Black technology: a super empire spanning two worlds

Chapter 108 [The greatest significance is to set a precedent]

Wen Suqing saw that the entire executive team of Lingjing Technology supported Xiao Yu's decision, and understood that the HP Fund would definitely be born, so he didn't say anything more.

But she was also very curious about how Xiao Yu would implement the allocation.

It is difficult to make money, it is even harder to divide money, and it is even more difficult to divide money well.

At this time, Xiao Yu nodded to himself and said in a deep voice: "The problem you mentioned is indeed something that HP Fund cannot avoid in the future, but this problem is not unsolvable. There is a solution, and it is very easy to solve. Just do two key points well."

When Wen Suqing heard this, she didn't say anything, but she looked half-believing and half-doubting.

Xiao Yu stretched out a finger and smiled and said, "First, using advanced AI technology and skipping the middle link, without any third-party institutions or personnel, HP Fund directly connects to the target account and directly distributes the funds. And this link cannot be handled by people, but using AI technology to support unified distribution, the efficiency is even higher. If advanced technology is not used in this scenario, what is the point of it?"

Then, Xiao Yu stretched out his second finger: "Second, seek answers from our ancestors and learn from history. One is Emperor Wu, and the other is Shang Yang."

Xiao Yu explained in an orderly manner: "In 113 BC, which was the fourth year of Emperor Wu of the Han Dynasty, Emperor Wu ordered the implementation of 'reporting and arresting', encouraging the people to report on each other, and stipulated that half of the assets confiscated from illegal merchants would be rewarded to the informant. Of course, we can't copy it rigidly, but this idea can be used as a reference."

"The HP Fund can also encourage the public to report on each other. As long as the report is verified to be true, the reporter can receive a bonus anonymously."

"It is not enough to learn from Emperor Wu's experience. We also need to learn from Shang Yang. The specific measure of Shang Yang's reform was the implementation of the 'ten-five joint responsibility law'. We learned from this idea and combined it with Emperor Wu's 'report and arrest'."

"For example, it could be a village or a town. In short, we draw an area, and people in the area who receive HP subsidies report each other. If someone in the same area commits subsidy fraud, other people in the area have the obligation to expose it. Otherwise, all members of the area will face punitive reductions in subsidies, or even no subsidies."

If it is a public institution, it cannot learn from the experience of Shang Yang's law, but the HP Foundation is essentially a privately run charitable organization. To put it bluntly, as long as the money of the HP Foundation is clean, Xiao Yu's team can set rules internally on how to distribute the money, who to give it to, and who not to give it to. It may be given this year but not next year. It may not be given to people who have done this kind of thing, but it may be given to people who have done that kind of thing. These are all private matters, and are legal and compliant in terms of law.

Upon hearing this, Fu Kang exclaimed in admiration: "This method is brilliant. It can give full play to the mutual supervision between people and the subjective initiative of the masses. History has also proved that this mechanism is very effective. After all, it is already abominable that you cheated on subsidies. As a result, your cheating on subsidies may also lead to the subsidy that I should receive being cut. Of course, I am extremely angry and absolutely cannot tolerate it. I will definitely report every one I find."

Wen Suqing also had to admit that Xiao Yu's second strategy really hit the essence of the saying "whoever's interests are at heart".

It can also greatly reduce the supervision costs of HP Fund. If HP Fund is left to supervise itself, the cost will be astronomical and will definitely not achieve the expected results.

But if such a mutual reporting mechanism is implemented, the cost will be almost zero. In today's terms, it means taking the mass line and fully mobilizing the collective wisdom and strength of the masses.

This mechanism eliminates the situation where people turn a blind eye to things that do not concern them. After all, if you do not expose the fraudulent subsidies provided by others, once the facts are verified, the interests of everyone in the entire region will be harmed.

Therefore, everyone has enough motivation to protect their own interests and can no longer turn a blind eye to the matter and ignore those who commit subsidy fraud.

This mechanism can also solve the problem that an individual may be afraid of retaliation and dare not expose the problem. When the interests of a group of people are damaged at the same time, then a group of people will come together to expose the problem.

