AI, Quantum & Entrepreneurship in China

Peter DiamandisDr.Peter H. Diamandis is a Greek American engineer, physician, and entrepreneur best known for being the founder and chairman of the X PRIZE Foundation, the co-founder and chairman of Singularity University and the co-author of the New York Times bestseller Abundance: The Future Is Better Than You Think.

Last week, Eric Schmidt, Chairman of Alphabet, predicted that China will “rapidly overtake the U.S. in artificial intelligence… in as little as five years.”

Last month, China announced plans to open a $10 billion quantum computing research center in 2020.

Bottom line, China is aggressively investing in exponential technologies, pursuing a bold goal of becoming the global AI superpower by 2030.

Based on what I’ve observed from China’s entrepreneurial scene, I believe they have a real shot of hitting that goal.

As I described in a previous tech blog, I recently traveled to China with a group of my Abundance 360 members, where I was hosted by my friend Kai Fu Lee, the founder of Sinnovation Ventures.

On one of our first nights, Kai Fu invited us to a special dinner at DaDong Roast, which specializes in Pei King duck, where we shared an 18-course meal.

The meal was amazing, and Kai Fu’s dinner conversation provided us priceless insights on Chinese entrepreneurs.

Three topics opened my eyes. Here’s the wisdom I’d like to share with you.

  1. The Entrepreneurial Culture in China

Chinese entrepreneurship has exploded onto the scene and changed significantly over the past 10 years.

IMHO, one significant way that Chinese entrepreneurs vary from their American counterparts is in work ethic. The mantra I found in the startups I visited in Beijing and Shanghai was “9-9-6” – meaning the employees only needed to work from 9 am to 9 pm, 6 days a week.

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Does European Populism Exist?

BY Timothy Garton Ash a British historian, author and commentator. He is Professor of European Studies at Oxford University.

What is populism? Where does it come from; where is it going? What does it mean for the world’s institutions and what can be done about? asks Dani Rodrik in introducing the inaugural talk by the  Weatherhead Center Cluster on Global Populism with Tim Garton Ash, Professor of European Studies at St Antony’s College, Oxford, speaking at the Minda de Gunzburg Center for European Studies at Harvard last month.

This lecture has been published in the Social Europe Journal on
October 27, 2017. To listen to it please visit:

Does European Populism Exist?

Assetization of Human Capital

By Martin Ejenobor. Partner at Revele. He  is a Business Adviser, Innovation Strategist, Speaker, Trainer, Thinker and Entrepreneur with over 15- years multifaceted experience proffering solutions “to” various industries including FMCG, Luxury Goods, Human Resource Development and Sports.

“This article addresses the concept of people as capital that companies can buy and sell. Is this just a dream or it’s a trend?
How soon will it happen if at all”

Here are some excerpts from this article posted in LinkedIn recently. Click on the link at the end of this sharing.

“Let’s start by defining the word ‘asset’ then we will describe it in context for clarity”.

“The definition of the word asset usually comes close to the ability of a (tangible or intangible) things to be monetized. If it cannot be sold, it is has no value for the which it may be traded then it is not an asset”.

“Human Capital is a Knowledge Based Asset (KBA) and therefore yields as such. So back to our talk of assetization, it is clear that an asset is anything an entity can trade for money (Knowledge, property -tangible or intangible, stocks, bonds, etc) but has any organization traded its humans (staff) as assets? Your guess is as good as mine- none!”

Continue reading Assetization of Human Capital

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