No. 226 City Credit System

The 226th city credit system

The market capitalization reflects the market's expectations for the future of the company.

This is especially true for Internet companies.

Many loss-making Internet companies are often valued at billions of dollars.

Taking Spring and Autumn Search as an example, the revenue in 2008 was 17.795 billion yuan, and the profit was 4.363 billion yuan, but its market value was converted to 270.4 billion yuan at the current exchange rate. If Spring & Autumn Search lacks growth potential and continues to operate smoothly for 62 years, investors will have hope of reluctantly recovering their investment. The market overestimates the market value of Spring and Autumn Search, not to covet the current revenue and profits, but to invest in the future of Spring and Autumn Search.

Future expectations, on the other hand, often rely on forward-looking concepts.

In order to stabilize the Spring and Autumn Search ATM, Wei Dongsheng continued to use the Spring and Autumn Search vest to launch various forward-looking concepts: image search launched before Google; face recognition for the trial operation of the joint Liangzhu theme garden; Big data from the United Rose Fund; NFI close-up recognition payment ...... jointly launched by Zhiyu

Wait a minute.

The rapid development of China's economy to catch up with Japan and surpass Germany is a matter of recent years, before that, due to historical factors, China's industrial construction lacked a lot of lessons, and many basic technologies were controlled by others. Markets that are already stable and lack high growth prospects, such as the personal computer market, have been actively abandoned by Spring and Autumn, and do not compete head-on with Intel and AMD; In a new continent such as the smartphone market, Spring and Autumn and Zhiyu will invest heavily in the landing. The NFC launched by Philips, Nokia and Sony has not yet become a climate and the threshold is not high, so it is regarded as a market that can be opened up by Wei Dongsheng. Then, Spring and Autumn cooperated with Zhiyu to launch the NFI solution, doing everything possible to bypass patent restrictions.

Similarly, there are 3D color codes that are compatible with QR codes.

In order to induce users to update their devices and increase sales, Zhiyu Technology has added the NFI function of close-up recognition payment, the three-dimensional color code function of bundling credit treasure and the just-launched WeChat smart phone. In other words, Wei Dongsheng saw the scene of the flood of QR codes in the future in his 30-year memory, but he did not follow the trend of copying the successful cases in his 30-year memory, but slightly transformed it under the conditions he could, and launched a new version of the 3D color code that is backward compatible with the QR code.

In terms of technology, the 3D color code of the Zhiyu version reduces the fineness of color recognition, improves the fault tolerance rate, reduces the information capacity, and makes room for beauty and beautification for the ugly QR code; In terms of practicality, scenarios such as shopping malls and supermarkets can promote NFI, 3D color codes and backward compatible QR codes, which can meet the needs of scenarios lacking basic equipment.

When Spring and Autumn Search first started, it had the impression that it was just a search engine in the public's mind, and it was not as profitable as the Spring and Autumn Network, which dominated the online game market; However, with Wei Dongsheng's continuous efforts, one year, two years, three years and five years, the image search engine to face recognition; From the concept of big data to mobile payment, the high-tech image of Spring and Autumn Search is becoming more and more stable.

Deng Yu is a fan who admires the achievements of Spring and Autumn Search. Deng Yu is particularly looking forward to the future of mobile payment brought up by Sapientia_3, and he is excited when he sees his mobile phone swiping the bus. After observing for a while, Deng Yu looked at Ji Susu and Qi Lirui and sighed: "You people from Panyang City are of very high quality. ”

Qi Lirui said modestly: "No matter what quality is high or low, they are all the same people." ”

Deng Yu: "The sincerity is very high. If you look at the order of this bus, you can get a glimpse of the whole leopard. First of all, there is no one evading the ticket in the unmanned ticketing car, and the mobile phone will be swiped on the mobile phone, and the coin will be inserted. I also noticed that passengers either ask the driver or automatically check the fare, and if they should pay two yuan, they will pay two yuan, and if they only have one yuan in change, they will take the trouble to change change with other passengers to make up for it. It's incredible that a large sheet of 100 yuan can be easily exchanged for money. However, I really can't imagine that people dare to trust each other like this when they meet on the bus. ”

Qi Lirui pointed to the roof of the bus: "There is a camera." ”

Deng Yu: "There are more buses with cameras. ”

Qi Lirui added: "The cameras in Panyang City are different from those in other cities, and they are part of the trial operation of the urban credit system jointly launched by Spring and Autumn Search and the Panyang Municipal Government, and each camera can be connected to the Internet in real time and has a certain face recognition function. ”

"Before the summer of last year, the bus system in Panyang City was still the hardest hit area by cheating, scammers, and thieves, and passengers were often cut their bags, lost their mobile phones and wallets. After the launch of the urban credit system, from Panyang Railway Station to the bus system, large and small criminal gangs such as cheating, abduction, fraud and theft were captured by the whole process monitoring big data system. The Public Security Bureau used this as evidence to arrest 5,000 or 6,000 people and carry out re-education through labor for those who habitually cheated and deceived those who refused to change their ways. It's not that we Panyang people are of high quality, but that everyone is scared by the city's credit system. ”

"Also, passengers have no taboo to exchange money with each other, which is also an incentive for the city's credit system. If the exchange of money within 100 yuan encounters fake money and is defrauded, as long as the deceived person can provide sufficient detailed evidence, the city credit system will arbitrate in accordance with the law, first compensate the deceived person 100 yuan, and then deduct points to punish the fraudster. ”

