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Alibaba is the world’s biggest e-commerce group. Founded by Jack Ma, it owns Tmall.com and its consumer-to-consumer business Taobao.com. Alibaba Group is the owner of the South China Morning Post.
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Washington’s fear of China’s rapid AI progress is evident in US officials trotting out tired accusations and threatening sanctions.
At SCMP’s China Conference, Chief Executive John Lee and panellists made clear the city’s potential as an innovation centre, building on its traditional strengths.
Huawei can now bypass ASML’s technology to make the advanced chips that the US has barred from export to China. This has become a familiar story.
Chinese companies’ proven capability in making affordable, high-quality robotics is poised to be an engine of growth for the future.
OpenClaw’s popularity shows authorities are right to urge caution, even as companies race to localise the new tech.
It seems likely the AI industry will simply swallow up the SaaS sector in China without too much financial or employment damage.
US debate over how to contain China’s tech development is irrelevant as Chinese domestic industry development has already taken full flight.
The real China threat is in exposing America’s AI myths by showing what can be achieved at much lower costs and with greater efficiency.
While some might think there is no harm in making quick money, turning a blind eye to illegal work could put public safety at risk.
While Washington wants to dominate the field with a few close allies, Beijing sees its development as a win-win for all.
After being slow to catch on to the first wave of internet innovations, the city is making its mark in the field of AI development.
In contrast to the perception that Beijing has placed a lot of ‘guardrails’ on AI, China’s AI regulation so far has been limited.
SCMP ColumnistZhou Xin
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