chinese entrepreneurs

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China and its A.I. Dream: What We Get Wrong

There’s this assumption that because you have an AI plan, you’ve solved the problem. Whereas actually central forecasting, and planning about complicated, uncertain technological developments is oftentimes flawed and doesn’t solve anything. It may actually be counterproductive. Jeff Ding The State Council of China’s 2017 AI plan was the starting point of China’s AI planning; […]
  1. BUSINESS & ECONOMICS
  2. ENTREPRENEURSHIP
  3. STARTUPS

What Kind Of World will China Lead?

An article in the Financial Times by Mike Moritz, a senior manager at Sequoia Capitalcalled “Silicon Valley would be wise to follow China’s lead” has set the cat among the tech pigeons: the billionaire investor advises workers in Silicon Valley to stop arguing about the length of paternity leave, unlimited vacations, free massages or the imperative need for a rehearsal room at work to […]
  1. INTERVIEWS

Hui Wing Mau, Chairman of Shimao Group

Mr. Hui Wing Mau is the Chairman and Executive Director of Shimao Group. He holds a number of social functions, including CPPCC Economic Committee’s Deputy Director, Vice Chairman of China Federation of Returned Overseas, Chinese Chamber of Commerce Investment Enterprises Association’s Executive Vice President, United World Chinese Entrepreneurs Association’s President, Hong Kong’s New Home Association’s […]

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The Inherent Risks Of A.I.

Key Takeaway: Leading scientists and technologists often make terrible predictions about the direction of innovation, leading to misalignments between a company’s economic incentives to profit from its proprietary AI model and society’s interests in how the AI model should be monetised and deployed. Focusing on the economic risks from AI is not just about preventing […]
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Top Picks

When Will Quantum Computers Actually Become Practical?

Key Takeaway: Quantum computing, which uses entanglement to represent information, has the potential to revolutionize everyday life. However, the development of quantum computers has been slow due to the need to demonstrate an advantage over classical computers. Only a few notable quantum algorithms have been developed, such as the BB84 protocol and Shor’s algorithm, which […]
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Predicting China’s Economy In 2024

Key Takeaway: China’s leaders have declared a GDP growth target of 5% in 2024, despite facing economic problems and a property crisis. The country’s rapid economic growth has been attributed to market incentives, cheap labor, infrastructure investment, exports, and foreign direct investment. However, none of these drivers are working effectively. The government’s determination to deflate […]
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The Future Of Human Computing

Key Takeaway: Neuralink, founded by Elon Musk, aims to implant a brain-computer interface (BCI) in people’s brains, allowing them to control computers or phones by thought alone. This technology holds the promise of alleviating human suffering and allowing people with disabilities to regain lost capacities. However, the long-term aspirations of Neuralink include the ability to […]
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Trending

How China Is Transforming Its Economy Through Learning

I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […]
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