Black technology: a super empire spanning two worlds

Chapter 107 [Conference Discussion]

If the stock price of Lingjing Technology falls sharply, this investor plans to increase his holdings significantly.

The company has core technology and is far ahead of the competition. The key is that Xiao Yu's character is very trustworthy. After all, even the so-called "scapegoat" of the company's legal person, Xiao Yu dares to take on the responsibility himself, which shows that he is truly responsible and dares to take responsibility. This also makes many retail investors, including him, dare to place heavy bets on Lingjing Technology.

After the closing, Lingjing Technology formed an extremely long upper shadow line and a large antenna at its historical high, and closed up +5.36% after the market to 34.57 yuan, with a market value of 30006.76 billion yuan. Today's daily trading volume was an unprecedented 1182 billion yuan, accounting for 47% of the trading volume of the ChiNext Index. Nearly half of the trading volume of the entire ChiNext came from Lingjing Technology.

This is also the first stock in the history of the A-share market to have a daily trading volume exceeding 100 billion yuan. Its huge capital siphoning effect has almost drained the liquidity of other GEM stocks, and many other GEM stocks have fallen badly.

Although he failed to rise for five consecutive days today, Xiao Yu still surpassed Elon Musk to become the new richest man in the world with his latest net worth of 1.53 trillion, equivalent to 2239 billion US dollars. He is also the first super-rich person in history to achieve this achievement before the age of 30.

Now the topic of Xiao Yu becoming the world's richest man has become a hot topic online, and everyone is discussing the unprecedented wealth myth he has created.

There are no updates on Xiao Yu's Weibo, but the comments section of a recent Weibo post is particularly active, and the latest comments are all various "congratulatory messages".

It is no exaggeration to say that Xiao Yu's popularity and discussion are at their peak right now, and no one can match him at the moment.

Regardless of whether the many discussions about Xiao Yu in the outside world were praising or derogatory, Xiao Yu himself did not pay attention to them. Instead, he calmed down and thought seriously about a problem.

This problem started with AI Xiaojing, including the introduction of more advanced technologies from the Blue Star World in the future. The problem is that advanced technological productivity will bring about efficiency improvements, but at the same time it will cause unemployment problems.

Many times, ideals are beautiful, but reality is often very bleak and will not evolve according to the ideal state.

In fact, Xiao Yu knew very well that the problems that his strategy of dividing AI Xiaojing into an expensive enterprise version and a cheap personal version could solve were very limited, because after sufficient social game, the cost and price of the game would eventually be passed on to the vulnerable groups.

Between enterprises and employees, there is no doubt that employees are the weaker party while enterprises are the stronger party.

Xiao Yu knew this but still wanted to push forward the strategy of high fees for the enterprise version and low fees for the personal version. His biggest goal was to be the first to seize the moral high ground and win the hearts of the people.

That afternoon, Xiao Yu came to the headquarters of Lingjing Technology Company and summoned Yun Shu, Xu Changming and other core executives of the company, including Wen Suqing.

Xiao Yu gathered these important people in a small meeting room in the company, then raised the questions that he had been thinking about for a long time and asked everyone present to participate in the research and discussion.

"In fact, Marxist economics has already told us that advanced productivity has brought about improved efficiency, but advanced productivity will always bring about unemployment." Fu Kang, who attended the meeting, was the first to speak up and express his views.

He first put forward this conclusion, and then gave an example: "Take the textile industry as an example. Over the past 1 years, the domestic textile industry has increased its production efficiency by more than times, but the number of textile workers has not increased, but decreased. You should know that the textile industry alone solved half of the employment at that time, but today it accounts for less than %."

Fu Kang added: "Because productivity has increased significantly and everything has been automated, we don't need so many people anymore. This is an objective fact."

Xiao Yu, who raised the question, now sat there without saying a word, listening quietly to other people's discussion.

At this time, Wen Suqing retorted: "I don't quite agree with Mr. Fu's opinion. It is a bit mechanical materialism. Take the automation of the textile industry as an example. Of course, there are fewer jobs directly engaged in the textile industry, but there are also new jobs in the research and development, production, maintenance of automated production equipment and the supply chain of these equipment."

