Counterattack starts with controlling probability
Chapter 200 Cooperation Plan
When the news about Li Hao reached Hall's ears.
This professor in the field of data economics is holding a small academic seminar.
He hurriedly ended the meeting and called Li Hao.
"Lee, you are an incredible boy."
Hall said with a smile, his tone full of curiosity.
"I was able to finalize the cooperation with Zhang Jingren so quickly. This is not something that ordinary people can do."
Li Hao smiled and said in a relaxed tone, "Professor Hall, you are too kind to me. This is not something I can accomplish alone. It all depends on the right timing."
Hall scoffed. "Don't try that on me. Your timing is always better than everyone else's."
"To be honest, I originally thought you could only get Zhang Jingren to relent, but I didn't expect him to actually agree to a pilot cooperation. I have to admit, this is truly a rare opportunity."
Li Hao nodded. "It's indeed an opportunity, but as you know, TikTalk's current troubles haven't been completely resolved. If we can't turn these regulatory crises into opportunities, this partnership may not last."
Hall pondered for a moment and said seriously, "That's right. TikTalk's current situation may seem like a regulatory issue, but it's actually the entire international situation that's having an impact."
"If you can find a breakthrough that not only resolves the current problem but also allows TikTalk to establish a positive image during the crisis, that would be a real victory."
"I think so too." Li Hao leaned back in his chair, his eyes flickering. "Professor, where do you think we can start?"
Hall's tone turned serious. "First, there's the technical aspect. The core issues of regulatory scrutiny are data privacy and algorithmic bias, which are the foundation of your cooperation."
“If you can come up with an innovative data processing model through this collaboration, for example, one that allows data to generate value while protecting privacy, that would be a huge breakthrough.”
Li Hao nodded and interjected, "This model can not only be used internally, but can also be made public to demonstrate TikTalk's technological transparency and innovation to the outside world."
"This will both respond to regulatory concerns and regain public trust."
"That's right," Hall continued. "Another factor is public opinion. As you know, public trust in TikTalk directly affects whether it can survive this crisis."
"If we can leverage this collaboration to release some positive news, such as 'TikTalk is collaborating with leading international quantitative investment institutions to promote the compliance of data applications,' this information will have a huge positive impact."
Li Hao smiled. "Professor, your 'building momentum' tactic is spot on. However, technology and public opinion alone aren't enough. I think we also need to consider commercial value."
"Oh? What do you think?" Hall asked.
"Simply put, this cooperation with TikTalk will not only be about crisis response, but will also bring it actual business growth."
Li Hao's tone was firm.
"For example, we can use our public opinion database to help TikTalk optimize its advertising recommendations or content distribution. This direct commercial value will give investors greater confidence in its future."
Hall pondered for a moment and said slowly: "Your idea is very good, but you should pay attention to one thing——"
"Don't let regulators think you're taking last-minute measures to avoid scrutiny in the short term. All actions should appear natural and gradual."
"I understand." Li Hao said with a smile, "So I will let Zhang Jingren advance slowly under the guise of a pilot cooperation. We won't rush for success, but every step must produce tangible results."
Hall's tone was filled with praise. "Li, if you can turn TikTalk's crisis into an opportunity this time, not only will Zhang Jingren be grateful to you, but I will also use you as a case study in my next book."
Li Hao laughed out loud: "Professor, you'd better help me polish it in advance. Maybe I can sell it for a good price."
After the two discussed some technical and operational details, Hall hung up the phone. Li Hao stared at the documents on his desk, knowing full well that the success or failure of this collaboration would not only affect the future of TikTalk but also the global expansion of New Star Investment.
He took a deep breath, turned on his computer, and began to work on his next plan.
"Mr. Pi, we need a little more luck this time." Li Hao whispered to himself.
【Do not worry. 】
Lao Pi's voice sounded in my mind
[However, even if you have some luck, you still have to do things on your own.]
Li Hao knew that Lao Pi was right.
You can't completely solve the problem by yourself.
He needs to mobilize the existing resources of New Star Investment, integrate the wisdom of the team, and develop a practical plan.
The next day, Li Hao called together the core team members.
Xu Lei, Chen Kai, Liu Xia and Ji Shuqiang gathered together.
In the conference room, several people had different expressions, but their eyes were all focused on Li Hao.
