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HowAIcansaveourhumanity00:12I'mgoingtotalkabouthowAIandmankindcancoexist,butfirst,wehavetorethinkaboutourhumanvalues.Soletmefirstmakeaconfessionaboutmyerrorsinmyvalues.00:25Itwas11o'clock,December16,1991.Iwasabouttobecomeafatherforthefirsttime.Mywife,Shen-Ling,layinthehospitalbedgoingthroughaverydifficult12-hourlabor.Isatbyherbedsidebutlookedanxiouslyatmywatch,andIknewsomethingthatshedidn't.Iknewthatifinonehour,ourchilddidn'tcome,IwasgoingtoleaveherthereandgobacktoworkandmakeapresentationaboutAItomyboss,Apple'sCEO.Fortunately,mydaughterwasbornat11:30--01:11sparingmefromdoingtheunthinkable,andtothisday,Iamsosorryforlettingmyworkethictakeprecedenceoverloveformyfamily.01:28MyAItalk,however,wentoffbrilliantly.01:33ApplelovedmyworkanddecidedtoannounceitatTED1992,26yearsagoonthisverystage.IthoughtIhadmadeoneofthebiggest,mostimportantdiscoveriesinAI,andsodidtheWallStreetJournalonthefollowingday.01:51Butasfarasdiscoverieswent,itturnedout,Ididn'tdiscoverIndia,orAmerica.PerhapsIdiscoveredalittleislandoffofPortugal.ButtheAIeraofdiscoverycontinued,andmorescientistspouredtheirsoulsintoit.About10yearsago,thegrandAIdiscoverywasmadebythreeNorthAmericanscientists,andit'sknownasdeeplearning.02:17Deeplearningisatechnologythatcantakeahugeamountofdatawithinonesingledomainandlearntopredictordecideatsuperhumanaccuracy.Forexample,ifweshowthedeeplearningnetworkamassivenumberoffoodphotos,itcanrecognizefoodsuchashotdogornohotdog.02:41Orifweshowitmanypicturesandvideosandsensordatafromdrivingonthehighway,itcanactuallydriveacaraswellasahumanbeingonthehighway.AndwhatifweshowedthisdeeplearningnetworkallthespeechesmadebyPresidentTrump?ThenthisartificiallyintelligentPresidentTrump,actuallythenetwork--03:14Youlikedoubleoxymorons,huh?03:27Sothisnetwork,ifgiventherequesttomakeaspeechaboutAI,he,orit,mightsay--03:36(Recording)DonaldTrump:It'sagreatthingtobuildabetterworldwithartificialintelligence.03:41Kai-FuLee:Andmaybeinanotherlanguage?03:46KFL:Youdidn'tknowheknewChinese,didyou?03:50SodeeplearninghasbecomethecoreintheeraofAIdiscovery,andthat'sledbytheUS.Butwe'renowintheeraofimplementation,wherewhatreallymattersisexecution,productquality,speedanddata.Andthat'swhereChinacomesin.Chineseentrepreneurs,whoIfundasaventurecapitalist,areincredibleworkers,amazingworkethic.MyexampleinthedeliveryroomisnothingcomparedtohowhardpeopleworkinChina.Asanexample,onestartuptriedtoclaimwork-lifebalance:Comeworkforusbecauseweare996.Andwhatdoesthatmean?Itmeanstheworkhoursof9amto9pm,sixdaysaweek.That'scontrastedwithotherstartupsthatdo997.04:39AndtheChineseproductqualityhasconsistentlygoneupinthepastdecade,andthat'sbecauseofafiercelycompetitiveenvironment.InSiliconValley,entrepreneurscompeteinaverygentlemanlyfashion,sortoflikeinoldwarsinwhicheachsidetookturnstofireateachother.05:00ButintheChineseenvironment,it'strulyagladiatorialfighttothedeath.Insuchabrutalenvironment,entrepreneurslearntogrowveryrapidly,theylearntomaketheirproductsbetteratlightningspeed,andtheylearntohonetheirbusinessmodelsuntilthey'reimpregnable.Asaresult,greatChineseproductslikeWeChatandWeiboarearguablybetterthantheequivalentAmericanproductsfromFacebookandTwitter.05:31AndtheChinesemarketembracesthischangeandacceleratedchangeandparadigmshifts.Asanexample,ifanyofyougotoChina,youwillseeit'salmostcashlessandcreditcard-less,becausethatthingthatwealltalkabout,mobilepayment,hasbecometherealityinChina.Inthelastyear,18.8trillionUSdollarsweretransactedonmobileinternet,andthat'sbecauseofveryrobusttechnologiesbuiltbehindit.It'sevenbiggerthantheChinaGDP.Andthistechnology,youcansay,howcanitbebiggerthantheGDP?Becauseitincludesalltransactions:wholesale,channels,retail,online,offline,goingintoashoppingmallorgoingintoafarmersmarketlikethis.Thetechnologyisusedby700millionpeopletopayeachother,notjustmerchants,soit'speertopeer,andit'salmosttransaction-fee-free.Andit'sinstantaneous,andit'susedeverywhere.Andfinally,theChinamarketisenormous.Thismarketislarge,whichhelpsgiveentrepreneursmoreusers,morerevenue,moreinvestment,butmostimportantly,itgivestheentrepreneursachancetocollectahugeamountofdatawhichbecomesrocketfuelfortheAIengine.Soasaresult,theChineseAIcompanieshaveleapedaheadsothattoday,themostvaluablecompaniesincomputervision,speechrecognition,speechsynthesis,machinetranslationanddronesareallChinesecompanies.07:11SowiththeUSleadingtheeraofdiscoveryandChinaleadingtheeraofimplementation,wearenowinanHowAIcansaveourhumanityamazingagewherethedualengineofthetwosuperpowersareworkingtogethertodrivethefastestrevolutionintechnologythatwehaveeverseenashumans.Andthiswillbringtremendouswealth,unprecedentedwealth:16trilliondollars,accordingtoPwC,intermsofaddedGDPtotheworldwideGDPby2030.Itwillalsobringimmensechallengesintermsofpotentialjobreplacements.WhereasintheIndustrialAgeitcreatedmorejobsbecausecraftsmanjobswerebeingdecomposedintojobsintheassemblyline,somorejobswerecreated.ButAIcompletelyreplacestheindividualjobsintheassemblylinewithrobots.Andit'snotjustinfactories,buttruckers,driversandevenjobsliketelesales,customerserviceandhe