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The CEO of SoftBank Group, Masayoshi Son, said that AI should be a mandatory subject to enter college. (Image via Money Inc)
AI should be a mandatory subject to enter college: Masayoshi Son
On Tuesday, the CEO of SoftBank Group, Masayoshi Son, said that artificial intelligence should be a mandatory subject for college entrance exams.The CEO of one of the largest tech conglomerates in Japan, known for his gambling behavior of investing in smaller companies, said that Japan needs to close the gap in the AI field with its allies such as the United States (U.S) and China.
While the U.S and China rank first and second in AI usage, Japan sits in ninth place. The United Kingdom (U.K) sits in third place.
During a Moonshot conference, a government conference to encourage innovation, Son said that the Japanese students need an “encouragement” to study because if they are not told, they won’t study it. Therefore, the CEO said that once AI has become a mandatory subject, students will have no choice but to study it. Hence, Japan will catch up eventually.
Son then tabulated that in terms of gross domestic product (GDP) and AI-related patents, Japan is left behind. He promised that once Japan focuses on AI, it will overtake even the U.S and China.
Moreover, the SoftBank investor and CEO pointed out two other fields besides AI that require special attention: autonomous driving and DNA-centered medicine, judging from the rapidly aging society of Japan, healthcare costs, and frequent traffic accidents involving the elderly.
With SoftBank Vision Fund, amounting to US$100 billion, SoftBank is now pursuing the other two fields. So far, SoftBank had invested in ride-hailing service Uber Technologies and medical firm Guardian Health.
In November, Son said that SoftBank is in a dire strait due to the debacle with WeWork, which saw its valuation free-fell from US$47 billion to less than US$8 billion. Thus, for the second Vision Fund investments, the amount might be 30 percent smaller than the planned US$100 billion, following scrutiny on the portfolios of the prospective companies.
Source: https://bit.ly/2rOfP53
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