Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 954 A Vanished Manuscript
If it's just an internal forum, it's fine to argue behind closed doors, since everyone is on the same side and the impact is controllable.

But what kind of occasion is this? It's a place where the world's attention is focused, with domestic and international media guests all present. If they were to actually have a face-to-face confrontation, what kind of decorum would that be?

Today, Chen Mo's "qualified" and even "exemplary" closing speech, whose core is in line with the spirit of the conference and the overall trend, is particularly valuable in comparison with Lao Ma's speech.

Without comparison, there is no harm; the more annoyed they were with Lao Ma before, the more pleasing they became to Chen Mo now.

They exchanged opinions and reached a consensus:
"Chen Mo, despite his young age, is someone who prioritizes the big picture and understands the overall situation."

The leaders were relieved, but Lao Ma's heart was as unsettled as if he had climbed Mount Everest, his anxiety rising ever higher.

Actually, he wasn't afraid of Chen Mo losing his temper in public. With his performative personality, he was actually looking forward to how Chen Mo would refute and dismantle his statement.

That way, he could share the blame and shift the focus of the conflict. Even if he was blamed equally afterward, he would accept it.

But Chen Mo's nonchalant attitude at this moment has instead pushed him to the absolute forefront of controversy.

He created such a huge commotion beforehand: a deluge of slanderous propaganda, fierce group buying in the e-commerce market, and the economic battle involving billions in subsidies reaching its decisive moment. He even prepared for a defensive counterattack.

In the end, they discovered that the other person simply walked by without even glancing at them, as if silently saying, "Just kidding~"

This feeling of frustration made Lao Ma feel so uncomfortable that he wanted to vomit blood.

Given Chen Mo's personality and temperament, he would never be so restrained; there must be a master guiding him behind the scenes.

Whoever you are, get off Chen Mo right now!
Old Ma suddenly recalled the sharp, almost tangible gaze he had felt during his speech, and a chill ran down his spine.

He seemed to know the answer.

The Summer Davos Forum officially concluded on the afternoon of September 20, with over a hundred sessions yielding fruitful results.

Subsequent media reports mostly emphasized China's transformation from a "follower" to a "leader" in the global innovation wave.

Authoritative media outlets such as Xinhua News Agency and CCTV News focused on the important propositions put forward at the forum's opening ceremony.

The integration of technology and industry, and the "Internet+" concept have once again become hot topics.

Discussions on cutting-edge technologies such as artificial intelligence, big data, blockchain, and biotechnology have attracted much attention.

Professional financial media outlets such as CBN and Caixin provided in-depth analysis of the speeches delivered by the business leaders present.

Attentive readers will notice that the names and opinions of tech pioneers such as Lei Jun, Pony Ma, and Chen Mo appear frequently in these reports, but one person who should have been the focus is conspicuously absent.

Mainstream media outlets seem to have reached a tacit understanding, cautiously observing the trend, with no one daring to rush ahead at this time and risk their lives for traffic.

They are the most sensitive group of people.

Those media professionals who initially failed to understand why Chen Mo had "quieted down" have now finally come to their senses.

Old Ma, or rather, Ant, is not in a good position.
On the very night the conference closed.

Ma rushed back to the Hangzhou headquarters overnight and held emergency consultations with the group members behind him, intending to follow Didi's example and seek a radical solution.

Meanwhile, in the capital, a high-level meeting with far-reaching implications is underway. "This is the draft of Chen Mo's speech originally prepared for this afternoon; you can all take a look."

Several important figures took the thin document in turn. As their eyes scanned it line by line, disbelief and shock gradually appeared on each of their faces, even mixed with a hint of lingering fear.

The title of the article was unremarkable, but the content was like a drawn sword, its cold light chilling:

First, we must be wary of the "Midas touch" mentality.

Using billions of dollars in capital to leverage a lending scale of three hundred billion dollars through the "Midas touch"—this insane operation of a hundredfold leverage would make even the most greedy speculators on Wall Street bow down.

Back then, Lehman Brothers triggered the global financial crisis with a leverage of only 30 times. One can only imagine how audacious it must be for someone to play a death game with leverage of 100 times.

All charlatans who claim to be able to turn lead into gold are frauds. This kind of "turning debt into gold" trick is essentially the same as the Dutch tulip mania of the 17th century and the South Sea Bubble of the 18th century.

Compared to these precedents, at least they had flowers or territory as a vehicle, while what we are facing may just be a pure numbers game and risk transfer.

The tragedy of the Titanic did not stem from its lack of innovation or size, but rather from its arrogance and disregard for the iceberg (rules).

Secondly, we must expose the true nature of "usury" hidden beneath the guise of "inclusive finance".

Some people like to talk grandly about 'green,' 'inclusive,' and 'sustainable,' and like to boast about serving millions of small and micro enterprises and ordinary users. They constantly have 'making it easy to do business anywhere' on their lips, which sounds very noble.

But let's peel back this gorgeous exterior and see what's inside.
Through asset securitization and other methods, the scale is amplified exponentially, and the benefits are increased layer by layer, while the risks are packaged and transferred layer by layer, ultimately making the entire social system bear the ultimate risk, while the securitizers reap the hefty 'toll'.

Where is the benefit for all?

This is clearly modern-day usury disguised in the guise of technology. It is a systematic exploitation of young people and low-income groups using big data to create precise profiles!
Finally, we must be wary of the narrative trap of "those who steal a country become kings".

Some people try to create a narrative: I am innovative, therefore I am right; I am massive, therefore I am unstoppable; I represent the future, therefore all existing rules must give way to me.

What an arrogant and hegemonic mindset this is!

Think about it carefully, does this kind of thinking seem familiar to us?
The most seductive lie is to distort the concept of regulation and stigmatize it as 'hindering innovation'.

It should be understood that true innovation does not require any special privileges or special treatment!
This is like allowing certain companies to mint coins without regulation—that's not innovation, that's scheming.
So today, here, I must say:

Innovation must never become a license to evade regulation;
The future must never be used as an excuse to tear apart the current foundation of stability!

True entrepreneurship is about creating within the bounds of rules with a sense of awe, and about taking responsibility for considering the social costs behind innovation, rather than waving the banner of 'disruption' while actually engaging in 'hollowing out'.

This is not creating the future, but rather eroding overall financial stability and mortgaging the future of a generation!
Under the guise of "inclusive finance," they are actually engaging in "lending."

In the name of 'future,' they are destroying our 'future'.

Each generation has its own tasks. Some people always love to enjoy the uncertain future, but I only care about the present, and I am always ready for it!

Thanks!"

(End of this chapter)