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Innovation and 
IP Monetization in China

Writing about the latest news on innovation, technology, and IP monetization in China. ​Read our book to gain your own insights into China's innovation regime.

Technology Always Stems from Humanity – A Tribute to MIT Sloan Fellow AJ Huang

9/26/2024

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By Jili Chung, Author of FinTech: Legal and Business Risk Analysis

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The waves of technological advancement never cease, and today’s trend is steering towards AI. In this latest surge, AI—along with its synergistic technologies like big data, 5G IoT, and blockchain—is rapidly finding its place in various business scenarios. Among these, the combination of technology and finance, known as FinTech, stands out due to its disruptive nature and vast potential for new business opportunities.

However, as AI becomes more deeply embedded in commercial applications, it also risks intensifying self-interest and silo views. This could cause companies, organizations, and even entire industries that urgently need bold reforms to fall into a “prisoner's dilemma,” leading to hesitation, missed opportunities, and possibly unprecedented risks.

This book offers solutions to these challenges. Based on my first-hand observations as a Compliance Director in an international investment bank and General Counsel for a publicly listed technology company, I engaged in discussions with MIT Sloan Fellow cohorts—senior managers from over 20 countries—to validate these observations, which I then distilled into key insights.
 
The book is written in a straightforward, concise style, with much of the content conveyed through stories. While AI introduces many business and legal risks, at their core, these risks stem from a few simple principles. Whether you’re a legal or financial professional, a technical expert, a project manager driving digital transformation or cross-disciplinary integration, or a business leader with just an hour to spare to grasp new technological trends, these stories will provide you with a clear picture of how AI connects to your work, along with valuable insights on AI risk management.
 
I would also like to extend my sincere gratitude to fellow MIT Sloan Fellow AJ Huang, who is a Founding Partner of Boston TotalTech, as well as to the Cornerstone Intellectual Property Foundation for their generous support. Boston TotalTech, a US-based consulting firm in Massachusetts founded by AJ and Michael D. Barg, collaborates with a team of MIT alumni and industry experts, each with over 15 years of industrial experience. It provides consulting services for industrial technology commercialization and patent strategy planning, successfully bridging the US and Asian markets.
Despite these accomplishments, AJ remains dedicated to giving back to the community and passionately supports STEM education initiatives. Through Cornerstone, Boston TotalTech sponsored the publication of this book for distribution to industry professionals and library collections to foster industry competitiveness in this era of the global AI revolution.

Gain more insights by visiting our blog at  ICTiger2020.com or follow us on Facebook @ICTiger2020 for more related news updates.  Feel free to contact the author at [email protected].

Click the link to purchase the book. https://amzn.to/4dkDcUb
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  • Home
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    • Seminar “Personal Data Regulation and Business Implications in the PRC”
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