I am the only one who practices magic: I practice magic in the city

Chapter 369 Vision (2300)

No matter how big of a mouth Luo Ziming has, he's not stupid enough to let something slip about something like this.

No matter what, Luo Ziming was admitted to the national university with a score of 645 in the college entrance examination. In their small city, he was not only a standout among the flock, but also a outstanding tree among the trees.

It is certainly not advisable to focus only on scores, but it cannot be denied that among people who are good at studying, a considerable number of them can also do well in other things that require brains.

At least among the big mouths, Luo Ziming is definitely considered to have brains.

Fang Yu used the first-level spell "Speak Your Mind" from the School of Enchanting to slightly influence Luo Ziming, and took the initiative to expose the connection between Youzi Technology and the 404 Fund.

This connection is obvious and cannot withstand scrutiny.

BlackRock didn't know about this before, it was just that 404 was too small to be worth paying attention to.

Besides, Fang Yu didn't care that BlackRock knew this.

So what if you know?
Fang Daqiang had taught Fang Yu before that as long as you don't admit it, other people's speculations will always be speculations. Even if there is solid evidence, you have to deny it. When you become strong, there will be great scholars to debate for you, and then you will naturally turn the tables.

Therefore, as long as this company has nothing to do with Fang Yu on the surface, then under the temptation of the Woking system, BlackRock is very likely to swallow this poison bait.

Any "collection of people" cannot be a monolithic entity, and BlackRock is also a "collection of people."

Among these people, there are those who firmly resist Youzi Technology, and there must be those who cannot resist the temptation and think that 404 has nothing to do with Youzi Technology and they can take 404 into their pockets.

The bigger the industry, the more they can appreciate the power of the Woking system.

No one can resist such temptation. Even if BlackRock suspects there may be problems behind the Woking system, it is impossible to refuse it.

Because even if you don't want it, it will die anyway, it's just waiting to die.

An AI system that is far ahead in the field of risk models. If BlackRock does not use it, Morgan Stanley will. If Morgan Stanley does not use it, Vanguard will.

Vanguard doesn't use it, and neither do all Wall Street companies. Saudi Aramco, Temasek, Chow Tai Fook, Mitsui, Prussian Bank, Bharat Tata...all non-Malaysian capitals will use it as well.

And capital is profit-seeking.

Capital will gather where the risk is low and the return is high. This is an objective law that cannot be changed by human will.

This is also one of the reasons why BlackRock's Aladdin system was able to sweep large-scale financial institutions around the world in just a few years.

Of course, people can also violate objective laws as long as they bear the corresponding price, and this price is often more serious than the harm caused by objective laws.

Capital stays in BlackRock because BlackRock can provide them with capital growth under low risk. If there is another option with lower risk and higher returns, they don't mind abandoning BlackRock, Vanguard and State Street to embrace these more stable investment paths.

Fang Yu can certainly control the Woking system, make a lot of money, and even replace BlackRock to become the capital Leviathan of this world.

But what does this mean to him?

By then, he will become the protagonist of all urban legends and conspiracy theories, and the mastermind behind the world that is passed down by word of mouth in online novels.

Although what he said was true, what he wanted to do was not something that a single company like Youzi Technology could accomplish.

If the Woking system could replace the current position of the Aladdin system, and even infiltrate all investment banks and financial companies, then all the wealth in the world could be truly mobilized to complete Fang Yu's own plan.

When the Woking system completely replaces the Aladdin system, will BlackRock still be BlackRock?
The black box problem of AI decision-making cannot be solved by anyone else. Only by relying on Yuzu to go deep into the big model can we know the specific reasons for its decision.

However, Fang Yu did consider that if he copied the current 3 trillion parameter Orange model or Woking system to his own synaptic connection, he should be able to figure out the thinking process of the large model through introspection.

Others obviously do not have this ability, so when the Woking system makes some decisions that are actually biased but seemingly fair, users cannot tell whether this is a decision made by the big model based on actual conditions or an answer based on some unknown factors.

After replacing Aladdin with the Woking system, just like BlackRock, with a little guidance through the system, you can direct these tens of trillions of dollars to the sectors you want to develop.

