I asked you to save a bankrupt factory and you became the richest man in the world.

Chapter 505 Chapter 315-316: New Products! (4000 words)
The success of Hillhouse's tri-fold mobile phone can be said to be completely beyond Gao Huaijun's expectations.

After all, he did not provide any golden finger guidance for this three-fold mobile phone, nor did he interfere too much with Min Weiguo's research and development team.

This was actually a bold attempt on his part before the information gap became less and less effective.

If they lose, they won’t lose much money. If they win, Hillhouse’s R&D team will be more confident and will have more time and experience to develop products based on their ideas.

This is the case with research and development itself.

Multi-channel, high-intensity track attempts, and ultimately in-depth research on a more cost-effective track, ultimately, after investing massive amounts of R&D funds and long-term R&D accumulation, one problematic product after another emerged.

A lot of problems will arise in the middle.

For example, the gradual formation of big company diseases, the reduction in efficiency caused by the bureaucratic middle layer, and so on.

Gao Huaijun had already foreseen some of the problems and implemented defensive controls in advance, but most of the management problems were bound to occur.

This is inevitable for any large company with a staff size of over 100,000.

He has now focused his core energy on the group management level.

As for the survival of the fittest among employees below, the focus is placed on the BG or BU level such as Min Weiguo.

Now, because Hillhouse has top salaries in the industry and a strong R&D atmosphere, even though it maintains a very strong last-in-first-out system, there are still a large number of university graduates who want to join this company.

After all, this is the unspoken rule in the market now.

As long as you can survive for more than three years in the fierce competition at Hillhouse, you will be the best talent in this industry!

therefore.

Every year, when we go to major campuses to recruit, as long as Hillhouse’s name is known, the job fairs are packed with people, and we receive tens of thousands of resumes.

Even the most difficult to recruit math and science PhDs are slowly but surely increasing in number by the hundreds every year.

You have to know that in 2017, when China had not yet expanded its doctoral enrollment on a large scale, a non-key university had only about a hundred doctoral students.

. . . . . .

"Organize a meeting with Hillhouse vehicles, and invite Andrew Ng, the head of Hillhouse's artificial intelligence, as well." After Gao Huaijun received a call from a leader from the Ministry of Industry and Information Technology, he couldn't calm down for a long time. After thinking by the window for half an hour, he said to Feng Xiaochen who was standing next to him.

oh oh!
Feng Xiaochen came to his senses!
She understood that Gao Huaijun must make a big move this time!

During this period, Gao Huaijun received information from the Ministry of Industry and Information Technology one after another, but he was not in a particularly good mood after receiving the information.

The core reason is that as one of the largest technology companies in China, its core policies cannot be implemented as you wish.

For example, Gao Ling Song, who made 12 yuan a few years ago at Hillhouse Capital, was invited to have tea.

Gao Huaijun has thought about this matter. It should be that several major joint venture manufacturers in China felt that Hillhouse had put too much pressure on them, which led to an avalanche in sales of fuel vehicles.

This is really a rip off.

I may not be able to defeat you through conventional means, but I can defeat you through unconventional means, and I can do it in such a way that you will have nothing to say.

Fortunately, as Hillhouse’s strength grows, these off-market methods are used less and less.

There is no way. When you are strong enough, the faces of the people you come into contact with will be filled with smiles.

However, now there is another problem.

That is, with the implementation of Hillhouse's 'ALL IN AI' strategy, the country is now paying more and more attention to investment in this sector.

The enthusiasm for artificial intelligence was ignited in China in 2017!
Basically every few months, Gao Huaijun would be invited for a talk, and the first thing he would ask was whether the leader cared about him or needed any help or support.

This made Gao Huaijun extremely annoyed.

But there is no way around it. In the field of artificial intelligence, the only company that has made a breakthrough is Hillhouse Capital.

If Hillhouse doesn’t do it, how can other companies afford it?

Only Hillhouse Capital can afford to make large-scale investments in artificial intelligence research and development.

So Gao Huaijun is also under pressure now.

