LAIX CEO Wang Yi delivered a speech on How Technology Can Transform Education. According to Wang Yi, education must tackle three major problems: high cost, low efficiency, and mismatched educational resources caused by urban-rural disparity. Also, the quality of education in big cities needs to be improved. Wang Yi believes that education should be more personalized, more efficient, and more widely accessible in the future. The three cruxes mentioned above can be achieved by using the internet, AI, cloud computing, and big data to digitalize education and eventually reach a tailored, efficient, and mutually beneficial environment for educators and students.