Winning the new financial era

Chapter 340 AI Applications
"Mr. Zhang, your point of view is relatively new, but it does make sense."

After thinking about it for a while, Lu Qi replied, then squinted at Yuan Zheng, and said, "Yuan Zheng and I just went abroad because we had the opportunity, it doesn't mean we are really better than domestic talents!"

Zhang Yida felt that Lu Qi had misunderstood his words, and quickly explained: "Dr. Lu, Mr. Yuan, please don't get me wrong, I didn't mean to belittle the Chinese in Silicon Valley.

What I mean is that in terms of the proportion of brain drain, India is much more serious than our country.

The Chinese in Silicon Valley are all excellent. Because of ideology and even discrimination, it is much more difficult for Chinese to obtain positions in Silicon Valley technology companies than for whites, even for blacks and Indians.

Only from the perspective of China's huge talent base, the proportion of Chinese in Silicon Valley is only a small part. "

Lu Qi nodded and sighed: "That's true! I went to university in the 80s. The college students in our era, especially the elite group, all yearned for life abroad, and felt that the air abroad was sweet. "

Speaking of this, Lu Qi burst out laughing, looked at Zhang Yida, and asked, "Does it sound stupid, plus disgusting and unpatriotic?"

Zhang Yida shook his head, "The times and backgrounds are different, so they cannot be compared.

Zhou Zhengyi founded Nongkai with the first pot of gold earned from carrying corpses in Japan; Wang Zhongjun returned to China to start Huayi Brothers with the 5 US dollars he earned from washing dishes in New York; million dollars to establish South Beauty...

So, in the 90s, wages abroad were indeed higher than those in China.

These people who returned to China to start their own businesses with the money they saved from working abroad for several years all caught up with a wave of golden opportunities. "

Yuan Zheng also interjected: "This is also the truth! At that time, I chose to come abroad, in addition to pursuing a higher level of academic education.

More people are also playing the "dream of getting rich" idea.Thinking of making money in the United States, I would like to return home! "

"It's similar to "Going to Nanyang". In the past two years, I have been in contact with Chinese chaebols in Southeast Asia, and their parents and grandparents almost have similar ideas.

If you make a fortune in Nanyang, you will return to your hometown in fine clothes.Always think of yourself as Chinese, Southeast Asian countries are just places where they do business. "

Lu Qi smiled and shook his head, "It's a little different, the group of people who went to Nanyang was because of the turmoil in the country at that time, they didn't have enough to eat, and they had no choice but to live.

But we had a choice back then, and all of us graduated from prestigious schools, so we had a lot of choice.

After graduation, either go to the party and government agencies, or state-owned enterprises and central enterprises, and you can have a full stomach no matter what.

To put it bluntly, there is still a certain vanity involved. "

Zhang Yida discovered another trait in Lu Qi, that is, he is very honest.I tried to speak for him, but in the end he exposed his "ugliness" and had to be looked up to.

"There is another point that the Chinese are not keen on politics, and they have never been able to integrate into the local society.

Be it those in Southeast Asia or those in the United States, they all have economic status, not political status. "

Lu Qi's comment hits the nail on the head. The fact is that money alone is worth it. For example, in the event of war or turmoil, 100% of the first victims are Chinese.

"After entering the new century, the motherland's economy has taken off, and the situation has changed a lot."

Lu Qi said with a smile: "The group of people who chose to stay in China or return to China from overseas, Robin Lee, Charles Zhang... They all seized this wave of opportunities and became the trendsetters of the times.

In contrast, Chinese professional managers who stay in Silicon Valley may never reach that status. "

Lu Qi looked at Yuan Zheng again, and said with a smile: "Yuan Zheng, you have a good chance to become the next Wang An and Yang Zhiyuan."

"Haha!" Yuan Zheng clasped his fists together, "I owe you a good word! Anyway, try your best!"

"The pyramid level of Silicon Valley is: Chinese engineers at the bottom, Indian management in the middle, and white power holders at the top.

Except for the extreme case of Yuan Zheng, this is the case for most people. "

After finishing speaking, Lu Qi looked at Zhang Yida again and asked, "What do you think, Mr. Zhang?"

"As far as I know, this is generally the case. However, Green and Musical.ly are two companies that are more inclined to Chinese.

Capable Chinese, I will never allow them to be inferior to white black Indians. "

Lu Qi nodded, "Then I thank Mr. Zhang here on behalf of the Chinese in the United States. This kind of fairness is often beyond the reach of the Chinese in the United States.

Ten or twenty years ago, returnees were regarded as a treasure in China.But in recent years, domestic engineers have been rewarded so much, and returnees are just one of the many living beings who return home. "

"Yes, there are too many talents, and naturally the competition will be even greater. However, those who study and work hard overseas will have a place no matter where they are."

Lu Qi laughed, nodded and said: "In recent years, there have been many wealthy families in China, and all of them send their children abroad to study.

They are all children who have never suffered much, and their spirit of hard work is indeed much worse than that group of people in the 90s and [-]s. "

Lu Qi looked at Zhang Yida and said, "Mr. Zhang, you may not know that many overseas Chinese students in the United States regard you as their entrepreneurial idol and admire you very much."

"is it?"