Even if he has obtained various policies, tax, land, and administrative resource benefits, he will not be able to deliver his mission without showing some landmark results!

"When I close my eyes, all I see is China's future!" Gao Huaijun suddenly sighed after Feng Xiaochen left.

. . . . . .

After all the executives of Hillhouse Vehicles arrived, Gao Huaijun did not come as usual, so they started chatting in the conference room.

“Hillhouse Technology is so powerful now!”

"Of course not. I'm getting fed up with the three-fold phones every day. Now many people have asked me for help, hoping to get the phones in advance. Some have even asked Hillhouse Technology for ten phones. I feel a little embarrassed."

"Of course not. All our suppliers have come to us for help. This is something we have never seen or heard of before."

"Of course it's exaggerated. It's only been on sale for less than seven days, and the pre-sale volume is over 200 million or 300 million units. Even if you ask Hillhouse Technology to increase production capacity quickly, they can't do it!"

"This time, Hillhouse Technology has really made a profit! Scalpers have come to me to ask for mobile phones. I have to say, the price of one phone is 5,000 yuan, which is quite tempting."

"Fuck! The scalper raised the price by 5,000? Isn't this just a direct increase in the price of an iPhone? This is beyond exaggeration!"

Wang Fengying, who was standing by, was quietly listening to the group of executives below talking about the hottest product recently, Hillhouse mateST.

She is also feeling a lot of pressure now.

One is that as a female general, she is already at a disadvantage in the workplace. Only if she is stronger and works harder than men can she gain Gao Huaijun's appreciation.

The size of Hillhouse’s vehicles now far exceeds that of the long-distance truck company where she previously worked.

In a sense, her current position in the industry, especially in terms of upstream and downstream partners, is far greater than that of Changcheng Lao Wei.

The other one is... The listing of Hillhouse Vehicles has entered the countdown, and Hillhouse Vehicles needs an eye-catching product like the Hillhouse three-fold mateST to launch it brilliantly!
With such a product or without such a product, investors' attitude towards Hillhouse Vehicles at the time of listing will be completely different.

As a strong woman who sets high standards for herself and her colleagues, she would never allow such a situation to occur!

The other executives present also noticed Wang Fengying's abnormality and stopped discussing one after another.

Everyone looked at each other.

These were a group of smart people, so they naturally knew what situation they were facing very quickly.

By the time Gao Huaijun entered the conference room, the entire room was so quiet that even a needle could fall to the ground.

Gao Huaijun was confused at first, then he suddenly understood and figured out some of the meanings.

He didn't say much.

He still likes Hillhouse Capital's entrepreneurial spirit.

He has always believed that only such a pure company can produce great works!
"I won't say anything empty. One of the important purposes of calling everyone here today is to develop a new car before Hillhouse Vehicles goes on the market and to establish Hillhouse Vehicles' position in the market." Gao Huaijun said in a sonorous and powerful voice.

All the executives present were excited.

They are also very envious of Hillhouse's three-fold mobile phone.

However, it is still difficult to develop a product in the automotive field that can compete with the tri-fold mobile phone.

Could it be...

At this point, everyone looked at Andrew Ng, who had just arrived at the meeting, with some excitement.

Andrew Ng also greeted with a smile.

"Yes, everyone is right. Our 'ALL IN AI' strategy has been implemented for more than three years, and Hillhouse AI has been established for more than four years. After such a long period of preparation, Mr. Wu has already achieved initial results in the L3 level of autonomous driving systems."

"And now, we need to make corresponding major changes to the Gaolingtang product in response to the latest unmanned driving system!"

Gao Huaijun did not hide anything.

This is already an open card for him!
He needs to get absolute attention from China before the big storm comes!
The two cards of tri-fold mobile phones and driverless cars are enough to attract everyone's attention without being excessive.

Although Hillhouse AI still lacks a lot in terms of autonomous driving systems, it has no choice but to force its way forward now.

You know, 2018 is almost here!

