Join BeltRoadImagine workspace and appluad podcasters like Zara
story - ENGLISH LANGUAGE CHANGES CHINAS WAYS TO EDUCATE
china as peace provider ..foreign affairs transcripts. ...sec5...un as peacemaking benchmark? more youth markets win-win
trade partners china .. tech leadership 2025 .. cloud china ..4I

China Report of year 2018 -coming soon slideshow of
18 october 2008 5 year party congress beijing -related women hold sky miracles BRAC economistasean.com BRI 1 2

Global2.0 declarations with 100 friends of Xi Jinping -Xiamen(Brics Plus), Beijing (Belt Road), WEF (Jan 2017), UN 2015, Tajikstan 2013, Beijing 1996


#theeconomist good news youth sustain livelihoods & planet map links- fall 17 edu reports unesco, brookings, world bank- navigating 11 win-win trading zones - China and 10 Latin America. 9 Africa, 8 Med Sea 7 Corridor of Stans and mid east; 6 N America :: EURASIA 5 West Europe 4 East Europe 3 Russia 2 India (including bangladesh myanmar corridor) 1 Pacific East ), 0 Inside China questions text usa 240 316 8157 chris.macrae@yahoo.co.uk good news korea (+79 nations) empowered by jinping's aiib2017 take climate goals collaboration race to new level- green big bang 1 2 world record book of job creation help! top 20 Economist challenges

Friday, December 31, 1999

from the superp chinaai newsletter

ChinAI #72: An Overview of China's AI Industry in the form of a 50+ page PPT deck

We get reacquainted with excellent work by the Qianyan Chanye Research Institute

Welcome to the ChinAI Newsletter!

Our subscription drive continues: we’re so close to 100 subscribers — if we hit that mark, I’ll give subscribers access to an organizational document with the complete collection of ChinAI translations to date (grouped by theme/category).
As always, the archive of all past issues is here and please please subscribe here to support ChinAI under a Guardian/Wikipedia-style tipping model (everyone gets the same content but those who can pay support access for all AND compensation for awesome ChinAI contributors).

Feature Translation: Qianzhan Chanye Report on China’s AI Industry

CONTEXT: Based on what I’ve read, Qianzhan’s (a consultancy/research institute) 50-page slide deck is the best open-source, overview-style report on China’s AI industry. I’d wager it’s probably better than the closed-source reports from Goldman, government departments, etc. I’m going to keep harping on this point: If you’re following China’s tech sector, you will miss a lot if you’re not looking at the output of orgs like Qianzhan, CCID, and other Chinese research firms, as these places are only going to scale up and get better.
  • I only had time this week to do a quick scan of the first 18 slides and did a few quick-and-dirty translations of interesting sections (if there’s no comment on the slide that means I probably didn’t do any translations on it).
  • ****I’ll circle back to this every now and then to translate more chunks, but if you’re keen to help out with the whole thing, let me know! In a previous issue, an anonymous ChinAI contributor and I translated a 5G PPT slide deck that went viral in China and became recommended reading for all Huawei staff. There’s been lots of good discussion happening in the comments of that translation, and I hope the same happens for this one.
THE ESSENTIALS:
  • Three-layer (Foundation-Technology-Application) division of China’s AI industry : Slide 5’s specification of the different layers of AI is the first clear sign that this is good stuff. Representative companies in the foundation layer (slide 6) includes usual suspects like Cambricon, Horizon Robotics in chips; Baidu, Haiyun Shuju in big data; BAT in cloud computing, Huawei in 5G.
  • What stood out about the representative companies in various layers of China’s AI industry (slide 6-8): Datatang is listed as a key big data company. We analyzed their involvement in a turning point case in personal information protection in ChinAI #19. Ultrapower shows up in more verticals than Alibaba and Tencent in the foundation layer — we did a ChinAI Company Profile of them in ChinAI #63.
  • Ping An is the most important company in China’s AI landscape that you’ve never heard of: nominally an insurance company but transforming quickly into a tech company, they are everywhere in the foundation (including cloud computing) and application layers. However, they don’t show up in any of the verticals in the technology layer.
  • Slide 18 on China’s AI talent Training System was particularly instructive:
It’s a nice overview of industry-academia joint AI institutes. We covered the iFlytek-Chongqing University of Posts and Telecommunications one in ChinAI #7. These types of schools may be just as important as the Tsinghuas and Pekings for the diffusion of AI advances across the whole country.

