Jack Ma, founder of Chinese e-commerce behemoth Alibaba and one of the world’s most successful entrepreneurs, says he worries about the scary Artificial Intelligence revolution. Artificial Intelligence could decimate middle-class jobs and might cause World War III, but it could also be the opportunities to build new companies and change the current status quo of Africa. He believes that AI will be smarter than human and in the future we will make robot more like human.
He spoke to young African at the University of Nairobi and encourage African Entrepreneurs “When I arrived, I found the internet speed in Kenya is faster than in United states, and you will build even better infrastructure and build the future of Africa because entrepreneurship is the best philanthropy to help the society.”
Jack Ma is the founder of the E-commerce giant Alibaba and is a stakeholder at Alipay, its sister company which is an e-payment portal. He is now officially the richest man in China with an estimated net worth of $25 Billion, on the back of the recent world record $150 Billion IPO filing of his company. Given all of this, Jack Ma only holds a 7.8% stake in Alibaba and a 50% stake in Alipay.