Although the executives of Hillhouse Vehicles were mentally prepared at this time, they were still shocked when they heard what Gao Huaijun said.

Hillhouse has been saying 'ALL IN AI' for so long, and this slogan was even laughed at by internal staff in the beginning.

But now, it’s really time for it to come.

"Our current unmanned driving soft package system, which we call the Hillhouse ADS Intelligent Driving System, is mainly divided into several major sections!"

Following Gao Huaijun’s explicit suggestion, Andrew Ng said.

"First of all, the most core change is the algorithm. ADS adds an end-to-end architecture to the underlying algorithm because different manufacturers have different definitions and application methods of end-to-end. We focus more on the impact of the vehicle on individuals, that is, a model within a large model to achieve intelligent driving perception, prediction, planning, control and other functions."

"This requires Hillhouse's vehicle to have multi-faceted cooperation. On one hand, it inputs various sensor information such as cameras, millimeter-wave radars, lidars, navigation information, and map information, and on the other hand, it directly outputs vehicle control signals such as brakes, accelerators, and steering."

“The intelligent driving function based on the end-to-end model has the following advantages.”

"First, there is no problem of information loss or error. Second, the operation is more human-like and smoother, which is why some car companies have been promoting the smoothness of intelligent driving. Third, it has strong generalization capabilities, and it is easier to expand the capabilities to more scenarios and regions, such as being able to drive across the country. Fourth, the requirements for code development are reduced, and the main work is to train the model."

"As for the disadvantages, one is uncertainty, or inaccuracy. The big model makes predictions or decisions based on the model structure and statistical probability, which requires the training data to cover all scenarios. It is unknown what actions the big model will take in scenarios that have not been trained. This is the same as the gibberish that appears in the big language model. It doesn't matter if there is gibberish in the chat, but it is really dangerous if the smart driving makes random operations."

"The second is unknowability. There is no definite explanation or proof for why large models have such capabilities. Many experts in the industry have proposed the concept of "emergence", which means that when the model is large enough, some capabilities will "emerge". It feels very rogue and cannot be refuted. It is a complete black box. When a problem occurs, we don't know what the reason is and can only train the model."

"Therefore, our ADS intelligent architecture adopts two large models: perception (GOD network) and pre-decision planning (PDP network), which separate perception from pre-decision planning. The first model realizes perception, and the second model realizes functions such as prediction, decision-making, and control. From a practical point of view, this makes it convenient to test and debug the two parts separately during debugging, while taking into account some advantages of the large model. It is a balance between the advantages and disadvantages of the large model. Although it has not achieved full end-to-end and has more complete functions at L4 or even L5, it is not a big problem to achieve L99 in 3% of cases."

Everyone in the Hillhouse vehicle nodded quickly.

This was the first time they had seen such high-tech gadgets.

Andrew Ng talked about this so-called big model, this end-to-end architecture, for almost half an hour.

They are basically in the clouds and confused, as if they are listening to a foreign language!
No wonder Gao Huaijun spent so much money to hire such a group of doctors.

This group of people really have some good stuff!
But then, this group of people fell into deep shock.

'ALL IN AI', in their view, is just a slogan.

But now, it has become a reality!

The truly driverless car is about to be developed!

Although, it is only L3 now.

But this means that 90% of the journey has been completed!

This is definitely a very significant milestone in human history.

What does the emergence of driverless cars mean?
Relevant data shows that in 2016, there were 175 million road accidents in China, of which 50 people died and 6 were injured.

If all vehicles are driverless, does that mean they are safe?
And this safety cannot be said to be absolute safety, but it is close to absolute safety.

Of course, the impact of this technology on human society is unprecedented.

Human truck drivers are no longer needed, the overall logistics costs of society are further reduced, and the delivery speed is faster.

Taxi drivers will no longer be needed, and the chauffeur service, food delivery, and express delivery industries will be impacted or even disappear.

You can also use the car to pick up and drop off your children at school.

Of course, a small drawback is that it will be very difficult to catch the criminals in the act. How can we catch them while they are on the move?
(End of this chapter)