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Chinese Internet

Lot of interesting insights in this report on the state of the Internet in China. The idea of the super app as the means to a walled garden is not too different from what Facebook, Google and Amazon are trying to accomplish in their own ways

 Global technology companies are now replicating successful concepts from their Chinese counterparts, from the super app to social+ ecommerce to short video. China has pioneered the super app, a one-stop shop for services from shopping to ride hailing to money transfers to flight bookings.

 Love this particular application of AI

 Driving to work: AI-enabled cameras, installed near traffic lights, can adjust traffic lights in accordance with queuing vehicles and weather conditions. Certain road sections in Shenzhen have seen traffic flow improve by 8%, with the average vehicle speed surging by 15%.

And here is social credit at work as relates to the founder of Ofo - a billion dollar unicorn now close to bankruptcy

 High-profile founder and CEO Dai Wei has been placed on a blacklist of credit defaulters, meaning he’s banned from playing golf, flying business class and staying in luxury hotels.

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