At the end of the day, have any of us thought about the immutable function of nature, i.e. light waves, used to measure distance or why democratic governments recognize their obligation to protect the civil liberties, the rights of their citizens, but Communist governments don't.
Robots with artificial intelligence might as well take our jobs, if we lack the humility to recognize we don't have all the answers and have no curiosity, no love of learning, no desire to read a book, and no willingness to risk the failure of trying something new.
Five thinkers present alternative approaches to future employment.
Personal Touch
Being able to relate, person to person, on an emotional level could be the winning skill for some future careers in fields such as medicine, police work, and religion. What needs are people satisfying, when they check their smartphones, a mirror, or the mole on their arm over and over every day? Are they concerned about social issues outside themselves, life changing measures that offer hope and motivation, reduced anxiety, or a functional benefit that provides more money?
How much does a patient want to know about her or his condition? the risks of treatment options? how long it will be before treatment provides a better quality of life? Some 81-year-olds will arrive at a doctor's office having done extensive internet research about their ailments and ready to take any risks for the possibility of improving their lives, even if costly pills, twice weekly therapy sessions, and monthly doctor's visits will continue for the rest of their lives. Some won't.
Eric Mack, who wrote an article for inc.com, suggests students have opportunities in careers that enable them to do what robots can't: deliver personalized service, diagnose and solve non-routine problems, and enter into a collaborative give and take with others. At Big Think (Nov. 13, 2016), Micho Kaku said robots can't match the creativity and imagination needed by gardeners, scientists, and those who write rock and toll tunes. Amazon, Netflix, and Spotify try to pick the books, movies/TV shows, and music you'd choose for yourself and Facebook thinks it can select only the news and ads you want to see, but maybe you or a person who knows you personally can provide even better suggestions.
.
Cottage Industries
Jack Ma, founder and executive chairman of Alibaba, China's family of Amazon-like e-commerce businesses, expects small companies to use the internet to find customers and sell their products throughout the world. He suggests schools need to prepare students to analyze customer data. To operate on the world stage, he fails to mention a small business owner also needs to understand foreign currencies, laws, and languages. New importers and exporters could benefit from an organization similar to the Food Enterprise & Economic Development (FEED) Kitchen in Madison, Wisconsin. This nonprofit incubator for would-be entrepreneurs in the food industry helps obtain necessary permits; provides kitchen, refrigerator, freezer, dry storage, and dish washing space; and serves as a drop-off point for deliveries.
Microsoft's co-founder, Bill Gates, echoes Ma's emphasis on the need for educational systems to prepare students to base conclusions on statistical analysis. Where Ma's focus is on consumer data, Gates' is on data related to the spread of disease. He stresses the importance of science, engineering, and economics and equipping students to understand what those in these fields can and cannot do.
Think about the book and movie, The Big Short, which entertained and explained the financial concepts of the 2008 housing crash. How can entrepreneurs and small businesses in the arts earn a living on the world stage?
Leader/Servant
David Eli Lilienthal, the director and chairman of the government-owned Tennessee Valley Authority that brought electric power to a region not served by private corporations, made a fortune by taking chances in private business after he left the public sector. In the journals, actually loose-leaf notebooks, he began writing when he was a high school student, we learn he found the business life full of creative original minds, but he also found solving management problems was not enough. He missed the gratification of public service until he found a way to combine it with private enterprise in the big, new company he started. He found he could make a profit by helping foreign countries develop their resources for the benefit of their citizens.
In Conclusion
There you have it, advice to offer personal service, start a small business, or found/work for a major corporation that makes big profits from projects that improve the world. Your choice. As Ma believes, "machines will never get the wisdom and experience that comes from being human."
Showing posts with label Ma. Show all posts
Showing posts with label Ma. Show all posts
Thursday, June 22, 2017
Friday, September 19, 2014
Let's Visit China
While the world is focused on Scotland's vote to remain in the United Kingdom, the Ebola epidemic in West Africa, and ways to contain the ISIS menace, a number of Chinese developments merit attention.
