Alibaba: Internet 'More Important Than Oil'

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Published October 23, 2017 2:11 AM PDT

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Alibaba Group CEO Jack Ma and Russian Prime Minister Dmitri Medvedev participated in a plenary session on digital economy at the 2017 Moscow International Forum 'Open Innovations', in the Russian capital, Tuesday. According to Ma, "in the next 30 years, [the] internet is going to be as important as electricity. [The] internet is more important than oil. So I think [the] internet, the digital technology, which you call the data technology, is going to be the solution to [solve] the problem of inclusiveness."

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