Foreign media reports that Zhao Changpeng believes artificial intelligence will remain a long-term growth industry, but with a large number of companies entering the market now, it's uncertain how many will survive. As the market matures, industry consolidation is likely to accelerate, and valuation and price fluctuations will continue.

The number of new entrants continues to increase.

Zhao Changpeng stated that the AI sector is currently attracting an increasing number of new companies, leading to a significant increase in competition. This means that the high growth in the early stages of the industry does not equate to the successful survival of all participants.

He believes that as the number of participants continues to increase, the market will gradually consolidate. Some companies may be eliminated, while others may expand their market share through technological, product, or scale advantages.

Even successful companies can face fluctuations.

Zhao Changpeng noted that even established AI companies may not be able to maintain stable performance in the long term. As market expectations change and competition intensifies, the valuations and prices of these companies may still experience significant fluctuations.

This means that the expansion of the AI industry may not necessarily follow a one-way upward trajectory for corporate development. Industry growth and corporate consolidation may occur simultaneously.

Analog to early high-growth industries

Zhao Changpeng compared the current development stage of the AI industry with some rapidly expanding technology industries of the past. He believes that such industries typically experience rapid technology adoption, concentrated capital inflows, and continuous changes in market leaders.

In this process, business failures, changes in industry leaders, and periodic speculation often occur simultaneously. In other words, widespread adoption of technology does not mean that all companies can share in the ultimate benefits.