Quotes from Jack Ma's interview at Gateway '17 Conference in Detroit: Focus on Globalization, Data, and AI

Some quick notes before we get into the post: 
- Following quotes are from the linked interview Jack Ma gave to David Faber, which focused on globalization, Data, and AI. They're kept short and to-the-point to make sure you get the most out of your reading time.
Estimated read time: 5 minutes
- Sentences may seem to be not grammatically correct, but that's because I didn't intend to change what was spoken. On the other hand, some fillers are added to complete sentences. 
- For more extensive read/listen of Jack Ma's delivery at the conference, you can watch his keynote, and his interview with Charlie rose. If you have thoughts from what you listen/watch, or would like for me to write a blog on what I took away from them, do leave a comment and let me know. 

Picture source: pmcwwd.files.wordpress.com

​On Globalization: 

• "This year I will fly 1000+ hours to meet global leaders to convince them to promote globalization and free trade"
• "Globalization is essential, but it should include small businesses"
• "We (Alibaba) will be connecting American small businesses to demand from China's 300 million middle class"
• "US ' domestic consumption drove China's growth in last 20 years. Next 20 years could be the other way round"

On Industry trends: 

• "Last 200 years, 'standardization' was the trend. Coming 100 years, 'customization' will be key. This will be a challenge to large corporations, unless they embrace data"
• "30 years later, maybe people will work 4 days a week and 4 hours a day"

On Machine Learning & AI:

• "If you're not innovative or creative  enough, your job will soon be taken over by machines"
• "If there's ever a conflict, humans will win. Machines are good at knowledge. Humans are good at wisdom. Machines will be smarter than humans - that's for sure. We know that when we create them. But humans will have wisdom. AI will be very smart, but it will never have wisdom"
• "Wisdom is from heart. Machine intelligence is about the brain, which is about knowledge. You can always make machines learn knowledge, but you can never put a heart in it"
• "Smart people know what they want, but wise people know what they don't want"
• "We shouldn't make machines like humans. We should make machines do things that humans can't do"

On Data Revolution: 

• "Data is our water and our soil"
• "Machines have drunk (have been fed with) electricity for long, now they will have (to be fed) data. If you want to make machines smart, they must drink data. Without data, innovation society is impossible"
• "We have looked out in space for long, but now data will make us know ourselves, humans - better"
• "When we say we're a big data company, that's compared to yesterday. Compared to tomorrow, we're nothing"
• "Today's data is what electricity was 100 years ago"
• "Our kids will be smarter for sure, because they'll be able to use data"

Closing: 
"Never keep these 3 things to yourself: power, money and glory. 
When you have money, spend it. 
When you have power, empower others. 
When you have glory, let other people have it. Give credit"
​
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If you'd like to me to cover a similar post about his keynote or some other event that you were intrigued about, leave a comment. 

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