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Thursday, June 28, 2018

Who owns the media that youth create? and how do we change big media platforms run by people disinterested in youth as the sustainability generation? the apprenticeship of most superstars has nothing much to do with classroom education - 

why cant we free other youth who want to be local heroes in their communities - these are some of the question jack ma invites partener of 21st c olympics to co-examine with him

jack ma clarifies that commerce can reach one clusters of markets -
Jack Ma clarifies that commerce can only reach some markets – financial or where supply & demand chains of where people historically “shopped” He’ll help youth (and their parents and other investors) celebrate a different platform to reach happiness service markets livelihoods education, Health, greening communities, safety and open spaces, arts fashions and who to celebrate, TRUE media 
 he invites leaders to partner olympics to chnage value chain of celebrities  (BR1 Korea 2018, BR0 Beijing 2022, BR1 Japan 2020, BR5 Paris 2024, BR6 LA 2028 )

related
BR6 BR10 Pope Francis : the vatican's  http://premiosciacca.it/offers a model of an annual expo of worlds community builders with youth 
BR0 XI-factor-BRI.school:  every space Belt Road newly bridges on land- start twin nations youth hub celebrations - eg silk road arts networks and silk road chambers of commerce in over 70 countries
UN- which will be first sdg economic zone that wall street 300 trillions rates as AAA? how does eg community-wide participation in sports empower youth to be community's main safety networks in mobile age-  

 BR9 cf kenya ushahidi first big app helped youth prevent election riots - in university suburbs of beijing there is a resident local;police station every 1000 metres which also serves as community info center; one of koreas leading abilities is to build half million people new towns or new suburbs which are safest in world but at cost of zero public privacy outside- one of ways china is uniting african leadership is how future of g5 and mobile cameras designed into safety of cities

DO NATIONS youthTECH DEPEND ON OWNERSHIP OF ITS finTECH?
Muhammad Yunus once debated me the motion : Western big banking's credit card was the saddest invention of the 20th century. The once trusted local banking branch turned into something close to a loan shark and increasingly a debt trap which elders (and vested interest politics/media) chained their children to
CHINAS YOUTHTECH POSSIBILITIES ARE LIKE NOWHERE ELSE?
What fascinated me is china's youthTECH advantage arising from the fact that China's bricks and mortar banks never really launched the credit card market - so digital fintech (where the smartphone is used instead of a card) was first to create the market of why do people apply for credit
There are effectuvely only 2 players in China's fintech markets of digital cash and credit and loans- Alipay from Alibaba and we chat pay from Tencent. Here are several questions which can be intriguing to debate
Q1 Which system will sign up a larger membership base- Alibaba's whose permissions are connected with ecommerce or we chat whose permission come from membership of China's largest personal communication system. You might say round 1 to tencent as Chat's the larger membership population
Q2 what sort of data does each system collect which can be relevant to loans- round 2 to alibaba whose data is all about the supply chains of commerce and SME trustworthiness. Additionally China's broadcaster CGTN charged with investigative journalism of China's rejuvenation frequently talks about China's 4 greatest social innovations as being ecommerce digital cash fast trains and shared bicycles.
If these 2 questions start to explain what youthtech fintech movements will connect inside china, question 3 becomes how may each ecosystem empower international youthtech partnerships. I have tried to study alibaba for ten years now, so can only introduce its global youth tech advantages
First, Xi Jinping asked Jack Ma's Hangzhou to be the host of the China G20 in 2016 which happened at a unique time in the diaries of G20 and other world leaders summit. It was the first G20 to be convened 11 months after the UN had relaunched humanity's goals around 17 sustainability goals. Jack Ma spent a lot of those 11 months asking everyone he could on what they would help youth linkin round the new goals. He chaired the club of china's big business givers. He started to co-create popularity of the term 4th Industrial Revolution with the World Economic Forum's alumni, and has since started the worldwide research academy DAMO with 15 billion dollars exploring the future of technology's most human apps. He chaired the sme g20 homework . He came up with the idea of EWTP - why not use ecommerce platforms around the world so that smes can free trade without any of the trade wars nations apply to big businesses. He has made many speeches on why education is a far bigger tech and human challenge than finance in determining youth livelihoods and he aims to chnage who media celebrates for what by hosting the Olympics series that relay through Korea 2018, Tokyo 2020, Beijing 2022 Paris 2024, La 2028 If any technology leader tries harder (in both his favorite language Chinese and English) to collaboratively imagineer what youthtech possibilities the 17 sdgs stimulate then I would love to know who that is
DOES ANYWHERE ELSE ENJOY FINTECH OWNED TO SUPPORT YOUTHTECH
As far as i know only one other place stands out, Bangladesh where the leading fintech platform is owned by those who have since the birth of the nation to empower girls to end poverty.
In May 2018 Jack Ma started a partnership with Bangladesh's girls-inspired fintech.
Youyhtech SDG17 games on!

