Leadership in a Fragmenting World: Morris Chang of TSMC and Joe Tsai of Alibaba Group

NEW YORK, October 26, 2023 - Dr. Morris Chang, Founder of Taiwan Semiconductor Manufacturing Company and Joe Tsai, Co-Founder and Chairman of Alibaba Group, two visionary business leaders and innovators, reflect on leadership, education and innovation for the world under stress by geopolitical tensions, a fragmenting global economy, and rapid technological and societal changes. Ida Liu, Global Head of Citi Private Bank, moderates. (41 min., 39 sec.)
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[@ggttuuxx]

"I still believe 99% of the people around the World are peace-loving, and want to have prosperity for everybody, not just only for themselves." Well said, thank you! Let's protect the 99%, and not let that 1% dictate the type of World we will have.

[@mansaturn5627]

Dr Morris Chang is really hero of semiconductor industry and even human kind.

[@tsebregnis5422]

Dr. Chang said so clearly that he is American, considering his parents are China born Chinese, and it is Taiwanness government that gave him the chance and provided him with everything to shine and become a legend in Semi conductor industry. Thus I am disappointed for how he only identified himself as American without an iota of appreciation of his Chinese heritage and Taiwanese government then. There is a Chinese saying, 人不可忘本， meaning we shouldn’t forget our roots.

[@mtx1212]

Morris Chang, born in Ningbo, went with his parents to HongKong as a teen after the communist tookover of China in 1949... got educated in America in his 20s, then ultimately returned to Taiwan to start TSMC.

[@xingxingchen-jg6hc]

Thank you for both ❤🎉

[@olsonko3892]

What a great speech!

[@achou6594]

A ton of honesty and wisdom in this interview, two incredible entrepreneurs and speakers and Ida was simply amazing at leading this talk, very well done!

[@StandforAjdetray]

Much appreciated 🫶🫡

[@paulpaul7777]

A very inspiring interview, tq ❤❤

[@pawanchopra6679]

Great session .

[@user-vj4sn1hk3n]

The two good examples of great Chinese people must be aware of what I said here, if so, you got my full respect😊😊😊.

[@wes8888]

Brilliant businessmen.👍

[@user-ye7fv2qu1l]

台灣是你，未來，動力。

[@laraw840]

Two decades ago, the Taiwanese government's education reform ditched the old vocational education model and moved to the academic university model, producing hundreds and thousands of underqualified graduates who didn't know how to do their jobs properly upon graduation. This competitive edge that Mr. Morrison Chang was referring to has gradually faded out, posing a huge challenge for Taiwan's high-tech industry these days.

[@liebfraumilch3518]

2 decades ago, Taiwanese government reformed the outdated eduction system and more people can go to universities to enjoy the equal opportunities in higher education. Through this way, Taiwan produced hundreds of thousands qualified graduates and well educated people. This is why Taiwan is very competitive in high-tech industry in the world these days.

[@MissAwa515]

I think the biggest challenge for Taiwan's high tech industry is the US is trying to take the TSMC root out of Taiwan to the US. The factory, the engineers, and the IPs. It's happening fast. Intel's factory is right next door in Arizona, with a much higher pay and better living conditions. Guess what will happen in the next 3 years after TSMC trained the locals? It's never a good deal forced to move your factory and core people to another country.

[@themiddlekingdom9121]

@@MissAwa515 NOT A GOOD IDEA AT ALL, I AM TOTALLY AGREED. Do you believe that Taiwan looks to hire as many as 100000 Indian workers to work in the factories and other services ? This is also very bad idea, there are many local people need those jobs, why don't the Taiwanese companies hire the Mainland Chinese if they couldn't find the local Taiwanese to work.

[@FlyDragon911]

shut up

[@attic1project776]

Where was this interview taken place?

[@yuechangfr]

❤❤❤❤❤

[@faiwong9932]

good

[@yuanshuan7099]

Basically Taiwanese engineers listen to the orders of their supervisors without questioning.❤

[@elsieyeh1196]

Yep two cowards

[@hugocheng6243]

Two Chinese American 😂

[@ggttuuxx]

That is a mean and shallow comment. If that were the case, TSMC would not be where it is today.

[@jennychuang808]

@@ggttuuxx Well said

[@5Othniel7_Selah]

Sound like soldiers. Last I checked they are not.

[@babasian]

Michael Chang, Tennis player.

[@josephguo6256]

over is over, time and tide wait for no man.

[@2triangles]

??

[@chiweiwsu]

Joe seems to talk more on China not Taiwan !!!

[@user-ik1uf4fw1i]

希望有人翻譯這段訪談

[@moti8081]

影片有翻譯唷，字幕要選中文簡體

[@user-ik1uf4fw1i]

@@moti8081 感謝

[@alexandermadison5743]

the moderator should not ask any questions about China to Joe Tsai on which he is definitely comprised.

