My 1999

“For the fourth-level artificial intelligence system, we must first clarify the concept of ‘deep learning’.

Regarding deep learning, I won’t go into details. Due to time constraints, you can go back and understand for yourself.

Through ‘deep learning’, artificial intelligence will have powerful capabilities in professional fields.

For example, an artificial intelligence that specializes in Go has the ability to play against the world's top Go masters and win.

For another example, autonomous driving mentioned in many science fiction novels will appear.

Finally, the fifth level of artificial intelligence is the artificial intelligence in our imagination. For example, 'Doraemon' in a Japanese cartoon I watched when I was a child can understand people's intentions, understand jokes, and imagine. And artificial intelligence that empathizes with people.

Levels 1, 2, 3 and 4 of artificial intelligence will all be realized within twenty years, but I don’t know about level 5 general artificial intelligence.

As for why it is artificial intelligence rather than other hardware, it is because artificial intelligence can greatly liberate productivity and promote social change.

Of course, I also believe that by then, many experts and scholars will be afraid that "Terminator" will actually appear in front of us and protest against the development of artificial intelligence.

But the development of science and technology will not be based on human will. I believe that our generation will see the emergence of real artificial intelligence. "

After finishing speaking, Xu Liang put down the microphone in his hand.

After the entire auditorium was quiet for a moment, Xu Liang's confused eyes burst into applause.

Peter Elkind came over with excitement on his face, grabbed his hand and shook it hard.

"Mr. Xu, please allow me to take my hat off to you. Your understanding of artificial intelligence will redefine this industry."

"You flatter me."

Reed Hastings is also a science guy.

At this moment, he looked a little excited.

Whether it was the previous four eras or the current level 5 artificial intelligence, the man in front of him showed unparalleled talent and vision, which he deeply admired.

"Mr. Xu, this is my business card. I hope we can communicate with you frequently in the future."

Xu Liang smiled and nodded, took the business card and put it in his pocket.

At this point, the speech is almost over.

Xu Liang declined Peter Elkind's dinner invitation, arranged to meet Hastings the day after tomorrow, and left with his bodyguard.

Just when I was about to take a walk on Sand Hill Road, Teng Huaming called.

"Mr. Xu, the financing contract for Ideal Education has been basically finalized."

Xu Liang understood.

The financing for Ideal Education was originally supposed to be implemented in October, but it happened to be that Xu Liang wanted to divest the real estate business of New Dream, so it has been delayed until now.

"What's the valuation?"

"IDG and Yingke gave a price-to-earnings ratio valuation of 25 times. Combining Ideal Education's estimated net profit of 204 million Chinese dollars this year and its future development prospects, the valuation is 5.2 billion Chinese dollars.

IDG accounts for 6% and Yingke accounts for 4%. "

"10%? Isn't it 15%?"

“Ideal Education was developing very quickly and its valuation was higher than they expected, so they invested less.”

Xu Liang nodded.

IDG and Yingke are both VCs. Their funds are not as abundant as those of PE institutions. If the valuation is high, they will invest less.

"The contract is okay, just sign it."

"Um."

“The 520 million yuan in funding, plus Ideal Education’s own profits, should be enough for us to expand in first- and second-tier cities.”

"Yes. There is a high probability that this will be Ideal Education's only financing before it goes public." Teng Huaming said.

Without the constraints of the asset-heavy real estate business, whether it is a new dream or an ideal education, it will enter the fast lane of development.

"By the way, Mr. Xu. Things have turned around at the company headquarters. Qixing Huadian took the initiative to contact us and was willing to sell us the land in District 798A at a price of 500 yuan per square meter."

Xu Liang understood that Jiang Xiaoyang was exerting force inside.

"what do you think?"

"Although it is still a lot more expensive, it is acceptable. After all, the renovation of District 798A is more convenient and saves relocation time. More importantly, we can save funds to support the expansion of New Dream."

Most of the money originally planned to purchase commercial land and build the New Dream headquarters can be used to continue investing.

"Then do what you want." Xu Liang said.

"good."

After a brief chat, Xu Liang hung up the phone.

After walking around the sand dune road, it can be valued by venture capital companies who are not short of money. The greenery and environment here are indeed excellent.

Every venture capital headquarters looks like a manor surrounded by greenery.

Of course, there are also properties for rent. The Nasdaq crisis affects not only Internet companies, but also venture capital investment in major Internet companies.

Unfortunately, most properties are not large enough to meet his requirements.

Just when he was about to give up, a majestic building that couldn't even be blocked by the tall oak trees came into view.

It has a dark red exterior wall and is not an outstanding design.

A solid masonry structure rather than a crude log cabin.

It is two stories high and has an underground garage.

The door was closed and there was an advertisement for rent posted on it.

Xu Liang silently wrote down the phone number above.

