giants of the era

Chapter 494
Netizens don't know much about artificial intelligence, they basically stay in movies and TV shows, and their understanding is too one-sided, so they have a lot of fear and misunderstanding about artificial intelligence
Li Zetian expressed his understanding to them.

As far as Li Zetian himself is concerned, there is nothing wrong with artificial intelligence, it is an advanced technology that can help human beings.

The opinions of the people who eat melons are not important.

The attention of all countries in the world has been focused on Hangzhou Xiaoshan for a while. All countries are full of curiosity about the city brain, and this project is a project led by Li Zetian himself. .

Li Zetian suddenly felt that he had dug a hole, and then jumped into it by himself.

The president of the United States, the mayor of Los Angeles, the chancellor of Germany and other officials who are more familiar with Li Zetian called Li Zetian one after another, asking what the city brain is like and whether it can be done.

At first, Li Zetian was impatient to explain to them, but later there were too many people, and Li Zetian was exhausted, so he didn't explain and replied to them directly, this plan can be done!
As a result, there has been a wave of frenzy in the construction of urban brains all over the world.It's just that because of the huge cost and relatively high technical requirements, cities that really dare to build urban brains are rare.Generally, they are in a wait-and-see state, and only consider whether to invest in the city brain project after the pilot project in Xiaoshan is successful.

……

Leisurely garden.

Now in 2007, although the City Brain Project is important, what is more important is the subprime mortgage crisis in the United States.

The City Brain Project became a cover, just when everyone thought that Li Zetian was focusing on the City Brain Project, but the fact is that Li Zetian and Dongfang Yuqin are commanding remotely, stirring up trouble in the US financial market!

It snowed lightly outside the house, covering the whole Youran Garden with a layer of silver, which is very beautiful.

Li Youran took Li Yueer outside to play with making a snowman.

Li Zetian, Dongfang Yuqin, and Yu Jingqiu were roasting in the house.

At this time, Dongfang Yuqin held a document and told Li Zetian: "Since December last year, we have successively purchased credit default swaps (CDS) for hundreds of thousands or millions of dollars, boiled frogs in warm water, So far, 12 billion U.S. dollars have been bought, and more than 500 financial institutions such as insurance companies and banks have been involved."

Yu Jingqiu said in astonishment: "Won't it cause a sensation with so much US$500 billion?"

Li Zetian smiled and nodded, "It's indeed a bit of a sensation, but the U.S. real estate market is too big, and $500 billion is nothing. In addition, everyone is chasing U.S. real estate, and there is not enough people to swallow it. We want to buy mortgage credit default mutual funds." For (CDS), they sell it, thinking they want to make a fortune from us..."

As he spoke, Li Zetian showed disdain and ridicule on his face.

Dongfang Yuqin continued: "Now not only American insurance companies and banks are involved in mortgage credit default swap (CDS) products, but even foreign financial investment institutions are also involved!"

Li Zetian laughed and said, "Isn't this good? Buying in a dispersed manner is not easy to detect! American financial institutions have sold us so many credit default swaps (CDSs) for mortgages. In order to control risks, they dare not continue to sell them. Overseas Financial institutions just came in, so they don’t have this concern! We can be bolder!”

After a pause, Li Zetian said, "If you buy tens of millions of dollars, or even hundreds of millions of dollars of mortgage credit default swaps (CDS), we will always have someone from a certain financial institution to take the order!"

Dongfang Yuqin nodded with a smile: "Yes, and they even contacted us. It seems that they really treat us as cash machines and cash cows..."

"Hehe, it won't be long before they stop laughing." Li Zetian sneered, "Oh, by the way, once the US subprime mortgage crisis breaks out, the stock market will definitely collapse. Prepare funds to take the opportunity to short the stock market!"

Yu Jingqiu said: "Isn't this a little too cruel?"

Li Zetian said: "It doesn't matter, don't worry, the United States will pay to save the market! How much tax the US government has collected from us over the years, I will ask him for compensation, what is it?"

In fact, Li Zetian didn't say what was in his heart. The reason why he was so ruthless was because this was the last big stock market crash he knew of that he could take advantage of.

It's the last chance, of course we have to be crazy to the end! ! !

"Oh, by the way, Yuqin, let people see which companies are high-quality companies that can be acquired, and take advantage of this financial crisis to acquire them!"

Dongfang Yuqin stroked the frame of her glasses, and said with a smile, "Don't worry, I've already given orders, and all companies and our intelligence collection departments have started to act."

"Well, that's fine!"

"Buying these companies can quickly grow our business!!" Li Zetian paused, shaking his head and said, "For some companies, no matter how much money you pay, they won't sell them to you. It's really helpless! Force me to take advantage of others during the financial crisis, so that the other party can submit!"

"Okay, I want to say one more thing. I want to merge Wells Fargo, Standard Chartered Bank and Chronos Bank, and they will be called Chronos Bank from now on! I want to make the Chronos brand bigger and stronger, Let Chronos Bank spread all over the world!"

"The development of Chronos Bank in China is obvious to all. I think that in addition to the correct strategies launched by the bank, the name of Chronos also played a big role. According to the data I sent to investigate It shows that many people deposit their money in Chronos Bank because they trust me, the richest man with trillions of dollars. Because they think that if I am so rich, Chronos Bank will never go bankrupt. Chinese compatriots are so I think, I think people all over the world think so, so the name Chronos is extremely beneficial for banking companies to work and expand!"

Both Dongfang Yuqin and Yu Jingqiu nodded in support.

Currently, the most famous and valuable brand in the world is not Apple, but Chronos.

When it comes to Chronos, the first thing that comes to mind is Chronos Li, the richest man in the world, who has created countless myths. Wealth is truly invincible, not an adjective.

"It's a simple matter. I'll arrange for Vanessa and Selena to carry it out," Dongfang Yuqin said.

"Ah."

Chatting and chatting, it didn't end until mother Xiao Zhixuan came in and called for lunch.

……

The merger of several banks proceeded quickly, and by February, a banking empire, Chronos Bank, was established.It is not difficult to imagine that this will be an unprecedented super bank, and it will surpass Morgan Bank and Citibank in a few years!
In the future, the Morgan family is not worthy of mentioning the word "banker" in front of the Li family!

(End of this chapter)