Recently, a group of data triggered people's concern and discussion about the risk of AI industry foam. According to statistics from network analysis company Similarweb, the global traffic growth of ChatGPT in the first five months of 2023 was 131.6%, 62.5%, 55.8%, 12.6%, and 2.8%, respectively, with a significant decrease in growth rate; In June, ChatGPT's traffic decreased by 9.7% month on month, marking the first time since its launch. Since the beginning of this year, artificial intelligence, especially General Artificial Intelligence (AGI), has shown great vitality in the Chinese market. According to Wind data, the A-share ChatGPT index rose by 71.77% in the first half of the year, indicating a significant inflow of funds. According to the reporter's summary, as of July 4th, there have been over 80 AI large-scale models with parameter scales of over 1 billion in China. However, it is also worth noting that the risk of industrial foam has emerged to some extent. Guo Tao, an angel investor and a senior AI expert, told the reporter: "At present, China's AGI market has entered the era of" a hundred schools of thought contending ", but at the same time, foam have appeared, such as the valuation of start-ups is falsely high, major shareholders of listed companies have recently reduced their holdings and cashed out, and the industry should be alert to related risks." Zhang Xiaorong, president of the Institute of Deep Science and Technology, also believes that the overall maturity of general AI technology is not enough, The difficulty of implementing technology is high, and there are many challenges in the application process. Optimistic market expectations lead people to overestimate the potential of the industry and overestimate the industry. Once technology cannot be effectively implemented and market expectations cannot be realized, the foam may burst. "At present, the domestic AGI industry has shown signs of overheating." Huang Song, an expert who understands the AI algorithm of the platform, said, "The models launched by some companies, both in terms of parameters and actual effects, are far from the real big models, and 'pseudo general artificial intelligence' has emerged." Experts interviewed all believe that moderate foam is conducive to the development of the industry, which can help enterprises attract more funds and gather more resources, But once there is an overheating trend, it needs to be resolved and guided. Enterprises must find their own positioning. General artificial intelligence has a wide range of formats, and it is not necessary to expand models. Other sub fields also have good prospects, "Huang Song believes. Zhang Xiaorong said that the development of China's AGI industry needs to deal with five major issues, including supervision and regulation, technological innovation and application, industrial cooperation, market transparency and investor education. Establish an effective industrial regulatory system, regulate market behavior, prevent investment speculation; focus on solving practical problems, improving industrial efficiency, exploring the commercial feasibility and practical value of technology; promote cooperation and communication between enterprises, maintain and strengthen a fair market environment; improve information disclosure intensity, cultivate and educate investors on risk awareness, and enhance people's ability to invest rationally