Latest / The In-Between Tech and Trust Podcast / AI in China and in Europe: Trust, Differences, and Future Implications - Vincent Xiang, Founder China AI Connect (EP 26)
Transcript
- 0:14Hello, this is Eva. And you're listening to the In
- 0:17Between Tech and Trust podcast right now.
- 0:20There is a global race on the way, as you all might know.
- 0:22And we all ask ourselves, well, who is it going to be?
- 0:27And also how is it going to turn out on a global scale?
- 0:31And most of the European conversation about it is
- 0:34happening at a significant remove from what is actually on
- 0:38the ground and feasible in China.
- 0:40And so I'm particularly intrigued that this week's guest
- 0:43is one of the. A few people.
- 0:45In a position to actually help us understand of what's going on
- 0:49and also look into the gap of knowledge that we might have.
- 0:53And so Vincent Xiang is the founder of China AI Connect.
- 0:57He's based out of Europe, but he's someone who works daily
- 1:01between Chinese AI founders and European investors.
- 1:05And in his role, he's advising both sides on what the other is
- 1:09actually doing and what they might also get wrong about each
- 1:14other, what they might benefit from each other.
- 1:16And so in our conversation, we get deep into whether China's AI
- 1:22deployment is genuinely A surveillance dystopia, whether
- 1:26that Labels has more about Western assumptions than Chinese
- 1:31reality. And we also talk about what
- 1:33European companies and investors are misreading about the Chinese
- 1:38AI landscape and what it means that the world is currently
- 1:42splitting into distinct and possibly well maybe permanent AI
- 1:46blocks, which we're currently not quite sure about and which
- 1:50we'll definitely need some follow up and seeing whether or
- 1:54where it's headed. The question underneath for me
- 1:57was a significant one because in a global.
- 2:01AI arms race Can we actually? Trust between the ecosystems
- 2:06that we build and or is managing the gap a realistic ambition
- 2:11overall? Welcome, Vincent, and I'm so
- 2:16happy to have you on the In Between Tech and Trust podcast.
- 2:19Thank you, Eva, it's a pleasure to be here and thank you for
- 2:22inviting me. I was really looking forward to
- 2:24our conversation because you're one of the experts to talk all
- 2:28the happenings that we can refer to when it comes to tech in
- 2:32China most of all, and also, you know, bridging the technological
- 2:38progress between Europe and China overall.
- 2:41And when you think about the intersection of technology and
- 2:45trust, what is the very first thing that comes to your mind,
- 2:48particularly from a perspective of working between China and the
- 2:52global AI ecosystem? I think this is a really good
- 2:56start for the conversation. So the first word coming to my
- 2:59mind is actually difference. So let me explain a bit more.
- 3:02So as you said, I working in between the two ecosystems,
- 3:06China and Europe. I often think that technology
- 3:09and trust is understood across China and Europe very
- 3:13differently. In China, for example, when we
- 3:15launch a new product and new services, people can ask how
- 3:18does this going to change our lives?
- 3:20How does it this going to improve our lives?
- 3:22Will you save time? We need to improve our quality
- 3:25of living. So when they think that the
- 3:27answer is yes, they are willing to try it and then over time the
- 3:30trust will build, right? If you look at Alipay and WeChat
- 3:33Pay, together they are serving 1.8 billion accounts in China.
- 3:37People use it for every cent network payment, for
- 3:39transportation, for online working, etcetera.
- 3:41So they are more willing to use and taste and new ideas and new
- 3:45products In China, when I look at Europe, it's often very
- 3:49different. So the first question people
- 3:51often ask is, so where is a guardrail, right?
- 3:53Is that safe for my data, where my data is going to be stored,
- 3:57how it's going to be collected? So there's more cautious number
- 4:00caution when it comes to like trying new technology.
- 4:03And so this is coming more from the different kind of history
- 4:06and different value and that actually shapes how AI is
- 4:10regulated, how AI is adopted, how AI is used across China and
- 4:15Europe. And now you've founded the AI
- 4:18Connect, and that means that you're building an understanding
- 4:23across systems and cultures, but also across stakeholders.
