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HomeEconomyDeepSeek and Alibaba rescue China’s office landlords

DeepSeek and Alibaba rescue China’s office landlords

A COURT IN Hangzhou, AI capital of China, ruled in late April that companies cannot fire their staff and replace them with artificial intelligence. This may come as a relief to plenty of people in a metropolis that is home to Alibaba, one of Chinese tech’s mightiest titans, with a total payroll of 128,000 employees. It is also good for Hangzhou’s commercial landlords, who have little use for AI agents and are desperate for human desk jockeys.


Source:

www.economist.com

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