HONG KONG (BLOOMBERG) - In a packed ballroom in Beijing's national convention centre, the executive from a major technology company laid out ambitious plans for the future of artificial intelligence in China. He explained how customised semiconductors would help power everything from autonomous cars to voice-activated industrial machines. Only this wasn't a state-backed enterprise. This was Intel Corp, the largest US chipmaker. The company's AI chief, Mr Naveen Rao, pledged to work closely, "engineer to engineer," on cutting-edge technology with the 7,000 people that attended Baidu Inc's annual developers conference last week. Intel was the top sponsor of the event. Mr Rao made no mention of politics, though his overwhelming support of Baidu, a Chinese national tech champion, sent a powerful message: Even as US and Chinese leaders are locked in a fierce battle over technological supremacy, companies like Intel remain big backers of China's tech industry because they rely on the country … [Read more...] about US tech firms cozy up to China despite trade turmoil
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Build, build, build – trust! It must be said, whether we admit it or not, that we should be thankful to our countrymen serving in government. Most of us are scared of this thankless job or are simply not up to it. Yet, when one takes on the job of a public official, there is that uplifting honor behind the title, there are those connections useful even after one’s life as a public servant, and there are those invaluable opportunities (business or otherwise) created because of the rich relationships and wealth of information and experience acquired by someone who served well. Government personnel may earn huge psychic income but the salary is forgettable. So when the public or taxpayers demand accountability, it’s not due to the salary that is paid to them (which should be increased, really), but due to the assets of the country entrusted to them. They handle and spend other people’s money – money coming from every Filipino … [Read more...] about Build, build, build – trust!
The ties that bind: Cultivating lasting relationships (Philstar.com) - May 24, 2019 - 4:21pm Impassable roads and scattered debris, Shella Usquisa still has vivid memories of how Super Typhoon Lawin affected her town in Tuguegarao back in October 2016. "The typhoon was relentless, but so was I," Shella shares, continuing to brave the storm that fateful day, opting to still go to fulfill her responsibilities at work. Duty first A customer relationship specialist, Shella's days are filled with nonstop engagements with bank clients. Sometimes pleasant, sometimes challenging, Shella has gotten used to dealing with every kind of client, adding that she has already mastered the art of keeping her composure at all times and that her greatest "tool" at work is her ability to listen and understand where her clients are coming from. Thus, in spite of the strong gusts of wind and heavy rainfall which lasted for hours, Shella knows that … [Read more...] about The ties that bind: Cultivating lasting relationships
SINGAPORE: Finance Minister Heng Swee Keat will be promoted to Deputy Prime Minister as part of the latest changes to the Cabinet, the Prime Minister's Office (PMO) announced on Tuesday (Apr 23). Mr Heng will remain Finance Minister, said the press statement, and continue chairing the Future Economy Council and National Research Foundation. "He will be appointed Acting Prime Minister in the Prime Minister's absence," PMO said. Current deputy prime ministers Teo Chee Hean and Tharman Shanmugaratnam will relinquish the role. They will, however, remain in Cabinet as senior ministers, with Mr Teo continuing as Coordinating Minister for National Security.Mr Tharman will be re-designated as Coordinating Minister for Social Policies, and will continue to advise the Prime Minister on economic policies, PMO added. He has also been appointed deputy chairman of GIC. The Cabinet changes take effect on May 1. "NEXT GENERATION … [Read more...] about Heng Swee Keat to be promoted to DPM in Cabinet reshuffle
For innovation to succeed, it should meet people’s needs and wants. Brands can build better relationships with their consumers and audiences if they are able to do that. It can also help preserve the long-term benefits of a digital economy that works for all. This is one of the central messages that emerges from the Digital Society Index 2019, a project of Dentsu Aegis Network (DAN) developed in collaboration with Oxford Economics, which combines a primary survey of more than 43,000 people across 24 countries with economic and statistical analysis. Trust in big tech is falling. This survey first started in 2018, and even the collapse in trust in the use of digital technologies has been observed. The number-one cause of distrust is the misuse of personal data. Stronger regulation of technologies like artificial intelligence is being proposed. And social media has been blamed for both political polarization and misinformation. Thirty years from the birth of the World Wide Web and … [Read more...] about The Digital Economy gives you the power to be a better version of yourself