As a mage, I just want to pursue the truth

Chapter 323 Virtual Reality
In Li Miaomiao's opinion, the previous high dependence of R&D on Zheng Li was an abnormal phenomenon.

Enterprises in the field of science and technology invest hundreds of billions of RMB in research and development every year, and in the past two years, the amount has exceeded 200 billion RMB.

The investment of human, financial and material resources is not to make these researchers dependent on Zheng Li.

Li Miaomiao didn't want to put any pressure on Zheng Li. Zheng Li had already contributed enough to the early development of the Science and Technology Innovation Department.

“To solve this problem, we can take some marketing measures.

As Mr. Zhao just said, marketing technology research and development is not easy. Other companies have spent so many years in brain-computer connection to reach the level of our first generation of brain-computer connection VR technology.

It is normal that our research and development of brain-computer connection VR technology is progressing slowly.

We can also release some semi-finished products from the laboratory to boost morale.

I personally think that technology like brain-computer connection has major technological breakthroughs every year or every two years, but this should not become the norm.

I used to work in the smartphone industry, so I know this very well. Full-screen displays have been mentioned since 16, and the so-called water drop screens, hole-punch screens, and bangs screens have emerged one after another.

It was not until 21 years, five years later, that Xiaomi's Mix 4 realized the concept of a true full screen.

Brain-computer connection technology is much more difficult than full-screen technology, not to mention that consumers still expect virtual reality.

The difficulty of data interaction between the brain and the computer is somewhat beyond the level that can be achieved by normal technological advancement.

It is better to focus on marketing. The new generation of brain-computer connection VR that we will release this fall is actually a flagship VR with sufficient product power.

Mr. Li, you don't have to feel too burdened. "

The full screen of Xiaomi Mix 4 has a great impact on the front camera. The photos taken by the -megapixel front camera under the true full screen are almost the same as those taken by the -megapixel camera.

After the vice president who was transferred from Dami to serve as an executive since the establishment of Kechuang Future finished speaking, everyone began to persuade him.

What they said is true. The road of technological research and development is basically full of pitfalls and no way forward.

If you spend money and see some splash, you're making money. The more likely scenario is that you'll spend a lot of money and then find out that this technical route is not feasible.

"Okay, I understand what you guys mean, I think I need some time to think about it.":
After Li Miaomiao finished speaking, she stood up and left the meeting room.

She hadn't seen Zheng Li for a long time. Since that time, the frequency of her meetings with Zheng Li began to gradually decrease.

However, when they were together, Zheng Li treated her the same as before, and then verbally said that the research and development had reached a critical moment and she needed to take care of more business matters.

And recently I haven’t seen Zheng Li for almost a quarter.

"How do you evaluate the scientific and technological innovation in the post-Zheng Li era? Can Li Miaomiao take on the responsibility?"

This question was raised on Zhihu about a year ago. Later, as the market value of Ke Chuang Biotechnology continued to decline, this question became a classic question and would be dug up and answered after a period of time.

Everyone's answer can be looked back on in the future to verify whether it is accurate.

“Thank you for the invitation. I am a member of an unknown supplier upstream of the Kechuang system, and I am also a small shareholder of Kechuang Biotechnology. There is a certain interest relationship between us.

First of all, in the past three years, there is no doubt that the development of Ke Chuang Biotechnology has not been as rapid as in the first five years.

There are various factors that influence this, but the most fundamental reason is that, unlike the beginning when they would come up with disruptive products every year, in the past three years, science and technology companies have not produced any products that have impressed consumers or the industry.

According to information leaked from Ke Chuang Bio, Zheng Li has devoted himself to the research and development of a key technology, but the specific technology is still unclear.

There are all kinds of rumors circulating, ranging from virtual reality to a miracle drug for cancer, but none of them have been officially verified.

But it’s normal to think about it. For such a critical product, few companies will release news before success.

The above is off-topic, let’s get back to the question itself.

In my opinion, the term "post-Zheng Li era" is not accurate. Today's Kechuang Bio and even Kechuang-related companies are still companies that are fully controlled by Zheng Li himself, and it is still Zheng Li's era.

From what I have learned, there are no signs that outsiders are gradually taking control of Kechuang Bio and its core subsidiary Kechuang Future.

