Why is it better to be "China's Amazon" than "China's Tesla"?
|
Television will become the entrance to artificial intelligence, but LeTV is throwing away watermelons and picking up sesame seeds - it has pumped all the water to cars, but has neglected to build an ecosystem for smart TVs. Wang Yuquan said at the Chaos Research Institute. Whoever has video content + artificial intelligence + TV access will be the winner, which is why Amazon has the upper hand. LeTV could have been the Amazon of China, or even more powerful than Amazon, but it chose to be the Tesla of China. You know, Tesla is not that valuable, and Amazon has even begun to surpass Google. Speaker: Wang Yuquan , Founding Partner of Haiyin Capital. The following is the full text of the speech: We have always said that this era requires integration. It turns out that China is made up of two groups of people, one who fools around and the other who works hard. But in the future you will find that even the super-rich have to know how to fool people. If they can’t, they will lose opportunities and may even be overtaken by others. Jia Yueting is a liar. But at least the money he got from swindling people was actually invested in the industry, not in his own pocket. This is the biggest difference between him and the swindlers, who take the money they got from swindling people home. People have various controversies about Jia Yueting. Does he have any problems? Yes. His judgment on technology is biased. Jia Yueting was wrong. He didn't understand the laws of the future. What is Jia Yueting’s problem? I admire Jia Yueting for spending money on R&D. But have you noticed that if LeEco cuts off the car business, he will not be short of money. If you understand the future rules, you will find that if he cuts off the car business, the valuation will be higher. Why? In this round of artificial intelligence, who is doing the best in the United States? Amazon. Amazon was not considered a good IT company before. Google is great, Microsoft is great, and at least Facebook is great. What is Amazon? Amazon sells things - e-commerce. It’s just like the current level of computers. No one thinks Taobao will be better than Tencent. Everyone thinks that you are selling things. However, artificial intelligence requires training, and training requires data, and the data from applications is the most valuable. Amazon happens to have a large amount of application data. Another interesting thing about Amazon is that it is taking over the living room. The battle for entry into artificial intelligence is about to break out around the world this year. The focus of the battle for entry that the United States has found is correct in general, namely the so-called smart home. So far, there has been no breakthrough in smart home in 20 years. In 1995, Bill Gates wrote a book called "The Road Ahead". In it, there is a whole chapter on smart home. But it is not outdated at all today. Why? Because it is not implemented. The whole thing is wrong. Because I don't need to control the refrigerator, I don't need to control the washing machine, I don't need to start the rice cooker before I get home, but I need to control the TV. The only company in China that can call itself Amazon is LeTV, but now it is gone. Our current TV remote controls are not IT at all. Look at how many buttons they have. IT means at most two or three buttons, just like Steve Jobs, who only had one button. You will find that the ugliest appliance in your home is the TV remote control. It has countless buttons, you don't know how to use them, and it's easy to press the wrong button, and you still don't use it. So what's the one key that should be there? Voice input. In fact, some TVs have started to launch this feature. If you are used to voice input, you will find it very useful. Strong artificial intelligence is inferior to humans, while weak artificial intelligence is stronger than humans. This voice input function is called weak artificial intelligence. The scope of what you can search is limited. For anything within a limited scope, artificial intelligence is very good. I bought it and tried it myself, and it works very well. So now, TV will become the entrance to artificial intelligence, and it will slowly spread from TV to occupy smart homes. But what is the United States still playing with now? They are still playing with audio. Everyone is playing with audio. The only real necessity is television, a necessity for everyone. Don't think that you don't need television just because you are used to watching computers. When the TV reaches 60 to 70 inches, or even larger, the shocking effect is incomparable to that of PC. You will definitely like that experience. Moreover, the entry point for artificial intelligence is television, and television needs to