In this class, I talk about Ant Financial / Alipay, AI factories and the basics of payment platforms.You can listen here or at my website for this podcast.The graphic discussed is shown here. The previous articles I cite are:From Big, Dumb Bureaucracies to Zero-Human Operations: The Holy Grail of the Digital Age (pt 1 of 2)How Ant Financial / Alipay is Building an AI Factory in Financial Services (pt 2 of 2)This is part of Learning Goals: Level 4-5, with a focus on:#19 The Basics of Ant Financial and Payment PlatformsConcepts for this class:Advantages of ScaleEconomies of Scale and ScopeLearning AdvantagesDisadvantages of Scale: Bureaucracy, Specialization, Scope, Scale, Complexity, ConnectivityPayment PlatformsAI Factories / Zero-Human OperationsCompanies for this class:Ant FinancialAlibaba———-I write and speak about digital China and Asia’s latest tech trends.I also run Jeff’s Asia Tech Class, a podcast and subscription newsletter on the strategies of China / Asia tech companies.This content (articles, podcasts, website info) is not investment advice. The information and opinions from me and any guests may be incorrect. The numbers and information may be wrong. The views expressed may no longer be relevant or accurate. Investing is risky. Do your own research. www.jefftowson.comSupport the show

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