58 Tongjing Yao Jinbo: AI transformation cannot be left to others; entrepreneurs must personally manage AI
Yao Jinbo, chairman and CEO of 58.com, said at the 2026 Abukir Forum Summer Annual Meeting held in Chengdu that entrepreneurs must personally control AI, and AI transformation cannot be left to others. He pointed out that digital and intelligent transformation is an essential task for enterprise survival and development. Entrepreneurs need to actively update their understanding, personally understand and apply AI, and deeply integrate it into the entire production, management, and marketing chain to reduce costs and increase efficiency. Yao Jinbo emphasized that it is necessary to respect the cycle and rely on technological innovation to overcome industry fluctuations. While attracting AI-native talents, entrepreneurs should also take active steps in planning. He suggested that enterprises should rationally plan for globalization, taking a path of entering overseas markets while being rooted in China and maintaining stability and control. Only by basing themselves locally, retaining core technologies, and strengthening their domestic heavy-asset foundations can global expansion be successful and sustainable.