• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home People Billionaire Watch

This billionaire wants to reduce the number of hours people work

Emmanuel Abara Benson by Emmanuel Abara Benson
August 29, 2019
in Billionaire Watch, Business News, Company News, Diaspora
Jack Ma, This billionaire wants to reduce the number of hours people work
Share on FacebookShare on TwitterShare on Linkedin

Chinese billionaire and co-founder of Alibaba Group Holding Ltd, Jack Ma, believes it’s about time people begin to work fewer hours. His grand plan entails reforming the education system and making use of artificial intelligence. Will this ever work in a country like Nigeria?

What Ma Said: According to the billionaire, people in China are working too hard and it’s about time that gets changed. To this end, he is proposing a total of 12 hours per week which breaks down to very few hours of work per day. The robots will do the rest of the job.

Jack Ma stated this in Shanghai while discussing with Tesla Inc.‘s Elon Musk during a panel session at the World Artificial Intelligence Conference.

RelatedStories

TD Africa secures AI ISO Certifications 

TD Africa secures AI ISO Certifications 

August 20, 2025
Nigeria could become global leader in AI with right infrastructure – Microsoft Executive 

Nigeria could become global leader in AI with right infrastructure – Microsoft Executive 

August 5, 2025

LIVE: Billionaires Elon Musk and Jack Ma debate at World AI Conference in Shanghai https://t.co/WpobXra74U https://t.co/RcNiyyF1Pt

— Bloomberg (@business) August 29, 2019

“For the next 10, 20 years, every human being, country, government should focus on reforming the education system, making sure our kids can find a job, a job that only requires three days a week, four hours a day.”

Possible problems: While this could potentially become one of the best things to have happened in the history of working, there are some questions to be answered. Analysts at Nairametrics have wondered whether the plan would entail a reduction in pay for Chinese workers or not. If salaries would be cut down considering the fewer working hours, then what’s the point really? However, if workers are to be paid their normal salaries in exchange for working fewer hours, then how nice!

Also, could this proposal potentially result in people losing their jobs? Do not forget that there has been a long-standing debate over the threat posed by technology and artificial intelligence to workers. Therefore, could Ma’s proposal be aimed at facilitating the AL takeover? We may never know for sure.

Bringing this home: The important question now is this: can this ever work in Nigeria? As good as it sounds, the answer is no. Due to a number of factors that are out of place, Nigeria is not quite prepared for the future of work.

  • The country’s education system is in shambles.
  • Poor infrastructure (both IT and regular) is the order of the day.
  • The economy has not advanced to the point we can depend on artificial intelligence to do the work humans can easily do at less cost.
  • There are millions of Nigerians that are unemployed; let’s get them working first.

[READ: Massive job loss looms in the banking sector]


Follow us for Breaking News and Market Intelligence.
Tags: 12 Hour Work Per WeekAlibaba Groupartificial intelligenceJack MaTesla IncWorld Artificial Intelligence Conference
Emmanuel Abara Benson

Emmanuel Abara Benson

Emmanuel Abara Benson is an experienced business reporter and editor. He currently edits articles at Nairametrics. Reach him via email on Emmanuel.abara@nairametrics.com and follow him on Twitter @Mr_Abara for his personal opinions.

Related Posts

TD Africa secures AI ISO Certifications 
Companies

TD Africa secures AI ISO Certifications 

August 20, 2025
Nigeria could become global leader in AI with right infrastructure – Microsoft Executive 
Sectors

Nigeria could become global leader in AI with right infrastructure – Microsoft Executive 

August 5, 2025
Nigeria deploys AI, climate intelligence to monitor food production—Shettima 
Agriculture

Nigeria deploys AI, climate intelligence to monitor food production—Shettima 

July 28, 2025
Google BOLD internship program opens applications for 2025 
Sectors

Google unveils $37 million investment plan to boost AI Innovation across Africa 

July 24, 2025
UN to big tech: Power your AI with clean energy by 2030 or risk unsustainable future 
Sectors

UN to big tech: Power your AI with clean energy by 2030 or risk unsustainable future 

July 22, 2025
Beyond Hype: Building an AI-Ready business in Africa 
Companies

Beyond Hype: Building an AI-Ready business in Africa 

July 16, 2025
Next Post
FCMB Engages Entrepreneurs in Oyo State, Extends Free Business Finance Training

FCMB Engages Entrepreneurs in Oyo State, Extends Free Business Finance Training

Comments 1

  1. Alibaba Hooter says:
    August 29, 2019 at 12:03 pm

    Who cares..

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

otd
access bank
nairametrics
Emple
Palmpay
first bank








DUNS

Recent News

  • JustMarkets wins the “Best Global Broker 2025” Award at MEI 2025 
  • Naira stable in black market as U.S. Dollar weakens globally 
  • How to build your wealth with Mshel Homes  

Follow us on social media:

Recent News

JustMarkets wins the “Best Global Broker 2025” Award at MEI 2025 

JustMarkets wins the “Best Global Broker 2025” Award at MEI 2025 

September 1, 2025

Naira stable in black market as U.S. Dollar weakens globally 

September 1, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics