Sixth Kondratiev Wave Driven by AI and New Energy Taking Shape, Says DMALL's Zhang Bin

Deep News
03/19

The 2026 Yabulu Forum Annual Meeting was held in Yabulu, Heilongjiang Province from March 17th to 19th. During the closing ceremony, Zhang Bin, CEO of DMALL and Chairman of Financial World Group, delivered a speech.

He stated that the sixth Kondratiev Wave, characterized by advancements in artificial intelligence and new energy, is currently in its formative stages. This month, a report titled "Global Intelligence Crisis 2028" released by Citrini went viral, while another report, "AI Substitution Rate of Human Skills" from Anthtopic, caused significant concern among many. These reports depict a dystopian future dominated by AI and have triggered unease in capital markets; however, Zhang Bin emphasized that the flip side of a crisis is opportunity.

At the forum's opening ceremony, Academician Zhang Yaqin mentioned that the market capitalization of US software companies had evaporated by $2 trillion amidst the AI surge. Zhang Yaqin pointed out that this was a misjudgment, as AI is fostering a much broader market for AI Agents. The arrival of the Agent era represents both a disruption and a significant opportunity. For both businesses and individuals, learning to collaborate with AI does not lead to a bleak future but rather opens the door to a golden age.

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