"Also, from running red lights to fights, all bad behaviors will be included in the city's credit system. The credit score of each resident citizen is initially 1000, and the points will increase by moral models and good deeds; Illegal and bad behaviors will be deducted points, and the deduction will be below 800 points, and the citizen will be ordered to study laws and regulations, volunteer labor for a certain period of time, and take the civilization test like a driver's license to restore his credit score; If the deduction is less than 600 points, it is possible that they will be ordered to carry out compulsory re-education through labor. If it cannot be proved that the other party has malicious intent, 30 credit points will be deducted; If there is evidence that the other party deliberately defrauded, 300 points will be deducted at one time; If the other party refuses to change his ways, he will be sent to re-education through labor immediately. ”

Deng Yu's eyes widened suddenly: "This is too exaggerated!" ”

Qi Lirui shrugged: "Slowly get used to it." Actually, there's nothing wrong with that. ”

Deng Yu: "When was the urban credit system in Panyang City implemented, why haven't I heard of it?" ”

Qi Lirui: "It was launched during the financial crisis last year, and the municipal government also has a special webpage to introduce it. Maybe because of policy problems or technical problems, Spring and Autumn Search did not take the initiative to publicize it, so it did not attract attention on the Internet. ”

Deng Yu habitually paid attention to the enforceability of the technology, questioning: "Is the face recognition technology of Spring and Autumn Search capable of distinguishing every citizen?" What should I do if I admit my mistake and create an unjust, false and wrongful case? ”

Qi Lirui shook her head: "I don't know the specific technology. According to the propaganda, the judgment standard of the urban credit system is 'presumption of innocence' rather than 'presumption of guilt', and it is indeed impossible for the city credit camera to accurately identify every bad behavior, and usually collects very reliable and detailed evidence before listing the sentence. Moreover, the specific implementation procedure is very complicated, and I can't say clearly. Everyone says that the urban credit system of Panyang City is like a police patrol, and the probability of catching your illegal and bad behavior may not be high; But if you are caught, the chances of being wronged are very small. Moreover, the lower the credit, the stricter the monitoring of you by the city's credit system, and it will stare at you when you go out. ”

Deng Yuruo has something to gain: "I think I understand a little, it should be machine-assisted labor, spot check citizens with good reputation, and focus on monitoring citizens with poor reputation." However, we came to Panyang from other places, why didn't anyone tell us that there was a city credit system to supervise us? It's a bit of a punishment. ”

Qi Lirui: "You think too much. In fact, this system is costly, and it has not yet been rolled out in Panyang City. The urban credit system slowly expanded outward from the Spring and Autumn Street and the Liangzhu Theme Garden, and the Panyang Railway Station was known as the scar of Panyang, so it was cracked down by the municipal government and put into trial operation of the urban credit system in advance. The municipal government has recently renovated the Panyang railway station and bus system, and the publicity measures may not have kept up, so it looks a bit uninspiring. The bus will go to the Spring and Autumn Building for a while, and the slogan of the urban credit system will appear on the bus TV and the roadside outdoor advertising screen. ”

Deng Yu: "I see. ”

Talking and laughing, the bus drove out of the old town.

Passing through the border of Xiangshan District, the changes that Wei Dongsheng brought to Panyang City slowly unfolded: here, in addition to the infrastructure of high-rise buildings that are not weaker than those of the metropolis, there are also technological social reforms similar to the urban credit system. The shadow of the small county town brought by Panyang Railway Station was swept away, and fresh graduates such as Deng Yu, Qiu Ye, and Dong Qinqin began to look forward to their first job.

Qi Lirui performed her duties extra and kindly led a group of fresh graduates to report.

Spring and Autumn search has developed to this day, and it has jurisdiction over many products such as post bars, encyclopedias, videos, etc., and one building can no longer accommodate all departments. Although the nine fresh graduates are all engaged in technology, they are also divided into departments of different natures, such as Qiu Yi assigned to the business search department, Dong Qinqin assigned to the search research and development department, Deng Yu assigned to the natural language processing department, Ji Susu assigned to the artificial intelligence department, and so on.

Among them, the business search department, simply put, is advertising, more inclined to business, and the office space is arranged in the Spring and Autumn Search Building. The search R&D department, natural language processing department, artificial intelligence department, etc., are more inclined to technology, and the workplace is arranged in what employees commonly call small buildings - several scientific research buildings with seven floors above ground and three floors underground.

During the trip to the destination, Ji Susu suddenly received a call from Wei Dongsheng: "Have you arrived in Panyang?" ”

Ji Susu replied as she walked: "Well, I was on my way to the Spring and Autumn Search Building to the Spring and Autumn Third Scientific Research Institute. ”

Wei Dongsheng: "Come to Building 4." ”

Ji Susu didn't know why: "Huh? ”

Wei Dongsheng: "I'm in Building 4. ”

Ji Susu smiled in surprise: "You are also in Panyang." ”

Wei Dongsheng: "I told you before, I've been in Panyang for half a year. ”

Ji Susu: "Oh, I'll go over now." ”

Ji Susu hung up the phone, and Dong Qinqin asked curiously, "Who is so happy?" ”

Ji Susu said truthfully: "My old classmate. ”

Dong Qinqin: "Which one...... It can't be Wei Dongsheng, right? ”

Ji Susu happily walked with her hands behind her back: "Hmm." ”

Dong Qinqin's eyes widened: "I'll go." As soon as I arrived in Panyang City, I called to condole, if it weren't for your roommate who has been in the same dormitory with you for four years, I would have suspected that the two of you have an adulterous relationship. ”

Ji Susu took a sip: "Nonsense." ”

Dong Qinqin didn't care: "It's okay now, with your big tree to lean on, no one will dare to bully me in the future spring and autumn search days." ”