Monday, June 25, 2018

ALIBABA BACKS NEW RESEARCH PROGRAM TO ADDRESS DIGITAL CHALLENGES
JENNY W. HSU | JUNE 27, 2018

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Alibaba Group this week formed the Luohan Academy, a global research program that aims to address the emerging economic consequences and social disruptions of a digital economy.
“Luohan” is a Buddhist term for “perfected beings,” or “those who have achieved nirvana.” In the Chinese language, it is often used to describe “those with extraordinary skills and talent.”
True to its moniker, the academy has attracted a lineup of 15 of the world’s leading thinkers and researchers. They include six Nobel Laureates, as well as renowned economists, social scientists, tech pioneers and professors from prestigious higher learning institutes, such as Harvard University, Princeton University, the University of California, Berkeley, Columbia University, Massachusetts Institute of Technology, New York University and China’s Tsinghua University.
At the academy’s launch event, Alibaba Executive Chairman and founder Jack Ma said Alibaba has the “responsibility to use our resources, technology, people and everything we have to help the world embrace the change and solve the challenges.”
“If we don’t pay attention to the technology revolution, it will cause a social revolution, especially that this technology is coming in a such huge wave that is changing every aspect of human lives,” he said to the researchers at a private meeting held at Alibaba’s global headquarters in Hangzhou.
Ma, an English teacher turned entrepreneur, has maintained a lifelong passion for education, innovation, problem solving and working with individuals who share the same passion. In fact, the 18 original partners who created Alibaba with Ma nearly 19 years ago are known as the 18 luohans.
WATCH: Jack Ma speaks with Luohan Academy researchers  
净版马云罗汉堂

The launch of the Academy follows the establishment of another global research program—the DAMO Academy—in October last year.  While DAMO focuses on the developing the most cutting-edge technologies such as machine learning, robotics, cloud computing, and artificial intelligence to fulfill Alibaba’s commitment to serve two billion customers and create 100 million jobs in 20 years, Luohan’s purpose is to study the implications of such technology advancement and “build an inclusive community for systemic and in-depth research,” the company said.
The academy also seeks to discuss questions such as how societies can harness the power of technology while ensuring a fair distribution of power, what the future of work and leisure are, what the appropriate regulations and politics to foster fair competition without impeding innovation are and how digital technology can contribute to a greener planet.
“We are living through a big watershed moment. We see big technological changes happening. We have to think about how our society will deal with these changes…how to use insights from tech and social science in order to achieve better outcome for humanity,” said Markus Brunnermeier, an economics professor at Princeton University.
The academy, headed by former head of strategy at Alibaba’s fintech arm, Ant Financial, Dr. Chen Long, will hold regular meetings and recruit additional researchers with different backgrounds to expand the academy’s scope.
During a two-day workshop, the academy’s committee discussed the potential negative impacts that digital technology has on the economy, job replacements, platform governance, the future financial infrastructure, as well as hot topics, such as privacy protection and how to keep the use of data in check. The Academy will produce an annual white paper to present its findings.
“New technologies are revolutionizing economic growth. New platforms keep emerging with innovative operating models. This completely overhauls our understanding on corporations,” said Wei Xiong, a professor of finance at Princeton University.
“As many platform companies are cross-industry, which is a challenge for regulations and laws to keep up, this makes it a long-standing issue in the future,” he added.

Tuesday, June 5, 2018

nobel phelps on ali baba way by ying lowrey

My book Mass Flourishing argues that surges in economic activity far more than is recognised on a change in attitudes which finally lead to the unleashing of entrepreneurs and in turn innovation. New or improved products result in the spread of more rewarding work and a sense of flourishing -of personal growth

Professor Lowrey's book, which describes and analyses the remarkable dynamism created by the Alibaba ecosystem, exemplifies my basic themes transported to China's modern age. Rather than the steam engine of the nineteenth century, Alibaba uses information technology to enable mass innovation to flourish. Thanks to this technology "growing by unleashing grassroots entrepreneurship " an be adapted by companies as a new strategy to win markets; it also can become a nation's strategy to improve the lives of its people