China's AI model glut is a 'significant waste of resources' due to scarce real-world applications for 100+ LLMs says Baidu CEO
Robin Li Yanhong, the founder and CEO of Baidu, the biggest search engine in China, said that the country has too many large language models and too few practical applications. Yanhong made this announcement during a recent panel discussion at the World Artificial Intelligence Conference (WAIC) held in Shanghai, as covered by theSouth China Morning Post. “In 2023, intense competition among over 100 LLMs has emerged in China, resulting in a significant waste of resources, particularly computing power,” said Li....