[ECP] NetHappenings Mailing List 8.15.18

Kai-Fu Lee

AI Superpowers China, Silicon Valley and the New World Order

background
Born in Taipei, Lee has been working in the internet and technology industry in the U.S. and China for the past two decades. With computer science degrees from Columbia University and Carnegie Melon University, Lee worked for Apple  SGI and Microsoft MSFT before joining Google in 2005 to lead the company’s China operations.
9.5.13 Kai-Fu Lee, 51, founder and CEO of Innovation Works and former president of Google China, has been diagnosed with lymphoma
1.18.14 Ex-Google China chief Lee Kai-fu dismisses rumours of his demise China’s social media on Friday was full of erroneous speculation that the former Google China chief and influential microblogger Lee Kai-fu, who has been publicly battling cancer, had died.
2017 The Real Threat of Artificial Intelligence By KAI-FU LEE 
It’s not robot overlords. It’s economic inequality and a new global order.

Chinese and American AI will have a strong impact on white-collar jobs as well. Is universal basic income the solution? In Lee’s opinion, probably not. AI is poised to bring about a wide-scale decimation of jobs — mostly lower-paying jobs, but some higher-paying ones, too. We are thus facing two developments that do not sit easily together: enormous wealth concentrated in relatively few hands and enormous numbers of people out of work.

U.S. vs CH — Enormous wealth concentrated in the U.S. and China
Google, Tesla and Uber. As for the consumer internet market, seven American or Chinese companies — Google, Facebook, Microsoft, Amazon, Baidu, Alibaba and Tencent — are making extensive use of A.I. and expanding operations to other countries, essentially owning those A.I. markets. It seems American businesses will dominate in developed markets and some developing markets, while Chinese companies will win in most developing markets.

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<Our Opinion of how this should work> –
Companies will pay the taxes from displaced workers where they now have robots working instead. YES those companies own it all and will pay for it all.  The government will in turn give the taxed money to the population. The whole goal of machines was to take the place of people having to do it. It should be a win win situation.
If the biggest companies own it all they have to subsidize it all.
Basic Universal Income.
People who wish to… can choose to can work in the “service jobs” that A.I. cannot do, that society needs, for even more money.
Profits are the domain of  the last century it’s the way the world used to work, because now there is no need to work! There is only a need to help others.
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2018 TED talk “How AI will save Humanity” Is  about selling his book
https://aisuperpowers.com
AI will be the fastest transition humankind has experienced, and we’re not ready for it. Discover why human compassion will be the key to survival.
“The West may have sparked the fire of deep learning, but China will be the biggest beneficiary of the heat the AI fire is generating.” Kai-fu Lee, in the forthcoming AI Superpowers: China, Silicon Valley, abs the New World Order @kaifulee
AI Superpowers China, Silicon Valley and the New World Order
Dr. Kai-Fu Lee is coming to Disrupt SF to talk about how AI will eat everything, especially jobs
https://techcrunch.com/2018/06/07/dr-kai-fu-lee-is-coming-to-disrupt-sf-to-talk-about-how-ai-will-eat-everything-especially-jobs/