Having more people can make people more courageous, and the fear is greatly reduced, and the willingness to expose is greatly increased. In the same way, for those who cheat on subsidies, they may not be afraid of offending one person, but if they offend a group of people and cause public outrage, they will be worried.

Especially if he lives in the same place, where he has to look up and down without anyone noticing, and he has angered everyone, someone might throw stones at his glass when he is sleeping at night, his network cable might be cut every ten days or half a month, and his electric bike battery might suddenly disappear one day.

Although this matter is not a big deal, it can make him restless and exhausted, and he can't live a good life at all. If he gets angry and yells at who the hell did it, he will find that no one pays attention to him at all. He is even isolated. This is the result of incurring public anger.

In other words, it is also a great deterrent to those who commit subsidy fraud. They will have to weigh the pros and cons. Once they are sure that the gains do not outweigh the losses, they will naturally reduce their willingness to commit subsidy fraud.

Finally, Xu Changming asked: "How to proceed specifically? Where to start?"

After thinking for a moment, Xiao Yu said, "This kind of thing will naturally start from Linzhou City. Our company is in Linzhou, and we are also the god of wealth in Linzhou. The resistance will definitely be the smallest if we start in Linzhou first. The greater our company's ability to make money, the more people it will attract."

Xiao Yu paused for a moment, looked around at everyone and added: "We can't do it in a big way, and we can't blindly seek absolute fairness. Instead, we should start from Linzhou City and gradually promote it outwards. Once Linzhou City is settled, we will expand to several surrounding cities, and so on."

Linzhou City has jurisdiction over 5 districts, 3 counties and 1 county under its administration. The total population of the city is 887 million, of which low-income families account for about 17% of the total population, or about 150 million people. It can be seen that Linzhou City is actually not very developed, and a considerable portion of the population has a low income level.

Xiao Yu paused for a moment, then said, "There are about 150 million low-income families in Linzhou City, most of whom are workers and farmers. Their family income is less than twice the minimum living standard for urban and rural residents in Linzhou City. They face huge living difficulties and economic pressures. These 2 million people are the group we want to help."

Fu Kang pondered and couldn't help but ask: "How to help this group? Should we directly give them money to subsidize them?"

Xiao Yu immediately said: "The reason why this group has low income is that they cannot keep up with the changes of the times and the development of technology, and they have not reaped the benefits, so they have become low-income people now. Cruelly speaking, they are a group eliminated by social competition. We can only start from the level of care and cannot ask for too much. It is enough to simply give them money subsidies and treat it as a kind of welfare."

After a pause, Xiao Yu added: "Based on the number of people in the household registration book, each person will receive a direct subsidy of 350 yuan per month. Most of these people are from families with five or six people, so that means 1750 to 2100 yuan per month. This amount is neither too much nor too little, and can significantly ease their family's financial pressure and significantly improve their current difficult living conditions. At the same time, they will not have to lie down and not have to earn money to support their families."

Xu Changming estimated, "If we give each person 350 yuan per month in subsidies, for 150 million people, the annual budget is about 63 billion yuan, which is not a lot. This year, our company's net profit is estimated to be 650 billion to 700 billion yuan. If we give one-third to the HP Fund, that would be more than 200 billion yuan. With a subsidy of 350 yuan per person per month, it can support more than 500 million people. The 150 million people in Linzhou alone cannot use up all the money."

Yun Shu couldn't help but say, "That being said, if we look at the entire country, 500 million people is just a drop in the bucket."

Hearing this, Fu Kang smiled and said, "Assistant Yun, do you really want us at Lingjing Technology to provide subsidies to low-income people across the country on our own? This is unrealistic. Even if we sell the company, it won't be enough. We can only solve part of the problem."

Xiao Yu immediately said, "I've said before that we should do things according to our capabilities. The greatest significance of what we do is to set a precedent for this society. If every company can learn from us and lead a group of companies, why worry about not being able to achieve common prosperity? Of course, this is just a wishful thinking, but no matter what, if we can influence one company, it's one company. This is the significance of setting a precedent."

……

(End of this chapter)