China is one of the largest AI markets in the world: the stakes of AI are very important for China as they represent the future of economic development. With the one-child policy, China has greatly aged its population, which will soon be in an imbalance of assets and liabilities. The development of AI and its potential for practical applications can enable China to continue its economic growth.
#China is one of the largest #AI markets in the world: the stakes of AI are very important for China as they represent the future of economic development. With the one-child policy, China has greatly aged its population, which will soon be in an imbalance of assets & liabilities. pic.twitter.com/Eh44EUGd1O
Currently, I’m on a 4-week China trip, visiting many cities. In Hangzhou, I met CEIBS peers who work for Alibaba. While the Alibaba campus is quite impressive, I got even more impressed by Alibaba’s leadership culture, which is encouraging its employees to innovate as intrapreneurs.
If you start your own project (a new mobile app, a patent, a scientific paper, etc.), you’re doing it in your own pace, you’re not being micro-managed and you’ll receive a bonus based on success. Intrapreneurship at Alibaba is just one of many examples where we (Europeans) can learn a lot from China!
Yue and me, Hangzhou West Lake
While traveling in China I was reading AI Superpowers: China Silicon Valley, and the New World Order by Kai-Fu Lee, a book that is a must-read to get an idea where China’s AI ambitions are heading to. What matters most for AI innovation these days, the author argues, is access to vast quantities of data—where China’s advantage is overwhelming.
A quite entertaining book focusing on the new mindset of China’s young generation is this one: Young China: How the Restless Generation Will Change Their Country and the World by Zak Dychtwald.
Located right in the center of Beijing‘s business district Donghuamen, the Wangfujing Night Market is known to many as the “Crazy Food Street”. Even though you can have the scorpions fried before you eat them, you also have the option of being brave and eating them alive. Mentally, one of the most difficult things to eat, especially since the scorpions are still alive an moving just before you eat them.
And if you are really feeling adventurous, try delicates like starfish, chicken heart, duck tongue, shrimp eggs, centipede, octopus tentacle and many more. I especially enjoyed silk-worms, very small but thick bugs that looked like they had a shell.
Imagine we were just electrified in Tokyo, not tired at all hopping back to Beijing where we continued our trip. After passing through the chaos of the airport taxi rank, we decided to take the metro. Finally, after wandering around a few alleyways and asking a few times we ran into an old Chinese man who pointed us in the right direction and we finally checked into the Inner Mongolia Grand Hotel Beijing.
Smog covering Beijing
The first thing that comes to mind about Beijing is the smog in the air and the smell of exhaust fumes. It was very evident that the air here is not very clean even at night. Last time I experienced such air polution was 2007 in Bangalore, India. You hear a lot about it but you have to breathe it to fully comprehend how thick it actually is.
The Forbidden City was the first site that we visited in Beijing. Off limits for 500 years, the Forbidden City in the heart of Beijing was finally opened to the masses in 1949. This is a huge complex and China’s most spectacular architectural structure. The Forbidden City was home to 24 emperors in two dynasties, the Ming and the Qing.
The three main halls of the outer court, Hall of Supreme Harmony, Hall of Central Harmony and Hall of Preserved Harmony form a line inside the gate. These halls are all situated on three-tier marble terraces, with ornate marble balustrades. An impressive stone ramp carved with coiled dragons and clouds is located between the steps leading up to each hall. The ramp of Hall of Preserved Harmony is the largest.
The Forbidden City is an amazing walk around that took us one day. We continued with …
“The journey of a thousand miles begins with one step.” – Lao Tzu
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