Hanhua Capital entered the US market and needed an office.

"Let's go back to the hotel."

——

What Xu Liang didn't know was that the content of his speech was spreading rapidly and would soon attract the attention of the entire Internet industry and academia.

The next day I drove to Sina North America Branch in Palo Alto.

After the merger of Sitong Lifang and Huayuan Information, the latter's companies in Wanwan and North America were also integrated together and became Sina North America and Sina Wanwan branches.

Sina Wanwan has been integrated with Hongmeng’s Naver portal.

Since there is no Hongmeng business in North America, it still maintains its original scale.

However, the number of overseas Chinese in North America is only a few million, so there are not many people in the Sina branch, and the total number of people does not exceed 30.

After walking around for a while, we arrived at the office of branch manager Lu Xiaobo.

The place is not big, only about thirty square meters in total.

He waved to Lu Xiaobo to sit down.

“From now on, this will be the American subsidiary of Hongmeng Company.”

Lu Xiaobo was overjoyed. Hongmeng was much stronger than Sina.

Now many media, including American media, rank Hongmeng, Yahoo, eBay, and Amazon as the world's top Internet companies. They are also the only non-American companies in the Internet industry.

Working for such a company gives you a much better status than Sina.

"Don't be too happy. At this stage, the United States is not the focus of the company's business. In addition to Sina's original business, Hongmeng Games and Hongmeng Music have entered the United States for promotion.

Other businesses will depend on the situation. "

Hongmeng Games is just that, Hongmeng Music will most likely be very difficult.

Now that the United States is officially cracking down on online music, Napster, which has more than 60 million users, is almost killed by them.

However, Xu Liang still planned to explore the way.

First win over Chinese users in North America, lay the foundation, and then try to grow.

"yes."

Lu Xiaobo nodded quickly.

Xu Liang didn't say anything more. He didn't know Lu Xiaobo well. Therefore, first use the game business and music business as a test. If he can develop well in the next few years, then continue to increase the burden.

If that doesn't work, he'll replace him.

U.S. business is not important at this stage, but it will be in the future.

It is the key direction of Hongmeng's business expansion, but it is not capable enough and cannot afford it.

Dong Dong…….

There was a rapid knock on the door.

"Come in."

Lu Hui opened the door and walked in.

"Mr. Xu, the Internet is full of news about your Stanford speech."

Xu Liang expected that his remarks would cause some controversy. After all, his views were too advanced.

"Mr. Lu, can you use your computer?"

"certainly."

Lu Xiaobo quickly turned on his computer.

Yahoo's homepage is an eye-catching headline.

"Genius's Rhapsody!" 》

The accompanying photo is a snapshot of his speech at Stanford.

Xu Liang clicked on it and took a look. The content was basically a description of the content of his speech, and the evaluation was relatively positive.

"Are there any other news sites?"

"have."

Lu Xiaobo nodded and opened AOL.

"Amazing Judgment, Genius from the East." 》

Then came "Silicon Valley News" - "The New Theory of the Eastern Magician: Four Internet Ages and Five Levels of Artificial Intelligence."

I looked through other media and found that, like many news stories, there are always strange voices in positive reports.

For example, the famous "New York Times".

“Many people have been talking about Liang Xu’s speech at Stanford University recently.

It is undeniable that he is a successful entrepreneur and has extraordinary talents in financial investment.

But this does not mean that he can ‘dictate’ the future of the Internet industry.

The so-called portal era and PC era are artificially divided concepts. I don't see any difference between these two eras. Isn’t the Internet media in the portal era other than personal computers?

Let’s talk about the mobile era. Now the concept of 3G has been popularized, and many countries are promoting mobile Internet. This is not a new concept.

Liang Xu just moved him into his own theory.

Finally, in the era of artificial intelligence, Liang Xu wisely chose a future concept that no one can say is wrong. I can also say that the future is the era of virtual reality, or the era of wearable devices, and no one will think that I am wrong.

As for the analysis of level five artificial intelligence, it is just an upgraded version of the existing simple artificial intelligence. It reminds me of science fiction novels such as "Twenty Thousand Leagues Under the Sea" and "The Nautilus" by Jules Verne.

They are all wild fantasies based on a certain reality and are not qualified to become scientific theories. "

————Senior commentator Rick Gordon’s special report on “Boring Eastern Delusions, Baseless Assertions”.

"Mr. Xu, this person is talking nonsense, we should sue them." Lu Hui said angrily.

Xu Liang shook his head, "That's not necessary. He probably wants us to sue him so that he can become famous."

He paused and turned his head.

"Mr. Lu, the company will leave it to you. The headquarters will send people over to help you connect the system."

"Please rest assured, I will manage the company well."

Xu Liang nodded and asked Lu Hui to leave.