"So the emergence of truly advanced productivity will indeed eliminate some low-end jobs, but it will also create some new jobs. The emergence of advanced productivity itself can liberate workers' labor intensity and allow industrial workers to be more like human beings and have more of their own lives."

When Fu Kang heard her opinion, he couldn't help but laugh and said, "I agree with Ms. Wen's opinion, but this is an ideal state, and my argument is based on reality. The reality is that this advanced productivity is not controlled by workers, but by capital and a few people."

At this point, Fu Kang looked around at everyone and added: "When advanced productivity is in the hands of capitalists, it becomes a tool to exploit workers under the pretext of reducing jobs. I do not deny that advanced productivity is wrong. Rejecting advanced productivity is rejecting the progress of science and technology and civilization, which is the road to self-destruction."

Fu Kang went on to say: “So what I want to express is that the fault lies not with the emergence of advanced productive forces, but with the people who master advanced productive forces, which leads to unemployment.”

After a pause, Fu Kang spoke again: "I am not flattering the boss, but we have to admit that bosses like Mr. Xiao who are willing to benefit the people are too rare. It is even inhumane, and it is also the most valuable thing."

"Take AI Xiaojing as an example. Advanced productivity is in the hands of a team like ours. As Ms. Wen said, it can liberate people's labor intensity and allow workers to have more of their own lives. Working hours will be reduced and they will have more time to spend at their own will, because we have not used the advanced productivity we have mastered as a powerful new tool for exploitation."

Then, Fu Kang changed the subject: "But if this advanced productivity is in the hands of capitalists, they will definitely lay off employees in order to maximize their profits, rather than reducing working hours. In addition, they will further siphon the scattered wealth at the bottom into the hands of a few people. The advancement of technology, the improvement of production efficiency and advanced productivity will become a weapon of exploitation."

Fu Kang finally added: "The current situation is that the macro mechanism of wealth distribution is the principle of 'not supporting idlers'. The emergence of advanced productivity will inevitably lead to the objective reality of increased unemployment and increased working hours. For example, the same output used to be completed by three people in three shifts in 24 hours, but now with the emergence of advanced productivity, one person can complete it in 12 hours. The overall working time has indeed shortened, but the individual working time has lengthened, and unemployment has also increased." Wen Suqing said: "That's not the case. If two people work four hours each and one person works eight hours, the cost of social security work efficiency may be twice the difference. If one person works, the salary will definitely increase, and because the production efficiency has increased, the product of labor will be sold at a lower price."

Hearing this, Fu Kang spread his hands and shrugged: "The problem is that I have become the one who was laid off. I have no income. I can't afford the product of my labor even if it is sold at a lower price, unless it is free."

Fu Kang went on to say: "This is just like how many people now long for housing prices to plummet, as if they can afford to buy a house if the prices fall. The fact is that if the housing prices are cut in half, they can no longer afford to buy a house, because the macroeconomic downturn caused by the housing price plunge will be transmitted to other industries, and their income will also be cut in half, or even directly lose their jobs and even their income. If the housing prices are cut in half again, they still can't afford to buy a house."

At this time, Yun Shu suddenly said, "In the final analysis, the crux of the problem lies in the current distribution mechanism."

Xu Changming, who had not spoken yet, immediately said, "Assistant Yun's words hit the nail on the head. After saying so much, the key to the problem actually lies in the word 'distribution', but I would like to extend it further and summarize it into three points: fairness, fairness, and fairness."

At this point, Xu Changming looked around at everyone and said, "But such a big question is not something that a private enterprise like us can answer."

Finally, everyone couldn't help but look at Xiao Yu, who had never spoken. In fact, everyone was wondering what Xiao Yu's intention was in calling them together to discuss this issue.

Xiao Yu looked at Xu Changming and smiled, "The question is very big, but we don't need to underestimate ourselves. The potential of Spirit Mirror Technology has not yet reached the point of true explosion. This is just the beginning. We will have to answer part of this question in the future. It is inevitable. Since we will have to answer it in the future, it is telling us that we should prepare for the exam now. Otherwise, how can we answer this question well in the future?"

Everyone present couldn't help but think about what Xiao Yu said.

At this time, Xu Changming looked at Xiao Yu and said with a smile: "I guess you are going to do something big again. Tell me what you want to do. We guys will definitely support you without a doubt."

