techsocial

sample:

https://www.youtube.com/watch?v=77_l0zFdYUE

But there are headwinds:

Winter is coming for China’s private equity as market rout slashes start-up firms’ valuations

https://www.scmp.com/business/companies/article/2171182/wint...

Original post title: China passes US in number of startup unicorns: China 181 vs US 138

I like this part:

Apple is milking its essentially captive audience. I hesitate to call it “loyal” — these are, essentially, people who look with trepidation at the idea of moving years of photos and other data to a different system.

My wife gnashed her teeth when she got one of the new, wildly overpriced iPhones — but she just can’t imagine switching to Android.

Original post title: AI in China: Xi Jinping and 25-member policymaking body Politburo have a “group study” session about AI

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Xi said China must develop its own AI technology, saying it was important for economic development, social progress and global geopolitics.

“AI is a vital driving force for a new round of technological revolution and industrial transformation, and accelerating AI development is a strategic issue to decide whether we can grasp opportunities,” Xi was quoted by Xinhua as saying.

Xi said China must ensure that it “occupies the high ground of AI core technology” and could firmly keep the technology in its hands by leveraging “China’s massive data and huge market potential”.

He said the country should use AI to upgrade its manufacturing, adding that it could be used in China’s pursuit of a leaner and greener way of economic development.

Xi also encouraged government agencies to adopt AI.

“We need to enhance the combination of AI and social governance and develop AI systems for government services and decision-making,” Xi said, adding that public security was one field in which it could be used “in depth”.