Alibabin’s chairman Joe Tsai spoke on Wednesday at CNBC’s Converge Live event in Singapore.
CNBC
The future of artificial intelligence is the main topic of conversation among global technological and business leaders at CNBC Converge live in Singapore.
Numerous company bosses with a big name talked about AI’s potential and talked about how to influence the future of work and productivity.
Here’s a compilation of the quotation of some of the best corporate leaders who attended Converge Live this week:
Joe Tsai, President of the Alibaba Group
Joe Tsai, president of the giant e-trade Alibabatalked about how AI could improve productivity and increase global GDP, with a total addressable market of “at least $ 10 trillion, if not bigger”.
“If you look at Ai, what does that do? It actually improves human productivity,” he said, noting that Alibaba can have a lot of benefit from the deployment of AI in your own business.
Tsai also discussed how to publish a Chinese driver AI start-up Deepseek open source model in January influenced the global space of AI and led to the “spread of applications”.
“I think the so-called deep moment is really not in this whether China has better AI than the US or vice versa. It’s actually an open code power,” he said.
“Once you open the model, people can take a model and schedule it on their own infrastructure, whether it is a data center or on your laptop, you suddenly have the power of AI at your fingertips.”
“You now have small businesses and large companies, corporations and individuals and entrepreneurs that develop at the top of this open code [models]So the AI game is not left only five richest companies in the world that they can afford to invest like $ 50 billion a year, “he added.
Dean Carignan, Ai of Innovation leads to Microsoft
Dean Carignan, AI innovation MicrosoftThey discussed the concept of “AI -focused on man” and how it can help improve the future of the job.
“Ai focused on a man means starting with a user and first asking: what should you do? Unlike: what can do? … so much [AI] The debate is around models and technology and capabilities. We should start with a user and needs. “
Carignan also noted that AI could help improve human productivity, not replicate it.
“We like to talk about complementarity and thinking about the bodies of work in which AI can take away work at work and enable man to provide things that only a person can do: creativity, innovation, construction of coalition, inspiration, motivation of others.”
Guy Diedrich, Global Innovation Officer in Cisco
Guy Diedrich, SVP and Global Innovation Officer CiscoThey discussed the importance of AI companies that provide confidence in space.
“Trust is basically for us we move forward … you don’t get access to data [for AI] Unless you are trusted, the way you are trusted in our industry is to ensure safety and be transparent. “
Diedrich also discussed how fast the company must be agile to be up to date with the rapid innovation of AI.
“We are currently in AI micro age or AI moment. In the next few years, AI will be built into everything we do. We’ll take it for granted,” he said. “Be willing to skill at the speed of innovation. Otherwise, your people will never be as productive as they might be.”
Ganesha Rasiah, Chief Director of the Strategy in HP
Ganesha Rasiah, Chief of Strategy at HP.
Ganesha Rasiah, Chief of Strategy at HP, said Converge Live about the impact that AI can have on the labor market.
“Certain jobs will be eliminated. I think this is to be expected, but we do not anticipate the world where there is a significantly elevated level of unemployment,” he said.
Instead, as AI opportunities become more affordable, an explosion will appear in demand and shifts in the nature of work, “he added.” There is an element of the democratization that AI brings, which I think is huge. I realize that he is able to tide all the ships. “
Kamal Bhatia, President and Executive Director, Main Property Management
Kamal Bhatia, President and Executive Director of Main Property, described an increase in Deepseek as “pretty amazing.”
“I would describe it as an innovation under trouble,” he said.
Investors can miss if they think innovation occurs only if capital exists, he added. “What it proves in the Chinese experiment … Is it really innovation without capital,” he said. With “trouble, you can actually jump.”
Marc Benioff, Salesforce CEO
Marc Benioff, CEO of Enterprise S
“I think what you just saw with Deepsek, and also is Alibaba, with their Qwen model, that you don’t need this technology. So, I think it has to be reviewed. What exactly do you do and why do you do it?”
“You can also get into a group thinking and technology, and this idea-do they have? Well, maybe they are, but maybe not.”
