Kai-Fu Lee, founder and CEO of Sinovation Ventures, took an Uber to an artificial-intelligence conference at MIT one morning. The driver asked him how long it would take for autonomous vehicles to take away his job. Kai-Fu told him it would happen in about 15 to 20 years. He breathed a sigh of relief. “Well, I’ll be retired by then,” the driver replied.
Founder and CEO of Alibaba, Jack Ma, has launched a $10 million program targeting young entrepreneurs across Africa seeking funding for their tech startups. Jack Ma made the announcement during the Youth Connekt Africa Summit held in Rwanda last week. The summit was co-hosted by UNCTAD and the Rwandan Government.