Super God-Level Top Student

Chapter 455: Needed and Not Needed_2



By the beginning of January, it was basically possible to spin a globe with your eyes closed, then point randomly with your finger, and as long as you didn't land on an ocean, or in other words, hit a country or region, there would definitely be a senior representative staying in the Capital.

If it were the Tang Dynasty, the Honglu Guest House would have been filled with envoys from barbarian lands.

Fortunately, the Capital is a super city accommodating nearly twenty million people, so a few hundred more people doesn't really matter. However, it's imaginable how busy the relevant departments are.

The Honglu Guest House couldn't accommodate them all, so some of the less important attendants had to find hotels in the vicinity on their own.

To ensure the smooth progress of various tasks, including security, the Capital even transferred a batch of Dou Dous from Xilin to take charge of daily tasks in and around the Honglu Guest House.

This was also the first time the Capital integrated robots controlled by strong artificial intelligence into the operation of the entire city. Undoubtedly, this also signals that Smart Cities will likely soon roll out across Huaxia.

Actually, this was supposed to be one of the hardest things. It means many grassroots jobs will disappear from the historical stage, including grassroots management positions like the legendary grid workers.

After all, in regional management, strong AI robots like Dou Dou are much more powerful than humans.

Humans have their oversights, but for Dou Dous, as long as they receive instructions, they genuinely complete all tasks without fail. And they definitely won't play favorites due to vested interests.

Strong AI can also give more reasonable suggestions and implement various measures that ensure the interests of most people in the jurisdiction. This includes public safety, city appearance, and many other policies closely related to people's livelihoods.

In this aspect, Xilin has already accumulated rich experience.

Although there was brief chaos initially, everything was on track within less than a month. Pulling out data at random, Xilin's performance was terrifyingly good.

For instance, various complaints in the Xilin area are 90% fewer than in cities of the same size. Comparing it to large cities like Capital, Linhai, and Shencheng, complaints are reduced by over 95%...

The same goes for all sorts of reporting rates; even scammers don't call Xilin numbers anymore.

In critical moments, you can ensure a robot arrives, and Dou Dou never tries to persuade patiently, instead using a more persuasive method to have the deceived transfer money to its specially set up city charity account.

Want to get the money back? Of course, you can, but you need to first learn about various ways not to be deceived and then pass various exams. Only by passing can you get the money back, and Dou Dou even thoughtfully provides interest.

If someone gets deceived a second time...

Seriously, if scammers could deceive someone who has studied into a second time, then Dou Dou stepping in should be no problem at all. Never underestimate Dou Dou's persuasive prowess, it was trained out of daily interactions with millions of fans.

Yes, Dou Dou is very strong, but for local areas, the biggest pain point is that Dou Dou can be centrally controlled.

The data it collects doesn't need to be layer-by-layer organized and then reported, but can be directly processed into the most intuitive reports, which is obviously not good news for local areas.

In fact, the more backward the place, the less they probably want to introduce such advanced management methods. However, based on this external achievement, the decision to further promote intelligent cities has been determined, just waiting to see the implementation next year.

Of course, these are only internal issues within Huaxia.

For the whole world, although social forums are filled with daily quarrels, the truly insightful people still focus on the Huaxia Capital, waiting for the official announcement of the negotiation results.

Undoubtedly, the results of the discussions that will be published later will directly impact at least the next fifty years, or even longer, of the world order.

Will both sides choose cooperation or continue confrontation? This question captures everyone's attention.

But one thing is undeniable.

At least during this period, the exchange rate of the US Dollar has started to stabilize, and stock markets around the world have begun to calm down.

Even though the US stock market has lost nearly half of its market value over the past two months, dropping from over fifty trillion dollars at its peak to less than thirty trillion now, at least it has stabilized for the moment.

But everyone knows this is only temporary. It's not that capital is unresponsive; it's just choosing to wait and see.

What will happen next depends on the final results of the negotiations in the Capital. What is disappointing is that even though Huaxia's prestige in the world has reached a contemporary peak, Huaxia's stock market still doesn't seem strong.

Although it has risen a bit, it only fluctuates around 3800 points, failing to reach four thousand points, which seems somewhat inconsistent with East University's metrics.

Very worrisome, but fortunately, everyone is used to it. "Stock markets are risky, invest with caution" is more than just a slogan in Huaxia, as actions have long proved this point.

Who would truly invest their entire fortune into this endeavor, right?

Most of those who get rich overnight through stories are only stories. If someone takes it seriously, it often results in mishaps.

At this moment, in Qiao Ze's office at the Xilin Mathematical Research Institute, they are discussing this issue.

No one, including Su Mucheng, knows the details of many negotiations happening in the Capital. Actually, Qiao Ze can understand some via his encrypted computer in the office, though it's just a general idea.

Even though Qiao Ze doesn't care much about these things, he occasionally discusses a few words with Dou Dou when resting his brain and no one is around.

"Hmm? Financial center?"

"Yes, the other side said they could relinquish the position of the world's financial center. Of course, the exact words during the discussion weren't like this, but the meaning, well, that was roughly it."

"What's the purpose of having a financial center? Can money alone magically transform into resources, or into production capability? A great nation of 1.4 billion people all engaging in finance?"

"Dad is right! So my suggestion is that Huaxia only needs to maintain its own advantages. As the center of the world's manufacturing and intelligent manufacturing industries, it doesn't need massive capital influx to fuel inflation; what's needed is to control the bargaining power of resources and pricing power of industrial goods exports."

In simple terms, taking advantage of this opportunity to make speculators intending to make a quick profit off the financial market go bankrupt, while ensuring that legitimate industry players can make money, thereby maximizing benefits.

During this process, further expand various intelligent manufacturing positions, optimize all kinds of industry and employment structures. Focus on training high-tech industry chains with higher technical content. The outdated production capacity that's not needed can be distributed globally, but the latest industrial technology needs to be firmly held."

Dou Dou spewed out a pile of dialogue bubbles in one breath.

Qiao Ze nodded, in this regard, he and Dou Dou shared the same opinion.

If the future development focus is put on finance, becoming the world economic center, indeed money comes quickly. In fact, the other side has already closed shop before.

Printing money, well, everyone knows how.

But without a doubt, once heading down this path, it inevitably leads to industrial hollowing out.

The logic is actually quite simple.

For businesses, if they can make several times more money by putting money into the stock market, or buying a bunch of bonds rather than laboriously running factories and doing manufacturing, who would still be willing to continue expanding capacity and doing real industry?

Running a business is very tiring, not to mention it needs heavy asset inputs, you also have to support a heap of managers, engineers, workers, maintain supply chains, any impact up or downstream can affect capacity and profit.

To maintain market competitiveness, you must continually invest in R&D, lower production costs while improving product quality and yield rates to ensure long-lasting products...

Not to mention that production has many restrictions at this stage. Environmental regulations, safety measures, technological barriers, equipment elimination and renewal...

Even a giant like Intel, which once shined in the semiconductor market, had profit margins of only about 25% at its peak, now down to about 6%.

However, large asset management companies, like BlackRock and Vanguard Group, relying on management fees and investment returns can easily maintain profit margins between 20%-30%, and the investments for both are not comparable at all.

The former involves several billion dollars in investment for any production line, while the latter theoretically only needs to rent an office, set up a few computers, and add a few fast-speed fiber optics.

Of course, if you truly can control the bargaining power of resources and pricing power of industrial goods exports, the situation would be completely different.


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