2023 Internet Conference | Reading CEO Hou Xiaonan: AIGC Promotes the Scaling of Online Text to the Sea, with an Average Reduction of Translation Costs by 90%
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On November 9th, the 2023 World Internet Conference Cross Strait and Hong Kong Macao Internet Development Forum was held in Wuzhen, Zhejiang. The new opportunities brought about by technological changes such as AIGC in the internet industry around the theme of "shared development and win-win future" have become the hot topic of discussion among guests
On November 9th, the 2023 World Internet Conference Cross Strait and Hong Kong Macao Internet Development Forum was held in Wuzhen, Zhejiang. The new opportunities brought about by technological changes such as AIGC in the internet industry around the theme of "shared development and win-win future" have become the hot topic of discussion among guests.
How to further promote cultural exchange and industrial development in the era of digital intelligence? What we insist on is two words: stick to good stories and embrace new technologies, "said Hou Xiaonan, CEO and President of Yuewen Group.
A good story is an emotional connection and a symbol of culture, which can travel through age and culture. This is the most vivid way to continue Chinese culture and promote cultural exchange and mutual learning. Whether it is anime such as "Douluo Continent" or TV dramas such as "The World", they are works that accompany the audience's growth and harvest many touching and beloved works. When the Cantonese version of the TV drama "Celebrating the Year of the Year" landed on TVB Jade TV in Hong Kong, the first episode broke the three year record for prime time TV viewing, and will also be aired in the second season next year.
In embracing new technologies, "this year we will use AI+IP as our reading strategy," Hou Xiaonan said. In July of this year, Yuewen released its self-developed first large-scale model of the online literature industry, Yuewen Wonderful Pen, and announced its key applications in creative assistance, IP development, and online literature overseas.
We have tens of millions of authors and works, but less than 1% of our new works are adapted each year. New technologies such as AI can explore a lot of interaction and experience, "Hou Xiaonan said. The application side "Writer Assistant Miaobi Edition", which relies on the reading article Miaobi big model, has officially opened internal testing to all signed writers at the end of October.
In terms of online articles going abroad, Hou Xiaonan revealed that AI translation is breaking through the limitations of production capacity and cost, and has performed well in both quality and efficiency. By establishing a dedicated vocabulary and human-machine cooperation, the average cost of online text translation for reading has been reduced by 90%, while efficiency has significantly improved. "From only a few chapters a day ago to thousands of chapters now," a popular translation work has been produced. In Hou Xiaonan's view, AIGC has truly made it possible for Chinese online articles to go global on a large scale, seamlessly connecting with the global market, which is a very promising new blue ocean.
As of June 2023, Yuewen's overseas portal, Starting Point International, has launched approximately 3200 translated works of Chinese online literature, trained approximately 380000 overseas online writers, and launched 560000 original works overseas, with a cumulative user base of over 200 million, covering more than 200 countries and regions worldwide. At the same time, the collaborative release of anime and film adaptations such as "Celebrating the Year", "Full Time Expert", and "Breaking Through the Sky" further enhances the global influence of IP. Since 2022, Yuewen has launched over 300 domestically produced anime and film works overseas.
The AIGC technology wave is still at the beginning of this year, and everyone is still on the starting line. Hou Xiaonan said that the more profound impact of AI is the transformation of the industrial ecology. AI is not an independent industry, but a technological foundation that will bring a very prosperous application ecosystem. Just like the Wintel ecosystem in the PC era, to the Android and iOS ecosystem in the mobile internet era, each generation of technology wave will establish a new industrial ecosystem.
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