Jack Ma calls on leaders to embrace promises of artificial intelligence

(Bloomberg) — Alibaba Group Holding Ltd. Chairman Jack Ma, who wooed President Donald Trump earlier this year with a pledge to help create 1 million new U.S. jobs by 2021, said people should stop looking to manufacturing to drive economic growth.

While the rapid speed of technological change is understandably causing concern about the future, Ma called on leaders to embrace the promise of advances like artificial intelligence to span whole new industries. “These worries are very normal — two hundred years ago when the steam machine came, people started thinking the steam machine is going to take a lot of jobs,” Ma said, speaking at the Bloomberg Global Business Forum in New York.

Author: Emily Chang


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