There is talk online about the so-called takeover of snow-capped mountains and grasslands, but at least no such phenomenon has been seen so far.

It’s just that Zheng Li is not as efficient as before in scientific and technological research and development. It was abnormal to have technological breakthroughs every year before.

Zheng Li has lost his previous magic, and Ke Chuang Bio has lost its previous glory after Zheng Li lost his magic.

When Mr. Li came to our company for research, I saw her from afar. She is a real natural beauty. From a management perspective, there is nothing special about her.

But with Zheng Li here, the greatest achievement is to avoid making mistakes.

I think the combination of Zheng Shen and Mr. Li is very reasonable.

It's probably not a good idea to say that he can take on the leading responsibility. If it is true as the question suggests, that the current scientific and technological innovation and biotechnology industry has entered the post-Zheng Li era, then I estimate that in less than half a year, Li will be marginalized.

From an investor's perspective, I think the current valuation of CStone Biotechnology has reached a reasonable range.

When a stock is in a downward channel, everyone can only see its shortcomings but not its advantages.

For a company with a market value of 1 trillion euros, a net profit of around 50 billion euros per year would rank among the top five in the world.

The only companies whose net profits rank ahead of Sinovation Biotechnology are Saudi Aramco, Apple, Berkshire Hathaway, Google's parent company Alphabet, and Microsoft.

Kechuang Bio's net profit is higher than that of ICBC.

What investors see is that FutureVerse's market share in high-end VR is declining year by year, and its market share in brain-computer connected mobile phones is being taken over by Neuralink.

The third-generation brain-computer connection technology used by FutureVerse is not much different from the second generation, and there is almost no gap in the civilian field.

Kechuang Biopharma's performance in innovative drug research and development is not as good as expected.

But at the same time, FutureOS is the monopoly operating system for brain-computer VR, with a 100% market share.

Among them, the science and technology innovation tax collected by FutureOS alone exceeded 20 billion yuan in the financial report of Kechuang Biotechnology this year.

Although there is only one innovative drug in development so far, the revenue and profit of this one drug are equivalent to ten drugs from other innovative drug companies.

In my opinion, even without considering the value of the technology that Zhengshen is currently developing, Kechuang Bio has reached a very good buying point.

Duan Yongping holds a similar view to mine. He has continued to buy more than 100 million shares of Kechuang Biotechnology.

Funds including Temasek, the Norwegian Sovereign Fund and some other Europa funds are continuing to increase their holdings.

Except for retail investors and some domestic fund managers who are selling Sinovation Biotech’s shares, others are taking the opportunity to buy.”

During the period when Zheng Li was silent, Ke Chuang Bio no longer had revolutionary products emerging every one or two years as before.

As a result, the market value of Kechuang Biotechnology has fallen by more than 50% from its peak of more than 2 trillion yuan.

The third-generation brain-computer connected VR technology can convert electrical signals into neural signals, but it is limited to the feeling of dizziness.

The application scope of this technology is actually very narrow.

In addition to some simulated driving VR games, which have requirements for this, there is also simulated training for pilots.

Not to mention that some users don’t like the feeling of dizziness.

Therefore, the third-generation brain-computer connection technology is more of a gimmick and does not actually bring much improvement in user experience.

In the eyes of investors, the most valuable thing about Kechuang Biotechnology at present is FutureOS.

Achieved operating system monopoly in the VR field.

This is the deepest moat of Ke Chuang Biotechnology.

After the meeting, Li Miaomiao felt a little worried because the methods everyone suggested could only be used temporarily and not permanently.

For example, marketing tactics may work in the short term, but consumers won’t buy into them over time. “I don’t know how Zheng Li is progressing.”

Sometimes she finds the news online very funny.

Because even she didn't know about Zheng Li's research and development project, let alone the group of self-media on the Internet.

Due to the existence of the truth system, qualified media and some influential self-media dare not speak nonsense.

But they can’t stop people from forwarding them. Small self-media are responsible for spreading rumors, and then large self-media forward them.

Even after it was proven to be false, he said that he was just forwarding it and did not guarantee the authenticity of the story.

Including the news that Li Miaomiao just saw, which said that the autumn press conference held by Ke Chuang Future in the second half of the year may bring breakthrough technologies.

The wording used by the other party here is very vague, it is just a possibility.

