Chapter 697 The Development of the Technology Industry
It is difficult to say whether the ultimate development of the technology industry will be beneficial to mankind or lead to destruction.
There is no doubt that at this stage, including in the next few hundred years, it will definitely bring more and more convenience to the lives of ordinary people.
But correspondingly, while it will bring convenience to most people, it will also replace traditional human resources.
For example, assembly line workers.
Tengfei Group has become a technological giant. Whether Chen Pingsheng likes it or not, its hundreds of thousands of top R&D engineers will continue to push its artificial intelligence forward.
All he could do was to provide sufficient severance pay to those traditional assembly line workers when Tengying No. 1 eliminated them.
In addition, we will also recruit as many new technical jobs as possible, the kind that cannot be replaced by AI robots.
As the times develop, more and more people are starting to have flexible employment.
Takeout, short videos, Didi Taxi, etc. can be said to be the last harbor for the frustrated.
Praising these unsuccessful people in the industry is nothing more than covering up more unemployment.
In addition to these, traditional large OEM factories are also one of the ways to meet the needs of the large number of employed people.
From a very early stage, Chen Pingsheng knew that the ultimate goal of technology was to liberate labor.
Using technology to replace most assembly line production is just the beginning. It is very likely that it will develop into industries with abundant human resources such as express delivery, taxis, and food delivery in the future.
The worries of earlier years have come true.
Before the Chinese New Year, Chen Pingsheng cashed out another 0.5% stake in Nvidia, this time directly earning $16 billion.
Converted into RMB, it is 110 billion.
This money is mainly used to develop Tengfei Technology Future University, which requires more than 2,000 acres of land, and at least 20 billion yuan is needed to start.
In addition, there are plans to build a world-class university of science and technology, and the estimated construction funds required will be between 30 and 50 billion yuan.
Just this alone is comparable to any top university in the world in terms of hardware facilities.
The remaining software facilities will require continuous investment in the future.
At the end of November, he visited his traditional business again.
Except for companies like short videos, which still have considerable room for growth, the others have already reached their ceiling.
In the future, the service industry will definitely be the most popular employment option for children from ordinary families, perhaps even the only one.
The development of the group has become clearly visible to the naked eye when the enterprise has developed to a certain level.
It is like a huge machine that just runs on its own towards the unknown destination.
No matter how unwilling those students who study painting and sketching are, more than half of them have been eliminated by AI.
The reason why there has not been a big social reaction is simply because this group is still relatively small.
And those who are able to support their children to learn these things are generally middle-class families, and middle-class families have a high ability to resist risks.
If one doesn't work, just switch to another.
Once AI artificial intelligence breaks into the track of ordinary people, even Chen Pingsheng himself dare not think that he will be one of the main driving forces behind the crushing of the middle-aged employment army.
He had seen this trend before, but he didn't expect that one day it would develop from his side.
…
December.
The last month of 2024 is about to pass in an ordinary way.
After Chen Anan fulfilled Jiang Tang's childhood dream, Jiang Tang felt happy but also confused.
I even doubted myself in my heart, including the plans and ideals I made when I was a child.
If it can really be accomplished by just raising a finger, then what's the point of her setting such a plan and ideals?
What does it matter how hard you work since childhood?
People are like this. Once they have enough desires, a powerful driving force will erupt from their hearts.
This force will push them to keep working towards their set direction until the day they achieve it.
But suddenly one day, you achieved it.
This anger will be completely relieved.
This was the case with Jiang Tang. Chen Anan simply used a luxury watch worth over 30 million yuan and a card with a 2 million yuan cash deposit to help her get rid of her anger.
The ideals of ordinary people can really be bought out easily.
Just like ordinary people's time, it can also be bought out.
Jiang Tang persisted for a while and loved studying as before, but a voice kept emerging in his heart.
The goals have been achieved, so what is the point of learning further?
After the teacher finishes the class every day, she would review or talk to students with good academic performance for half an hour.
Gradually it became twenty minutes, ten minutes, and even five minutes.
Then it disappeared completely.
She spent more of this time on spending money or choosing beautiful clothes.
It can also be said that I am slowly starting to enjoy life.
In the eyes of ordinary people, this may be decadence, or even a gradual decline.
But in Chen Anan's eyes, this is just a normal phenomenon after the goal is achieved.
What outsiders call inspirational?