[@One00042]

26:32

[@user-jp2td4kk5j]

二位都是台灣之光

[@raymondcyq]

他俩100%中国人，和弯弯毛关系没有！

[@hugocheng6243]

@@raymondcyq 他們兩個是美國人跟加拿大人，跟中共國沒半毛錢關係😂

[@MissAwa515]

张仲某刚在最后说他是美国人，美国才是他的国。台湾还叫台积电护国神山…人家的确是护国神山，只不过护的是美国，看看现在厂都一锅端去亚利桑那了。

[@tsebregnis5422]

He said so clearly he is American, considering his parents are China born Chinese, and it is Taiwanness government that gave him the chance to shine and become a legend in Semi conductor industry. Thus I am disappointed for how he identified himself without appreciating where he in fact came from, Chinese blood.

[@Joy-ic4bp]

他是台灣人也是美國人，他父母在中國出生那時的中國也是指中華民國

[@marktrinidad7650]

When I hear an Asian speak, I can sense optimisim and vigor. Totally different viewpoint compared to the bleak and dreadful foresight of Asia by so called western Chinese experts.

[@ggttuuxx]

The Eastern "Chinese experts" are there as hired guns to smear China. They have no brain nor integrity.

[@user-ug4nz7fn8s]

To be clear,both of them are Taiwanese not Chinese

[@MissAwa515]

Do you know what country's name is written in Taiwan's constitution? It's "The Republic of China". Study history, other than repeating the meaningless propaganda.

[@user-ug4nz7fn8s]

@@MissAwa515 internationally speaking we say people from “people’s republic of china “are”Chinese. While people from “republic of china “Taiwanese. And this is just common sense you can hear this kind of word from Biden or trump bro 👌🏿

[@MissAwa515]

@@user-ug4nz7fn8s So you think people from “China” are not “Chinese”?? LOL and you refer words from those two? Two liars and even one liar has Alzheimer’s.

[@Ylong69]

The core seeds of 🇨🇳 you guys.

[@robertprawendowski2850]

⭐

[@duncankowable]

actual Asians on the panel of Asia Society discussion. Not often do you see this.

[@user-oi7su8fg1l]

Aliibaba store quality is getting lower & lower ! High percentage goods got returned , no control at all !

[@Alice-hh5kd]

Depends on what budget you have. You want high end product with right price they will produce high end product for customers.

[@erichu8081]

Morris is a business man. In his mind, only business, no moral standards.

[@tsebregnis5422]

Dr. Chang said so clearly that he is American, considering his parents are China born Chinese, and it is Taiwanness government that gave him the chance and provided him with everything to shine and become a legend in Semi conductor industry. Thus I am disappointed for how he only identified himself as American without an iota of appreciation of his Chinese heritage and Taiwanese government then. There is a Chinese saying, 人不可忘本， meaning we shouldn’t forget our roots.

[@user-hi1ke5gp6n]

вот именно Бенедикт воспитывал и я решил сделать по другому с уважением Бомжу относишься

[@soha7271]

US stops vocational school a long time ago, Joe what are you smoking with Jack

[@soha7271]

Dr Chang accent is more like Hkers than American

[@dreamsky66666]

女主持人洋文很厉害👍🏻口音也正

[@user-py2je3mq3c]

How could you possibly forget about Yao Ming, as one of the NBA owners!😂

[@user-rt6ip4kb1i]

he doesn’t own any NBA team.

[@raey3838]

I think he meant Asian American. In that case, only Jeremy Lin is well-known. Yao Ming is Chinese

[@yipingrao2766]

Which nba team Yao own ? He own a Chinese basketball team before but not nba team

[@StanWu]

事實上台灣經過教育改革之後，很不幸的技職專科學校已經式微

[@kathryn1402]

Joe Tsai is a very interesting person to listen to. Hope his views are shared, too. But I dont agree with him saying that US is still the best place! Until and unless US changes her current political thinking, resulting in the instability of the world as a whole - US should have professional politicians not the current wishy-washy bunch of people who don't know the history of the world or the importance of sharing technology for the sake of humanity!

[@WSJWatch]

Share with communists?😅

[@user-eu8gq7ku1e]

US is on the right track not anymore to share with CCP, which is the major trouble maker globally

[@laraw840]

I agree, and I feel Mr. Chang was saying that to remind the US that it should lead, instead of creating chaos. Only when US politicians start thinking long term and leading will they have a chance to remain a shining example for the world.

[@serriajohn]

The fundamental fact is that China has made techno breakthrough on producing high end chips on their own. semiconductors will be self reliance by each nation, such as, US , Europe and Japan etc..Ref to AI advanced semiconductors, currently, only US and China are on this competition track, 5 or 10 years later, there might be 2 different AI systems and chip standard in the world. Taiwan, South Korea and ASML will be less important 5 to 10 years later.

