LAIX CEO on Vision for Company's Future, China's Stride in AI

The transcript discusses the impressive growth in paying users and the company's strategic focus on expanding market share despite financial losses. It highlights the impact of market sentiment and regulatory changes on share prices. The company is exploring overseas expansion and envisions AI-powered personalized education. It emphasizes the importance of global collaboration in AI research.

What is the company's current strategy regarding profitability?

• Focus on immediate profitability

• Limit expansion to domestic markets

• Capture a large market share first

• Reduce R&D and marketing costs

What are the two main challenges affecting the company's share price?

• High production costs and low quality

• High competition and low demand

• Market sentiment and regulatory changes

• Lack of innovation and poor management

What is the company's approach to overseas expansion?

• Immediate large-scale expansion

• Gradual expansion with market research

• Focus only on the domestic market

• No plans for overseas expansion

What is the company's vision for AI in education?

• Develop AI for administrative tasks

• Limit AI to research and development

• Create AI-powered virtual teachers

• Use AI for marketing purposes

How does the company view the role of collaboration in AI research?

• As a necessary human endeavor

• As a competitive advantage

• As a secondary priority

• As a means to reduce costs