Overbearing Immortal Doctor Chapter 1755 - 1854: Opportunity to Overtake

"Leader, are you saying..."

Shanghai’s top official nearby was asking, and Great Leader nodded: "Yes, next, let’s make a great effort

to develop the internet! And also, that mobile internet needs to be quickly implemented. After this meeting ends,

let’s properly discuss with Su Zhe because this person is truly talented.

This is a crucial step, and if done right, it could be our chance to overtake others on the snowy path.

Every industrial revolution is a major reshuffle!

The first industrial revolution helped Britain stand out and become the Sun Never Sets Empire; the second industrial

revolution created Germany and Japan’s rise, with Europe and America benefiting even more!

America became the world leader in the second industrial revolution, while China made no significant moves, and the Qing Dynasty’s isolation led to China’s

economic absolute retreat. For this third one, China must seize the opportunity no matter what, and now,

is the best time to do so.

At the podium, Su Zhe’s speech had ended, but everyone felt a bit unsatisfied because he didn’t really say anything.

The last sentence saying the internet is just the beginning left many waiting for Su Zhe to elaborate further, but

he... suddenly stopped speaking, as if placing a fruit in front of them that they couldn’t taste, feeling so frustrated they almost coughed up blood!

"Mr. Su, are you... done speaking?"

Finance host Ye Tan also asked with some surprise, along with entrepreneurs on stage looking at him, Bill

Gates smilingly signaled Su Xi to continue speaking.

Su Zhe shrugged: "I just gave a speech. Next, we have the roundtable meeting where everyone can bring up

great topics, right?

If I were to say it all, what would be the point of the wealth forum?"

Su Zhe laughed, and many in attendance laughed too.

"Okay, now that two renowned entrepreneurs have given us a wonderful segment about the future

economic trends, I believe many are already eager to start!" Ye Tan looked at everyone present,

while Nina Easton also gave a professional smile: "Let’s begin the first theme of today’s roundtable discussion—Internet and the Real Economy."

"Just now, Mr. Su and Mr. Welch each explained the differences between these two economies, but

is there anyone else on stage who has other opinions?"

Nina glanced at everyone sitting there, and Citibank’s CEO Michael Reed took the microphone.

This roundtable discussion employs a very open discussion mode where people can speak freely. The twenty

entrepreneurs on stage can all express their views and help bring up various topics.

After discussing halfway, other entrepreneurs from below can compete to speak. This is the discussion

format for the morning, while in the afternoon, there will be small roundtable meetings with not as many as 20 people, usually 3-5 people

on stage, and the host is responsible for interacting with diverse topics. Those interested simply sit at those

areas, divided by regions, which is pretty much the difference between a big roundtable and a small roundtable.

Since the wealth forum just started today, the morning meeting is quite important, which is the big

roundtable meeting now!

Countless reporters were taking photos, media agencies from around the world standing along the sides, securing the best possible spot.

"Just now, Mr. Su talked about an economic profit model for the internet."

"Personally, I’m quite interested, but from what he just said, whether it’s online shopping or

online knowledge payment, they all cannot escape the concept of payment."

So, I wonder, does Mr. Su have any solutions for this?

Michael Reed has always been a senior figure in the global financial test, serving as the CEO of America’s

first bank Citibank since 1980, maintaining this position for 15 years. His question is actually something

many there also want to know. The internet economy is often seen as a bubble because of its economic benefits, its

minimal connection to reality, even portal sites mainly rely on advertising

profit, and its impact on the real-world financial system is almost negligible. But if it’s truly as Su Zhe described,

then surely online payment will have a profound impact on the real financial system. Su Zhe had already sat down.

He sat beside Michael Reed: "The difficulty of online payment isn’t users or the internet, but rather you banks."

"If banks can open the payment channels, allowing bank cards to be operated online for payment,

then everything else can come together naturally!"

"And currently, our internet can only recharge through card points, retail, and other methods, which is quite

tedious. How about the security?"

Goldman Sachs’s CEO Sydney Wenberger continued asking.

"Security can be spearheaded by the government, establishing mutual trust channels between websites and banks, and this segment

of payment licenses and certification isn’t difficult. Online transactions are possible, so why can’t online payments be done?"

His words left several finance experts there speechless; it turned out to be that simple, yet they hadn’t thought of it?

Meanwhile, Su Zhe’s associates Ren Dafei, Liu Chuan A-zhi, and others didn’t have any chance to speak because what Su Zhe

discussed pertained to internet-related scopes, which were not their areas of expertise. Would users buy? Like in online shopping?

Jack Welch finally began to speak, genuinely curious, and everyone perked up their ears

to hear what Su Zhe would say because compared to online payment, shopping seemed harder. It not only

involved payment but also included the user purchasing stage, of course.

Su Zhe remained composed, after witnessing the craze of online shopping from the latter generations, he was undoubtedly

the most qualified to ask why users wouldn’t buy?

Su Zhe posed a sharp counter-question: "Online shopping eliminates store rent and intermediate

agency stages, only needing direct connection with manufacturers, and... one can receive the purchased items without leaving the house,

isn’t that more convenient and faster than physical shopping?"

"Like Welch, who must be very busy, but if you want to buy an LV belt, you either have your assistant or wife buy it, or go to the shop yourself and try it!"

"But if a cheaper LV belt was displayed online with LV’s company authorization, would you order

immediately?"

"This way you won’t need to trouble your assistant or wife, nor would you need to go to the shop yourself,

just knowing your waist size will allow you to order straight away."

"Also, there are more varieties online, since shops can’t accommodate many limited edition items, but online can since

all it takes is a picture."

Su Zhe explained very clearly, and Welch’s expression... completely changed to shock. He found

himself, seemingly persuaded by Su Zhe.

Indeed, in the face of such perfect and fast online shopping, he seemed to have no reason to doubt the internet’s ability to revolutionize real life.

Just shopping alone opened his eyes wide.

Movies, books, music...all these elements impacting public life entertainment can be realized online, experiencing at home anything previously needing to venture out.

Welch was somewhat swayed.

He even internally began to believe Su Zhe’s statement that the internet is the third industrial revolution because

this could indeed change the world, transform everyone’s life concepts!

There’s a certain quiet on the stage, everyone immersed in the wonderful internet shopping atmosphere Su Zhe created.

Gradually accepting the words Su Zhe just spoke until Bill Gates’s speech.

"Mr. Su, could you introduce the profit model for instant messaging?"

This is what Bill Gates most eagerly awaited an answer to.