“At this year’s World Artificial Intelligence Conference (WAIC) in Shanghai, Alibaba Group Holding founder Jack Ma spoke on stage at the opening ceremony. But not in person – he appeared as a holographic projection at the event on July 9, which took place mostly online amid the coronavirus pandemic. The global AR market is projected…
Tag: Jack Ma
It’s Time for Alibaba to Slay the Monster Jack Ma Created
“The Nov. 11 annual event, which has been going for a decade, started as a marketing gimmick for an upstart e-commerce company looking to draw a crowd. And it did. GMV (gross merchandise value) grew more than 4,000 times between 2009 and 2018, hitting $30.8 billion last year Alibaba doesn’t want to be just an…
Jack Ma: A.I. could give us 12-hour work weeks
Hector Retamal | AFP | Getty Images “Billionaire Jack Ma, who stirred controversy when he made comments supporting 12-hour work days, now says with the advent of advanced technology and artificial intelligence, people should work 12-hour work weeks. ‘I think people should work three days a week, four hours a day,’ Ma, the founder of…
Jack Ma’s US$290 bil loan machine is changing Chinese banking
“Jack Ma’s online bank is leading a quiet revolution in the way China lends to small businesses, taking aim at a credit bottleneck that has held back Asia’s largest economy for decades. Using real-time payments data and a risk-management system that analyses more than 3,000 variables, Ma’s four-year-old MYbank has lent 2 trillion yuan (US$290 billion) to…