Jack Ma shares pearls of wisdom
Humans will always be smarter and wiser than machines and will never be replaced, Ma says
they calculate faster, they never become hungry and upset, they don’t sleep. However, machines may be smart, but human beings are wiser. Machines only have chips. Humans have hearts. Hence we should have confidence instead of fear,” he said.
Ma noted that governmental digitization is important in order to serve people more effectively and at lower cost.
“The South African president is very enthusiastic in embracing this technology revolution, and I will be very happy to join forces with him to ensure that you have a smart government,” Ma said.
He said that, in his opinion, every country should pay attention to people younger than 30 because they are the internet generation. They should also pay attention to the companies that have fewer than 30 employees, because the next technology revolution is a big challenge for big companies but a great opportunity for small companies.
“The next 30 years will be a period of both the biggest challenge and the biggest opportunity,” he said. “Most people will complain, but those who will solve the problem of complaining will be successful.”
His advice to entrepreneurs: “Don’t give up, be optimistic, have dreams, believe in the future, work with the team and get things done today.”
Cyril Ramaphosa, the South African president, thanked Ma for his insights. “I have learned about the importance of the three Es — education, entrepreneurship and efficient government,” he said.
The president said he particularly like the advice that entrepreneurs should be treated as heroes.
“We should move away from what we have been fed and are accustomed to, where we called entrepreneurs all sorts of names and treated them like enemies and white monopoly capitalists. That must end today. Let’s treat them like heroes because they are here to develop and grow our economy,” he said.
Ramaphosa said he looked forward to South Africa’s partnership with Alibaba, which will include training of South African youth on entrepreneurship and the establishment a training hub in the country.