China's e-commerce platform, Alibaba, raised $25 billion when its shares went on sale September 19, 2014. As with other e-commerce firms, there are charges pending about the lack of sales tax paid on Alibaba purchases, and there is concern about e-commerce sales of counterfeit items. Also, there has been no news about how well China's shipping and delivery network is handling online purchases, a problem that has adversely affected India's e-commerce boom (See the later blog post,"Problems Present Career Opportunities.").
Alibaba was not the only company to enjoy a strong response to its initial stock offering. China's CGN nuclear power group received a similar response when its shares went on sale for the first time in Hong Kong. Yet, in January, 2015, the Chinese residential real estate developer, Kaisa Group Holdings, defaulted on a $128 million payment to foreign investors holding $500 million in bonds promising a 10.25% yield.
Urbanization and higher incomes in China are raising demand for locally produced goods, baby formula, disposable diapers, Western foods (such as cheese and Starbuck's and Costa coffee) and movies. Aiming to expand into the film business, Dalian Wanda, China's fourth richest man, who operates China's largest cinema chain and luxury hotels, is expected to open a major office in Hollywood, where he has shown interest in buying shares in and film collaboration with Hollywood's Lionsgate studio. Jack Ma, executive chairman of Alibaba, also has had discussions with Lionsgate. In 2017, movie box office revenue in China will be $8.6 billion. By then, film studios and movie stars will begin to stash revenue in the Khorgos tax haven on China's far northwestern border with Kazakhstan.
Local governments continue to prop up failing heavy industrial plants, and China's manufacturing sector does not turn down opportunities to produce religious items. Though an atheist country, a Chinese factory has published over 125 million Bibles. Unfettered industrialization continues to cause China problems with pollution. Recent studies show China's population produces more carbon dioxide (CO2) per head than the European Union and U.S. Therefore, it was great news November 12, 2014 to learn that China and the U.S. have signed a pact, however symbolic, to limit carbon emissions. At a dinner and meeting in Beijing's Great Hall of the People during the November 11-12, 2014 Asia-Pacific Economic Cooperation (APEC) summit, both President Obama and President/General Secretary of the Chinese Communist Party, Xi Jinping, stressed peace, prosperity, stability, and a partnership that fosters security in a Pacific Ocean "broad enough to accommodate the development of both China and the United States."
At the end of the APEC summit, after Japan's Prime Minister, Shinzo Abe, and China's President met on November 10, 2014, Abe said he hoped the two countries would talk again and again (a hotline to prevent their vessels from conflict in the East China Sea has been proposed) and that they would work toward a mutually beneficial relationship. Earlier, a Chinese diplomat in Iceland was arrested as a spy for Japan.
Hong Kong tycoons are spending freely. The Chan brothers have donated $350 million to Harvard and expect to make another sizable donation to the University of Southern California. Stephen Hung ordered $20 million worth of Rolls Royces to transport gamblers at his Louis XIII resort in Macao. Nonetheless, Chinese gamblers, who have been staying away from Macao's casinos for fear of being targeted in China's crack down on corruption, have put a big dent in the island's revenue as they try to stay clear of China's anti-graft investigations into the origin of their wealth. Casinos in Cambodia have benefited from this exodus of Chinese gamblers trying to stay under the radar. Macau's investors, on the other hand, are trying to regain visitors by following the Las Vegas model and giving the island a more family-friendly image by adding a $2.3 billion theme park to a new casino.
Despite the use of tear gas and the arrest of a leader of the pro-democracy activists in Hong Kong, which has an almost country-to-country border crossing procedure with mainland China, protests continue to oppose Beijing's attempt to dictate which candidates can run for election in 2017. (See the later blog post, "Hong Kong Update.") Though not secure from authorities, Hong Kong protesters are using the smartphone mobile app, FireChat, to communicate with each other without relying on Internet connections. President Xi believes foreign countries are involved in the protests.
The number of Chinese students, who once made up 33% of international grad students in the U.S., is decreasing. French speaking Chinese students are on their way to former French African countries to work for Chinese companies there. In English-speaking Africa, China is building a $12 billion, 1,400 km railway in Nigeria.
(For more about China, see the earlier blog post, "See the World.")
