The article expresses the views quite different from the current furor going on with respect to privacy. They may sound biased towards major social media players, but I have tried to account for the pragmatism with respect to data, it’s effects, business, and the way forward.
Amazon is one of the best examples where a company evolved from basic business models to utilize the latest technology and innovative practice while remaining big, and still be competitive enough. Most of us being Amazon application users (shopping, fire stick, audible, music), this story goes well in our conscience without much struggle.
The author states the difference between the AI ecosystem, and what gives benefit for China. Kai Fu also elaborates on the studies done on the effect of AI on the society, and how the society should be ready for bracing the impact sooner which will come much faster than the change due to industrial and the information technology revolution.
This book is used in the training curriculum of the PLA officers who are considered to become Generals someday. Since this book is a guideline to the thoughts from the founding fathers of modern China, all the thoughts expressed are pro-china. The facts have been stated to bring the brighter aspect of the country.
The hundred Years Marathon book is an exciting read of the Chinese strategy’s story to achieve the superpower status. The author carries more than 40 years of research experience in China before writing this book, stating the change in relations between the US and China over the years. The book’s importance increases as the FBI and CIA have screened the book before releasing so that it does not divulge any US state secret.
The book is a sequel to the book “Freakonomics”. The authors further retrospect on their own thinking while they wrote the previous book. They find that they could extend their thinking further, and see many aspects of the economy linked to behavior and value system the society holds as Gary Becker states it. Gary Becker won the Nobel prize in 1992. Behavioral economics has now become a field of study.