Data Privacy is Essential for AI to Function effectively

At Extreme Investor Network, we are always on the lookout for cutting-edge developments in the financial world, and one area that is currently making waves is the integration of artificial intelligence (AI) in smartphones. Recently, Chinese smartphone company Honor’s CEO, George Zhao, emphasized the importance of protecting user data while harnessing the power of AI in an exclusive interview with CNBC.

In a time where tech giants like Apple are rolling out personalized AI tools, Honor is taking a different approach by focusing on on-device AI operations to ensure user data stays secure within the smartphone itself. Zhao highlighted that without data security and user privacy protection, AI would be rendered worthless, which aligns with Honor’s value proposition of keeping user data strictly on the device.

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While Apple’s AI product relies on a combination of on-device processing and server-based models for more complex requests, Honor takes pride in its self-developed on-device AI technology. By collaborating with tech players like Baidu and Google Cloud, Honor is able to offer innovative AI features to its users while prioritizing data security.

Zhao also pointed out the challenge of balancing AI capabilities with energy usage and data privacy, especially when it comes to generative AI applications that require significant computing power. Despite the allure of network (cloud) AI, Zhao believes that on-device AI will continue to empower consumers and enhance their interactions with AI technologies.

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Looking ahead, Honor’s latest foldable smartphone, the Magic V2, has already garnered accolades such as the “Best Smartphone in Asia Award.” With the upcoming release of the Magic V3 in July, equipped with the company’s latest AI functions, Honor is poised to push the boundaries of smartphone technology even further. While Zhao remained tight-lipped about specific details, he hinted at the company’s commitment to challenging themselves and pushing the boundaries of innovation.

At Extreme Investor Network, we strive to provide you with unique insights and analysis on the latest trends in the financial world, including the intersection of AI and smartphone technology. Stay tuned for more updates and expert commentary on this exciting field.

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