- 4:27And it will be interesting for me to know what motivated you
- 4:31personally to step into this. Also themely fitting in between
- 4:36space. Yeah, wonderful.
- 4:38I started a China AI Connect around six months ago.
- 4:42First of all, I think AI in China, AI in Europe is a great
- 4:46kind of topic, right? People are so interested to know
- 4:49what is happening there, across Europe, across China.
- 4:52I work with some founders in China to help them understand
- 4:55the EU market and also work with European investors and
- 4:59corporates to help them understand whether China AI is
- 5:03relevant to their strategy to the business and whether
- 5:05specific Chinese companies invest and compliant.
- 5:08So I worked with people from both sides and I realized that,
- 5:11you know, it's interesting that the the small people, often they
- 5:14don't understand each other. There's like, you know, general
- 5:17gap between Europe and China, how they perceive, how they
- 5:20like, interpret, trust, interpret AI and technology.
- 5:23So that is actually the reason I want to start China AI Connect.
- 5:27So my role is actually a translator and a connector.
- 5:31I translate reality to make sure people understand what is
- 5:34happening, what is hype, what is real traction in the market and
- 5:39also help them validate the assumptions regarding
- 5:42partnership, regarding investment.
- 5:44And also when there is unreal intent to engage deeper, I
- 5:48connect the two parts together. So I also organize, for example,
- 5:51some trips to bring the European executives to China so that they
- 5:54can meet the founders and operators on the ground.
- 5:58And now when you translate realities and also when you
- 6:02build bridges, so to say, and when you follow along the
- 6:05Western debates that are happening right now, trust and
- 6:09tech is most of the time framed around individual rights or also
- 6:14skepticism, as you pointed out, sometimes also the regulation
- 6:17aspects. How is trust and technology
- 6:20understood in China? I think I think in China that
- 6:24fast technology is much less about individual rights, but
- 6:28more about, you know, whether this is a working to improve my
- 6:31life or to improve the life collectively.
- 6:34As I also hinted earlier, when when we have a new product or
- 6:37new kind of technology, people often ask question, you know,
- 6:40whether this is going to help the city be safer, help our life
- 6:44be better. Does it really reduce the time
- 6:47So when they are when they're convinced that this is you're
- 6:51working and you have the trust which is built quickly.
- 6:55So one example is Alipay. We all know Alipay many years
- 6:59ago when Alibaba started the business, the e-commerce
- 7:01business, at that time people didn't trust the strangers.
- 7:05They don't want to know pay to online seller before they
- 7:08receive the goods. But then Alibaba introduced this
- 7:11escrow system. So basically the sellers only
- 7:14get the get the money when the consumers confirm that they have
- 7:18received the goods. So people don't really trust the
- 7:20strangers, but it's fasten the system they trust that, you
- 7:23know, this a system that is reliable, that is networking,
- 7:27that is improving our lives so that we can buy sense online at
- 7:30a cheap cost. We can get the goods delivered
- 7:33on time. So that is actually, you know,
- 7:35when we how we approach the new technology in China.
- 7:38And then using the same logic in many other areas like red
- 7:41hailing, the food delivery healthcare apps.
- 7:44But if you compare that with with Europe, right, where people
- 7:47often, you know, want to transparency and safeguards
- 7:49first before they're willing to to trust.
- 7:52So in China, we often like to pay more your attention on
- 7:54experience, if the experience is is OK, is reliable, is like
- 7:59trustworthy and the adoption and the trust follow suit
- 8:02afterwards. What you know described was
- 8:05quite from the business perspective, but from also your
- 8:09experiences and the involvement that you have other differences
- 8:14on the cultural, historical and also on a societal level, which
- 8:19might vary kind of a bit because there are also so many nuances
- 8:24to it. Yeah, exactly.
- 8:26China is a big country, so there's a lot of nuances.
- 8:28So, you know, my generation, especially my parents
- 8:31generation, so people in China were living in poverty.