Does it mean studying hard, working hard, and working overtime?
Then buy a medium-sized reinforced concrete house and pay off the mortgage for decades?
That's not the case.
Once you encounter this kind of education, it can only be said that it is the helplessness of ordinary people.
Chen Anan knew from a very young age that even if she didn't have ideals in life, she could still have many things she liked and do more meaningful things.
Once this kind of self-centered and happy lifestyle comes to Jiang Tang, the teacher will start to say, Jiang Tang, are you in love recently?
Don't relax, senior year of high school is the biggest turning point in your life.
Trying to use words to encourage her to resume her previous efforts.
Only Chen Anan knew that she had unintentionally relieved Jiang Tang of the anger she had been holding.
It also allows her to spend more time on herself.
Her father used to teach her that running a business ultimately comes down to learning how to manage people.
The so-called controlling people is definitely not like what is shown in ancient TV dramas, where two ministers come out to be incompatible with each other.
Let them compete against each other.
This can only infinitely increase internal friction within the company, and the real way to control people is invisible.
It can be driven by money, or it can be controlled by higher culture including ideas.
All she could do now was to use money to break Jiang Tang's past beliefs.
In business operations, this is also called spending money to buy out ordinary people's time.
The next step is to reshape Jiang Tang’s values so that she has a new goal in life and even a meaning in life.
The reason why Chen Anan didn't tell Jiang Tang about this was because she didn't want to influence her with her own thoughts.
My own ideas are not suitable for her.
No matter what outsiders think, she has been with her father for so many years and has already learned too many tricks.
You can also see psychological activities that are completely invisible to people of the same age group.
It was inevitable that Jiang Tang's grades would drop. No matter how much they dropped, it wouldn't be a problem for her to get into the same university as her.
Is it to live, or to keep inspiring yourself?
This is actually quite contradictory. Ordinary people need to be motivated, and rich people need to live!
Two completely different destinies.
It can be said that Chen Anan forced Jiang Tang to change her fate.
If not, even if Jiang Tang successfully entered the ideal university and then successfully entered the large company where she wanted to work.
Finally, through his continuous overtime efforts, he earned an annual salary of one million.
She was probably around 27 or 28 years old at that time.
Work for a few more years to save up a down payment for a house, and then pay it back for twenty years.
When the day came when she could finally let go of her anger, she discovered that her health was no longer as good as it used to be!
Go to the hospital from time to time.
This is an inspirational life. Who dares to say that she doesn’t work hard? Who dares to say that she has always lived a happy life?
Now we are just realizing this idea ten years ahead of schedule, and there will inevitably be a short period of confusion.
How things will change in the future depends entirely on how Jiang Tang changes his own ideas.
Chen Anan, who could easily break through the values of her tutor at the age of six, can now easily understand the psychological activities of girls of the same age.
Knowing does not mean taking advantage of others, nor does it mean using your own thoughts to influence others.
Just like that, like someone who knew nothing, she accompanied Jiang Tang to pick out cosmetics and beautiful clothes.
Her younger brother, Xiaosan Chen Lu, is also the real master in the family. It is useless for anyone to talk to him.
Anyway, he just has an honest and calm attitude, not actively causing trouble, nor taking the initiative to be the advanced one in the class.
It doesn’t matter. Even I, as his elder sister, can’t educate him.
Fight... yes, you can.
A set of mantis boxing easily made him stand at attention and spin around on the spot.
Chen Anan remained determined and worked hard to reach her third year of high school.
Time passed slowly, and in the blink of an eye it was mid-December, when Chen Pingsheng went to Hong Kong.
Participated in the Tengying Group's annual economic summary conference hosted by Tenghui Capital.
And determine the development plan for the next year.
In 2025, the core project that the group is determined to launch is the Tengfei AI mobile phone. In addition, it will continue to develop in many fields such as AI, new energy, and solid-state batteries.
Every time they hold a meeting, the seven people they are familiar with, also known as the Seven Chiefs, are present.
In addition, there is the Tencent Economic Research Institute, which invests over 5 billion yuan annually and focuses on research on global industrial development.
According to big data statistics, mainland real estate, including Hong Kong, will continue to decline until 2028 before it can truly stabilize.
Stabilization does not mean that the market has recovered, it just means that it has stopped falling.
No matter where it is, including above, it will not fall out of this stable line again.
