Artificial intelligence has made its way on to the agenda of the government’s annual political show in Beijing, urged on by the country’s business and technology elites China’s government is preparing for a war of sorts with the United States to claim the vantage point to define the technological trend for the next generation. At the annual meeting of China’s parliament this week, the usual Communist Party agenda of economic growth, social welfare, jobs, health care and pension made way for an unusual addition: a clarion call by some of China’s most influential business and technology leaders for the government to set policies to define what they consider the Next Big Thing.
Category: Baidu
Why Self-Driving Cars Will Be Baidu’s Next Big Opportunity
Morgan Stanley analysts recently said that Baidu won’t be delivering much upside this year as its growth will be restricted by tight advertising laws in China. Also, as the likes of Tencent Holdings raise their content game by investing in online video, Baidu will find it difficult to boost revenue.
Schrute Bucks, Stanley Nickels And Bitcoins
There is a great episode of the American version of The Office in which Dwight Schrute, Assistant to the Regional Manager at Dunder Mifflin’s Scranton branch, creates an incentive program focused around “Schrute bucks”. An exchange with grumpy salesman Stanley Hudson follows: Dwight: Don’t you want to earn Schrute bucks? Stanley: No.
Baidu focuses on AI as founder Robin Li hires new management team
After a turbulent 2016, during which 12 per cent was wiped off Baidu Inc’s market value, founder Robin Li needs all the help he can get to put the dominant search engine operator in the world’s largest internet market back on track. During the past four weeks Li has rehired Melissa Ma, his wife and lifelong business partner, and poached at least three executives from Microsoft, Xiaomi and a Chinese local startup to join his senior management team, underscoring the company’s push to regain its traction after an advertising scandal in May destroyed consumer confidence and provoked a rare rebuke from the Chinese government.
Five Charts Show How Holiday Season Means Shopping Fever in China 44 minutes ago
Chinese consumers flocked to malls, restaurants and cinemas ahead of the year’s biggest holiday season, highlighting the consumption power transforming the economy. Foot traffic at shopping centers and eateries edged up while online sales climbed from a year earlier, according to data from Baidu Inc., operator of the nation’s dominant search engine, and No.