- 8:34And my generation, we have seen that, you know, the economy has
- 8:38been developing so fast and we have eradicated extreme poverty.
- 8:41And there are so many like middle class people now in
- 8:44China. So when we grew up in poverty
- 8:47and then see the society has been transformed to still
- 8:50technologies to a larger scale, kind of, you know, factories
- 8:53kind of solutions. We have a tendency to believe
- 8:56that the larger scale kind of solution or infrastructure is
- 9:00working. And that is why I think, you
- 9:02know, in my generation, people are more willing to try
- 9:04nuisance. They are more willing to
- 9:06actually accept or embrace new technology.
- 9:09And then that is the axe. That is a cultural part, right?
- 9:12Compared with, you know, other societies, I think Chinese
- 9:14people, we are more willing to open and to new technologies.
- 9:17If you look at society, I think definitely there's a difference
- 9:20because, you know, China is so big and so diverse.
- 9:23When you go to cities like Shanghai, Shenzhen, hear those
- 9:27people talking about, you know, robotaxis and autonomous driving
- 9:30and the AI models. But when you go to rural cities
- 9:33like the third tier cities, people are so happy when they
- 9:35can pay online with their phone rather than going to the banks,
- 9:40right? So there's definitely the
- 9:42progress is distributed unevenly in China, but overall people are
- 9:46more winning and more open to accepting new technologies.
- 9:50And now you've described a bit the different kinds of societal
- 9:53approaches and also adoptions to technology overall in China.
- 9:58But where do you see the biggest cultural mismatches?
- 10:02When Western companies try to interpret, use or also
- 10:07incorporate Chinese AI strategy and progresses and the other way
- 10:13around as well. I, I think actually the, I think
- 10:16the biggest cultural mismatch is also coming from the first
- 10:20question we ask ourselves. In Europe, the first question is
- 10:23often about, is this legitimate? Is it, you know, safe?
- 10:26Does it respect individual rights?
- 10:28But in China, the first question is often more about, you know,
- 10:31does it work? Does it improve efficiency?
- 10:33Does it help the system run better because of that?
- 10:37And the Western companies often take look at Chinese AI systems
- 10:41and see many as a way of control or a demonstration of power.
- 10:46I think that perspective actually means how much of the
- 10:50focus is actually on productivity, on logistics, on
- 10:53healthcare and economic upgrading.
- 10:56Speed and iteration are seen as very positive in China.
- 11:00On the other side, I also seen that Chinese companies often
- 11:03misunderstood European companies in opposite way.
- 11:06They they think that regulation in Europe is, is slow, is
- 11:10inefficient. So many founders ask me, you
- 11:11know, why it's so hard to get a license in Europe, but why it's
- 11:14so hard? Why the consumers worry so much
- 11:16about data sharing, Right. And I tell them that in Europe,
- 11:19individual rights and the accountability is actually the
- 11:22better of trust. So you have to be really
- 11:25insured. That is, you know, understood
- 11:26properly before you think about scaling to, to Europe.
- 11:30When the two sides have this kind of misunderstanding, it's
- 11:33harder for them to to, to build trust, to build relationship.
- 11:37So I always talk with the two sides, say that you need to
- 11:40understand the nuances and the differences, and then the trust
- 11:44and the relationship will form more naturally.
- 11:46And now when we look at the closer into the way that a like
- 11:51China also approaches AI and within China, there's also most
- 11:59of the time the portrait of AI being a superpower.
- 12:03And it would be nice to understand from your experience
- 12:08if that state is also sometimes being perceived as maybe a
- 12:13surveillance dystopia, and if So, what the actual current
- 12:19status and if this is really accurate.
- 12:22Yeah, that's interesting. Eva.
- 12:24I I think both labels right AI superpower and the surveillance
- 12:28dystopia are a bit over overly simplified.
- 12:31From what I've what I've seen on the ground, China's AI landscape
- 12:35is very strong in application and in deployment, but are more
- 12:40constrained in in the foundations.