The foreclosed properties that have impacted housing prices first will also be completely controlled by 2025.
If this isn't controlled, it's going to be a mess.
In addition to existing scientific research projects, Tengying Group's remaining focus is investing in overseas markets.
In the past three years, he has invested at least 60 billion yuan overseas.
He has owned his own businesses in Ireland and other countries.
Throughout 2024, semiconductors, AI, biomedicine and green technology will be the core engines of economic growth in developed countries.
From these aspects, we can see that there are only a few industries that can truly develop well in the future.
They are all related to the field of science and technology, and medicine and biology are also top priorities.
Tong Zelan has invested in many pharmaceutical stocks, and Chen Pingsheng himself has also made short-term investments in pharmaceutical stocks, including Shen Nanpeng, who is known as the half-arm lord of the domestic Internet.
They have all invested a lot of money in medicine, but there is no doubt that none of them has created a super pharmaceutical company like Pfizer and Johnson & Johnson.
Even today, they all know that there is still a lot of room for development in medical biotechnology in the future, and there is no guarantee that they will be able to invest in the next one.
It has to be admitted that Chen Pingsheng himself is also an outsider in the field of medicine.
His wife only started to make efforts in this field in recent years, and has invested nearly 10 billion yuan in the big health sector.
It seems like a lot, but it’s actually just that.
As for becoming a giant in the pharmaceutical field, that is absolutely impossible.
Chen Pingsheng's own funds were not allocated in this direction.
Every year they calculate the economic growth rates of most developed countries in the world.
and the development trends of core industries.
In addition, there are relevant policies, competition, etc.
The previous overseas investments can only be regarded as steady progress, first stabilizing and then developing.
The biggest advantage of this model is stability, but the disadvantage is that it takes many years to recover the profit margin and assets.
It is far inferior to the high-risk, high-return venture capital.
This is actually very normal. When capital reaches a certain level, the primary pursuit is definitely not huge profits.
It's the security and stability of assets.
This is the main reason why Hong Kong's Li has always been keen on investing in basic livelihood projects.
If we talk about who is the richest in Hong Kong, Lao Li says he is second. Who dares to say he is first?
They have long passed the capital accumulation period and are now pursuing long-term stability.
These people are at this stage now.
Everyone still unanimously agreed that stability should be maintained in the next three years.
Chen Pingsheng personally invested another 50 billion yuan for global investment in 2025.
The others also contributed 15 billion each. Where did this money come from? Anyone who can sit at this table must make tens of billions a year, right?
Tong Zelan asked him on Wall Street to short the new energy vehicle company together. At the end of the six-month period, they made a total of 6.2 billion US dollars.
Chen Pingsheng received 30% of the profits, totaling 1.8 billion US dollars.
These are all profits without even paying for the costs. He loaned out tens of billions of US dollars worth of stocks just by using his personal name as a guarantee.
Half a year later, the company's market value had fallen from over 50 billion US dollars to more than 20 billion.
The drop exceeded 60%, so in this case, it is natural to make a lot of money.
In five years, he expects to invest 200 billion overseas.
After completing the 200 billion plan, subsequent investments will begin to pursue huge profits.
That is to say, to return to large-scale capital venture capital.
Make money by buying and selling overseas listed companies.
Although small projects are more profitable, they are too difficult to find.
Masayoshi Son invested in Alibaba and has become the world's investment god.
He still wants to make another one, but after decades, have you seen him make it again?
Chen Pingsheng was able to invest in Tesla, Nvidia, Google, Microsoft and other companies in their early stages.
The main reason is that this is what he does himself.
Naturally, I know a lot about this industry.
He knew in 2018 that the medical field would explode and that the future would be unstoppable.
It is one of the most profitable future industries.
We have invested in dozens of companies. Have you seen Tesla or Nvidia emerge?
He invested in many companies, but their poor returns were not specifically reflected in his financial statements.
Even if he is as strong as he is now, investing in industries beyond his knowledge is like a blind man trying to light a lamp, groping in the dark.
This is the reality!
He also made a lot of money by investing in new energy, including the AI field.
The rest are just so-so.
There is no so-called god of investment. It is just a high-probability choice when the capital reaches a certain level.
He has invested in at least fifty large pharmaceutical companies.
It’s not to say that there are no such people who escape, but it can only be said that there are very few of them.
(End of this chapter)
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