Simon had already arrived in San Francisco before the two women got up.
In addition to accompanying the women and children here, the next two days are dedicated to a series of meetings scheduled on the weekend in line with Simon's schedule, involving new technologies in the Westeros system such as Ygritte, Tinkerber, and Cisco. Giant.
Simon needs to sort out each company to make sure he has a clear idea.
The Nasdaq index, which has continued to rise since 1999, had reached a high of 5,000 points again in July.
Yesterday, August 6, the Nasdaq closed at 5,436 points. With the current growth momentum, it is not a problem to break through the high of 7,045 points in March 1997 again before the end of the year.
How high it will reach in the end, Simon doesn’t know.
Then there are the specific technology stocks. The most representative company, Igret, still leads the Nasdaq. At the same closing time on August 6, the market value has reached US$713.4 billion.
Not surprisingly, in this big market situation, it is only a matter of time before Igret's market value breaks through the trillion mark, becoming the first listed company with a market value of trillions.
Faced with the fact that Nasdaq no longer follows the upward curve of its previous trend, Simon has had a lot of thoughts.
Initially there was trepidation.
Will all this be a larger-scale bubble
However, as time passed and he thought more, Simon became more and more sure of many things.
At first I was still not confident enough.
Probably, even if I have the advantage of being a human being for two lifetimes, I still feel that it is impossible for me to achieve much more than I once did. After all, the new technological trends in the past were created by a group of the world's top elites.
Let’s talk about the Nasdaq.
The Nasdaq Index briefly exceeded 5,000 points at the peak of the technology stock bubble in 2000, then plummeted for several consecutive years. When did it break through 5,000 points again
Five years later
Ten years from now
No, it was exactly 15 years later in 2015.
And this time, in just three years, the Nasdaq index has exceeded 5,000 points twice in a row, and the first peak has even reached 7,000 points! Not only that, the current market trend may reach a higher level, and it is not impossible to reach 8,000 points or higher.
Are these reasonable
Have you really achieved something better than before
However, the truth is, Simon really did it.
Let’s talk about the Internet wave. The information industry once began to accelerate its development. The node was 1995, with the rapid popularity of Netscape browser and the emergence of Yahoo.
This time, Simon directly advanced the process by five years, launching the IE browser in 1990. At the same time, Igret's portal, which was much ahead of Yahoo's early days, was officially launched.
This is actually equivalent to the Internet industry in this time and space. As of 1999, the development time has been nearly 10 years, instead of the previous short five years.
Moreover, relying on Simon's personal advantages, many mature Internet industry business models are directly launched, no longer like the first bubble bull market in the past. Most new technology companies, including Yahoo, are still in the concept stage. , there was no revenue and profit revenue sufficient to support the high stock price.
This time, take the most representative Ygritte as an example.
This Internet giant, which has actually entered its 11th year of establishment, estimates that its revenue in 1999 will not only officially exceed the US$50 billion threshold, but also reach between US$55 billion and US$57 billion.
Even if half of the revenue share comes from e-commerce retail revenue that can fill up the book data, compared with companies such as Yahoo in the same period, it is still absolutely terrifying.
Let’s talk about Tinker Bayer. This electronic product giant is actually closely following the concept of the Internet. Currently, we don’t talk about peripheral accessories such as USB flash drives and interface converters, but only the core electronic products such as iCam and iPlayer. Two years ago, Total sales in 1997 exceeded 100 million units.
In the ongoing year of 1999, based on the sales data of the first two quarters, it is expected that the total shipment volume of each flagship product throughout the year will reach more than 160 million units, and the revenue scale is even higher than that of Tinker Bayer, which is expected to reach 630 million units. billion to US$65 billion.
These real and dazzling revenue data, and what they represent not only the company itself, but also the strong promotion of all aspects of the industrial chain, are absolutely incomparable to the first new technology wave that was basically in a bubble state. The economic fundamentals are sufficient to support the current high level of the Nasdaq Index.
The castles in the air that emerge from the mirage are destined to dissipate, but the high-rise buildings built brick by brick from the foundation will naturally be able to withstand all winds.
After all, as the most powerful country in the world, everyone, including the former Simon, would inevitably think more highly of it. However, the fact is that after the Nasdaq index fell back to less than 5,000 points in 2000, it did not return to 5,000 points until 15 years later. Why
Because the development of various industries in this country is actually far from being as bold and progressive as the outside world imagines, and is instead unimaginably conservative.
The most direct example is that a subway has not been completed after 20 years of construction, and it has already begun to show signs of failure.
Maybe some people can come up with thousands of reasons for this matter, because the automobile industry is developed and it is not needed, because the unions are blocking it, because private land makes land acquisition difficult, and there are all kinds of reasons, but these thousands of reasons happen to hinder the country from continuing to develop at a high speed s reason.
