Li Kaifu talks about artificial intelligence: China has the opportunity to catch up with the United States

In the context of AI development, Li Kai-fu, chairman of the Innovation Workshop, has long been a prominent optimist. In an exclusive interview at Davos, he emphasized that while AI will replace certain human tasks, there are four critical areas where human values remain irreplaceable: intelligence, creativity, empathy, and complex strategic thinking across multiple domains. He warned that as humans harness AI to generate unprecedented wealth, they must also confront significant challenges. "If we do nothing, in 15 years, we will face the greatest challenge in human history—possibly even a disaster," he said. His solution is to retrain displaced workers and ensure that companies, investors, and governments create new opportunities for employment. At Davos, the contrast between China’s approach to AI and that of Europe and the United States became a central topic. Li Kai-fu noted that the U.S. leads globally in AI, but Europe faces obstacles due to restrictive policies and a less dynamic entrepreneurial environment. Meanwhile, China benefits from strong capital, a vast market, abundant data, and supportive policies, giving it a real chance to catch up with the U.S. During the discussion, Li shared insights on the differences in how various regions approach AI. He pointed out that Chinese thinking tends to prioritize rapid innovation and implementation, while European perspectives emphasize caution, ethics, and societal impact. This divergence influences policy and development speed. For instance, Europe's strict regulations on data privacy may slow down AI progress, but they also aim to protect individuals and prevent misuse. Li also highlighted the importance of balancing technological advancement with ethical considerations. While AI can bring great benefits, it also poses risks such as job displacement, inequality, and security concerns. He stressed that solutions must be tailored to each region’s unique circumstances. In China, for example, the government plays a crucial role in guiding AI development, while in the U.S., private sector innovation drives much of the progress. When asked about opportunities for entrepreneurs in China, Li noted that although tech giants like BAT dominate many sectors, there are still gaps where startups can thrive—especially in niche industries such as healthcare, autonomous driving, and industrial AI. He encouraged entrepreneurs to focus on areas where they can add value and differentiate themselves. Looking ahead, Li acknowledged that AI will continue to reshape the workforce. He emphasized the need for retraining and social support systems to help people transition into new roles. He identified four key areas where humans will remain indispensable: smart decision-making, creative problem-solving, emotional care, and strategic cross-domain thinking. These skills should be nurtured early in education and training programs. Finally, Li reflected on the theme of this year’s Davos meeting: “Creating a common destiny in a divided world.” He agreed that this applies not only to global cooperation but also to the relationship between humans and AI. As AI becomes more integrated into daily life, societies must find ways to ensure that technology serves humanity equitably. By learning from different cultural approaches and fostering global collaboration, the world can navigate the challenges of AI and build a more inclusive future.

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