HOW TO BECOME ONE OF WORLD'S TOP 5 ECONOMIES: JackMaNews (10/17) DAMO Academy will change the world with human values of -1 data intelligence, 2 the Internet of Things, 3 fintech, 4 quantum computing : ALQ & 5 human-machine interaction-will yours be one of the first 7 DamoCity along with AliBaba's supercity Hangzhou (inaugural 40000 person comp summit, host china g20)? - will half the innovation be led by girls? correspondence isabella@unacknowledgedgiant.com rsvp chris.macrae@yahoo.co.uk (at worldclassbrands.tv project of Norman Macrae Family Foundation) if you search out a superapp story worthy of worldwide youth celebrations .. 21st c logistics netpreneurs 10T MIT

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cities- .jack ma's new 15 billion dollar research academy - ma's 7 most wonder cities might be toronto, bangalore, tokyo, LA, beijing, singapore & . or are 7 choices already made?

DAMO (Discovery Adentore Momentum Outlook to) attract world-class talent, build partnerships and open research laboratories in seven cities around the globe..Its research areas will cover data intelligence, the Internet of Things, fintech, quantum computing and human-machine interaction. Within those areas, it will focus on real-world applications like machine learning, network security, visual computing and Natural Language Processing. Intro to Tech

Friday, March 31, 2017

Data Intelligence

why DI and LoveQ matter-
 these are the most exciting times to be alive because  the investments and interactions between 3 generation- grandparents, parents and under 30s - are determining within the next 10 years whether our species is sustainable! if you didn't know of that challenge then its quite likely to be because of a war going on between big data big and big-data small; in the west global1.0 gave all the resources to big data big who now use these resources to fake news on how urgent this end game is -can we escape orwell's big brother syndrome; Jack also talks about the quotient of love- if you have a professional skill but find yourself in a market where all the rewards (including jobs) go to big data big it can take a lot of love to stand up for trusting big data small - this is especially so in education which so often seems to be designed for everyone one but the child's livelihoods- here's jack on this system tragedy  -here's an investigation of how education has turned against kids livelihoods in much of West

