challenge of AIoT?Where there is an opportunity, there is a challenge. If we rewind a little bit, when the “Internet+” is sizzling, there were heaps of companies pilling up on the edge of tough commercial battles. And it is the same for AIoT. Whoever can seize the opportunity to transform the resources into golden eggs is the remarkable fighter of tough competition.
Besides, one of the biggest challenges in AIoT industry chain is the enormous complexity. AIoT is born out of a comprehensive system where the number of equipment, the consist of supply chain, the types and iteration of service models are far beyond the average range. In order to ensure smooth and efficient operations, a higher level of speed, volume, and stability must be achieved in all aspects. Moreover, synergy among industries is of great importance as well.
The development of intelligent society is on a bumpy uphill road, even though it is believed to be driven by the times. From the perspective of international society nowadays, it is the opposite of friendly corporation for mutual benefits. Since 2018, China and the United States have been engaged in a trade war which has negative impacts on both industrial development and collaborative innovation in technology. Rooted from the hegemony, the US restrains China’s technology development, especially on 5G, AI and IoT areas. This confrontation affects every area of numbers of related companies at different degrees. From this point of view, it seems that the development of the industry is not only a matter of industrial development and innovation, but also a strategic gaming in the country context.
From the perspective of 5G, the technology itself still has a long way to go to obtain a great balance between speed and volume, reliability and consumption. It is just like walking on the seesaw at either end. This means if ultra-low latency and ultra-high reliability are met, it will reduce the number of accesses and increase energy consumption. Likewise, if high transmission speed is to be ensured, reliability and energy requirements have to be sacrificed to some extent. And to achieve very low energy consumption and a very large number of accesses, it is necessary to limit the data transmission capacity. The movement on this seesaw is delicately sensitive until it reaches equilibrium at a relatively perfect level.
In addition, from the application perspective, landing is definitely not as easy as a pie. There are problems that remain unsolved, such as the cost of 5G base station construction, and the corresponding quality and coverage issues that arise, the lack of clarity on unified standards in the field of AI and the IoT, the limitation on the scale of industry and so on.
Is it going to take long?No. it is only a matter of time before 5G intelligent interconnection lands in various industries given the technical conditions for industrial development and the international environment and national policies.
According to PwC's model, 5G applications will have a $1.3 trillion impact on global GDP by 2030. According to a circular, “5G Application ‘Raising the Sail’ Action Plan (2021 – 2023)”, released by the central authorities led by Ministry of Industry and Information Technology (MIIT), in conjunction with nine other central government authorities on 13 July, China aims to have a noticeable improvement on national comprehensive strength by 2023, one that is generated by embracing a blooming and well-developed 5G application industry. Towards that end, more efforts will be made to build a consolidated and new ecology wherein information technology (IT), communications technology (CT), and operational technology (OT) are deeply fused.
Furthermore, China will be targeting at gaining significant breakthroughs in the depth and breadth of 5G applications in key areas, resulting in a solid two-pillar of technology industry and standard system. And there will be a natural overall improvement of the base capacity required, such as internet, platform and security so that, gradually, 5G applications will “set sail on a great voyage.”
In AIoT era, the IoT and AI can be seamlessly integrated with 5G, providing a solid solution to technical bottlenecks rooted in data volume, transmission, technology integration, cost, etc. 5G, IoT and AI are interrelated and together will infuse enormous vitality and energy into not only technology-related industries, but also, eventually, all walks.
