Abstract:

"AI+" represents a deep penetration and restructuring of the socio-economic system. Its long-cycle nature and high uncertainty dictate that this process requires a "patient" transition and accumulation. Empowering "AI+" with patient capital is an inevitable choice across the three dimensions of "historical logic, theoretical logic, and practical logic." The two exhibit a high degree of alignment through the spatiotemporal adaptation between technology evolution/diffusion and the characteristics of patient capital, the synergistic adaptation between industrial integration/innovation and the combination of resource factors, and the corrective adaptation between the pursuit of value appreciation and ultimate value judgment. However, empowering "AI+" with patient capital still faces quadruple constraints of "motivation, pressure, mechanism, and ecology." There is an urgent need to leverage the interactive synergy between a proactive government and an effective market, grasp the contradictory movement of productive forces and production relations, unblock the synergistic channels of the domestic major cycle and domestic-international dual cycles, unleash the cultural potential of Confucianism and the craftsmanship spirit, accelerate the construction of a multi-level patient capital market system, and couple the bilateral risk-taking spirit of venture capitalists and technology developers. This will comprehensively drive the in-depth expansion of "AI+", achieving the deep integration and co-creation of value among technology, capital, and society.

Key words: patient capital, "AI+", confucianism, bilateral risk-taking spirit