Kai-Fu Lee heads up a $2 billion AI and technology-focused venture fund (Sinovation) and used to lead Microsoft Research in Asia and Google China.
He has written a book AI Superpowers: China, Silicon Valley and the New World Order. He believes that China's entrepreneurs are using AI to solve real-world problems just like entrepreneurs in the 19th century applied the invention of electricity to practical concerns such as cooking, lighting and the powering of industrial equipment.
This approach helps them avoid weakness in "outside the box" approaches to research and a lack of top-tier researchers, and leverage its most significant strength – "scrappy entrepreneurs with sharp instincts" for building robust businesses.
Kai-Fu Lee segments four analogous inputs: abundant data, hungry entrepreneurs, AI scientists, and an AI-friendly policy environment in four different areas: internet AI, business AI, perception AI, and autonomous AI.