China's e-commerce platform, Alibaba, raised $25 billion when its shares went on sale September 19, 2014. As with other e-commerce firms, there are charges pending about the lack of sales tax paid on Alibaba purchases, and there is concern about e-commerce sales of counterfeit items. Also, there has been no news about how well China's shipping and delivery network is handling online purchases, a problem that has adversely affected India's e-commerce boom (See the later blog post,"Problems Present Career Opportunities.").
Alibaba was not the only company to enjoy a strong response to its initial stock offering. China's CGN nuclear power group received a similar response when its shares went on sale for the first time in Hong Kong. Yet, in January, 2015, the Chinese residential real estate developer, Kaisa Group Holdings, defaulted on a $128 million payment to foreign investors holding $500 million in bonds promising a 10.25% yield.
Urbanization and higher incomes in China are raising demand for locally produced goods, baby formula, disposable diapers, Western foods (such as cheese and Starbuck's and Costa coffee) and movies. Aiming to expand into the film business, Dalian Wanda, China's fourth richest man, who operates China's largest cinema chain and luxury hotels, is expected to open a major office in Hollywood, where he has shown interest in buying shares in and film collaboration with Hollywood's Lionsgate studio. Jack Ma, executive chairman of Alibaba, also has had discussions with Lionsgate. In 2017, movie box office revenue in China will be $8.6 billion. By then, film studios and movie stars will begin to stash revenue in the Khorgos tax haven on China's far northwestern border with Kazakhstan.
Local governments continue to prop up failing heavy industrial plants, and China's manufacturing sector does not turn down opportunities to produce religious items. Though an atheist country, a Chinese factory has published over 125 million Bibles. Unfettered industrialization continues to cause China problems with pollution. Recent studies show China's population produces more carbon dioxide (CO2) per head than the European Union and U.S. Therefore, it was great news November 12, 2014 to learn that China and the U.S. have signed a pact, however symbolic, to limit carbon emissions. At a dinner and meeting in Beijing's Great Hall of the People during the November 11-12, 2014 Asia-Pacific Economic Cooperation (APEC) summit, both President Obama and President/General Secretary of the Chinese Communist Party, Xi Jinping, stressed peace, prosperity, stability, and a partnership that fosters security in a Pacific Ocean "broad enough to accommodate the development of both China and the United States."
At the end of the APEC summit, after Japan's Prime Minister, Shinzo Abe, and China's President met on November 10, 2014, Abe said he hoped the two countries would talk again and again (a hotline to prevent their vessels from conflict in the East China Sea has been proposed) and that they would work toward a mutually beneficial relationship. Earlier, a Chinese diplomat in Iceland was arrested as a spy for Japan.
Hong Kong tycoons are spending freely. The Chan brothers have donated $350 million to Harvard and expect to make another sizable donation to the University of Southern California. Stephen Hung ordered $20 million worth of Rolls Royces to transport gamblers at his Louis XIII resort in Macao. Nonetheless, Chinese gamblers, who have been staying away from Macao's casinos for fear of being targeted in China's crack down on corruption, have put a big dent in the island's revenue as they try to stay clear of China's anti-graft investigations into the origin of their wealth. Casinos in Cambodia have benefited from this exodus of Chinese gamblers trying to stay under the radar. Macau's investors, on the other hand, are trying to regain visitors by following the Las Vegas model and giving the island a more family-friendly image by adding a $2.3 billion theme park to a new casino.
Despite the use of tear gas and the arrest of a leader of the pro-democracy activists in Hong Kong, which has an almost country-to-country border crossing procedure with mainland China, protests continue to oppose Beijing's attempt to dictate which candidates can run for election in 2017. (See the later blog post, "Hong Kong Update.") Though not secure from authorities, Hong Kong protesters are using the smartphone mobile app, FireChat, to communicate with each other without relying on Internet connections. President Xi believes foreign countries are involved in the protests.
The number of Chinese students, who once made up 33% of international grad students in the U.S., is decreasing. French speaking Chinese students are on their way to former French African countries to work for Chinese companies there. In English-speaking Africa, China is building a $12 billion, 1,400 km railway in Nigeria.
(For more about China, see the earlier blog post, "See the World.")
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