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AI: The Route To A Smarter Future
The pandemic has sent shockwaves round the world. It has also revealed in starker detail the critical role AI can play in addressing some of our global challenges. How is AI being implemented across different sectors and economies, and what are the problems and issues that must be overcome to create real value?
Dr. Kai-Fu Lee, Chairman and CEO of Sinovation Ventures, is a pioneer in the field of artificial intelligence and author of the bestselling book AI Superpowers, which he presented at DLD Munich 2019. Dr. Lee explored the future of AI in conversation with Techonomy founder David Kirkpatrick.
David Kirkpatrick
Techonomy Media
A journalist and media entrepreneur, David Kirkpatrick founded Techonomy Media, which he led for 12 years. He is now focusing on climate tech, climate action, and the crisis of global heating. Kirkpatrick’s bestselling book The Facebook Effect has been published in 32 languages.
Kai-Fu Lee
Sinovation Ventures
Dr. Kai-Fu Lee is the Chairman and CEO of Sinovation Ventures and President of the company’s Artificial Intelligence Institute. Sinovation Ventures is a leading venture capital firm focusing on developing the next generation of Chinese high-tech companies. Prior to founding Sinovation in 2009, Dr. Lee was the President of Google China. Before that, he held executive positions at Microsoft, SGI, and Apple.
Video
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Time | Topic |
0:00 | Welcome by Steffi Czerny |
2:05 | Introduction by David Kirkpatrick |
4:15 | Kai-Fu Lee revisits key arguments he made in his book AI Superpowers. |
6:20 | “China truly is an equal AI power to the United States.” |
7:15 | 18 AI unicorns and counting: “Traditional companies are becoming really smart in using AI… the infusion of AI into traditional businesses is what will create the greatest value.” |
9:20 | The four waves of AI adoption: “The Internet giants have got the lowest hanging fruit, and they’ve also become the AI giants. But there are three more waves coming…” |
11:00 | Ranking the tech giants: How well are Apple, Amazon, Facebook, Google and Microsoft positioned in the field of AI? |
14:15 | How is artificial intelligence extending into every industry? |
16:15 | Digitizing work, banking and fintech go AI. |
21:20 | “Europe has a bit of a challenge.” |
25:25 | Privacy regulation: a potential competitive advantage for Europe? |
28:00 | “The giants are always defeated when something totally different comes out and catches them by surprise.” |
30:00 | Globalization faces “a moment of awakening”. |
32:25 | “The most amazing thing about AI”? It can be applied to “any situation where there’s data” – from e-commerce to medicine and climate modeling. |
34:20 | The many ways AI is already present in the daily lives of Chinese citizens. |
36:10 | “In many restaurants the robots are serving the food…” |
37:35 | Autonomous robots in factories and other controlled environments. “I think robotics has been pushed forward by Covid.” |
38:55 | AI in education: “It’s very personalized… All of the best Chinese educational online tools are fully interactive.” |
40:20 | “There are now virtual teachers who can teach entry-level subjects…” |
41:55 | The benefits of AI in medicine. |
45:20 | AI and the pandemic. |
48:30 | How should artificial intelligence be regulated? What about biased algorithms? |
54:00 | Privacy protection in an age of AI. |
55:30 | The most promising applications in robotics and AI. |
56:45 | How agriculture is benefiting from automation. |
57:30 | Killer drones: the scariest development in AI. |
58:30 | China, privacy and AI. |
1:00:15 | What should Europe do to catch up? |
1:01:45 | Controlling data: which cloud do you trust? |
1:05:05 | Wrap-up. |