BlackRock's ESG is an open conspiracy. If listed companies want to get investment and if suppliers of listed companies want to get business, they have to engage in ESG. Fang Yu's Woking system is also an open conspiracy. The liquidity of capital is limited. If you don't use it, then the capital will naturally flow to the side that uses it.

Then, these companies can only use it.

Even if they don't open the Woking system themselves, these capital Leviathans will find ways to open it themselves.

Instead of letting himself and Si Lingsi become the focus, it would be better to parasitize into Blackrock's body and let Blackrock attract the firepower.

What's more, we have Jiang Nanzhen, the angel of desire, as a double insurance.

BlackRock will inevitably become a parasite of Si Lingsi.

This is the true way of giving back to others.

"The Hartford Fund intends to subscribe to Fund No. 1000 for million Malaysian dollars."

"Proposed to subscribe to Fund No. 450, million Malaysian dollars."

“Morning Sun Capital Management intends to subscribe to Fund 500 for 500 million Malaysian dollars, Fund 800 for million Malaysian dollars, and Fund for million Malaysian dollars.”

"Foresight intends to subscribe to..."

"Sorry, sorry, the subscription quota is full. Please leave your contact information. We will first communicate with the customers who have expressed their intention to subscribe. If anyone withdraws, we will contact you. Is that okay?"

"Sorry, sorry"

……

Just seconds after Robert Capito announced that BlackRock intended to subscribe to 20% of the three funds launched by 404, Hengfeng Asset Management followed suit and announced that it intended to subscribe to 20 million US dollars of 404 fund products.

With someone taking the lead, the atmosphere on the scene began to gradually heat up. I don’t know when it started, but almost all the asset management companies in the venue began to participate in the bidding.

The atmosphere at the scene was almost crazy.

The wealth magic "Shopaholic" cast by Shenghuan is enough to make these Wall Street elites who usually mistake cold-bloodedness for calmness and greed for ambition even more crazy.

In this frenetic atmosphere, no one noticed that Fang Yu's toes were already several inches in the air, with his arms outstretched and his eyes slightly closed. The surging magic network energy and life source around him even caused a silent whirlwind to blow in the Schubert conference room.

And above the Marriott Marquis in Manhattan, a cloud vortex with a radius of nearly ten kilometers appeared, covering almost the entire Manhattan and part of Brooklyn and New Jersey.

At 4:30 in the afternoon on the streets of Manhattan, countless people stopped, looked at the sky in surprise, and took out their mobile phones to take pictures and videos.

What's going on here?
ASF again?
It's endless, right?
You can always bring trouble to Manhattan, right?
However, this phenomenon does not seem to be man-made, but more like some unknown natural phenomenon.

Just as everyone was looking up at the sky curiously, a bright white beam of light dropped from the center of the swirling cloud and hit the Manhattan Marriott Marquis Hotel right on the spot!
Almost all the onlookers who were staring at the clouds lost their eyesight instantly under the bright white light. It took them two or three minutes to fully recover their vision. Even pedestrians wearing sunglasses were no exception!
"Holy shit!"

"What the hell is this!"

Screams echoed across the streets of Manhattan.

The protagonist is finally going to be upgraded to an intermediate magician!

I drove my child to BJ for medical treatment at four in the morning, and just got home at ten in the evening. I hurriedly wrote a chapter and posted it first to ensure my attendance. I will continue writing the second chapter.

At the end of 2015, the total amount of funds under custody in the Aladdin system reached 15 trillion US dollars. This was the last time that BlackRock released data on the total amount of funds under custody in the Aladdin system. It is generally estimated that the amount of funds under custody in the Aladdin system should be around 25 trillion US dollars.

The reason why BlackRock did not release the 2017 Aladdin system fund custody data in 2016 was that due to a number of black swan events in 2016, global funds fled to risks and more funds entered the Aladdin system. The sales of the Aladdin system skyrocketed that year. According to a rough estimate based on sales, the Aladdin system may have added more than US$ trillion in funds that year alone.

In the same year, BlackRock also began to be exposed. Since 2017, BlackRock has replaced Goldman Sachs and become the protagonist of many conspiracy theories. This may be the reason why BlackRock no longer publishes specific data.

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(End of this chapter)