- 12:42And what I mean is that China is extremely good at deploying AI
- 12:46in real world settings at scale. You often see that AI in
- 12:49payments where fraud detection runs on massive scale.
- 12:53You see AI in manufacturing where AI is now used for quality
- 12:57control or for predictive maintenance.
- 13:01At the same time, Chinese also depended on the foreign
- 13:03technologies, especially from the US, like advanced
- 13:06semiconductor chips for NVIDIA, high end manufacturing
- 13:09equipment. So this carries no real
- 13:12bottleneck. So China is powerful in using
- 13:14and deploying AI, but more constraint in the critical
- 13:18hardware and technology that, you know, shows you where China
- 13:21is today in terms of AI deployment.
- 13:23We are catching up very fast. We are developing very fast, but
- 13:27there's always some critical dependency on the US technology.
- 13:31You mentioned the surveillance dystopia.
- 13:34This is interesting. I, I think on the surveillance
- 13:37question, my personal experience is, is interesting.
- 13:40I, I live in Germany for seven years.
- 13:42I have many German friends. And when they visit China,
- 13:45right, they notice that, you know, there are cameras
- 13:47everywhere in cities like, you know, Shanghai and Hangzhou.
- 13:50They would expect that people to feel like uncomfortable because
- 13:55there's their cameras, maybe they feel being monitored, but
- 13:57they notice that, hey, people don't really notice that camera
- 14:01is there and they live the normal lives.
- 14:03And they talk more about, you know, what, how the, the
- 14:06congestion is reduced, how the accident has been prevented, how
- 14:11that improves people's safety. The, the, the, the city's net
- 14:14efficiency for local people. These systems are experienced
- 14:18more as infrastructure, not as the political tools, right?
- 14:22So, so of course, like there are also some concerns in terms of
- 14:26that, you know, there are some reports showing that some data
- 14:29leak may happen. So facial recognition has been
- 14:33misused. So some companies also have
- 14:35collected more data than they should.
- 14:37So people have concerns. They also complain online and
- 14:40yes and no source as well. You highlighted and you dove
- 14:44with us into the current state. Do you have any hints on where
- 14:49it's headed in the future? Yeah, I think, I think AI is
- 14:53developing very fast now in China and that you have seen so
- 14:55many progresses and so many experimentations and pilots in
- 14:59the past. Now I think it's very clear that
- 15:02the society were the progress isn't moving away from a phase
- 15:07of experimentation or pilot into a phase of no fast and larger
- 15:11scale real AI deployments. So, so now the question would be
- 15:15how we actually turn AI into stable product across the
- 15:19economy, how we actually monetize our solutions, right.
- 15:22It's not just about, you know, investing into some R&D, but
- 15:25more about how to actually make money with with AI.
- 15:28And you see this in national strategies like the AI 2030.
- 15:32China aims to become a leading AI technology provider by 20-30.
- 15:36And there's a broader AI Plus initiative which aims to push AI
- 15:40adoption to more than 90% across the major industries.
- 15:44So it's about embedding AI, you know, deeply into the economy
- 15:47and people's and daily lives. At the same time, regulation is
- 15:50also tightening. We have aligned some basic AI
- 15:53laws, but China now is also drafting more comprehensive AI
- 15:57regulation, especially around generative AI data security and
- 16:02safety reviews. So the message is quite clear,
- 16:04you can innovate in China, but within certain boundaries.
- 16:07And the next phase is not really about a piloting or showcasing
- 16:12your capability. It's more about how to actually,
- 16:14you know, use AI, leverage AI to improve our lives and how to
- 16:17actually monetize the solutions. I think it's quite fascinating
- 16:20how you talked about the way that it's supposed and you also
- 16:24talked about the way of how it's more about the implementation
- 16:28part and like really getting the value out of AI.
- 16:30What role does trust play in China particularly and also in
- 16:36terms of its rapid AI adoption? I think, yeah, any kind of
- 16:41market and we want to transform a lot of industries.