ChinAI Links (Four to Forward)

Must-read: DigiChina Special Report: AI Policy and China — Realities of State-Led Development (Edited by Graham Webster)

Big ups to Graham Webster and the Stanford-New America DigiChina team for an excellent report on China’s AI Policy. Each one of the pieces are worth a read, and I was impressed by the consistent effort to translate and analyze Chinese-language sources throughout. I learned a lot in particular from Siodhbhra Parkin’s piece on how AI can better serve people with disabilities in China (p. 33 of the report).

Must-listen: ChinAI Pod #2: Reframing Superintelligence with Eric Drexler

Nick Bostrom’s book Superintelligence is what got me really interested in AI in the first place; after joining FHI a couple years later, Eric Drexler’s report Reframing Superintelligence significantly shifted my view of superintelligence in a way that lived up to the report’s title. It was an honor to talk with the founding father of nanotechnology about his framework of Comprehensive AI Services.
If you like what you hear, pass it on! If you don’t like what you hear but are willing to take a chance on hearing more, let me know in a public setting so that I get the feedback and also promo for the pod. We should be on all the places you get your podcasts now (just search “ChinAI,” but if we’re not, you can paste this link into your podcast app and the feed should pop up: https://api.substack.com/feed/podcast/2660/private/df055a23-b213-4016-9d0b-cbd168059b40.rss

Should-read: Translations related to China’s AI Policy by Center for Security and Emerging Technology

Ben Murphy, Chinese STEM Translation Lead at CSET, is doing fine work with these full text translations. A few notes from some of the translations that CSET has published. I plan to circle back every month or so and highlight what’s interesting from the translations.
1.Translation of Project to Strengthen Development of the Defense Technology Industry at the Grassroots Level: Guidelines for Basic Research and Cutting-Edge Technology Projects (2018) — a notice to Chinese universities and research institutes on emerging technologies (including AI-related domains) that the PLA prioritizes, from SASTIND (a civilian agency that funds research in support of PLA requirements)
  • AI features heavily in three of the six themes: intelligent detection/identification and autonomous control technology; brain-machine intelligence and biological interdisciplinary technologies; highly reliable information security and new types of technology
  • Nothing in first 2 themes was that surprising (cloud-based intelligent target recognition and tracking, intelligent decision-making for virtual battlefield environments, intelligentized exoskeleton technology); the third theme was more interesting to me and included key tasks such as “intelligent mining technology” for firmware vulnerabilities as well as big data analysis-based intelligent fixed decryption technology for electronic documents
2.Translation of Tianjin Municipal Action Plan for Military-Civil Fusion Special Projects in Intelligent Technology (2018) — Wow this is a rich document with a lot of material in the translator’s footnotes
  • There’s a story/report waiting to be written about Tianjin’s technology policy (remember: Tianjin was one of the first cities to set up a big AI fund. “While many Chinese local governments have published military-civil fusion plans, Tianjin’s is among the most detailed,” per CSET’s summary.
  • A lot of the initiatives in here sound very ambitious (“build an authoritative IoT perception testing and authentication center for the state, military, and industrial sectors in Tianjin’s Binhai New District!”), but I’m also reminded of the empty promise of the Tianjin Eco-city.

Thank you for reading and engaging.

These are Jeff Ding's (sometimes) weekly translations of Chinese-language musings on AI and related topics. Jeff is a Rhodes Scholar at Oxford, PhD candidate in International Relations, Researcher at GovAI/Future of Humanity Institute, and Research Fellow at the Center for Security and Emerging Technology.
Check out the archive of all past issues here & please subscribe here to support ChinAI under a Guardian/Wikipedia-style tipping model (everyone gets the same content but those who can pay for a subscription will support access for all).
Any suggestions or feedback? Let me know at chinainewsletter@gmail.com or on Twitter at @jjding99
stuff to re-edit when 21st C slows down














on joy of banking side when the owner of the 5 billion person elearning satellite yazmi.com met the first female director of grameen phone, quiz number 1- whats the most engaging banking model in the world - so far this is their benchmark - do you now of others that can be beamed up to 5 blillion learners to know abouthttps://www.youtube.com/watch?v=M4IqY-1SM9o&feature=youtu.be&app=desktop with thanks to million women mentors ofhttp://joywo.org kenya -see also BRAC's sir fale abed videos san francisco april 2015 - launch of bangladeshi studies at university of berkeley

on risk mapping side - we are currently working mainly on part 1 of this curriculum - what can be reported on banking systems prior to the first generation where virtual and borderless productivity has significant wealth and health impacts

we segment part 1 of this curriculum into 3 types of banking

3 banking systems that destroyed nations or collapsed civilisation -one of the first cases in modern times being the system that bankrupted scotland just after 1700- the consequence was the take over of scotland by england, and over the next 150 years the emigration of more than half of Scots; as an internationalist scot myself, whenever I read adam smith I parse his writings from the context of how to design a profession so no nation's people are subjected to scotland's endgame

