As a mage, I just want to pursue the truth

Chapter 389

The biggest difference between the upper class and the middle class is that the upper class has a certain amount of assets that can be inherited.

For those test-takers who have become middle-class on their own, it is difficult to pass on their talent for test-taking to the next generation.

Even if both parents graduated from Peking University or Tsinghua University, there is still no guarantee that their next generation will be able to attend an ordinary 985 university.
In addition to assets, there are relationships.

Why do the middle class like big cities? Because the ceiling in big cities is high enough, and the ceiling that can be reached is high enough without relying on the construction of a relationship network.

In small cities, the ceiling is there. Without the family's deep network of relationships, the ceiling is very clear and the wealth may only be a few million.

Many people choose big cities not only because they cannot handle the complicated network of relationships in small cities, but also because their families lack relevant connections and cannot help them get started.

Sometimes when getting things done it is not the case that the more capable the person, the better the job will be done. Instead, you need to find the key person. Maybe his position is not very high, but finding this person is a hundred times more effective than finding someone else with a higher position than him.

Back to the Science City, in a society operated entirely by artificial intelligence, these problems naturally do not exist.

After all, if you want to establish a relationship with artificial intelligence, what can you rely on? Can you help artificial intelligence optimize its processing algorithm from the bottom up?

In 2039, it’s not just Singapore that is adopting artificial intelligence to manage its entire society.

The three Nordic countries also took the lead in reforms, and these countries have introduced Lion City's artificial intelligence systems.

Germany, France and England are still watching.

The main economic sources of the entire Lion City are as follows. The first is that Lion City itself has many state-owned enterprises and many financial assets, and the income generated by the operation of these assets.

Taking Temasek as an example, what Zheng Li gave to the Lee family was the cash he obtained by selling his shares in Sinopharm Biotechnology, and the cash equivalent to the market value of Temasek was given to the Lee family.

Temasek Holdings remains the Lion City’s financial asset.

With artificial intelligence as risk control, it is much better than humans in both data collection and overall data analysis.

To put it simply, risk control is to measure the repayment ability and willingness of the assets under your name.

Analyze these two abilities through clues in the information.

You may think that business wars are won through strategic planning thousands of miles away, but in reality, business wars may be stealing official seals, changing the locks of password boxes, or the chairman of the board spying on the operating conditions of other companies.

It’s so plain and simple.

The concept of Fintech, or financial technology, was proposed in 16, and its core is big data risk control.

Is there any big data risk control that is more powerful than artificial intelligence to do this?

Therefore, under the joint management of artificial intelligence and humans, Lion City’s financial assets are of unprecedented quality, and the non-performing rate of proprietary assets has been compressed to less than one percent.

To make a simple analogy about the concept of non-performing loan ratio, China's financial companies mention the need to clear out non-performing loans every year.

Even for banks with the lowest non-performing loan ratio, the non-performing loan ratio is generally around 1.7%.

Temasek is a comprehensive holding group, and its non-performing loan ratio of less than 1% is unprecedentedly low.

In addition to financial assets, Singapore’s state-owned enterprises also include media, aviation, water and power infrastructure, etc.

The second source of income is taxation. After Zheng Li took over Singapore, the government's service level has improved by more than one level.

Lion City’s status as a financial center in Asia has been further consolidated. The low tax rate in finance itself does not mean there is no tax.

The third part is the revenue brought by these technologies after Zheng Li authorized them to Lion City.

The main ones are biophotovoltaics and artificial intelligence government affairs systems.

Needless to say, biophotovoltaics has an absolute monopoly position in the market.

At the same time, compared with traditional photovoltaics, biophotovoltaics is completely overwhelming.

Currently, only China still relies on government subsidies to barely maintain its traditional photovoltaic industry chain.

Of course, traditional photovoltaics still have a need to exist in this era, and it can serve as a supplement to biophotovoltaics in the field of photovoltaic buildings.

But that's about it.

As for artificial intelligence in government affairs, other countries have doubts about it.

Even if the three Nordic countries wanted to introduce it, they would come to Singapore for repeated on-site inspections before finally deciding to purchase it.

