Binance co-CEO Yi He, speaking at the Hong Kong Web3 Festival 2026, said artificial intelligence has diverged into two distinct development tracks — large foundation models and physical AI — with meaningful breakthroughs in both. Yi said the long-term vision is for blockchain to provide a lower-cost financial infrastructure layer on which AI can more efficiently serve the broader public. She cautioned against technological arrogance in the context of the US-China AI competition, arguing that the true measure of any AI system is not its technical capability but its practical utility to individual users