2 banking systems whose economics were anti-youth
1 banking systems that are pro-youth - from my dad's encylopaedic view of banking which included 40 years at the editorial desks of The Economist, the birth of the millennium goals network microcreditsummit in 1997 could have made this knowledge its main collaboration gift to the world of education. It failed to do so but now that several leaders of pro-youth microcredit realise that, they are calling for launch of microeducation summit in which a pro-youth banking mooc is the first project

we welcome nominations of the most fundamental resources - eg bankwarsbywolf - The Financial times chief economics editor delivers evidence of well over 100 banking insolvencies in last 30 years each of whose impacts have been remarkably similar to that of a war

Monday, December 27, 1999

1999 year of biles

dec 2018 update

Bike-sharing firm Ofo's dramatic fall a warning to China's tech investors

2:53 AM ET, 12/24/2018 - Reuters
* Ofo CEO has said firm facing immense cash squeeze
* Bikes in disrepair; users demanding deposit refunds
* Company backed by Alibaba, Didi Chuxing
* Ofo, Mobike bicycles ubiquitous in major cities
By Pei Li and Josh Horwitz
BEIJING/SHANGHAI, Dec 24 (Reuters) - On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair - chains unhooked, wheels buckled and paint starting to fade - reflecting the quick rise and sharp fall of the Chinese bike-sharing startup.
Millions of Ofo users are clamouring for their deposits to be returned and the firm's founder has admitted considering bankruptcy.
Ofo's plight is a warning for China's tech investors, who have ploughed tens of billions of dollars into loss-making businesses such as bike sharing, ride hailing and food delivery. Not long ago, Ofo was racing into markets overseas and raising billions from backers including Alibaba Group Holding Ltd and Didi Chuxing.
"It now appears bike sharing is the stupidest business, but the smartest brains of China all tried to get in," Wu Shenghua, founder of now bankrupted bike-sharing company 3Vbike, told Reuters. "It really now seems ridiculous."
Ofo was a phenomenon. Its dock-less bicycles, which could be picked up by scanning a QR code and left anywhere, grew from Beijing campuses to become an icon of young, urban cool. The firm garnered a valuation of $2 billion.
Its bicycles - and those of main rival Mobike - could be found on almost every city street corner, often in staggering numbers. Ofo's advertisements featured major Chinese popstars and showed trendy youngsters pedalling around the hippest areas of town.
Dozens of smaller rivals emerged in China over the last two years, only to go out of business, leaving Ofo, fellow Alibaba-backed Hellobike, and Mobike, backed by Chinese social media and gaming giant Tencent Holdings, as the major players.
But costly battles for market share have meant Ofo and its rivals have struggled to turn popularity into profit. Ofo's very survival is now at risk as debts to suppliers have come due and user demands for deposits have mounted.
"It's a very tricky business, all the profits are eaten away by competition. It's something that really needs to be part of a bigger business," said Maxwell Zhou, founder of tech startup metaapp.cn and a former employee of Mobike in China.
"It's very similar to email in that way. It has a lot of benefits for society, but none of the email providers were able to create a barrier to entry, so anybody could host emails, and eventually nobody could make any money."
GLOBAL EXPANSION
At its peak, Ofo had bike fleets in more than 20 countries, from France to Australia and the United States. Company insiders, however, said it tried to grow too fast, and found itself facing a wide array of hurdles, from traffic regulations to vandalism, as well as spiralling costs.
"In retrospect of course there was problem with management, and we were expanding too rapidly," said a former Ofo executive who worked on international expansion, asking not to be named.
The firm has pulled back from markets like Israel, Germany and the United States, and has been forced to sell assets, including some bikes for as little as $2, the person said.
Ofo and Alibaba did not respond to requests for comment.
The former executive pointed to an unsuccessful push into Japan, where the firm had looked to expand in a partnership with SoftBank Group Corp. That plan went sour after a breakdown in takeover talks with SoftBank-backed Didi Chuxing, said the executive.
With bikes sitting in storage, fees piled up. "We lost a lot of money, and now the bikes are still stuck in warehouses," said the executive.
Didi declined to comment but pointed to earlier statements saying it had never intended to buy Ofo and promised to keep supporting its "independent development" in the future.
CREDIT BLACKLIST
In China, once-loyal users have turned on Ofo, lining up at its offices in Beijing to demand the return of deposits paid up-front to use the service. Over 12 million people have so far requested repayment online.
Jiang Zhe, 21, a university student in Beijing, said he usually bought a month pass for Ofo bikes, but has lately struggled because so many are broken. "I haven't used Ofo recently because I can't find any working bikes," he said.
He is now one of the many seeking a refund.
In a letter to employees last week, Ofo CEO Dai Wei said the company was struggling to resolve a cash shortage, in part because of user refunds as well as payments to suppliers. He said the firm was battling on amid "pain and hopelessness".
A court in Beijing has placed Dai on a credit blacklist that restricts him from going to fancy hotels, travelling first class or sending his children to expensive schools, according to the court's Dec. 4 order seen by Reuters.
The rare near-implosion of a wildly popular and innovative firm in China has spooked some authorities. The transportation ministry said on Friday it was asking Ofo to optimise its refund procedure, but also called on the public to be more "tolerant" to allow domestic innovation to thrive.
Many weren't convinced, including the former Ofo executive.
"It would be tough for the company to get back to its golden days, I don't think it can be like before. I think most people are really just waiting for the final days," he said. ($1 = 6.8885 Chinese yuan renminbi) (Reporting by Pei Li in Beijing and Josh Horwitz in Shanghai; Editing by Adam Jourdan and Muralikumar Anantharaman)