Zhang Yida smiled and said, "I'm ashamed, I'm just lucky, and I caught up with the last train of the mobile Internet.

If I were asked to start a business now, I would not even have the confidence to launch a listed company. "

"Don't be so humble!"

Lu Qi waved his hand, and said: "There are many campus entrepreneurs in the United States, and the famous ones include Bill Gates, Zuckerberg and so on.

There has been no similar character born in China until you appeared.

In particular, the two major products of Musical.ly and Green are popular all over the United States, but they have gained a lot of limelight, and the entire Chinese ethnic group is honored.

They are all looking forward to, five or ten years later, will you become the world's top technology giant? "

After finishing speaking, Lu Qi looked at Zhang Yida with piercing eyes, waiting for his reply.

Zhang Yida knew that he was testing himself, and wanted a global vice president of Microsoft
"Whether it is Ruixiang, Huimin Travel, or Doushi, from the very beginning, our goal is to target the world, not just China.

To become a global technology giant, I do have this ideal, and I have been putting it into action. "

Lu Qi and Yuan Zheng nodded as they listened. Both Musical.ly and Green have established a firm foothold in the United States and are operating very well. I heard that their business has expanded to Europe.

This is definitely a rare existence among Chinese companies going overseas.

In addition, they also heard that Ruixiang is also doing very well in Southeast Asia, and it is almost becoming their own backyard.

"Limited by ideological issues, Ruixiang's business has not been able to enter the United States for a long time.

We can only start from Southeast Asia and India and expand outward a little bit.

I put the European and American markets last, because these are the two most difficult bones to crack.

For Green, the ceiling is obvious. If you can’t surpass Uber, it will be considered a success for me if you can make a profit as soon as possible.

The short video field where Musical.ly is located is a sector that I attach great importance to.

Because it may be faster and more successful than Ruixiang's internationalization. "

Lu Qi adjusted his glasses. He didn't expect Zhang Yida to attach so much importance to Musical.ly, and his hopes were greater than those placed on Ruixiang.

So Lu Qi asked: "Mr. Zhang, I have never used Musical.ly, but I have heard many people tell me about it.

It is a very interesting APP!Do you want it to be Netflix or YouTube? "

"No!"

Zhang Yida said: "We don't learn from anyone, short video is a brand new field.

Its biggest advantage lies in its fun, which can attract users to use it for a long time.

Therefore, its advertising value is very large. In addition, it can also divert traffic to other businesses under my umbrella. "

Lu Qi said with a smile: "If it can reach 10 billion or even 20 billion users, it must be a company with a market value of tens of billions or even hundreds of billions of dollars."

Yuan Zheng listened on the sidelines, and felt that he had taken it for granted. How could it be so easy to achieve one billion or two billion users?

Zhang Yida said: "But this is all innovation at the application level. In terms of underlying technology, my companies are still a bit behind."

"I don't know what Mr. Zhang thinks about AI?" Lu Qi asked.

"There is no doubt that this is a technological revolution, and the easiest way to understand it is that AI is more efficient than the Internet.

The improvement of efficiency will bring about industrial changes.

From the age of handicrafts to the age of steam engines, to the age of electricity and the age of the Internet, this is the case. "

Lu Qi asked again: "Do you know Microsoft Xiaobing?"

"I know that it was an artificial intelligence project led by Dr. Lu at Microsoft.

I have used it, it is very good!But it is still a little bit off the mark, and technical limitations cannot achieve an absolute high degree of anthropomorphism. "

Lu Qi smiled and said, "The seeds have been sown, and sooner or later, "she" will grow into a towering tree."

"Ruixiang's Smart Finance Research Institute has been conducting research on cutting-edge technologies such as AI, blockchain, big data, and cloud computing.

With our annual investment of several billion yuan in research and development, some research and development results have been achieved and commercialization has started.

However, the AI ​​that I place the greatest expectation on is always almost meaningless. Currently, it can only be used as an auxiliary tool in the anti-fraud risk control system.

For example, from the risk control audit call, identify the borrower's speech speed, tone, and intonation, classify the borrower's personality, and identify anti-fraud.

If you want to achieve more advanced applications, the current scientific research results are not enough to support it. "

Lu Qi is listening carefully. The research and development investment of several 10 billion yuan per year is definitely a big deal for ordinary companies.

But if you compare it with Silicon Valley technology companies headed by Microsoft, it is too shabby.

Microsoft’s R&D investment in the year before last was US$104 billion, and last year it was US$114 billion, ten to twenty times that of Sharp.

AI research and development, that is quite a waste of money!Ordinary companies can only do a little bit of R&D.

In addition, the AI ​​application he heard Zhang Yida said was indeed very low-level, in a very initial stage, and could not even interact with it.

Microsoft Xiaobing is amazing, and its product forms have covered social dialogue robots, intelligent voice assistants, artificial intelligence content creation and production platforms, and so on.

"Mr. Zhang, in your vision, what level do you want the AI ​​application of Ruixiang Group to achieve?"

When Lu Qi asked this question, he still wanted to see how ambitious Zhang Yida was?
At his position, pure money is no longer what attracts him the most.He is 55 years old, and choosing to join a company may be the last career in his life.

He wants to find a company that suits him best, apply what he has learned all his life, and see if he can leave a strong mark in the technology industry!
(End of this chapter)