- 16:45I think the trust is one of the most important and most
- 16:48underestimated kind of reasons. The one as spreads so fast in
- 16:51China people often talk about population size right?
- 16:54The market demand, the government of power, etc.
- 16:57Or engineering talent. All of that matters.
- 17:00But without fast nothing will really work.
- 17:03Especially in technology from what I've seen.
- 17:05I think it's faster place to 2 main roles.
- 17:08The first is that it reduces friction.
- 17:10A new system is introduced. People usually start with simple
- 17:14questions like does it really make my life easier?
- 17:162nd and the tries to speed up adoption because people are
- 17:19willing to try it. When you when you see that it's
- 17:21working reliably, it improve the lives collectively, then you
- 17:27seen adoption speed up quickly, right?
- 17:29So definitely this kind of fast adoption are based on trust, how
- 17:34people people are feel, whether people feel comfortable enough
- 17:37to use it on a daily basis. Are there any differences when
- 17:42it comes to trust in terms of also trusting into institutions
- 17:48or in the platforms? You've now mentioned several
- 17:50ones that are based out of China or in state coordination that
- 17:55sometimes also are being perceived as quiet, you know,
- 18:00based on heritage in China or so to say.
- 18:03Same, Yeah. I think definitely there are
- 18:04some differences among the different layers, right?
- 18:08You mentioned institutions and platforms and governments.
- 18:10Now from what I see on the ground, I feel like in a trust
- 18:13is built through the three layers which are more
- 18:16coordinated and connected, right, The government platforms
- 18:19and the institutions. First the government says the
- 18:22direction, right? And they tell the the market,
- 18:25hey, the AI is a priority. They also mobilize the foundings
- 18:29to support the early movers, the startups and those kind of early
- 18:33companies and to develop the technology.
- 18:37And they also sometimes like, you know, provide really some
- 18:40policy support to help them launch the product.
- 18:43And then the second is a platform.
- 18:45We have companies like Alibaba and Tencent, and those are
- 18:48leading tech companies. They actually turn the policy
- 18:51into products. So they work together with the
- 18:54regulators, with the government to actually build scalable
- 18:57solutions for people to use. And then you have the
- 19:00institutions you mentioned, which are, for example, the
- 19:03hospitals, the schools, the city governments.
- 19:06So these institutions, they normalize the usage, they adopt
- 19:10these systems provided by the tech companies or the startups
- 19:14and they, you know, also current environment that you can
- 19:17actually make it easy for people to use and adopt those
- 19:20technologies. So, so one good example is the
- 19:23Hangzhou's and city brain, the government, they defined the
- 19:27priorities, say, hey, we want to optimize the traffic management
- 19:30in Hangzhou. And the Alibaba built the AI
- 19:33system and the city, they adopted it as early customer.
- 19:38And now people see that the commute time has been reduced,
- 19:42the accident has been reduced, and the city becomes more,
- 19:45becomes safer. So this kind of collaborative
- 19:48and effort is showing that this 3 layers in China kind of like
- 19:52reinforce each other. Of course, you have this kind of
- 19:54structure elsewhere. But if I look at Europe, for
- 19:57example, I feel like it's in my humble opinion, I feel like
- 20:01these layers are more separated because they think about, you
- 20:04know, individual rights. How's that?
- 20:06That actually interfere with, you know, my my rights, my
- 20:09privacy. So you can at some point slow
- 20:11down the coordination. And you highlighted now some of
- 20:15the players that are like super present in the Chinese market.
- 20:19And I think what we can derive and it's independent of the
- 20:23Chinese market, but we can see it on a global scale as well
- 20:26that there is a fragmented tech stack and there are also sort of
- 20:32fragmented kind of approaches to regulations or AI enormous.
