Globalisation can't be stopped; if trade halts, war will follow: Jack Ma
Agencies|
Jan 24, 2018, 08.23 PM IST
DAVOS: Chinese e-commerce giant Alibaba's Group Chairman Jack Ma today said globalisation cannot be stopped and if trade stops then war will follow.
"To dissolve problems we need to embrace globalisation and it is our responsibility and opportunity to improve it," Jack Ma said at a special session here during the World Economic Forum (WEF) Annual Meeting.
"Whether you worry about it the world will be hugely changed in the next 30 years. If there will be a war then it should be a war against disease, environmental pollution and poverty, rather than against ourselves," he said.
The billionaire businessman emphasised that no one can stop globalisation and said that trade sanctions are like bombs.
"I think globalisation cannot be stopped -- no one can stop globalisation, no one can stop trade. If trade stops, the world stops. Trade is the way to dissolve the war not cause the war," he said.
Jack Ma also said that to gain success a person will need high EQ and "if you don't want to lose quickly you will need a high IQ, and if you want to be respected you need high LQ - the IQ of love".
The business leader said we are in a transformative phase of the world due to technology, which will help create interesting careers for people -- but may also cause significant social problems.
He said global trade should be simple, inclusive and modernised. The next generation of globalisation should be inclusive for young people as the first wave was controlled by kings and emperors. In the last 30 years, it has been controlled by 60,000 big companies, he noted.
Speaking on a range of issues, he said Artificial Intelligence (AI) is a big threat to human beings and machines are going to replace several of us in the future.
"The AI, Big Data is a threat to human beings. The AI and robots are going to kill a lot of jobs, because in the future, these will be done by machines," Ma said during a panel discussion during the World Economic Forum (WEF) here.
"I think AI should support human beings. Technology should always do something that enables people, not disable people," Ma added.
The new technology will create a lot of successful people, interesting careers but, honestly, every new technology will create social problems.
When it comes to the responsibilities of tech giants, Ma said that Google, Facebook, Amazon and AliBaba are the luckiest companies of this century.
PTI/IANS
"To dissolve problems we need to embrace globalisation and it is our responsibility and opportunity to improve it," Jack Ma said at a special session here during the World Economic Forum (WEF) Annual Meeting.
"Whether you worry about it the world will be hugely changed in the next 30 years. If there will be a war then it should be a war against disease, environmental pollution and poverty, rather than against ourselves," he said.
The billionaire businessman emphasised that no one can stop globalisation and said that trade sanctions are like bombs.
"I think globalisation cannot be stopped -- no one can stop globalisation, no one can stop trade. If trade stops, the world stops. Trade is the way to dissolve the war not cause the war," he said.
Jack Ma also said that to gain success a person will need high EQ and "if you don't want to lose quickly you will need a high IQ, and if you want to be respected you need high LQ - the IQ of love".
The business leader said we are in a transformative phase of the world due to technology, which will help create interesting careers for people -- but may also cause significant social problems.
He said global trade should be simple, inclusive and modernised. The next generation of globalisation should be inclusive for young people as the first wave was controlled by kings and emperors. In the last 30 years, it has been controlled by 60,000 big companies, he noted.
Speaking on a range of issues, he said Artificial Intelligence (AI) is a big threat to human beings and machines are going to replace several of us in the future.
"The AI, Big Data is a threat to human beings. The AI and robots are going to kill a lot of jobs, because in the future, these will be done by machines," Ma said during a panel discussion during the World Economic Forum (WEF) here.
"I think AI should support human beings. Technology should always do something that enables people, not disable people," Ma added.
The new technology will create a lot of successful people, interesting careers but, honestly, every new technology will create social problems.
When it comes to the responsibilities of tech giants, Ma said that Google, Facebook, Amazon and AliBaba are the luckiest companies of this century.
PTI/IANS
