Why your doctor can’t keep up

Ginni Rometty at Davos 2017. 31 seconds from a 27-minute talk, starting and ending on a full sentence.

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44 minutes in,
46 seconds out

Jack Ma’s Davos talk: 44 minutes, 7,159 words.
One story in it stands on its own.
I cut where his sentence starts and where it lands.
Everything else goes.
What’s left is the clip.

00:00Welcome, Jack Ma.
00:02Thank you.
00:03Thank you.
00:04Thank you.
00:08We, um, we, um, we’ve all become very cognizant of Jack and his story, and when Alibaba went public with the largest IP- PO in history, uh, we knew a lot more about him.
00:19So I wanna talk about his personal story.
00:23I wanna talk about how many times he tried and failed, and what kept him going.
00:27I wanna talk about where he is today and how he got here, and where he is going and how he expects to get there.
00:35And if he gets there, what will it all mean for him and for the people, uh, that he wants to inspire?
00:42So I begin with this question, though, Jack.
00:45Why are you back at Davos?
00:48Ooh.
00:49It’s a, it’s a long break for seven years.
00:52I think, um, my last er- ti- trip here was year 2008.
00:58But, um, I was coming for year 2001 for the Young Global Leader for Tomorrow, and I think, remember, I never heard about the Davos when I came.
01:09But when I came, I, uh, I, I…
01:12and the Switzerland, so many young people demonstrate.
01:16Was such a horrible scene that I was…
01:18And, and I ask them, w- why do they do it?
01:21They say, ”Anti-globalization.”
01:25And I say, ”Why?
01:25Globalization’s a great thing.
01:27Why people an- you know, don’t like it?”
01:30And then we come all the way for two hours here.
01:32There’s a machine gun.
01:34There’s a people checking us.
01:35Say, ”Oh, God.”
01:35”Is that, is that a forum or is a prison we’re gonna go inside?”
01:43But when I joined the forum, uh, at the Young Global Leader, I was thrilled by, uh, so many ideas.
01:52And for the first, uh, three, four years, I learned what, what does, what does the globalization mean?
01:58What does the corporate citizenship mean?
02:00What about social responsibility mean?
02:02Uh, all these new ideas.
02:04And I see so many great leaders talking about leadership, and I benefit a lot.
02:12And the year 2008 and nine when the financial crisis came, I think it’s better go back to work, ’cause we can never win the world by talking.
02:24So go back, spend seven years.
02:27Now I come back, I think it’s time to do something return, ’cause I learned so much-
02:32Let’s talk about that…
02:3312 years ago.
02:34So why I should not talking to the young global leader of today, sharing with them how we gone through?
02:40Okay.
02:40So that was the thing.
02:41Let’s start with where you are today.
02:43Just how big is Alibaba?
02:46How many people come every day?
02:49How many people come in a week?
02:51Uh, how fast is it growing?
02:53Yeah, we have, uh, over 100 million buyers visiting our site, shopping our site, um, every day.
03:03And we created a-
03:04100 million every day…
03:06million, yeah.
03:06We created, um, uh, 14 million jobs for China directly and indirectly.
03:14And, um, we grow from 18 people to 30,000 people.
03:2018 people in my apartment to now we have a four big campus.
03:24Compared to 15 years ago, we were big.
03:28But compared to 15 years later, we’re still a baby.
03:34How big will you be 15 years from now?
03:37I think 15 years ago, I told my team that, um, 15 years…
03:44In the past, uh, 15 years, we grow from nothing to this size.
03:49And 15 years later, I wanted people see know about Alibaba, know Taobao, because it’s already everywhere.
03:57I want, 15 years ago, when we talk about what is e-commerce, why small business can using this e-commerce, those internet can do business across the nation.
04:09And I hope 15 years later, people forget about e-commerce because they think it’s like electricity.
04:14Nobody think it’s a high tech today.
04:17Now, this is something that I don’t want, 15 years later, we still walk on the street talking about why and how e-commerce can help people.
04:27Talk about the IPO.
04:28Were you…
04:28Did, did it exceed your expectations?
04:32Well, it’s a pretty small IPO, 250-
04:36Yes…
04:36yeah, two, two-
04:37The largest IPO in the history-…
04:39of Wall Street.
04:40Of the world.
04:40We raised, we, uh, we raised-
04:42And number two was a Chinese bank.
04:44Thank you.
04:45I, I, um, I remember year 2001, we went to, uh, raise some, uh, five million, three million venture capitalist dollars in the USA, and got rejected.
04:57And I say we come back raising some, a little bit more.
05:02But I, uh, I think it, you know, what we think more about is for two, $25 billion, how we can spend the money efficiently, because this is not the money.
05:16This is the trust from the world, the trust from those people.
05:20They want you to do better jobs to help more people.
05:23They wanna have a good return.
05:25So I think, um, giving me more pressure because, um, when our, our market cap is bigger than IBM.
05:36Yes.
05:36Or certain day, we’re bigger than Walmart.
05:38We’re one of the top 10, 15 largest, uh, market cap company in the world.
05:46I told my team and myself, ”Is that true?
05:50We’re not that good.”
05:51Yeah.
05:52’Cause years ago, people say, ”Ugh, Alibaba model is terrible.
05:57Does not make money, have this and that,” all the big, bad things because Amazon is better, eBay is better, Google is better, and there’s no such model like Alibaba in the USA.
06:09So I told myself and people we were better than people thought.
06:13But today when we are that big size, I said, ”No, we are not that good as people thought.
06:20We are just a company 15 years old.”
06:23Average age is 27, 28 years old, young people.
06:28We’re doing something that human being have never tried.
06:31So-
06:32I want, I wanna talk about the future.
06:33Let me take you back, uh, to when you were born in Hangzhou, uh, where the headquarters still are.
06:39Yeah.
06:40Uh, and your campus is there.
06:41You don’t have a loo- don’t, don’t move your loot.
06:44Your headquarters there-
06:45Your loot’s there…
06:45yeah.
06:45You founded there, loot there.
06:47You grew up in the ’60s.
06:48’64.
06:50That wa- Born in ’64.
06:54Uh, that was the time of the Cultural Revolution.
06:55Yeah.
06:56It was the end of the Cultural Revolution.
06:58It was, uh…
07:01Well, my grandfather was, uh, a tiny landlord, was considered, after liberation, was considered to be a bad guy.
07:09So, um, I was, um, I, I, I, I, I know how tough it was, uh, when I was a kid.
07:17You tried to get into three colleges.
07:20Mm-hmm.
07:21Each time they rejected you.
07:23No, I, I tried, there’s a examination that young people, if you wanna go university, you have to taste, take the examinations.
07:30So I failed it three times.
07:32Failed.
07:32But a lot of fail.
07:33I failed for funny things that I failed a key primary school test for two times, and I failed, uh, um, like, uh, two, three times for the middle school, g- middle schools.
07:46And, uh, you, you will never believe in Ch- in Hangzhou, my city, there’s only one middle school that last only one year.
07:57It was changed from primary school, middle school because our graduates of our, our, our school, no univer- u- no middle school accept us because we were too bad.
08:08Yeah.
08:08They would become a middle school.