- 20:37How do you like perceive Chinese players of how they look into
- 20:41this? Yeah, I mean, I, I talked with
- 20:44the founders in China. I feel like most of them, they
- 20:47think that their fragmentation will be kind of like permanent
- 20:51now, right. You know, 10 or 15 years ago,
- 20:53many founders, many people think that, hey, we're going to have
- 20:56one global Internet and one set of standards, one set of, you
- 20:59know, dominant ecosystem. And the idea is actually gone
- 21:04because now with also geopolitical risk, that is
- 21:07regarded as the part of the normal business in reality.
- 21:10Now, when I talk with some Chinese founders, especially
- 21:13those that are trying to expand globally, they often also see
- 21:17that Europe is so hard to navigate due to the
- 21:19fragmentation. There's one rule in Germany, one
- 21:22rule in France, one rule in Brussels.
- 21:25So that is why it's complicated from their perspective.
- 21:28Oftentimes they think this, this is inefficient and this is slow.
- 21:32And the same time, I also see that Europe is trying to address
- 21:34this, this issue, right. We, we know that the initiative
- 21:37like EU Ink are meant to reduce fragmentation and to harmonize
- 21:42the rules across European member States.
- 21:45So I definitely think that's the right direction.
- 21:47But in my opinion, I think realistically, I don't think
- 21:49fragmentation is going to go away anytime soon, especially
- 21:53AI. We are moving towards a
- 21:54different kind of techno technological flow.
- 21:57If you look at US, the market is characterized by many large
- 22:03proprietary closed source models dominated by open AI or isopic.
- 22:07And in China, the ecosystem is or it's much more open.
- 22:10We have open source of framework.
- 22:12Many kind of models like Alibaba's Quinn, like Deep Sea
- 22:15can, they're all open source. So different technology will
- 22:18lead to different standards, spent business models and
- 22:20different regulation. And so it's more likely that the
- 22:23whole world will diverge into different AI ecosystems in the
- 22:26future. And you will continue to see the
- 22:28fragmentation globally. And that is why I often advise
- 22:33the founders or the executives and when they are trying to
- 22:36expand globally. I think this should definitely
- 22:39and understand very early on the differences between regulation,
- 22:43you know, how fast it's been built.
- 22:45And also to build a compliance early on from day one into the
- 22:50product, the compliance that should be treated as a core
- 22:52feature on the product rather than a legal afterthought,
- 22:55right? Right.
- 22:56That will save you a lot of money when you address this you
- 22:59know later. You said you talk a lot to
- 23:02Chinese and startup founders and also the ecosystem that's on the
- 23:06ground of how they think about AI when it becomes both an
- 23:10economic engine, but then again also a geopolitic instrument
- 23:16that we can see that this is also available going forward.
- 23:20From my experience, my conversations with executives
- 23:23and people close to policy in China, I'd say that Chinese
- 23:27leaders are increasingly seeing AIS, strategic infrastructure.
- 23:31I think the first priority is productivity and also
- 23:35efficiency. AI is seen as a way to upgrade
- 23:38manufacturing, logistics, energy and services in China, like many
- 23:42other countries. And China's are facing the same
- 23:44challenge in terms of, you know, rising labor costs, aging
- 23:47population and slowing growth, right?
- 23:50So leaders really look at AI as a way to maintain global
- 23:54competitiveness without also relying too much on US
- 23:57technology. So especially due to the
- 23:59geopolitical tension between US and China.
- 24:02And there's also growing concern about using US technology.
- 24:06So it's also a national priority to be technologically self
- 24:11reliant, especially to reduce dependency on those critical
- 24:14hardwares like semiconductors, you know, cloud infrastructures,
- 24:18you know, from US. So these are all seen as a
- 24:20strategic choke points. And now in terms of like
- 24:23technology experts, I think China always want to, you know,
- 24:27export this technology to other countries also to grow their
- 24:30market share, the footprint. So exporting sense like smart
- 24:34city systems, industrial automation or digital platforms.
- 24:38This is not just about business, right?
- 24:40It's also about to to have influence and to have to create
- 24:43standards so that there's, you know, ecosystem that is working
- 24:46together to address the global problems.
- 24:49So if the technology becomes widely used abroad, the
- 24:53technical norms and practices will spread together with that.
