Jack Ma warns about dangers of artificial intelligence

"Artificial intelligence may take a lot of jobs away. If we don't give simple and easy technology products for small businesses, most of them can't survive in 10 years. If small businesses can't survive, we can't survive," said Ma, speaking in Detroit at the Gateway 17 conference for entrepreneurs. "It's going to be painful. Some people who catch the wave will be rich, will be more successful. For some people, it will be more painful. The government, you know, the world is going to be data. The people will now have more data than the bosses," he said in an interview with CNBC.