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Today, content is very key, but ultimately, the winning strategy has to be beyond content,” he said.
Data plays a central role here as well. Yu noted how Alibaba was able to drive box office sales in China for “A Dog’s Purpose,” a co-production of Alibaba Pictures and Steven Spielberg’s Amblin Entertainment.
Mining its massive trove of consumer data for consumers who previously purchased pet products and those who engaged with related content on Alibaba’s various media platforms, the company was able to deliver specific advertisements for the movie to its most likely audience. The end result: box office sales in China hit $88 million compared to $64 million in the U.S. “This is a good case of how we can leverage our resources and do precise marketing,” Yu said.
AI and Alibaba
Answering a question from the audience on Thursday about Alibaba’s development of artificial intelligence, Tsai noted the company is already using an AI chatbot that can handle 90 percent of customer enquiries and is spreading learning-machine technology to other areas such as logistics and product search.
“A lot of companies say they have an AI department,” Tsai said. “We don’t (say that) because AI lives in every part of our business,” he said, noting that AI “is only in the first inning of the game … We will be able to sprinkle lots of AI surprises into our core businesses to make our core businesses more valuable.”
Clear Skies Ahead for Alibaba Cloud
Investors and analysts attending the second day of Alibaba Group’s Investor Day conference were wondering if Alibaba Cloud, Alibaba’s cloud-computing subsidiary, could maintain its rapid expansion after eight consecutive quarters of triple-digit revenue growth rates.
Alibaba Cloud President Simon Hu assured attendees that, despite competition from players such as Amazon’s market-leading AWS cloud business, there are abundant blue-ocean growth opportunities globally and in China’s nascent market, which is projected to reach $20 billion by 2020, according to Bain & Co.
More than one-third of China’s top 500 companies, among them energy giant Sinopec, automaker Geely, and telecoms company China Unicom, are already Alibaba Cloud customers, as are numerous government agencies like China Customs as well as the 2022 Beijing Olympics—yet the market has barely been tapped.
“This indicates there are strong growth prospects for Alibaba Cloud going forward,” Hu said. With 15 data centers worldwide, “today our footprint is expanding across the globe, in the U.S., Japan, the Middle East and across Asia … we are truly serving a global marketplace” In the quarter ended March 2017, Alibaba Cloud reported it had 874,000 paying customers; Revenue in the quarter was $314 million, an increase of 103% compared with the same quarter of 2016.
Launched eight years ago, Alibaba Cloud is a relative latecomer to the market, but the company is already the world’s fourth-largest Internet cloud services provider in revenue and was No. 1 in China’s public cloud market last year with a market share of more than 40%, according to IDC. About 37 percent of all websites in China are hosted by Alibaba Cloud.
Hu’s positive outlook is based in part on growing demand from Chinese companies in financial services and manufacturing that are ripe for digitalization through cloud computing. China’s vast manufacturing sector wants to transition to smart manufacturing to gain greater supply chain control, yet just 1% of manufacturers have cloud capabilities today, he said.
“That’s going to go up fast,” Hu said. In addition, “many retailers want to be selling offline and online and do omni-channel marketing, this is another big opportunity for us.”
Alibaba Cloud’s innovations in big data analytics and data processing, augmented by artificial intelligence, are also expected to drive growth as the company expands its cloud services and solutions. Businesses don’t just want to store and process data in the cloud because of cost efficiencies, “businesses want to know how to use data,” Hu explained .
“What we can do in terms of technology is provide a deeper level of service. Over the course of the past year, data intelligence has become the most important strategy for Alibaba Cloud … We have 10 years of experience with (AI) algorithms and we are able to leverage that quickly.”
But will Alibaba Cloud, which is nearing profitability, continue to grow triple digits? “We believe cloud will continuously see strong growth in revenue from both more customers and increased customer spending,” said Alibaba Group CFO Maggie Wu.
“We Are A Technology Company”
Alibaba Group Chief Technology Officer Jeff Zhang wants to settle this question once and for all: is Alibaba an e-commerce company or a technology company?
“We are a technology company–we’re built on data,” Zhang said. “What all of our business units want to do with data comes down to us.” In other words, Alibaba’s massive network, data servers and computational horsepower is the fuel that powers the company’s e-commerce, not the other way around.
Not only is Alibaba a tech company, it’s one of the world’s premier tech companies, Zhang said, one that has integrated into its businesses advanced image-recognition and voice-recognition technology, artificial intelligence and “the world’s fastest cloud processing, or streaming processing, platform.”
“Our businesses are more diverse and complex than any other internet company,” he said, pointing out that Alibaba is able to drawing extensive data on shopping habits, geo-location apps, financial services and scores of other sources to help better serve customers and drive efficient merchant operations.
To cite just one example, the result of this capability can be seen in the Mobile Taobao app, which displays personalized homepages that are unique in both layout and content for millions of individual users, adding shopping recommendations from a pool of more than one billion products.
This is a bigger challenge than faced by other major internet companies, Zhang said. “Amazon and eBay are probably the biggest customers of Facebook,” he explained. “On Facebook, you see Amazon advertising and the advertising you see is different for everybody, but there are only 100,000 products listed so they are selecting one from 100,000 products to recommend to you.  So, we have a billion products; one relevant product in a billion to recommend to you requires a higher level of technology.”
While a lot of companies are investing in artificial intelligence, Alibaba has all the ingredients necessary to develop practical AI solutions and is hard at work rolling them out.
The company has massive amounts of data as fodder for learning machines, robust computational power to support real-time AI applications and process complex problems efficiently, advanced AI algorithms, and, perhaps most important, a business that is rich in opportunities to apply AI in ways that are practical and useful.
“Only if you have these things can you truly say you are an AI company,” Zhang said. “So yes, we are better at AI than other companies,” adding that “we are continuously training our systems so our platforms are becoming increasingly intelligent, and that’s our advantage.”
“At Alibaba, we are literally launching new products and new solutions each and every day,” Zhang said. Without giving details, he added that the company is investing heavily in speech-recognition technology and this summer will unveil “a whole new series” of products based on a voice-controlled intelligent platform, products for the home, entertainment, hospitality industry and education markets.

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