The 2024 Lujiazui Forum will be held in Shanghai with the theme of promoting world economic growth through high-quality financial development. Liu Jun, chairman of Industrial and Commercial Bank of China, said that there have been different changes in the speed and dimension of technological innovation. In the process of rapid innovation, people have been talking about how long Moore's Law can last and whether it will decline. From the current results, it has not declined. Moore's Law still holds and may develop even faster. We can see that the efficiency of artificial intelligence chip development has increased by 1,000 times in eight years. This development speed tells us that marginal effects of technological innovation may decrease, and traditional economic laws may be overturned in this field. He said that a reinforced version of the Matthew effect has appeared in technological innovation, where the winner takes all, and the effects of head companies and technology giants on ecosystem and industry reshaping are becoming increasingly powerful.