Price Performance Comparison

Price Performance Listing Comparison Table
Listing Comparison1 Month6 Months1 Year52-Week Range
SFTBY:OTC Pink - Current Information
-22.19%-10.53%-18.66%Percentile : 4.71794871794873%
-23.51%-7.17%-18.40%
-23.67%-12.62%-20.46%Percentile : 7.57418011452368%
Price Performance Index Comparison Table
Index Comparison1 Month6 Months1 Year52-Week Range
S&P US Communication Services-5.08%-5.53%-16.73%Percentile : 19.2462145804101%
S&P Global Communication Services-4.69%-8.29%-18.52%Percentile : 10.6023541600714%
S&P 500-10.06%-8.59%-7.94%Percentile : 15.9423216058419%
S&P Global BMI-7.22%-12.36%-13.07%Percentile : 9.81162315427337%

ETFs Holding This Company

ETFs Holding this Company Table
SymbolNameMorningstar Category% of Fund52-Week Range
PSP
Invesco Global Listed Private Equity ETF
2.42%Percentile : 8.01954584650763%
IXP
iShares Global Comm Services ETF
2.16%Percentile : 14.217600673762%
EWJ
iShares MSCI Japan ETF
2.12%Percentile : 6.74085850556436%
ZJPN
SPDR® Solactive Japan ETF
2.11%Percentile : 6.35089605543996%
DBJP
Xtrackers MSCI Japan Hedged Equity ETF
2.00%Percentile : 9.41586748038359%

Company Profile

Business Summary
SoftBank Group Corp., formerly SoftBank Corp., is a holding company mainly engaged in communication and Internet related business. The Company operates in six segments. The Domestic Telecommunications segment is engaged in the provision of mobile communications services; sale of mobile devices; provision of broadband services to retail customers, and provision of telecom services to corporate customers in Japan. The Sprint is engaged in the provision of mobile communications services; the sale and lease of mobile devices and sale of accessories, and the provision of fixed-line telecommunications services in the United States. The Yahoo is engaged in Internet advertising, e-commerce business, and membership services. The Distribution is engaged in the distribution of mobile devices overseas, and sale of personal computer (PC) software, peripherals and mobile device accessories. The Softbank Vision Fund and Delta Fund segment engages in the investment business.

Executives

Contact Information

Masayoshi Son
Chairman of the Board, President, Chairman & President of Subsidiaries, Representative Director
Ronald Fisher
Vice Chairman of the Board, Chairman & President of Subsidiaries
Yoshimitsu Goto
Senior Managing Executive Officer, Chief Financial Officer
Yun Ma
Executive Chairman of Subsidiary, Director
Ken Miyauchi
President & Chief Executive Officer of Subsidiary, Director
Simon Segars
Chief Executive Officer of Subsidiary, Director
Office
Tokyo Shiodome Bldg.
MINATO-KU, TKY 105-7303
Phone
+81 368892000
Fax
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Ratings Summary