"In 30 years, the Internet will be more important to the global economy than oil is today," said Jack Ma, founder and chairman of the world's largest trading platform, Alibaba Group, in Moscow.
The Chinese billionaire said that digital technologies will be the solution to many of today's problems, will contribute to the development of a sustainable world, will make people happier and will distribute the achievements of globalization more evenly. As for the economy, he said that The world is looking forward to a transition to fully electronic commerce and industries will stop creating new jobs.
"Soon it will not matter whether something is made in China, or the US, or somewhere else. The industry will stop creating new jobs, because production will be handled by machines and artificial intelligence, while people will do something else," he predicted. Jack Ma.
At the same time, the billionaire reassured the audience, explaining that there was nothing to worry about. "Yes, over time machines will become more and more like humans, but, at the end of the day, people will still be people. We have faith, relationships, values that machines don't have, so I don't think they can take our place," he concluded.
Jack Ma made the remarks at the Open Innovations Forum held in the Moscow region from October 16 to 18, 2017.
The main objectives of the forum are the development and commercialization of the most innovative technologies, the dissemination of the latest advances of the most important global brands in the technological sector, as well as the creation of new tools for international cooperation related to innovation.
Source: Sputnik
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