Yanyan Zhao's questions to Kanzhun Ltd (BZ) leadership • Q3 2024
Question
Yanyan Zhao questioned the progress of the company's overseas business and how investments would be balanced with profit targets. She also asked for the company's view on AI applications in recruitment and their potential for revenue generation or cost reduction.
Answer
CEO Peng Zhao stated that there will be no large-scale investment in overseas business next year, as the company is still in a small-scale, experimental phase and will not commit significant capital without more certainty. On AI, he noted that while there is much hype, practical applications are key. He outlined principles of fairness and transparency in AI use. A primary current application is enhancing platform security, where AI has improved the efficiency of the safety review team, thereby increasing the cost for fraudulent actors and creating real operational value.