[@sergeantjoe6802]

Keep delluding yourself if that is even your name, serriajohn. They tried subsidizing and recruited talents eithin TSMV and still failed on that front.

[@serriajohn]

@@sergeantjoe6802 could you explain Kirin 9000s and the upcoming 9100s which is considered as 3 NM ?

[@serriajohn]

@@sergeantjoe6802 Chinese techno breakthrough is EUV device created by Chinese photolithographic press, a different techno route approach for high end chip manufacturing. ASML is no longer able to hold back Chinese advancement in semiconductor industry.

[@julianho5674]

Keep dreaming dear

[@raiderv8261]

​@@serriajohn Are you a Chinese wumao?

[@ianmann28]

Morris Tsang is an icon, but not Joe Tsai.

[@florencebaendes2853]

Is Chang you dum bass

[@user-hi1ke5gp6n]

они мне нечего не предлагают кроме проблем а взамен обижаются что с южной Корей делаемую и с Японией

[@yrw6667]

I can feel that the hostress is not respectful towards Chang. Hehe

[@sunnyzhang45]

US is the hope of the world......... let's wait and see

[@WWLooi-js8rl]

According to a famous Singaporean diplomat, the past is Europe, the present is in the U.S., but if you want to see the future, be in China/Asia. My bet is same as his.

[@WWLooi-js8rl]

Btw, let me add that a famous Buddhist master from Taiwan has said many times, since 15 years ago, that there wouldn't be peace in this world if the U.S. does not "wake up" (覺醒 in her words), and I agreed with her. With the veto by the U.S. at the recent UN peace initiative, it deepens my doubt that the U.S. is the hope of the world. I think many people in non West view the U.S. as the destabilizing force and root of many conflicts around the world.

[@JosephTin]

With the USA dominating the World's stage, there is no hope for the World.

[@lakers-1]

For China/Asia to be the future, they have to be open to the world. Likewise for US.

[@WWLooi-js8rl]

@@lakers-1 In fact, Asian countries are opening wider and wider, especially with trades, but the U.S. is isolating itself and becoming a protectionist.

[@btroy3768]

Why don’t the DPP declared the Taiwan independence? I thought they have the battle from the US. Shouldn’t afraid, to face Chinese communist party.

[@ggttuuxx]

Stupid comment. The DPP Selfish, Corrupt Politicians are there to benefit themselves. They won't act according to any ideaology; the only drive is their own benefits. When you realize that, you can explain all their incoherent actions.

[@marklee8512]

Morris Chang: US is the hope of the world? Sadly, in view of his age, don't think he has the opportunity to see for himself a big slap on his own face when the big bully collapse from within itself.

[@laraw840]

No, he was trying to be tactful given this event took place in New York. I feel Mr. Chang was saying that to remind the US that it should lead, instead of creating chaos. Only when US politicians start thinking long-term (unlikely because of its political system set up) and leading will they have a chance to remain a shining example for the world.

[@marklee8512]

@@laraw840 Then the US political leaders should learn from Joe Tsai about the three important traits of a successful leader.

[@passingbysang3381]

Two very successful businessmen indeed. But they are still in the mindset of being a good servant to the US. China is beginning to break out that thought mold. To people who cannot keep up with China: good luck!

[@jiamingchang4729]

😂are you living in Ching ?

[@user-eu8gq7ku1e]

All shame go to red China

[@user-hi1ke5gp6n]

злее русских мы не встречали и потом FACE OFF

[@yuanshuan7099]

There is not peaceful solution, only hot conflict 😂

[@marklee8512]

Joe Tsai talked about three important traits in order to be a successful leader, namely intellectual, good EQ and humility. I think he's indirectly trying to toss this advice to those naive, emotional and arrogant US politicians 😂😂😂

[@ll-io4bd]

行了，不要anyway了，退吧！

[@user-hi1ke5gp6n]

TSMS off

[@tungchunyee2436]

3個中國人，用不良英語交談有关中国问题，很搅笑……

[@jennychuang808]

I guess you have no idea what they were talking about If they lived in China, they could NOT achieve what they have achieved

[@user-vo3zy6bj1z]

The Chinese government and the private sector should work towards impoverishing Taiwan, making it lose its capital and capabilities for independence, as well as its ability to form alliances with other countries. The top priority is to target Taiwan's semiconductor industry, as efforts against other industries would be in vain. Taiwan's vulnerability lies in its semiconductor industry. The Chinese government should prohibit any form of collaboration between Chinese companies and Taiwanese semiconductor companies. Furthermore, the Chinese public should form a consensus that any product containing chips produced or designed in Taiwan should be completely boycotted.

[@310580garcia]

Jealous

[@raiderv8261]

Chinese losers are so miserable!

