Kai-Fu Lee Questions Soaring AI Valuations
Channel: Bloomberg Television
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Read a transcript preview of “Kai-Fu Lee Questions Soaring AI Valuations” from Bloomberg Television, uploaded on 2026-11-11.
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Language: English (original, creator captions)
[0:00] Kai-Fu Lee has been president of Google China. Held senior roles at Microsoft and
[0:04] Apple, and is now chief executive of Innovation Ventures.
[0:07] And at one point I will. The AI pioneer is also a bestselling
[0:11] author, and his new book, AI native, looks at how business leaders should
[0:15] navigate the tech transformation. While I'm delighted that Kai-Fu Lee is
[0:19] joining us now. Thank you so much for joining us.
[0:22] It's a great book. It's a great read.
[0:24] It's short. I urge everyone who is a business leader
[0:26] to actually go and read it, but thank you.
[0:28] Are we approaching an era where a company needs to literally fundamentally
[0:32] reinvent its business instead of adapt to AI or technology?
[0:36] Yes, yes. The time has come if people will think
[0:39] back when the internet first arrived, and then most people just glue internet
[0:43] to the company in the user browser, put up a website, and then if that's all
[0:48] they did, they're dead now. Now AI revolution is ten times bigger
[0:52] and ten times faster than the internet revolution.
[0:55] And now I see most CEO are just glowing. I do an agent here do customer service.
[1:00] And those are window dressing. They are not meaningful at
[1:04] transformation. So what distinguishes these companies
[1:06] then I guess our I native. And honestly it's very difficult because
[1:10] if you're a large corporation. Yeah.
[1:12] How do you do it. I mean do you really start from from the
[1:14] bottom. Over the top.
[1:15] Okay. So two questions.
[1:16] So who are the AI native companies? I will tell you now only the AI
[1:21] companies are AI native because we under