Mainly because of the high price.

Because government artificial intelligence charges management fees, which are paid according to the personnel budget in your previous annual government budget.

Take Iceland as an example. The average annual investment Iceland has made in government human resource costs over the past five years will determine the annual AI usage fees for the next five years.

In the end, Iceland was the first to introduce artificial intelligence, and then Denmark and Norway successively reached agreements with Lion City.

These three are the main sources of income for Lion City at present.

Combined with the dismantling of the military and civil service systems, the Lion City government is now much richer than before.

To put it bluntly, if Zheng Li is willing to sell the life-extending potion, the revenue alone would be at least hundreds of billions.

The countries across the blue planet are showing a serious polarization trend.

Countries that are strong in the Internet and have a certain manufacturing base, that is, traditional developed countries and a few developing countries, have enjoyed dividends from industrial transfer and upgrading.

Take the Europa League as an example. It was already struggling with population and energy problems.

Your neighbor to the north often threatens you with your territorial and energy security.

For more than 20 years, we relied on cheap natural gas and oil from our northern neighbor, but then the supply was cut off, and once it was cut off, it was cut off.

After the supply cut, OPEC also cut production.

This is compounded by the country’s own aging population, prevalence of hedonism and extreme political correctness.

They were already on the verge of death and could not survive, so the high-tech manufacturing giants of the major European alliances rushed to China to build factories.

BASF invested 10 billion euros to build a factory in Zhanjiang, Merck Electronics built a factory in Zhangjiagang, and Zeiss Optics built a factory in China for the first time in history.

There are many similar news. Basically, these high-tech giants chose to increase their investment in China in the early 20s.

The Europa League looks like the third in command that was knocked down first before the fight between the first and second in command.

As a result, whether it is the emergence of magic or the rapid development of artificial intelligence and industrial intelligence, they have greatly extended the life of the European Union.

Biophotovoltaics has helped the European Union fill the last gap.

The Europa League has no shortage of technology or money, nor does it lack R&D capabilities.

What they lack is low- and middle-end labor and cheap energy.

Industrial intelligence and biophotovoltaics have perfectly helped them solve their own problems.

It is too difficult to get the mainstream ethnic group to reproduce, and we are unwilling to introduce non-mainstream ethnic groups. Now, artificial intelligence can do the work for us. The same is true for China.

If industrial intelligence and biophotovoltaics pulled the Europa Union back from the brink of collapse, then the combination of the two will help America gradually escape from the dilemma of hollowing out.

It is too easy to make money in the financial industry. Compared with the financial industry, the manufacturing industry is at the bottom of the contempt chain.

It is precisely because the manufacturing industry is not profitable that America can reap the world's benefits through the financial industry.

Therefore, America only kept the most advanced manufacturing and military industries in its own country and diverted other manufacturing industries to the world, which was the beginning of industrial globalization.

I only hold shares, and I give you the technology and industry. If you do a good job, I will give you dividends. If you don't do a good job, then I will give away so much technology and industry. There will always be people who do a good job.

Those who do well will be able to obtain more technologies and industries that I distribute in the future.

China has enjoyed the most benefits in this process.

It is quick to make money, but there is no industry anymore. A large amount of manufacturing has flowed out, and the industry has become hollowed out.

In fact, if China did not exist, there would be no problem with this structure.

I disperse the industries across countries, and these countries need collective efforts to build a complete manufacturing industry.

At the same time, I am the leader of the martial arts world, and I command the world with the dragon-slaying sword in my hand (that is, military and financial hegemony).

The lack of local industries has resulted in only the service and financial sectors, which are not a problem.

But the problem is that there is China. China always wants to do everything. It is not enough to have industry, I also need technology. It is not enough to have technology, I also need to break through along the industrial chain.

I want to eat the piece of cake that the system didn't give me.

This led to China's manufacturing industry developing from nothing to something, from something to complete, and then from complete to partially strong.

The speed of development is so fast that it makes America panic. If it continues like this, it is questionable whether his dragon-slaying sword will be of any use.

Artificial intelligence and biophotovoltaics are also bringing manufacturing back to America.