[@user-eu8gq7ku1e]

this pinky is out of its mind.

[@ggttuuxx]

What a moronic comment. The Chinese Gov wishes Taiwan to be well. It only hates the Selfish, Corrupt Politicians who play with Taiwan's future to their own benefits.

[@user-ug6ct5cv1h]

ได้ฟังคำตอบของพวกเขาที่สามารถนำเสนอให้คนอื่นได้รับฟังด้วยกันก็ถือว่าเป็นการเปิดใจที่เปิดกว้างเช่นกันเพราะทิศทางและที่มาของความสำเร็จของพวกเขาทั้งสิ้นหากแต่เป็นเพียงเส้นทางที่สื่อให้คนได้รับรู้รับฟังด้วยกันจะได้คิดเห็นว่าคนที่เป็นระดับผู้นำระดับมีชื่อเสียงทั่วโลกรับฟังความในใจและความเป็นเป็นมาและเป็นไปของพวกเขานี่แหละคือการนำเสนอให้เห็นกันได้เรียนรู้กันให้ได้บทสรุปด้วยกันเพราะโลกนี้ไม่ว่าใครจะรวยหรือจนจะมีความสำเร็จในชีวิตและผลงานระดับโลกแค่ไหนใครๆก็ได้เห็นกันว่าใครเป็นใครเป็นอย่างไรต้องการอะไรสุดท้ายแล้วผู้เจริญรุ่งเรืองแล้วก็เป็นห่วงความปลอดภัยความที่ต้องอยู่กันให้ได้อย่างได้☮️ด้วยกันทั้งสิ้น ยิ่งเป็นคนที่มีพลังสร้างสรรค์สร้างผลงานพวกเขาก็ยิ่งมีความเป็นห่วงบ้านเกิดที่เรียกว่าโลกนี่เหมือนๆกัน อย่ามองข้ามความเจริญที่ได้สรรค์สร้างสั่งสมกันไว้เป็นอย่างดีนะคะข่วยกันสานต่อความเจริญรุ่งเรืองด้วยกันเพราะสร้างให้ทุกคนได้รับรู้นี่แหละจะลดการทำอะไรที่ผิดๆต่อโลกโดยรวมขอให้ทุกคนรับรู้ให้ไวเรื่องที่พอจะทำให้ทั่วโลกได้ความสุขสดใสด้วยกันทั่วโลกเลยเชื่อว่าทุกคนมีความรู้ความเข้าใจก็จะไม่คิดทำอะไรที่ส่งผลเสียต่อโลกโดยรวมขอให้นำไปเรียนรู้และรับฟังความในใจของผู้ที่มีความเจริญรุ่งเรืองที่มีผลงานที่เป็นผลสำเร็จงดงามแล้วเป็นตัวอย่างที่ดีแล้ว เรื่องโรงเรียนและสถานที่เรียนที่ศึกษาสร้างให้คนให้มีความรู้และได้สร้างผลงานสร้างชีวิตให้ดีขึ้นทั้งนั้นคนที่ใส่ใจความเป็น❤️สำคัญของคนที่ทำผลงานที่ดีที่ได้ผลกำไรมากมายจนนับไม่ถ้วน คนพวกนี้นี่แหละเขายิ่งจะกาทางช่วยทำให้โลกได้ความมีสันติภาพและ☮️จากใจจริงของพวกเขาเช่นกัน นี่แหละเป็นสัจจะที่เป็นสากลที่สุดเป็นคำสัจปฏิญาณที่มาจากใจของพวกเขาเรากรือใครเพื่อบ้านเกิดหรือโลกของทุกชีวิตแล้วต้องเห็นด้วยกับ☮️ด้วยกัน😊🎉❤

[@john2000young]

Who is Joe Tsai?

[@andytoh-toh6488]

Co founder of alibaba. He gave up a high paying private equity job to join jack ma for a low pay of us 500 per month.

[@ggttuuxx]

Answer: Ever heard of Wikipedia? You are LAZY

[@hotiff800]

Google 蔡崇信

[@tsebregnis5422]

Dr. Chang said so clearly that he is American, considering his parents are China born Chinese, and it is Taiwanness government that gave him the chance and provided him with everything to shine and become a legend in Semi conductor industry. Thus I am disappointed for how he only identified himself as American without an iota of appreciation of his Chinese heritage and Taiwanese government then. There is a Chinese saying, 人不可忘本， meaning we shouldn’t forget our roots.

[@cone6052]

Alibaba just a follower

[@tsebregnis5422]

De. Chang said so clearly he is American, considering his parents are China born Chinese, and it is Taiwanness government that gave him the chance to shine and become a legend in Semi conductor industry. Thus I am disappointed for how he identified himself without appreciating where he in fact came from, Chinese blood.