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George Soros in Davos: China Critique, Cz Jinpin, IT Monopolies



DAVIS, Switzerland – George Soros has traditionally made a big speech at the annual World Economic Forum.

And on the basis of how the past two years have passed, he does not deal with friends – especially in the Chinese government.

The 2019 version, presented on Thursday evening, showed that Soros completely unloaded the new nation. After the brief greetings of the attendees, the billionaire investor and chairman of Soros Fund Management started directly in his prepared game.

"I want to use my time tonight to warn the world of an unprecedented danger that threatens the very survival of open societies," he said. He continued, "I want to draw attention to the mortal danger faced by open societies, the control tools that machine training and artificial intelligence can place in the hands of repressive regimes, and I will focus on China, where Xi Jinping wants a one-party So the Soros was off.

Reading : Legendary billionaire Ray Dalio told a crowd in Davos that the next economic collapse frightened him more than anything ̵

1; that's what he said and why he was so worried

At the heart of the anti-China argument is the concept of a centralized database of personal information called the "Social Credit System."

While Soros admits that such a setting does not yet exist, he said fears that the opportunities provided by the world's greatest technologies will accelerate its arrival-and in that process it will destroy the rest of the open society.

The speech was similar in tone to Soros's 2018, in which he complained about the global domination of titans such as Facebook and Google. He called them a "threat" and warned that their ruthless thirst for growth could eventually make them co-operate with authoritarian regimes like China.

Soros's latest comments pushed this discussion and explored the consequences of the global environment in which China's retreat from an open society has fully succeeded.

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" My key point is that the combination of repressive regimes with IT monopolies gives these regimes an inherent advantage over open societies, "Soros said," Control tools are useful tools in the hands of authoritarian regimes, but they are a death threat. " "China is not the only authoritarian leader but it is without doubt the richest, strongest and most advanced in machine learning and artificial intelligence. This makes Xi Jinping the most dangerous opponent of those who believe in an open society concept. "

When President Donald Trump took the current Chinese commercial crusade, Soros was pleased that China had to face a challenge before it was too late, and Trump has made a move in the right direction

However, according to Soros, the President's track record is disappointing, and he noted that Trump's political desires made him more compromising while he had to take a firmer position. 19659002] what can the United States do to make a hard line, and make Yu realize this ominous plan of a closed society? "Soros outlined two ideas.

First, he said that the ongoing world trade war should only be directed to China While it seems to be quite purposeful at present, Soros claims that Trump must completely forget other nations

Secondly, Soros said the US work with ZTE and Huawei, the two state-sponsored Chinese companies that recently have been the subject of the theft of intellectual property, bca be cruel. He wants the US to deal with them.

But Soros's final vision involves some sort of global agreement that puts tension at rest. Allow him to explain: "It is possible to dream of something similar to the UN treaty that arose during the Second World War," Soros said. "This would be an appropriate end to the current US-China conflict cycle, which will restore international co-operation and allow open societies to thrive."

Now read:

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