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Asian tech execs voice hopes and fears for AI in Davos

'Whether or not you like it, it is happening,' says Alibaba's CEO Zhang

Jack Ma Yun, chairman of Alibaba Group Holding, speaks at the World Economic Forum's annual meeting in Davos on Jan. 23.    © Reuters

DAVOS, Switzerland -- Artificial intelligence is a major topic of interest at this year's annual meeting of the World Economic Forum. As the core of the latest industrial revolution forming the new phase of globalization, AI is being hotly debated. Leaders of IT companies from Asia and around the world voice their hopes and concerns about the new technology. 

During a dialogue session with Klaus Schwab, founder and executive chairman of the World Economic Forum, Alibaba Group Holding CEO Daniel Zhang Yong said, "We do believe that with the new technology, we can create a better experience for our customers but also improve the operating efficiencies of the merchants." 

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