Whether investing, starting a business, or working, everyone's choices revolve around two things: money and where people are going.
Professor Ma Jiangbo suggests: Always move towards fields with high technological concentration.
In the 'Book of Predictions', there is an Asimov thought experiment: showing a skyscraper photo to a science fiction writer from over 200 years ago, whose assumptions were wrong because he didn't consider elevators.
This is the 'elevator effect'; truly key transformations are often triggered by technology, and technological progress is difficult to fully predict, so we need to pay attention to and get closer to technology.
In reality, in 2024, the Ministry of Industry and Information Technology will establish a Future Industry Department to develop disruptive technologies and incubate industries.
More than 30% of the party's content and over 70% of the reforms are related to technology; China is at a critical period of technological revolution.
Technology concerns two fundamental national interests: solving internal development accumulation issues and breaking through external constraints of major power competition.
Developing technology requires reforms in multiple areas including systems, education, finance, and industry.
In recent years, the country has initiated a series of reforms: System: The Ministry of Science and Technology has undergone two reorganizations, establishing central and local science and technology committees, with local 'top leaders' focusing on technology.
Education and Research: College entrance examination, higher education, and professional reforms, research reforms promote integration of industry, academia, and research.
Finance: Investment, equity, etc. tilted towards technological innovation, establishing industrial investment funds.
Regional industry: Technological resources are allocated to key areas, major economic provinces take the lead, promoting the localization of supply chains.
In 2024, the Private Economy Promotion Law (draft for public consultation) mentioned a new type of national system, aiming to bring the private economy onto the national technological war chariot.
In the past 20 years, China has experienced three waves of wealth creation: foreign trade, real estate, and mobile internet, but the conditions for their prosperity are now declining.
In the future, the technological field in new productive forces is more likely to create wealth in large quantities.
Professor Ma Jiangbo suggests: Engage in science and engineering, invest in technology companies, and invest in technology industries.#币安Alpha上新 #Strategy增持比特币 $BTC $ETH