Jack Ma: This is what to study if you want a high-paying job in the future
CNBC Marguerite Ward 6 hrs ago (Posted here 9:50 A.M., 23 June 2017).
Alibaba founder Jack Ma sees serious change on the horizon. In the next 30 years, artificial intelligence will outpace human knowledge, leading to job loss, the billionaire tells CNBC's David Faber. So what/ who is Alibaba you ask? Here albeit a bit out of date is a brief idea on the size and power of this Company:
The Following was written by one Chris Wright who is a Forbes Contributor.
Sep 16, 2014 @ 06:00 AM
So What Exactly Is Alibaba?
"Alibaba owns stakes in all sorts of things, but operates chiefly through three sites: Taobao, China's biggest shopping site; Tmall, which specialises on online sales of branded goods and focuses on China's fast-growing middle class; and Alibaba.com, which connects Chinese exporters with companies elsewhere in the world. Between them they host millions of merchants and businesses, and have hundreds of millions of users; in terms of the amount of business handled, one can argue that Alibaba is actually the world's biggest online commerce company, not just China's. On top of its core sites it owns alipay.com, a Chinese equivalent of Paypal; and has large stakes in Sina Weibo, China's version of Twitter; and Youku Tudou, the closest Chinese equivalent to YouTube".
It is HUGE, powerful and dangerous to the concepts that are the founding principles of the U.S. As you may have read/ heard, the Chinese Government is tremendously intrusive into the activities of its people. It is said that NO company operates in China without exceptional oversight and permissions by the Communist Government.
"The new wave is coming. Jobs will be taken away," Ma says. "Some people, who catch up [with] the wave, will be rich, will be more successful."
But for those who fall behind, says Ma, the future will be "painful." This is an unbelievable understatement and should be read with the deepest concern. Read it like the expression on one being removed with "extreme prejudice". Modest words, tremendous impact.
At the heart of the fast-approaching technological new age, Ma says, is data. According to his projections for the future job market, skills associated with data and its analysis will become extremely valuable.
"The world is going to be data," Ma says. "I think this is just the beginning of the data period."
Alibaba holds an incredible amount of data on its customers,(Much like the NSC on steroids), many of whom visit the website several times a day. That trove of information, Ma explains, has opened his eyes to what the world will look like in the coming decades.
"We think data is going to be so important to human life in the future," he says. "Tomorrow [with the Internet of things], everything will be connected."
Ma isn't the only business leader emphasizing the importance of analytical skills. Tesla and SpaceX CEO Elon Musk is working on a project to link the human brain with computers, which would improve the human brain's "incredibly low" data processing speed. Microsoft co-founder and futurist Bill Gates says the ability to harness information will transform global health and prevent the spread of illnesses. The infamous seed of Truth as we experience here that soon grows in a Christmas Tree of unbelievable costs to so many and benefit the few.
Eric Schmidt, executive chairman of Google's parent company Alphabet and Jonathan Rosenberg, adviser to CEO Larry Page, agree that data analytics is the top skill young professionals should learn more about.
"By data analytics," Schmidt says, "I mean a basic knowledge of how statistics works, a basic knowledge of how people make conclusions over big data."
"I think a basic understanding of data analytics is incredibly important for this next generation of young people," the executive chairman says. "That's the world you're going into."
Many of you may believe/ think I am a crazy old guy, but I have been commenting on this for a while and just the other day brought it home on the future use of Robots. This is not something 100 years in the future. Some say no later than 2050, the axe will fall. Others who I think are closer to the truth say we will begin to see in in effect by about 2030. 'nuff said'.