Fu Peng: From a Major Cycle Perspective, What Stage Are We in This AI Technology Wave? [Fu Peng Says 1]

The current AI technology wave is not a fourth industrial revolution but a derivative phase within the broader information technology cycle. We are now in the intelligent sprint maturity stage of this cycle, which may be followed by a digestion and consolidation period over the next 5-10 years. The true next major cycle is still 10-15 years away, requiring fundamental reshaping of energy and the underlying social organizational structure.