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Alibaba’s Jack Ma: Blockchain Will Be “Meaningless” Unless It Helps Build...

Alibaba founder says that blockchain and other advanced technologies still need to prove they can help evolve society in a “greener and more inclusive” direction. Jack Ma, the founder of Chinese e-commerce giant Alibaba, has said that blockchain and other advanced technologies still need to prove they can help evolve society in a “greener and more inclusive” direction. His remarks came as part of a keynote delivered at the World Artificial Intelligence Conference in China September 17, as local outlet cnBeta reports. While Ma’s keynote focused on the challenges and common (mis)perceptions surrounding the advent of artificial intelligence (AI) in particular, he reserved a place for blockchain and internet of things (IoT) technology as technological watersheds in the new “data age,” arguing that: “The data age is major opportunity for manufacturers to reform the industry. But blockchain and IoT will be meaningless tech unless they can promote the transformation of the manufacturing indu..
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