Overbearing Immortal Doctor Chapter 1756 - 1855: Look Forward to It

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Previously on Overbearing Immortal Doctor...
The Great Leader and Shanghai officials discuss the importance of developing the internet and mobile internet as a crucial step for China to overtake other nations in the third industrial revolution. At a wealth forum, Su Zhe concludes his speech, leaving attendees wanting more. During a roundtable discussion, Su Zhe addresses questions about online payment and shopping, explaining how they can revolutionize the real economy by eliminating intermediaries and offering greater convenience. His arguments, particularly concerning online shopping, deeply impress industry leaders like Jack Welch, making them believe the internet could indeed be a world-changing force.

Instant Messaging

Azhe Su looked at Bill Gates with a bit of amusement, and Bill was actually unnerved by that look from Su Shi.

This guy is not here with friendly intentions!

Azhe Su narrowed his eyes slightly, but still said, "You’ll see it soon, it shouldn’t take too long."

Azhe Su didn’t directly answer Bill Gates’ question. "At most, no more than one month. In North America, our Pengu—

in will also launch a new version. Mr. Gates, you can look forward to it."

Bill Gates’ expression instantly turned grave.

He had been hoping to hear a clear answer from Azhe Su, but what he got instead was a sentence that made his heart tighten.

MSN has been in the instant messaging field for almost two months now, and the results have been quite encouraging.

As for QQ in the North American market, Bill Gates had basically never taken it seriously.

Right now MSN is definitely the global leader in instant messaging.

But after listening to Azhe Su’s speech today, he suddenly had the same feeling as when he first met Jobs back then. This

young man is anything but simple; he will become a strong rival to Microsoft. His understanding and depth

of the internet even made Bill Gates feel somewhat inferior.

QQ may look lukewarm in North America at the moment, its users haven’t even broken the ten million mark,

and it seems like just another obscure program—but Bill Gates suddenly felt that this software might become very different in the future.

This was purely his business intuition, just like when Apple released the Macintosh and its revolutionary

graphical user interface software; Bill Gates had foreseen it as a disruption to the era of electric typewriters.

He directly stole Jobs’ ideas and released Windows in ’85, and when Jobs found out he exploded with rage,

and his relationship with Bill Gates broke down from then on—the two became enemies.

Azhe Su knew this grudge very clearly, so the moment Bill Gates asked that question, he knew what the other side was thinking.

When it comes to copying, Bill Gates can be said to be at a professional level.

How could he possibly tell his competitor how instant messaging makes money?!

Not digging a pit for him was already being kind.

After that, the American entrepreneurs present began firing off questions one after another, and the atmosphere at the roundtable

was extremely heated.

Azhe Su basically responded move for move, without going into too much detail, yet he still left countless people

shocked.

In Azhe Su’s narration, the internet became the most dazzling industry of the future, which was something

no one had expected—but will it really become that kind of industry?

Those who had been skeptical at first also started to ponder deeply the series of future scenarios Azhe Su described: online shopping,

surfing the web, buying movie tickets online, purchasing various kinds of intellectual property... Li Jiacheng, who had been sitting quietly listening

and reflecting, felt his original hesitation about his own group’s next stage of development start to loosen up.

Cheung Kong Holdings had always wanted to build a portal website in Xiang River, targeting local users, and it had already

entered a confidential internal testing phase. But this was a project driven by Li Zeju, and Old Li had never taken it very seriously.

Now he felt he should really reassess this project. If it truly turns out like what Azhe Su described, then this future internet

will definitely have tremendous potential. In my view, the internet bubble does exist, because up to now, among the listed companies,

not a single one’s profits have met market expectations!

Their rising stock prices are also due to speculative buying and malicious speculation by venture capital firms!

Of course, that’s the widespread use of venture capital at work—it’s created a seemingly infinitely beautiful

incubator for everyone, which has led these companies to abandon standard business models and break through the bottom line of traditional models. In my view,

this is misleading the entire internet environment.

"Personally, I will not let my internet company go public this quickly—at least not

before it has created sufficient profit. Tencent Company will not go public."

"I want investors around the world to witness the arrival of a genuine era of internet profitability, rather than what we have now—

faking a kind of illusory prosperity by relying on portal traffic."

"That’s all I have to say about the internet."

Azhe Su wrapped up this round of discussion about the internet and the real economy with that, and his concluding remarks

won the agreement of everyone present, including Jack Welch, who had initially looked down on him. In the venue and offstage,

thunderous applause broke out once again.

"You are right, Mr. Azhe Su!"

"You’ve clearly laid out the advantages of the internet for all of us, and you’ve also pointed out the risks we’re facing now.

My earlier judgment was indeed too narrow!"

Jack Welch bowed to Azhe Su, which caused quite a stir among everyone present. After all, this

was Jack Welch, hailed as the world’s number one CEO. His aura at the beginning had been overwhelmingly aggressive,

and everyone could see his disdain and disgust for the internet.

But now, he had suddenly changed his attitude, making everyone feel

a sense of unreality.

"My initial view was the same as what Mr. Azhe Su just stated—that investment banks and venture capital

firms are maliciously manipulating and distorting the market, causing tremendous damage to the real economy. But if the future internet

really develops the way Mr. Azhe Su described, that will be an integration

of the real economy and the internet economy, and that will benefit all industries!"

Jack Welch was not a stubborn man.

The reason he hated the internet was because of its impact on the real economy. A random

portal site with virtually no profits could have a market cap higher than some hundred-year-old companies.

What kind of absurd spectacle is that?

As a representative of the real economy, how could Jack Welch possibly accept this kind of unearned windfall

game?!

So he ended up hating every internet entrepreneur out there. That was also why he had targeted Azhe Su from the start.

There were many other entrepreneurs in the room who felt the same way—they were full of contempt

for the current state of the internet.

But now, after Azhe Su’s speech and analysis of the internet, they finally understood

what a real era of internet profitability would look like. This helped them all to better understand the internet. The internet

bubble will certainly arrive; it’s only a matter of time. In my view, every internet company in the world today

will go through a crash—including... Microsoft!"

Azhe Su smiled faintly, then stood up and stepped down from the stage. The first round of the Wealth Forum was over,

and the purpose of his participation this time had already been achieved.

He wanted the world to see a different kind of internet—an internet that only Azhe Su could create.

This would undoubtedly benefit the future development of Penguin and Alibaba. "Mr. Azhe Su,

please wait."

The stock god Buffett suddenly stepped off the stage and stopped Azhe Su. "Could we talk in private for a bit?" Seeing the crowd of

entrepreneurs surging toward him, as well as many CEOs of telecom companies, Azhe Su shrugged. "Mr. Buffett,

we’ll have plenty of time at noon. Right now I have something very important that I need to go do. I’m afraid I must

apologize." Azhe Su smiled, took out his phone, and called Lin Youwei.

"The contract for the base stations can... start being signed."