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As you mull it over, consider this jaw-dropping report from China: JD.com, a Chinese e-commerce behemoth, claimed it could receive, pack, ship, and deliver 200,000 orders a day across China. But get this, it employs just four workers at the fulfillment center. And those employees' jobs? To service the robots that fulfill the orders... Final food for thought: In January, the World Economic Forum and Boston Consulting Group said that by 2026, over 1 million Americans could lose their jobs to automation. + There's always another side to the story: "AI Doesn't Eliminate Jobs, It Creates Them."
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.