- 24:57I think that's one of the crucial aspects that still needs
- 25:00to be, you know, also defined and probably also unpacked
- 25:03further and also monitor it if you go along the way.
- 25:08And that is one of the benefits of your role.
- 25:10Because basically you're at the linchpin of also accompanying
- 25:14that and accompanying also that together with European corporate
- 25:18leaders and the investors that assess different kinds of
- 25:21Chinese AI infrastructures. How this works of how your role
- 25:25works. And also how like what
- 25:27challenges you encounter when you dive into the strategy, the
- 25:32specific Chinese opportunities with investors and the
- 25:35compliance aspects of that in collaborating with the clients
- 25:40or the ecosystem that you've formed?
- 25:42So I work with both sides, both China and Europe.
- 25:45So my role as a founder of China Air Connect, I help the European
- 25:49investors and corporates evaluate whether China AI is
- 25:52relevant to their business and to their strategy and whether a
- 25:55specific Chinese company is investor point compliant.
- 25:58On the China side, I help the founders understand the European
- 26:02market and also to help them you find the go to market strategy
- 26:06and to help them with product scaling.
- 26:09So I have the privilege to work with very small people from both
- 26:12sides. And as I said earlier, my role
- 26:15is more like a transmitter and connector.
- 26:16So I do enjoy those kind of, you know, work to really help the
- 26:20conversation, to help the decision making and to connect
- 26:23the two parts together. And now I do see that and
- 26:25there's a strong growing interest about China, especially
- 26:29after deep sick people realize that China AI is developing,
- 26:33developing so fast and the gap between US and the China is
- 26:36narrowing very fast. They want to understand what's
- 26:38really happening in China, what's, you know, real, what's
- 26:40the, the hype or what's like a real fraction in China.
- 26:43But I think in the challenge now is, is that many European
- 26:48investors are still very cautious about China.
- 26:50So they know that and there's some very fundamental kind of
- 26:53challenges in terms of data transfer, right regulation,
- 26:57geopolitical risks, and those are all the factors and that
- 27:01often times slow down the decision.
- 27:03So I, I think it's, it's no easy, it's difficult to turn
- 27:07from, I'm interested to, I'm investing in China, I'm going to
- 27:10China. So the gap is still quite big.
- 27:12So my goal is actually make it easy for people to understand
- 27:17what's really happening in China and also to help them, you know,
- 27:20connect with the founders and operators on the ground so that
- 27:24they can go to China to see with their own eyes and to experience
- 27:27technology by themselves, to form their own DP opinions.
- 27:31And if you now look at that from particularly an individual point
- 27:35of view and those who are building products or Koreas at
- 27:39exactly like the intersection of the, you know, Chinese markets
- 27:43and the tech and products that there are, we're out there,
- 27:47particularly when we look into the entrance of it.
- 27:50Do you have any hints on what the role and like of credibility
- 27:55looks like and how trust like feeds into that and also how it
- 28:00is needed to be established kind of way of entering the market in
- 28:04itself? So once never learned from my
- 28:07work with China's companies and European companies, I think it's
- 28:10important to understand that presence matters more than brand
- 28:14new when it comes to beauty relationships in China, right?
- 28:16You know, it's a very relationship driven society.
- 28:21There's a word guanxi, which is a very popular in business
- 28:24business setting business, you know, environments.
- 28:28So you need to be committed and also to be consistent when it
- 28:33comes to building relationships with with the company's
- 28:36ecosystems in China. Talking about, for example,
- 28:39Siemens and Bosch, those German companies that have been in
- 28:41China for decades and they have invested in factories, you know,
- 28:45ID centers, they work with universities, they work with no
- 28:48governments and regulators. And that is not how they build
- 28:52trust and build, you know, the real connection in China, right
- 28:56through consistent presence and commitment in China.
- 29:00So that is definitely the good way to start because I often see
- 29:03that now it's important for the European companies and to embed
- 29:08themselves into the China local ecosystem.