Li Miaomiao knew very well that there was no such thing at all, it was just some supplier technology that was used.

She was also embarrassed to brag that it was technology that would lead to the future.

Although some friendly companies will do this.

Just when Li Miaomiao was worried, a figure appeared out of nowhere in her room.

Looks exactly like Zheng Li.

Li Miaomiao's first reaction was not happiness, but alertness. "Who are you?"

Because of VR's virtual city application, when you are in your own room, if other people want to come in, they need the owner's consent.

This person, who looked like Zheng Li, suddenly appeared in her private virtual space without her consent.

Obviously very abnormal.

Moreover, whether you are pinching your face or recording through a camera, setting your virtual image to be the same as a real person can only achieve a limited degree of similarity.

You can definitely see the difference between the real person and the VR image to a certain extent.

No matter how good the 3D model is, it is still different from the real person.

Not to mention that in her world - Pengcheng, Tencent would never allow such a high definition for individual users.

Computing power costs money, and Tencent will lose money if it gives everyone an 8K-level personal image.

"I'm Zheng Li."

The voice was the same as Zheng Li's, which made Li Miaomiao even more suspicious: "Who are you?"

Zheng Li was speechless and said, "I am really Zheng Li. My research has come to an end and I have achieved some interim results.

You can come to the R&D center to find me, or I can come to your home to find you."

Li Miaomiao originally thought that the other party was the real Zheng Li, but later when she heard that the other party said he was coming to her house to find her, she was sure that the other party was not Zheng Li at all.

Because Zheng Li has known her for so many years, but has never been to her house.

"If you can get in, come to my house to find me, but I won't open the door for you."

After saying that, Li Miaomiao turned off the phone and went offline.

Back to reality, she walked into the living room and found Zheng Li standing in the middle of the living room.

"Do you believe it now?"

Li Miaomiao looked incredulous: "When did you come here?"

"And you were not in VR just now, why are you suddenly in my house now?"

Li Miaomiao observed carefully and found that what was in front of her was not Zheng Li's real body, but just a light and shadow effect.

She now completely believed that the person in front of her was Zheng Li: "Is this the latest magic you researched?"

"Appearing anywhere in the world through magic?"

Li Miaomiao quickly thought of magic.

Although she had no talent in magic, after so many years of personal instruction from Zheng Li, it was not an exaggeration to say that she could perform some basic magic with ease when she was alone at home.

Zheng Li, who appeared out of thin air in front of him, nodded and said, "This is just a small application of magic."

Li Miaomiao completely believed that the person in front of her was Zheng Li.

Among the people she knew, Zheng Li was the only one who had this ability.

As a mage, she attended classes at a research institute affiliated with the Administration of Anomalous Matters.

In her opinion, none of the mages there were as good as Zheng Li.

Li Miaomiao asked: "This magic is so cool, it can appear anywhere at will.

Your body should be in the R&D center now, which is twenty kilometers away from my home.

No, how did you get into my virtual home just now?

Magic can create light effects, so can it be possible that magic can also invade Tencent’s servers?

Or did Pony give you some special privileges?"

Li Miaomiao asked, she actually wanted to ask Zheng Li whether he had used Pony Ma Kai's special authority to do anything bad.

As for whether Tencent will do something similar and give people special permissions, Li Miaomiao believes it is entirely possible.

She never thought that these big domestic companies had any moral integrity.

Like Baidu's previous cloud disk, the photos in it are manually reviewed, and there is no consideration of whether this behavior infringes on personal privacy.

Including WPS directly blocking files forwarded by users.

There are too many similar things.

Although China has introduced a personal information protection law, it has not done enough in this regard.

Li Miaomiao had many questions, but Zheng Li didn't intend to go into too much detail:

“During this period, I mainly explored some interesting issues and achieved certain results.

It looks good for now, and can even be said to be beyond expectations.

There are magical and scientific topics.

As for what it is specifically, you won’t understand even if I tell you, so I won’t go into details.

Also, you need to be prepared, as we are about to launch a brand new product.

This is a complete set of solutions, which is a huge challenge for Kechuang Biotechnology.

A bigger challenge than ever before.

What we are going to launch is virtual reality technology in the true sense.

You need to be prepared for whatever might happen.”

(End of this chapter)