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The rise and fall of Chinese AI companies under the ChatGPT craze and the factors behind it

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As a groundbreaking language model, ChatGPT has triggered a wave of enthusiasm that has led to a large influx of capital into the AI ​​field. However, the market competition is more intense than expected, and many companies face huge challenges in terms of technology, funding, and talent. In this process, although the technology of automatically generating content has brought convenience to some companies, it is not a panacea to solve all problems.

On the one hand, technologies such as automatic article generation have improved the efficiency of information production to a certain extent, but there are also problems such as uneven quality and lack of innovation. For companies that rely too much on such technologies and neglect the cultivation of core competitiveness, it is easy to be eliminated in the market's big waves.

On the other hand, the market demand for AI products is not limited to the novelty of the technology, but also focuses on its practical application value and problem-solving ability. If a company cannot accurately grasp the market demand and only follows the trend, it will be difficult to gain a foothold in the competition even if it has advanced technology.

In addition, changes in the policy environment, the impact of the international situation, and the continuous improvement of industry standards have all played an important role in the survival and development of AI companies. Some companies have been hampered in their business due to their failure to adapt to policy adjustments in a timely manner or encountering difficulties in international cooperation.

In short, the disappearance of nearly 80,000 AI companies in China is the result of multiple factors. While pursuing technological innovation, companies should pay more attention to improving their overall strength to adapt to the ever-changing market environment.