Originally, they wanted to relocate the manufacturing industry to Mexico.

Now that artificial intelligence and biophotovoltaics have lowered costs and do not require much labor, they choose to put them directly back to their home country.

Let me say a few more words. In 2022, America will not only require its own semiconductor industry not to do business with Chinese companies.

Even Washington has privately hinted to companies other than its own semiconductor industry that there is no problem doing business with Chinese companies.

I know it's a bit difficult for you to decouple from Chinese companies now, and you can't do it, but it is you who provide money-making opportunities to Chinese companies. It is they who need you, not you who need them.

At the very least, you have to require Chinese companies that want to do business with you to have production bases overseas.

The above are two more representative organizations.

As for China, it has also been doing very well in recent years, having taken deep roots in Southeast Asia and upgrading its own manufacturing industry.

China is one of the best developing countries.

Even Goryeo was dragged into the water, and Goryeo's advantageous industries were basically taken over by China.

Because the import and export trade structures of Goryeo and China are basically the same, Goryeo used to rely on its technological advantages, and China had to import a large number of semiconductors and mechanical parts from Goryeo every year.

By 2039, the situation has reversed. China no longer needs to purchase from Goryeo, and even some of Goryeo's cutting-edge components have to be imported from China.

In the 2020s, the five countries with the largest trade deficits with China were:

Kangaroo country, Korea, Brazil, Japan and Switzerland.

Among them, Korea, Switzerland and Japan are the main ones that rely on exporting precision instruments, semiconductors, high-end materials, etc.

By the end of the 1930s, China had successfully achieved trade surpluses in all three countries.

Their reliance on high-end manufacturing has been reduced to almost zero.

As for the Kangaroo Country and Brazil, there is no way around it; they have to rely on each other in the field of raw materials.

The manufacturing industry can be solved through industrial upgrading, while the shortage of raw materials can only be solved through interstellar colonization.

After Zheng Li took over Lion City, in addition to the energy group and artificial intelligence company, he also established an aviation company.

This aviation company specializes in various types of aerospace fuels.

From the fuel level, or from the energy perspective, hydrogen energy has always been one of the mainstream directions chosen by Blue Star.

Although only Neon has persisted in investing in hydrogen energy.

Other countries are taking a two-pronged approach, investing primarily in lithium batteries, but also not giving up on investing in the hydrogen fuel cell technology route.

Neon is the type of country that is determined to go down this path and has invested a lot of resources in hydrogen fuel cells.

Hydrogen fuel cells, as aerospace energy, have higher energy density, lighter weight, longer range and faster turnaround time.

This undoubtedly sounds like a very promising technical route.

But why has this remained in the technical route of corporate research and development and not been implemented?

Many startups claim to be building aircraft powered by pure hydrogen fuel cells.

Startups like ZeroAvia, which plans to build 2024 to 10 passenger planes powered by hydrogen fuel cells by 20, have also received a $ million donation.

In fact, by 2024, no trace of it was seen.

Airbus has even declared that it will develop the world's first zero-emission commercial aircraft by 2035 using hydrogen fuel cell technology.

As a result, by 2039, this was just a plan. Not to mention its implementation, not even a laboratory product had been seen.

The biggest drawback of hydrogen fuel cells is the risk and the lack of a good way to store hydrogen on a large scale.

Because the biggest advantage of hydrogen is that it can be obtained from the lunar poles and delivered to LEO at a low cost.

If entering LEO from a transfer orbit using atmospheric braking, 25-30% of the water mined on the moon can be sent to LEO for use as propellant.

In this way, as long as a ferry with a reuse life of only 100 times is used, a propellant price of less than $50/kg can be achieved, which is much cheaper than sending it from the surface, thereby greatly reducing the cost of deep space logistics.

The first product of the newly established Space Group in Singapore is a comprehensive solution for hydrogen fuel cells.

This set of solutions and products has been sold to NASA and CNSA at the same time.

At the same time, the second product is a super fuel with extremely high combustion efficiency and energy efficiency ratio.

As for the second product, NASA and CNSA are currently working intensively to transform their space engines.

(End of this chapter)