"Everyone, I called you here this time to discuss the cooperation between TikTalk and us, and how to turn their current crisis into an opportunity."
Li Hao went straight to the point.
"This is a rare opportunity, but if not handled properly, it could also become a risk. So, I want to hear your views."
Xu Lei, the chief technical expert, was the first to speak:
"I think we need to put a lot of effort into technology. TikTalk's two biggest problems are obvious to all: data privacy and algorithmic bias."
"This is also where regulators are paying the closest attention. If we want to help them turn the situation around, we can consider developing a new data processing framework."
He pushed up his glasses and continued:
"For example, we can use 'federated learning' technology. Through this technology, we can process data on the user's terminal rather than transmitting it to a central server. This protects privacy and allows regulators to see our sincerity."
Li Hao nodded. "That's a good idea. Federated learning is indeed a good direction. But for its implementation, we need to clarify the technical indicators. Can you provide a preliminary plan?"
Xu Lei smiled and said, "No problem. Give me two days and I'll get the team together to create a prototype."
Chen Kai took over the topic:
"Technology can solve privacy issues, but from the perspective of the capital market, what TikTalk lacks most is not technology, but confidence."
"Investors now only see a company in trouble, not a growth point with great potential."
He continued his analysis:
"Our cooperation this time must send a signal to the capital market - TikTalk can not only resolve crises, but also find new growth opportunities in crises."
"For example, by optimizing advertising revenue models and expanding new business models through public opinion databases. As long as investors see the future growth prospects, they will actively come forward to endorse TikTalk."
Li Hao smiled faintly: "Chen Kai, you mean to build momentum first and stabilize market expectations, right?"
"That's right." Chen Kai nodded, "But this publicity must be based on real cooperation results, not just empty slogans."
Liu Xia, the person in charge of marketing, had been listening attentively until this moment when she spoke:
"Both Lei Ge and Chen Kai's suggestions are great, but I think there's still one key point missing: user awareness."
She paused and continued:
"At present, TikTalk's image in the minds of users has been somewhat damaged by this crisis. If we want to help them recover, we must take some concrete actions to regain users' trust in us."
"For example?" Li Hao asked.
"For example, we could launch a 'Data Transparency Day' event," Liu Xia said with a flicker of excitement. "We could invite users and the media to participate, allowing TikTalk to publicly showcase its privacy protection and data processing procedures."
"At the same time, through the cooperative public opinion database, we publish insight reports that have a positive impact on society, such as analysis of economic trends or hot issues that users are concerned about."
"This will not only attract attention, but also help to counter the false accusations made by regulators through public opinion."
Li Hao nodded. Liu Xia’s suggestion really hit the user’s psychology.
The last speaker was Ji Shuqiang. This young technical genius never liked to talk nonsense and got straight to the point:
“I think TikTalk’s biggest crisis right now is algorithm transparency. Federated learning is good, but it may not satisfy regulators in the short term. So—”
“We can consider creating an ‘algorithm explanation system’ to show regulators the algorithm’s decision-making logic in a visual way.”
He quickly scribbled a few words on the paper and added, "This system can transform complex recommendation algorithms into a 'cause-and-effect chain,' allowing people to see at a glance how the recommendations were made."
"This will not only prove the fairness of the algorithm to regulators, but also help TikTalk optimize its own recommendation mechanism."
Xu Lei nodded. "That's a good idea. Explanatory AI is indeed a promising direction. I can work with Shu Qiang to make this system a core feature of our collaboration."
After listening to the speeches of several people, Li Hao nodded with satisfaction:
"Very good, everyone's suggestions are very valuable. I think we can do this—"
"Brother Lei and Ji Shuqiang will be responsible for technical research and developing solutions for 'federated learning' and the 'algorithm explanation system' as quickly as possible. Chen Kai will be responsible for building momentum in the capital market and boosting investor confidence. Xiaoxia, you will be responsible for designing user-level promotional activities, especially the idea of 'Data Transparency Day', which I think is very feasible."
"Next, I'll continue to liaise with Zhang Jingren to connect our plan with their team. Does anyone have anything else to add?"
Several people looked at each other and said there was no problem.
Li Hao stood up and said with a smile, "That's settled. Everyone, this isn't just about helping TikTalk; it's also an opportunity for New Star Investment to enter the global market. Everyone, give it your all, and I'll buy you a drink!"
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