Daily Management Review

Jack Ma believes in possibility of switching to a 12-hour work week


08/30/2019


Jack Ma, the billionaire and founder of Alibaba, said people could only work 12 hours a week thanks to artificial intelligence and educational reform.



ITU pictures
ITU pictures
Ma made this statement during a speech at the World Conference on Artificial Intelligence in Shanghai. He believes that thanks to technological advances, people will be able to work three days a week for four hours a day. The billionaire also called electricity an example of how technology makes life easier for humanity. "Electricity gives people more free time, so you can go to karaoke or a party in the evening. I think that thanks to artificial intelligence, people will have more time to do what they want," said Ma.

The businessman also called on the peoples and governments of different countries to focus on the reform of educational systems in the next 10-20 years so that "our children can find work that requires only three days a week and four hours a day." “Unless we change our educational system now, we will have problems,” Ma warned. According to the billionaire, the current education system is outdated and needs to be updated.

Ma also said he was not worried that many people might lose their jobs due to artificial intelligence. "Computers have only chips, and people have a heart. And wisdom is born in the heart," said the businessman.

source: bloomberg.com






Science & Technology

Uber sues Los Angeles authorities over user data collection

Google Introduces New Coronavirus Website

WHO Warns That The Youth Are ‘Not Invincible' To The Novel Coronavirus

Chinese software company learns to recognize 95% of masked faces

World's largest retailer to use 5G for medical services

SpaceX Receives Approval To Create Research & Manufacturing Facility In Los Angeles

JPMorgan: Transition to e-money will be based on blockchain

Tesla In Advance Talks With CATL For Using Lithium Batteries

Financial giants and US government turn to quantum computers

Long Way To Go For Coronavirus Vaccine, Say Drgumakers

World Politics

World & Politics

US Ambassador To UK Holds China Responsible For Global Spread Of Coronavirus

China to lift quarantine in Wuhan on April 8

Canada, Australia refuse to send athletes to Olympics 2020

Plans For A Possible Delay Of Olympics Being Formulated By Tokyo Organizers: Reuters

Maduro says Venezuela will receive UN assistance to fight coronavirus

2 Million Masks For Coronavirus Crisis In Europe Donated By Jack Ma

National Emergency Declared In The US By Donald Trump Over Coronavirus

China: Coronavirus epidemic peak is over