Not banned
Video address:
/us/10711309/79051569.shtml
Speech transcript:
I am honored to be able to speak at CeBIT.
I remember 14 years ago, when I first came to Hannover, we tried to rent a small booth to sell Chinese products to the West, to Europe. It took a long time to find a booth, and Hannover was far less prosperous than it is now.
The whole process (finding a booth) was difficult. In the end we finally found a small location, but few people visited it.
Eight years ago, we came back. We wanted to help all the exhibitors, move them online and help them sell on Alibaba - but that didn't work out either. Because at the time people felt that online trading and trade shows were in conflict with each other.
I am back again today. The reason I came back was to find the missing important part of the Internet economy. In the past 20 years, the Internet has been very successful, but I found a very strange thing. Very few Internet companies can live healthily and peacefully for more than three years.
This means that most Internet companies only have "honey days" and "honey weeks", and they don't even have honeymoons. What is the problem? What is missing? I firmly believe that the missing part can be found in Europe.
What is it?
Whether you like it or not, the Internet has had a huge impact on human society in the past 20 years, and everyone believes that the Internet has made great contributions to the world. And many traditional businesses hate the Internet because it has ruined their business.
But why are Internet companies worried? You see Google, Facebook, Amazon, eBay and Alibaba, all of us worry every day. We felt there must be something wrong here. We must find a solution so that our company can live long and healthy like Mercedes-Benz and Siemens.
If an industry cannot survive for more than 3 years, if not all companies can survive happily for more than 3 years, then this industry will never become mainstream, and this industry will never be deeply rooted in the economy—— So, what do we have to do to find a solution?
The world is changing rapidly. Our technology today is developing very, very rapidly. Most people don’t know what IT is or what the Internet is.
IT technology and digital technology are not just different technologies, but different ways of thinking and how people treat the world.
We don’t know what the world will look like in 30 years, and we don’t know what the data will look like in 30 years—but we believe that the entire world will be greatly changed in 30 years.
If the first and second technological revolutions released people’s physical strength, then this technological revolution has released people’s brainpower, and brainpower is innovating.
In the future world, we will no longer be driven by oil, but by data; in the future world, business will be C2B rather than B2C, and users will change companies, rather than companies selling to users - because We will have a lot of data. Manufacturers have to personalize otherwise they will have a very difficult time.
In the future world, all manufacturers produce machines. These machines will not only produce products, they must speak, they must think. Machines will no longer be powered by oil and electricity; machines will be powered by data.
In the future world, enterprises will no longer focus on scale, standardization and power. They will focus on flexibility, agility, personalization and user-friendliness.
And I strongly believe that in the future world, we will have many female leaders - because in the future people will not only focus on muscle strength, but will pay more attention to wisdom, care and responsibility.
I think the Internet has to find that missing piece. The missing part is that the mouse and the cement work together to find a way to integrate the Internet economy and the real economy.
Only when the mouse and cement are combined can Internet companies survive and live happily for 30 years.
If this combination is realized, it can be called D!conomy, not just the digital economy, I call it the data economy, and everything will be changed.
And I believe that the world will become very beautiful and very challenging at the same time. Companies like Apple tell us what the future will look like. One thing will flow through the machine, and that's data.
We are in a great era of innovation, ambition, invention and creativity, and I believe everyone is working very hard to realize their dreams. Today we see real-world workers, truck drivers, and gamers... all people who, in the past, would not have been able to use technology to realize their dreams. But today, data makes it possible.
But I strongly believe that it is not technology that changes the world, but the dreams behind technology that change the world. If technology had changed the world, I wouldn't be here. I wasn't trained to be a tech expert. I don't know anything about computers. I don't know much about the Internet. But I have a strong dream, I want to help small and medium-sized enterprises.
So 14 years ago I came here trying to sell Chinese products to Europe, but without success. 14 years later I want to help European companies sell products to China and the world through the Internet. It is dreams that drive this world, not just technology.
Ladies and gentlemen, let us work together. This is a wonderful world, this is a world that belongs to young people, this is a world that belongs to the future.
Thank you very much for listening.
