The concept of artificial intelligence has a very long history, but the real wave of artificial intelligence began in 2016.

After Google's AlphaGo achieved legendary status, almost all internet giants began to mention artificial intelligence when discussing it.

People are generally optimistic about artificial intelligence, believing that it can truly liberate human productivity and take over most of the work.

At that time, SenseTime, one of the four AI giants, secured 5.2 billion US dollars in funding in just seven years. The funding institutions included SoftBank Japan, Ali, IDG Capital, and others.

After SenseTime went public, it suffered losses year after year for several years: 3.4 billion in 2018, 4.9 billion in 2019, 12.1 billion in 2020, and 17.1 billion in 2021.

The annual losses have been increasing significantly, leading to a frantic exodus of institutional investors after SenseTime's listing on the Hong Kong Stock Exchange.

Those who entered in the D round, and even SoftBank, who entered in the D round, are all cutting their losses and leaving the market.

The main reason was that everyone was too optimistic about artificial intelligence back then.

For purely technology-driven companies like SenseTime, it is difficult to promote the application of artificial intelligence in industry on their own.

Like internet technology, artificial intelligence needs to be integrated with other industries to truly thrive.

It is difficult to generate revenue from technology alone.

Therefore, those who ultimately succeed in artificial intelligence are mostly large internet companies. Pure technology companies like SenseTime barely managed to survive for a few years before being delisted from the Hong Kong Stock Exchange, and then were acquired by an internet giant on the eve of the AI ​​boom.

No one expected that this journey would take so long.

By 2031, the impact of artificial intelligence on all walks of life and the consensus that artificial intelligence is the future trend will become universal.

Once a consensus is reached, the arbitrage opportunity disappears.

You recognized that new energy is a major future trend when most people didn't understand the significance of new energy and thought electric cars were just toys.

You can then buy new energy ETFs or individual stocks through the stock market and make money by taking advantage of information asymmetry.

When everyone thought new energy was the future, new energy stocks had already skyrocketed.

The further application of artificial intelligence in industry is beneficial to all related sectors.

However, for governments around the world, the unemployment problem has become even more serious.

Artificial intelligence can improve production efficiency and save companies' labor costs. Compared with human labor, the error rate of artificial intelligence is also reduced to a negligible level.

However, the cumulative impact on individuals constitutes a huge risk.

Developed countries can provide welfare benefits, including unemployment benefits, retraining, food stamps, and so on.

For developing and underdeveloped countries, such a good thing is far from the case.

Sometimes, the progress of the times has nothing to do with individuals. During the adjustment period brought about by the progress of the times, many individuals cannot enjoy the benefits of technological progress, but instead have to face the drawbacks brought about by the progress of the times.

Lee Hsien Loong is the former head of Singapore, and his family has held power in Singapore for nearly a century.

He was clearly unwilling to accept that his plan had failed, as he had originally thought that the power he had traded out was only power in name only.

Merlin is the apparent leader, but that does not affect his authority.

For some people, power is bestowed upon them by their position, but for others, it is precisely because they sit in that position that that position can possess such great power.

Japan has had so many prime ministers, and even though they are both prime ministers, can you say that Yukio Hatoyama's power is the same as Abe's?

How much nominal power can you actually hold onto?

These are not the same thing at all.

Lee Hsien-lung's plan was to give Cheng Li a nominal position, with some real power, but in reality, he could control the bureaucrats, and he himself would remain a cabinet advisor.

As a result, Zheng Li eliminated all the bureaucrats, including civil servants in the police system.

As for criminal acts, they rely entirely on artificial intelligence in conjunction with the Sky Eye system for location tracking, and then the lower-level enforcement personnel make the arrests.

Seeing that Li Xianlong was depressed at home, and even more so after going out for a walk and returning with a heavy sigh, He Jing couldn't help but complain:

"This was your own decision. Now that the deal is done, don't keep thinking about it."

Instead of wasting your time building up our wealth, let's allocate our acquired assets wisely and plan for the future of our descendants.

In reality, the relationship between Zheng Li and Merlin is an open secret among the major countries.

The deal between Zheng Li and Singapore is pretty much a guess.

After all, Zheng Li's sudden reduction of his stake in Kechuang Biotechnology, especially at a time when virtual reality devices are about to be launched, is quite surprising.

However, the current usage of the SWIFT international clearing system among countries on Earth is so low that it can be ignored. The mainstream bank clearing system in various countries is the Currency Bridge multilateral trading system, which Zheng Li proposed with China as the main participant.

In this decentralized banking clearing system, no single node can monitor where the funds go.

Not to mention Zheng Li's funds.

Of course, this also has its problems, namely, it makes tracing funds inconvenient, and in some criminal investigations, tracing funds becomes almost impossible.

Compared to keeping the security of international currency transactions in their own hands, this inconvenience is acceptable to all countries.

"A century-old foundation was destroyed in one day. Whether online or in reality, it's as if the Li family never existed in Singapore."

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