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Wang Xiao, partner at Qicheng Capital: In the era of consumer market stock, "competing on price" and "competing on value" are both important | Direct hit on the new consumption power conference.
1. Online retail has differentiated from shelf e-commerce to a type represented by pdd holdings, focusing on individual products and price mechanisms, as well as content e-commerce represented by Douyin. Both forms of e-commerce achieve precise matching of supply and demand through efficient algorithms and mechanisms. 2. In a market environment of stagnant or even declining volume, companies need to shift from opportunity-driven to capability-driven, from growth-first to efficiency-first, and from scale-oriented to value-oriented.
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MARKET-TEST-DUMMY : I mean that's pretty ingenious if you think k about it. Specially if fully implemented.
Forseen problems might be, your ride gets hacked. Or worse become a ransom situation. Technology is great. But with advancements in it you also start to discover new problems. Which is the continuous cycle. Drive for a better (fill in the blank here).
People are truly amazing. Can't wait for the system to catch up and blast the ones who do wrong. Right now people get away with stuff because of lack of getting caught. With AI advancing at a crazy rate. Hopefully we will end up in a brighter future with less crime. With more cameras everywhere now more than ever. There won't be anywhere to hide. Less privacy to come also though. Preying for an abundant calm world for the future.
Still, thanks for the post. I found it informing and thought provoking. Will be looking for more of their robotaxi stuff and more of your posts.
Just a thought that just hit me. Will this be more control from a government aspect later? Travel becoming more expensive. The more autonomous vehicles on the road sharing information, are you going to be seen as the liability? Forcing you out of owning due to costs like insurance. Just a thought. They say driving is a privilege. They also say that your privileges/rights have been slowly taken from you.
bullrider_21 OP MARKET-TEST-DUMMY : np. Glad you enjoyed my posts.
Certainly, getting hacked will be a problem. It would be bad for those depending on ride-hailing for a living.
MonkeyGee : it's because the cars are so bad that even the maker doesn't want it back. Meanwhile, thousands of miles overseas multiple EV companies are going live with robotaxi.
MARKET-TEST-DUMMY MARKET-TEST-DUMMY : Owning the cab is an interesting concept. Will profit outweigh wear and tear?
bullrider_21 OP MARKET-TEST-DUMMY : I doubt the costs are as low as Musk claims. If the ride costs as low as a bus fare, drivers can't earn much and I doubt that they want to sign up.
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