have actual shopping behavior and even video content to support it before you can provide television services. Therefore, whoever has video content, plus AI integration, and even a TV portal, will be the winner. This is why Amazon has the upper hand. The only Chinese company that can claim to be Amazon was LeTV, but that no longer exists. LeTV may even be more powerful than Amazon because it also has LeTV Pictures and can premiere movies on TV. When your TV is this big, you don't have to go to the cinema. The TV sells the same tickets as the first release, you can watch it on demand at home, and you can invite friends to watch it at home. Why go to the cinema? LeEco meets all the requirements. At this time, it can position itself as "China's Amazon". We all know how much Baidu is worth as the "Google of China", but Google is being outstripped by Amazon. If you were the "Amazon of China", how much would you be worth? But you are the "Tesla of China", how much are you worth? Not that much, Tesla is not that much. So he picked up a sesame and lost a watermelon. And the sesame he picked up was an extremely heavy sesame, which required a huge amount of money, tens of billions or even hundreds of billions, to buy. If you understand the industry, you can do it with ease. This is why we need to understand the industry. If you understand the industry, you can make light of a huge task and tell a huge story without actually spending any money. The film industry is supposed to make money, LeTV TV is supposed to make money, and LeTV Video is losing money, but because of these things, they complement each other to form an ecosystem and can support each other. Now all the water has been pumped to the cars, which are a bottomless pit. Don't think that you can fill the pit with more than 10 billion dollars. Even more than 10 billion dollars can't fill the pit. Keep filling it. So it’s a pity. If Jia Yueting understood technology, he could stand on the stage today and say: I am the number one competitor in China’s artificial intelligence portal. The value of the artificial intelligence entrance is greater than that of the search entrance. As a winner of Toutiao's Qingyun Plan and Baijiahao's Bai+ Plan, the 2019 Baidu Digital Author of the Year, the Baijiahao's Most Popular Author in the Technology Field, the 2019 Sogou Technology and Culture Author, and the 2021 Baijiahao Quarterly Influential Creator, he has won many awards, including the 2013 Sohu Best Industry Media Person, the 2015 China New Media Entrepreneurship Competition Beijing Third Place, the 2015 Guangmang Experience Award, the 2015 China New Media Entrepreneurship Competition Finals Third Place, and the 2018 Baidu Dynamic Annual Powerful Celebrity. |
Recommend
How does Xiaohongshu do “community operations”?
This article will share from two aspects: Xiaohon...
With 3 million new users in 4 months, how to use data to drive the growth of mini programs?
This article shares specific cases of mini progra...
User operation and promotion of full network marketing
In the past, when companies were doing product ma...
In the next 10 years, which Internet vertical fields are most suitable for entrepreneurship?
[[155596]] I heard that the Internet is full of g...
Is it true that it will rain during Qingming Festival?
Audit expert: Zhan Mingjin PhD, Chinese Academy o...
Thales: The first person in the childhood of science丨Expand the scroll
Thales, an ancient Greek mathematician and philos...
4 lessons to accurately repair the abdomen after childbirth ~ lose weight quickly ~ avoid a big belly after childbirth
4 classes of postpartum abdominal precise repair ~...
400 billion times more powerful than the sun! The most intense optical ultraviolet flare in the universe "appears"
Using the Swift satellite ultraviolet optical tel...
After reviewing the Douyin data for the past 4 months, these contents are the most effective in increasing followers!
The increase in users brought about explosive gro...
Is Baidu Port Account better or Baidu Framework Account better?
Is Baidu Port Account better or Baidu Framework A...
Teach you step by step how to quickly analyze keyword reports?
In daily life, bidders are often jokingly called ...
"Road rage" causes traffic accidents! Please control your temper when traveling during the Spring Festival
“There are thousands of roads, but safety comes f...
How much does it cost to join a photography mini program in Tangshan?
How much does it cost to join a photography mini ...
New breakthrough! Iodine-powered spacecraft completes on-orbit testing
An engineering study published in the British jou...
Hu Tingting. How does Rob Fisher, a one-year mindfulness training consultant, achieve self-growth? Professional consulting skills improvement
Hu Tingting. How does Rob Fisher, a one-year mind...