08:12~~What effect did it have though, uh, being rejected?~~

starts 08:17.7Well, I think we have to get used to it. We’re not that good. Even today, we still have a lot of people reject us. I think, um, when I, uh, in the, be- graduate from universities and before I, you know, for three years I tried fail into universities. So applied jobs for 30 times, got rejected. I went for a police, they said, ”No, you’re not good.” I went to even, even the, uh, KFC. When KFC come to China, come to my city- You applied… 20, 24 people went for the job. Yeah. 23 people accepted. I was the only one guy rejected. And we went for police. Five people, four of them accepted. I was the only guy that not rece- receive itends 09:03.6

09:03~~So to me, being turned down, rejected…~~

Rejected 30 times, even by KFC. 45.9 seconds, opening and closing on a full sentence.

Four sample cuts

Each one plays against its own script. Choose any word to play from there; grey words are said but left out of the captions.

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The next 30 years

Jack Ma at Davos 2017. 52 seconds from a 32-minute talk, from 31:19.3 to 32:11.2.

It starts after the “one last thing” and “my last advice” lead-in, and ends before “Jack Ma, thank you very, very much.”

~~… attention to in the next 30 years are critical for the world.~~ ~~Jack Ma, thank you very, very much.~~

The word she avoids

Ginni Rometty at Davos 2017. 44 seconds from a 27-minute talk, from 8:03.9 to 8:47.5.

It starts on “technologies to augment human intelligence” and ends before she goes back to “the doctors training on oncology”.

~~… come back to a policy letter I issued to our company yesterday.~~ ~~So we started-~~

Why your doctor can’t keep up

Ginni Rometty at Davos 2017. 31 seconds from a 27-minute talk, from 2:45.7 to 3:16.9.

It starts on “a doctor, 8,000 papers a day” and ends before “So that, to me, this intersects…”

~~… brain, us as humans, cognitively can’t deal with all of that, right?~~ ~~So that, to me, this intersects this idea of …~~

Rejected 30 times, even by KFC

Jack Ma at Davos 2015. 46 seconds from a 44-minute talk, from 8:17.7 to 9:03.6.

I left out the host’s question: the answer starts on its own first sentence and ends on “…the only guy that not receive it.”

~~What effect did it have though, uh, being rejected?~~ ~~So to me, being turned down, rejected…~~

The Davos stage, wide, 8 minutes and 44 seconds into Jack Ma’s talk

frame

The vertical frame follows whoever is speaking, even when the show cuts between cameras. Here it is on the Davos stage, 8 minutes and 44 seconds in.

caption

Captions land a word at a time, so the clip still works with the sound off. Even, the, KFC: three frames from about one second of the clip.

A 1984 photograph of a street in his city under the words my city

A wall of 24 résumés under the number 24

show

At the moment that matters, a real photograph or a graphic shows what is being said. In the newer edit of this story: a street in his city in 1984, then the 24 people who went for the job.

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44 minutes in, 46 seconds out

Four sample cuts

The next 30 years

The word she avoids

Why your doctor can’t keep up

Rejected 30 times, even by KFC

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