The pandemic was brought under control in China with the lockdown and next the aggressive contact tracing that was based on technology which used AI and big data reportedly.In Canada there were lockdowns but no contact tracing, and the pandemic is going to enter its third wave.
With the technology used in China, they saw potential clusters or hotshots for the coronavirus in real time. Then the Chinese health authorities would step in with preventative measures. In Canada, the health authorities waited until there was a big cluster before they knew. By then it was too late for many. The Canadian government did not have the same technological tools for the pandemic.
We probably will see this process repeated for business, in China and the rest of the world.
The big data which is always joined with AI, that will be instantaneously analyzed by managerial staff in real time because of the new 5G low latency network. Everything will happen faster, it should be more efficient, and decisions should be better informed. This should be the new way of doing business, faster and should be smarter. The new payment system must met the speed of the new model too. Nothing faster that this electronic payment, and the CCP has the DCEP almost ready.
All this will make the China Inc. more efficient and competitive.
The big data with AI, all running through the 5G network, with companies using the DECP, all these new systems complement each other. They mutually together will maximize their potential.
Meanwhile in America, who knows what they are doing?
