Edith Yeung 2019 Presentation at WSJ D.Live 2019 East vs. West The Race to Innovate

1. East vs. West:
The Race to Innovate
Edith Yeung
Proof of Capital

4. U.S. tariffs on Chinese goods: $250 billion
Chinese tariffs on U.S. goods: $110 billion
Source: China Briefing

5. Source: Twitter

6. Population - 1.4 billion
Internet users - 829 million
Mobile Internet - 817 million
Mobile payment - 583 million
Population - 329 million
Internet users - 293 million
Mobile Internet - 274 million
Mobile payment - 62 million
China’s Population is 4X that of the United States
Source: Wikipedia

7. Source: Huawei

11. Technology advancement is not
a zero-sum game

12. China vs. U.S.:
Technology Trends

13. Artificial Intelligence
Autonomous Driving
5G
⼈人⼯工智能
無⼈人驾驶
5G

14. Autonomous
Driving

15. Air pollution is killing 1 million people and costing the Chinese
economy 267 billion RMB ($38.5 billion) a year
Air pollution is killing 2,740 Chinese per day
Source: Chinese University of Hong Kong Research

16. Beijingers spend an average of 1.3 hours
every day commuting—more than three times
as much as the average U.S. commuter.
Source: Beijing

17. Over 2.9 billion people travelled during
Chinese New Year in 2016. Chunyun
(春运) is the largest annual human
migration in the world.
Source: Wikipedia

19. Baidu’s Apollo driverless car platform
has 130 partners. Apollo will launch a
robo-taxi service in Changsha, Hunan.
Source: Baidu

22. Autonomous driving in China will not achieve mass adoption until 2027
Source: McKinsey

23. Aptiv's self-driving BMWs have
made more than 50,000 rides on
the Lyft App in Las Vegas
Source: Aptiv

24. Starting in 2017, Waymo began testing self-
driving trucks in Arizona, San Francisco and
Atlanta. It will officially launch in Phoenix
later this year.
Source: Waymo

25. AI

26. Meet Zhang Zhao - the world’s first AI news anchor
Source: Xinhua News Agency

27. His first day on the job (November 2018)
Source: Xinhua News Agency

28. Bytedance has mastered AI content curation
Source: YCombinator Blog

29. Meet XiaoIce - Microsoft’s AI Voice AnchorBytedance’s Douyin and TikTok have achieved over
500M monthly users with 66% under 30
Source: Bytedance

30. Meet XiaoIce: Microsoft’s AI voice anchor
Source: Microsoft

31. Xiaoice has over 660M users and conducted over 30 billion conversations
Source: Microsoft

32. 5G

35. Source: Xinhua News Agency

36. South Korea has the fastest average internet connection in the world
Source: Akamai

37. Source: Forbes
India has the cheapest average cost of mobile data in the world

39. Technology advancement is not
a zero-sum game