- 29:10Let's book a trip to go to China to talk with the founders and
- 29:13the operators and to be to visit a few factories and companies
- 29:17etcetera. And then it's a much better way
- 29:19to actually understand what's happening and also to spark
- 29:23conversations about a partnership, etcetera.
- 29:25And we've not talked a lot about the present, but I do want to
- 29:29try to look with you in the future.
- 29:31How do you see the future of AI converging or not?
- 29:36And then how is it also different between China and the
- 29:40West? I think in terms of technology,
- 29:43I do see that. So there are different kind of
- 29:44priorities when I when I talk with the developers in the West,
- 29:49let's take example of USI think their priority is more about how
- 29:54to develop the best models, how to actually have the as many,
- 29:59you know, users as possible, how to actually spread and like Dr.
- 30:03adoption. But in China, I think the focus
- 30:06is not really about building the best model, but more about
- 30:09making how to adopt AI as deeply as possible into the economy
- 30:13across different industries. As I mentioned earlier, 30 AI
- 30:162030 aims to boost AI adoption to more than 90% across all the
- 30:23industries, right? So we'll focus more on how to
- 30:25use AI, how to deploy AI. So that is a bit different from
- 30:29the West. And in terms of how people see
- 30:32AI as in general, people are very, in China, people are very
- 30:35optimistic and open to this new technology.
- 30:37And I this partly because of cultural reasons, but also we
- 30:41see that AI is going to be the best way to solve some issues
- 30:46like aging population. You don't want to, you know,
- 30:48rely on having more workers, but you want to make it faster and
- 30:52more efficient using technology like AI, right?
- 30:55And in China, because of the favourable policy and also
- 30:59reliable supply chain, I think it's very likely that we're
- 31:02going to have the mass production of robots in the
- 31:05coming years. That will definitely be a great
- 31:08thing to to to see how that will for people's knives in different
- 31:13industries, manufacturing, service industries and also even
- 31:16people's home with human or the robots.
- 31:18That's very interesting to watch.
- 31:20I think the like progress in all aspects of how robotic progress
- 31:26has been made is just incredible of also to follow along in the
- 31:31Chinese market. You know, we need to follow that
- 31:34along from a different kind of perspective, but then again,
- 31:37also of how it's going to be connected to the whole area of
- 31:41the progress that AI makes in itself.
- 31:44And I think it's going to be super interesting to follow
- 31:47along of how both of those worlds also both of those
- 31:50developments are going to be converging.
- 31:53But for now, I do want to end our conversation with the
- 31:57so-called in between moments because these are moments that I
- 32:00want to have with all of my guests in the end of the
- 32:02conversation that we've already had.
- 32:04When it comes to the first questions that I kind of throw
- 32:09out there, and it's for you particularly, what does trust
- 32:12and technology mean when it becomes tangible?
- 32:15So the trust technology becomes tangible through conversation
- 32:19and connection. And where does China's AI
- 32:22strength lie in? Definitely in scale and speed.
- 32:26And how does the West differentiate towards that?
- 32:30And I would say a differentiate in core technology and
- 32:34governance. And the geopolitics and tech
- 32:38perspective, are they friends or first?
- 32:41Definitely. I think you should be both right
- 32:43depending. OK, I, I would love to dive into
- 32:47that right now, but that's not how the moments work.
- 32:50So I'm just going to throw right out the last question that I
- 32:53have towards you and it would be one word that you have that
- 32:57you're currently in between. I hope I can use a sentence
- 32:59actually. I mean between.
- 33:01I'm like building the real trusted connections between
- 33:04China and Europe. And I think it's one of the most
- 33:07relevant things that you can dive into.
- 33:09And I'm very grateful to have had you as a guest on the
- 33:12podcast. Thank you so much for joining us
- 33:15and joining me on this also deep dive into the way of the
- 33:18differences that there are on between regions.
- 33:21And I hope to talk to you soon again.
- 33:23Thank you so much, Eva. It's really fun and thank you
- 33:26for having me. It's a pleasure.