# Zhongguancun

The Architecture of Innovation: Peter Howitt and China’s Tech Elite Re-examine Growth in the AI Era

Nobel Laureate Peter Howitt joined leading Chinese scholars to discuss the role of 'Creative Destruction' in the AI age, proposing a seven-factor model for sustained economic growth. The dialogue focused on the necessity of letting old industries fail to make room for AI-driven innovation and the emergence of human-machine symbiosis.