Related English News
China's Internet tycoon Jack Ma, founder of giant online merchant Alibaba, gave a glimpse of the future when he demonstrated a new e-payment system using facial recognition at the CeBIT IT fairin Germany.
Criss-crossing the stage in the style of a Silicon Valley pioneer late Sunday, Ma showed off the technology that uses facial recognition from a smartphone camera selfie as a digital signature, saying he had just used it to send a gift to the mayor of the event's host city of Hanover.
Ma, a former teacher, is known for thinking big, and at this week's CeBIT he was the keynote speaker, addressing an audience that included German Chancellor Angela Merkel.
Like many other companies from the event's official partner country China, Alibaba -- flush withcash from a massive stock listing -- is looking beyond the borders of its huge domestic market of1 .2 billion people, to the world.
Ma enthused that, while the industrial revolution freed workers from hard labor, the digital "revolution... liberates the strength of the human brain".
"It's not the technology that can change the world, it's the dreams behind the technology that change the world," the 50-year-old told the audience, adding that his dream was to help small enterprises sell on a global market .
Ma has not hidden his global ambitions and has cited as his models global comp
anies such as Wal-Mart, IBM (NYSE: IBM - news) and Microsoft (NasdaqGS: MSFT - news).
In January at the World Economic Forum in Davos, he said his target was two billion Alibaba users worldwide, compared to 334 million "active buyers" in December, and a global version of Taobao, the sales site that cemented his dominance in China.
- Global ambitions -
Some observers think Alibaba could one day rival the US online giants eBay and Amazon, or just buy them.
"Many people think that's a road that they may pursue, since it would be so expensive to build their own brand (in the US)," said Zia Daniell Wigder, vice-president of Forrester Research (NasdaqGS: FORR - news) .
"Simply making a name for yourself in a market where the leaders have been established for a longtime is going to be difficult.
"It is more likely that Alibaba conquers emerging markets with still nascent online trade while prudently strengthening its presence in developed countries."
The head of German IT industry group BITKOM, Dieter Kempf, said about Alibaba that "the success is impressive, even if it is in large part because suppliers face a very large, hungry Chinese market".
Asked whether it could become a true global player, he said: ?I think we will have to see. Someone who can operate successfully in a large domestic market is not necessarily a good exporter... It
really depends on the individual solutions."
The Chinese giant has already launched an online auction site in the US, called 11main, challenged Amazon in the field of cloud computing with a service called Aliyun, and invested $200 million (188million euros) in Snap chat, a photo-sharing application.
Bryan Wang, Beijing-based analyst for the consultancy Forrester Research, said it was an early attempt by Alibaba to try to "understand digital consumers on a worldwide scale, outside of China".
Last September, the Hangzhou-based group raised a massive $25 billion on the New York stock market, although the share price has since fallen below the listing price.
p>- Digital ecosystem -
Founded in 1999, Alibaba has based its success on Taobao -- "look for treasure" in Mandarin -- and Tmall, a gigantic virtual mall that has become so dominant that even Amazon has opened up shop there.
Like Google, Alibaba capitalizes on the analysis of user data. It does not charge commission to individuals but derives its profits from advertising options it offers to improve their visibility.
The volume of annual trade carried on its platforms, still mostly within China, exceeds that of eBay and Amazon combined.
Alibaba operates its own online payment system Alipay, and has received approval from Beijing to open a private bank. It also offers a navigation sy
stem, an online tour operator, and a music streaming service, among other things.
"Alibaba is not only an e-commerce platform, it is the largest digital ecosystem in China," said Wang. "Wherever you are in China, Alibaba actually knows your behavior."
But Alibaba still faces other challenges -- it has been accused of not doing enough to eliminate counterfeits sold on its platforms.
Key Points Analysis Key Phrases/Words
1. tycoon n. Business giant, tycoon
2. Criss-crossing v. Square (present participle of criss-cross), cross-shaped
3. facial recognition face recognition
4. digital signature digital signature, digital signature
5. enthuse vt. to make enthusiastic vi. to be extremely enthusiastic about...
6. nascent adj. initial, newborn, beginning to form
7. counterfeits imitation, counterfeit
Reference: Bilingual: Jack Ma's speech video at the Hannover Fair in Germany Coming
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