Lao Xu View

 Recently, there has been a viewpoint that "the AI revolution may have lost momentum, because even if generative AI includes advertisements, it may not be worth it, as the cost of searching for an answer each time might be higher than the advertising revenue." I believe this view is too one-sided and overlooks the potential of technological advancements and business model innovations.       Firstly, the cost of computing power is decreasing. The development of technology has led to a gradual decline in the cost of computing power. Historically, whether it is the development of computers or internet technology, Moore's Law has applied, which states that computing power doubles approximately every 18 months while costs continue to decrease. This rule also applies to the AI field. With advancements in semiconductor technology and the gradual commercialization of quantum computing, the cost of computing power will further decrease in the future, significantly reducing th...

      Investing is an important and complex decision that involves a comprehensive consideration of various factors. Here are some key factors that investors need to pay special attention to when formulating an investment strategy: 1. Investment Goals: Determining your investment goals is crucial, whether it's pursuing long-term wealth growth, short-term cash flow, or saving for retirement. Clear goals help you develop an appropriate investment strategy. 2. Investment Risks: Every investment carries risks, such as capital loss and income volatility. Assessing your risk tolerance and choosing investment products that suit you is essential. 3. Investment Returns: Compare the expected returns of different investment products to select the ones that best meet your needs. Understanding historical returns and potential future earnings can help you make better choices. 4. Investment Timeframe: Choose investment products according to your investment timeframe (short-term, medium-...

 In the business world, sales and marketing are two inseparable concepts, each with its unique role and function. A simple saying encapsulates their essence: "Sales push products to users; marketing pulls users to products." This perspective deeply reveals the fundamental differences in strategies and objectives between sales and marketing. "Sales", as an activity directly aimed at closing deals, focuses on quickly and effectively pushing products or services into the market. Sales personnel achieve sales through product demonstrations, direct communication, negotiation, and persuasion. The goals of sales are usually short-term, such as monthly or quarterly sales targets. Therefore, in the sales process, quickly addressing customer needs, overcoming objections, and closing deals are the primary tasks of salespeople. Sales is a direct and powerful "push" strategy designed to prompt customers to make immediate purchase decisions. On the other hand, "mar...

The “Anatta-lakkhana Sutta”, one of the significant scriptures in the Samyutta Nikaya, centers around the core Buddhist teaching of "Anatta" (Non-self). This doctrine asserts that all phenomena, including body and mind, are impermanent, suffering, and devoid of a self. The Buddha elaborates on this in several aspects: Impermanence (Anicca) The Buddha first highlights the impermanence of the five aggregates (skandhas) – form, feeling, perception, mental formations, and consciousness. The Sutta states: "Form is not self. If form were self, it would not lead to affliction, and it would be possible to say, 'Let my form be thus.' But because form is not self, it leads to affliction, and it is not possible to say, 'Let my form be thus.'" The Buddha emphasizes that form (physical matter) is not fixed and changes over time and under various conditions. Similarly, feelings, perceptions, mental formations, and consciousness are also subject to change. This imp...