The reason why Simon has been able to do everything now, and even directly advance the development process of an industry many years, is that Simon, as an emerging capital, still has sufficient development momentum.
At the same time, and more importantly, because the Internet is an emerging industry, it does not touch too many interests of too many vested interests. On the contrary, more people can benefit from it, and this is how it can advance by leaps and bounds.
Furthermore, Simon gradually became more and more confident.
With the advantages brought by his two lives, coupled with his own strong capital strength, Simon understands that he is indeed stronger than those guys in the past. After all, he didn't need to fumble, he knew directly what to do, which direction to work in, and how to avoid possible obstacles.
Of course, while understanding this, Simon also realized something.
As the biggest vested interest in the emerging industries of this country, and even the world, in the new era, Simon himself may one day become a conservative force and begin to hinder the development of this society in order to ensure his own advantages.
This is the nature of those with vested interests.
the nature of capital.
Just like Simon has understood a truth very early on, even if he, the controller of the Westeros system, is not conservative, the entire capital system, in order to pursue its own interests and prevent competitors from emerging, will change management at all levels. Gotta be conservative.
So, how to solve this problem
In fact, there is a way.
Just like Simon has used the power of the Westeros system to force the new technology industry to advance by leaps and bounds in the past few years, next, if necessary, Simon can also forcefully drag the Westeros system that has gradually fallen into conservatism to continue to move forward.
This requires a prerequisite.
That is, Simon must maintain absolutely strong control over the entire Westeros system.
That's right.
Be The Absolute King!
In fact, this is just like Simon once had an inappropriate idea that in this era is considered a treason and will be dragged to the gallows, put in the frying pan and finally shot by the progressive youth: human beings need class.
An army of man-eating ants in Africa can easily eat an elephant if they gather together.
However, if the ants have lost their hierarchical social attributes and feel that everyone is equal, free, and democratic, why should I attack the elephant for the benefit of the entire group? I was trampled to death under my feet, thank you. Why doesn't the queen ant go
To this extent, man-eating ants may not even be able to deal with an insect.
Given the harsh natural environment in Africa, the man-eating ants that have 'evolved' to this stage are probably not far from extinction.
Well, that’s treason!
Hang him!
In fact, it's like the science fiction novel Simon once read.
Lose humanity and lose a lot; lose animality and lose everything.
Should we choose to perish in order to maintain our noble humanity? Or, in order to survive, choose animal nature and the biological instinct of natural selection formed over millions of years
Obviously, the author of that novel chose the former.
Simon chose the latter.
Moreover, Simon does not agree with the description of the Great Depression in the novel.
Because in reality, most of the scientific and technological foundations for the rapid development of human science and technology around the millennium, such as semiconductors, the Internet, nuclear technology, space technology, etc., are actually two world wars that gathered a large amount of social resources to explore the upper limit of science and technology. and the subsequent Cold War era.
Then, entering the 'new era', as a certain public figure Simon couldn't quite remember said, the smartest brains of mankind rarely choose to explore the limits of technology, but instead flock to Wall Street and Silicon Valley. One studies how to maximize profits by buying and selling short, and the other studies how to push advertisements to users most accurately.
Why
Because society is open and the world is peaceful, everyone no longer needs to work hard on such a fundamental issue as survival.
So technology came to a standstill.
The setting of the novel author is actually the limitations of the times and the misunderstanding of inertia. Again, the development of the West is attributed to the enlightenment of society and the emancipation of ideas, instead of the cause. So I feel that the progress of science and technology requires the enlightenment of society and the emancipation of ideas.
Just like another of the most famous cognitions of reverse effects and causes, the development of the West is the result of democracy and freedom.
Simon was too lazy to say more about this.
Back to the development of technology.
Do humans really no longer need to work hard for survival
Science and technology are primary productive forces.
Many people have known this sentence since they were very young. However, probably few people can understand how much heartache, blood and tears of human history and development of thousands of years are hidden in this simple, seemingly slogan-like sentence. .
In any case, only by constantly exploring the upper limit of science and technology can productivity be continuously improved, and only then can human beings have enough social resources to ensure the simplest thing, survival! On the contrary, if technology stagnates and current productivity remains unchanged, social resources will be exhausted sooner or later.
What should we do then
Simple.
Just like the reincarnation of countless dynasties in Chinese history.
Some people may think that reincarnation is just reincarnation.
Reincarnation has a price.
At what cost
You can check the proportion of population loss after each dynasty reincarnation in China.
Highest, 80%.
White bones are exposed in the wild, and there is no rooster crow for thousands of miles.
The cruel reality is that as long as enough people die, the remaining social resources will naturally be enough.
Humanity has entered a new era, thinking that it will never experience the same reincarnation again. In fact, we are just in the best era of our own long history of thousands of years. Some fundamental things have never changed.