Artificial Intelligence

Ravi Menon, former managing director of the Monetary Authority of Singapore, in January 2024. (SPH Media)

Ravi Menon: Expect even more changes as new economic structure emerges

In the third of Lianhe Zaobao’s Future 365 interview series, Lianhe Zaobao business editor Shen Yue speaks to former Monetary Authority of Singapore chief Ravi Menon, who gives his views on how the global economy will change over the next decade, and how mindsets should shift accordingly.
AI expert Lee Kai-fu, chairman and CEO of Sinovation Ventures. (Photo provide by interviewee)

[Video] Future 365: Lee Kai-fu on AI — Painting humanity’s future

In the first of Lianhe Zaobao’s Future 365 interview series, Lianhe Zaobao executive editor Han Yong May speaks to chairman and CEO of Sinovation Ventures Lee Kai-fu, who gives his take on the future of AI and how he thinks it will impact our lives, given the improvements seen over the past decade.
A participant wearing a hat with a national flag waits before the Beijing Marathon, at Tiananmen Square in Beijing, China, on 29 October 2023. (Tingshu Wang/Reuters)

Can Silicon Valley offer Chinese socialism a window into the future?

EAI senior research fellow Lance Gore believes that a new wave of socialist realism is surfacing from the capitalists of Silicon Valley, the bastion of capitalism. This form of socialist realism is characterised by a complete rejection of the old socialism and a belief in efficiency as the source of common prosperity. China can learn from Silicon Valley socialism; it is high time for China to shift into new socialism based on China’s realities under the guidance of “first principles”.
Shipping containers and gantry cranes at the Yantian International Container Terminals, operated by CK Hutchison Holdings Ltd.'s Hutchison Port Holdings Trust (HPH Trust), in Shenzhen, China, on 16 January 2024. (Shen Qilai/Bloomberg)

The true state of China's economy: Capital flight, domestic consumption and US sanctions (Part 2)

In part two of his article taking stock of the Chinese economy and assessing bright spots and challenges in 2024, Chinese economist Yao Yang focuses on the key factors of increasing investment without distinguishing between foreign and domestic capital, and the inability of the US to limit China’s technological development.
An Avatr 11 electric vehicle, powered by Huawei Inside intelligent solution, is displayed at the Auto Shanghai show, in Shanghai, China, 18 April 2023. (Aly Song/Reuters)

Huawei aims to pull ahead of Tesla in autonomous driving race

The prospect of driverless cars on the roads still seems futuristic, but the potential rewards are too enticing to ignore. The entry of Huawei into the field with its recently launched luxury electric SUV means that competition in the sector is going to get fierce.
China's cloud providers are venturing into international markets, taking on more established global players. (Adobestock)

China’s cloud giants seek profits abroad as domestic margins dwindle

Chinese cloud providers such as Tencent and Huawei are stepping up their game and entering overseas markets, in competition with global players like Amazon. How will these Chinese cloud giants do in territories like Southeast Asia and the Middle East, especially given the rise of AI and large language models?
Chinese military personnel salute as China's national flag is hoisted during the opening ceremony of the 2022 Asian Games at the Hangzhou Olympic Sports Centre Stadium in Hangzhou in China's eastern Zhejiang province on 23 September 2023. (Philip Fong/AFP)

Japanese academic: Some concerns with China’s military AI advancements

A possible concern on the military use of AI in China, where the party controls the People’s Liberation Army, is that political rationality may take precedence over military rationality. This could heighten the risks of accidental escalation or a lack of assurance of control and safety when using such technology. Japanese academic Masaaki Yatsuzuka delves into the issue.
The Alibaba Group logo is seen during the company's 11.11 Singles' Day global shopping festival at their headquarters in Hangzhou, Zhejiang province, China, on 11 November 2020. (Aly Song/Reuters)

Big tech is changing in China, and so are its hiring plans

China’s tech sector has been making mass layoffs, freezing hiring and cutting pay since 2022, and there is little sign of a bounce-back. Cost reductions, efficiency enhancement or talent structure optimisation are often the words these companies use. But what is really weighing on the job market are sluggish business growth, intensified market competition and the unprecedented challenges of the business landscape amid new technology.
Gaming fans react as they watch a big screen showing the League of Legends World Championship 2023 final between South Korean's T1 and China's Weibo Gaming, at the Communication University of China in Beijing, China, on 19 November 2023. (Pedro Pardo/AFP)

Youths of today stand at a pivotal moment in history: Singapore's Health Minister Ong Ye Kung in Beijing

Singapore's Health Minister Ong Ye Kung delivered the keynote speech entitled "Youths – Bridge Between East and West, Pivot Between Present and Future" at the Lianhe Zaobao Singapore-China Forum 2023 held in Beijing on 21 November. He spoke about issues affecting the youths of today — whether in China or Singapore — noting that while they have big issues to tackle, they still have much to look forward to in this pivotal moment in history. This is the English version of his keynote address delivered in Mandarin.