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Duan Yongping Tests Alibaba Again

Investor Duan Yongping bought back 301,400 Alibaba shares worth about $28.93 million, representing only 0.15% of his portfolio. The small position suggests renewed observation rather than strong conviction, especially as Alibaba explores AI cooperation with Apple while PDD Holdings receives a much larger allocation.

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Why AI Companies Are Destroying Books

The article reports that Anthropic and Amazon have reportedly purchased large volumes of physical books, scanned them, and destroyed the originals to reduce copyright risk in AI training. It argues that this strategy is tied to differences in US and Chinese copyright law, while also raising concerns about the irreversible loss of cultural artifacts.

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China’s AI Bottleneck May Be Social Security

Oxford researcher Carl Benedikt Frey argues that China’s biggest obstacle to large-scale AI deployment may be inadequate social protection for workers displaced by automation, not computing power or algorithms. The analysis compares China with historical British welfare systems and Denmark’s flexicurity model, while noting that the cited Chinese incidents do not prove a broad AI crackdown.

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