{"id":269248,"date":"2017-04-24T17:14:06","date_gmt":"2017-04-24T21:14:06","guid":{"rendered":"https:\/\/www.rael.org\/?p=269248"},"modified":"2020-11-13T15:45:40","modified_gmt":"2020-11-13T20:45:40","slug":"alibabas-jack-ma-predicts-decades-of-pain-ahead","status":"publish","type":"post","link":"https:\/\/noproxy.rael.org\/sl\/alibabas-jack-ma-predicts-decades-of-pain-ahead\/","title":{"rendered":"Alibaba\u2019s Jack Ma predicts decades of \u2018pain\u2019 ahead"},"content":{"rendered":"<h5><span style=\"color: #008080;\"><strong>RAEL\u2019S COMMENT:<\/strong><\/span><\/h5>\n<h5><span style=\"color: #008080;\"><strong>On the way to Paradism!<\/strong><\/span><\/h5>\n<p>&nbsp;<\/p>\n<p><!--more--><\/p>\n<p>Chinese billionaire Jack Ma has warned people should prepare for decades of social upheaval and pain as the internet disrupts the global economy.<\/p>\n<p>\u201cIn the next 30 years, the world\u2019s pain will be much greater than its happiness,\u201d\u00a0Ma said at an entrepreneurial conference in Zhengzhou, China.\u00a0\u201cSocial conflicts over the next 30 years will hugely impact every industry.\u201d<\/p>\n<p>According to Ma, the world must radically change the way people are taught and establish how to work with robots to help soften the blow caused by automation and the internet economy.<\/p>\n<p>\u201cMachines should only do what humans cannot,\u201d\u00a0Ma said, adding\u00a0\u201conly in this way can we have the opportunities to keep machines as working partners with humans, rather than as replacements.\u201d<\/p>\n<p>The founder of the e-trading platform Alibaba said he had tried to warn people in the early days of e-commerce it would disrupt traditional retailers but few listened. This time he wants to caution against the impact of new technologies, so no one will be surprised.<\/p>\n<p>\u201cFifteen years ago I gave speeches 200 or 300 times reminding everyone the internet will impact all industries, but people didn\u2019t listen because I was nobody,&#8221;\u00a0he said.<\/p>\n<p>Cloud computing and artificial intelligence are essential for business, according to Ma, who has called for traditional industries to stop complaining about the internet\u2019s effects on the economy. He said Alibaba\u2019s central online marketplace Taobao has already created millions of jobs.<\/p>\n<p>A former English teacher, Jack Ma set up Alibaba in 1999. It is now the world\u2019s biggest e-commerce platform with a market capitalization of $246.12 billion.<\/p>\n<p>The company has recently announced steps to diversify the business, expanding into the digital area. It plans to invest a billion yuan ($145 million) into mobile game distribution.<\/p>\n<p>Last year, Ma revealed an ambitious plan to create 100 million jobs in the next two decades.<\/p>\n<p><a href=\"https:\/\/www.rt.com\/business\/385913-jack-ma-world-pain\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #0000ff;\">https:\/\/www.rt.com\/business\/385913-jack-ma-world-pain\/<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RAEL\u2019S COMMENT: On the way to Paradism! &nbsp;<\/p>\n","protected":false},"author":71,"featured_media":282713,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-269248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/noproxy.rael.org\/sl\/wp-json\/wp\/v2\/posts\/269248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noproxy.rael.org\/sl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noproxy.rael.org\/sl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noproxy.rael.org\/sl\/wp-json\/wp\/v2\/users\/71"}],"replies":[{"embeddable":true,"href":"https:\/\/noproxy.rael.org\/sl\/wp-json\/wp\/v2\/comments?post=269248"}],"version-history":[{"count":0,"href":"https:\/\/noproxy.rael.org\/sl\/wp-json\/wp\/v2\/posts\/269248\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noproxy.rael.org\/sl\/wp-json\/wp\/v2\/media\/282713"}],"wp:attachment":[{"href":"https:\/\/noproxy.rael.org\/sl\/wp-json\/wp\/v2\/media?parent=269248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noproxy.rael.org\/sl\/wp-json\/wp\/v2\/categories?post=269248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noproxy.rael.org\/sl\/wp-json\/wp\/v2\/tags?post=269248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}