Google did a quick search to see what a $550 million investment in Chinese e-commerce giant JD.com would return. The results?
A less than 1% stake in China's second biggest e-commerce player (behind Alibaba). A massive network of warehouses and delivery ops. A chance to work with JD.com to tackle online retail across the globe. But as Google eyes e-commerce (and Amazon)...
...it's also looking to win favor with China. Since China banned Google's search engine in 2010, Google's built offices in the country, opened AI research facilities, and sent Sundar Pichai over to wine and dine lawmakers.
But so far, China's remained query intolerant.
Best case scenario: Google slides into three markets (U.S., Europe, and SE Asia) using JD.com's incredible capacity to fulfill up to 200,000 orders in one day...from one facility...with only four human workers...Then? China changes its mind about Google search.
As computers get more creative and AI begins to create better AI......
Once it becomes cheaper to use robotics than human labor.....
What will people do?
I remember making a post called Humans Need Not Apply that compared us to horses 120 years ago.
Maybe, in an attempt to be optimistic, governments will tax automation and provide a universal basic income for everyone? Then we will all spend our time learning piano or art in liberal arts degree universities with recorded lectures over YouTube.
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Leander H. McNelly