Xu Changming, Fu Kang and other veterans who have worked with Xiao Yu for many years understand him and know that the great man's thoughts have had a great influence on Xiao Yu.

Moreover, the company's veteran members who are still here are because Xiao Yu is such a person and they agree with Xiao Yu's values. Those who have already left are also because Xiao Yu is such a person and they do not agree with Xiao Yu's values.

At this moment, Xiao Yu lowered his head and pondered in silence. He thought about the situation in the Blue Star world. The advanced technological productivity has become a tool for exploiting all living beings. Thinking of this made Xiao Yu more determined.

He doesn't want his home on Earth to follow the old path of Blue Star and become what Blue Star is today after he brings many of Blue Star's cutting-edge technologies to Earth in the future.

Finally, Xiao Yu looked up at everyone and said, "The problem lies in distribution, so let's start with distribution. I decided to set up a fund organization, let's call it 'HP Charity Fund'. This fund will only do one thing, which is to drive the later rich and ultimately achieve common prosperity. HP's target audience is the vast number of low-income people at the bottom of the society."

"Where does the money come from? We have siphoned off a huge amount of wealth through advanced scientific and technological productivity, and this wealth also gives us the right to distribute it. So we will distribute the huge amount of wealth we have siphoned off, and transfer about one-third of the company's profits to the HP Fund free of charge every year. It will be a virtuous cycle with both gathering and dispersing."

Wen Suqing, who was present at the meeting, was shocked when she heard what he said. She looked at Xiao Yu and said, "I need to remind you that I am not acting in the interests of Ruilian shareholders, but simply on my own behalf. Your approach is very risky. As an entrepreneur and a wealthy man, you don't love money, but you still spend money everywhere, especially on the poor. Someone will definitely use the story of 'Tian's replacement of Qi' to win people's hearts and minds to accuse you of this."

Hearing this, Xiao Yu smiled calmly and said slowly: "You can always find a pretext to accuse someone of a crime. If someone really wants to punish you, if I don't do this, they will say that I have too much wealth and incite people to hate the rich. Then they will focus the conflict on me and find a reason to ruin my reputation. In the end, they will just take my wealth for granted."

Xiao Yu spread his hands and said, "In that case, why don't I just go all in and give away my wealth now? This will prevent the enemy from having any chance to start from the beginning, and I won't end up in disgrace. If I get defeated because of this, I will be a hero, immortalized in the hearts of the people and in the annals of history, instead of being infamous as a notorious capitalist for eternity."

Fu Kang nodded and said, "I agree. Even from a practical point of view, doing so will allow us to always stand on the moral high ground, and it will be unbreakable. It is so correct that no one dares to openly oppose us and say that what we do is wrong. At most, they will do something behind the scenes. Moreover, no matter how much money we make in the future or how much technology we monopolize, the people will not only not scold us, but will firmly support our business to become more and more prosperous."

Xu Changming also agreed, "Indeed, no matter how much others smear, the public will not be easily led astray. It may be difficult to discern the deep-seated things at the moment, but as long as the public can get real benefits and practical benefits, it is better than anything else. This is a very simple truth. If I hear people say how bad Mr. Xiao is every day, and he spares no effort to help me when I am in trouble, and those who say bad things about him every day don't even look at me when I am in trouble, let alone help me, how stupid must I be to believe their lies?"

Fu Kang, Xiao Yu and others couldn't help but laugh when they heard it. Wen Suqing, who was present at the meeting, was speechless for a moment.

Fu Kang, Xu Changming and others all expressed their support for Xiao Yu's decision.

Xiao Yu was not surprised by their unhesitating support, because they all shared the same ideas and values. Different people had already left Lingjing Technology and parted ways over the years.

Once the issue of redistribution of the siphoned wealth has been established, we can safely bring the many advanced technological productive forces of the Blue Star world to Earth.

Finally, Wen Suqing looked at Xiao Yu curiously and asked, "I have a question. If that's the case, how do you ensure that the money is distributed to the poor and low-income people at the bottom, and not plundered by others? There will definitely be people pretending to be poor and coming in to share the money, and the amount will not be small. The current trend is that people are not ashamed of getting something for nothing, but rather take it for granted."

……

(End of this chapter)