Jack Ma shares pearls of wis­dom

China Daily European Weekly - - Business -

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.

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