Lu Qi: I am most optimistic about these four technology trends now

White intercourse is from Ofei Temple

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What are some of the technology trends that deserve attention at the moment?

Lu Qi's answer was:

The first is digitization and digital applications;

The second is the new generation of life sciences, especially the combination of digital technology and life sciences;

The third is new energy, especially the industry brought about by the new sustainable environment;

The fourth is the transfer of global economic centers and innovation centers.

At the "X-Man Night Talk" of HICOOL Business School, Dr. Lu Qi, founder & CEO of Qiji Chuangtan, discussed the "monster upgrade problem" on the road of hard technology entrepreneurship with returnees.

In addition to giving predictions on macro technical trends, he also shared these contents.

For example, how hard technology can operate to achieve greater benefits, how B2B companies with long-term attributes can quickly achieve large-scale growth, and what entrepreneurial opportunities are available in forward-looking technologies such as Web 3.0.

Returning to China to start a business "without regrets"

First of all, in response to the cyclical problems that hard technology entrepreneurship is most concerned about at present, Lu Qi made some answers.

A very representative of hard technology innovation is artificial intelligence.

The essence of AI value creation is actually oriented to the industrial side, but the toB business process cycle is long and the research and development cost is high.

Coupled with the fact that each industry has the rules of the game in each industry, it is not easy for AI companies to join or even develop and achieve profitability, especially for start-ups.

How to cross the technology cycle and maintain a long period of stable operation has become a problem encountered by many entrepreneurial projects.

For the long-term periodicity of the toB project, Lu Qi believes that it is necessary to sort out all five problems in order to systematically build a toB product.

"Who uses your product", "Who pays", "Who makes the decision to pay", "Who brings your product in", "Who can push it after bringing it in"

As for how to operate to achieve greater benefits, he said:

The long history of human development is technology-driven, but understanding the needs when starting a business is everything, and entrepreneurs must constantly communicate with customers, understand and sort out the needs. Good entrepreneurs need to judge potential energy and go with the flow.

Then, Lu Qi also talked about the current hotly discussed Web 3.0 and the entrepreneurial opportunities of the meta-universe.

For Web 3.0, he argues that Web 3.0 is a kind of provision (service) for next-generation computing resources.

What it brings is a variety of different dimensions of trust, and the calculation results bring a variety of different motivators. How to use these new capabilities to form new entrepreneurial opportunities will have a long way to explore.

And the meta-universe, from the perspective of the meta-universe company he has invested in, he said that there are many innovation opportunities in the industrial landing, and the key is to find a suitable scene to cut in.

The essence of the metacosm is to completely virtualize the environment in which human beings exist into computables.

If all the processes, equipment and materials in a factory and a workshop are virtualized, it can be digitally stacked with various new technologies, which will stimulate a large number of entrepreneurial opportunities for process efficiency.

In the final Q&A session, Lu Qi shared his entrepreneurial experience.

It is impossible not to step on the pit in the process of entrepreneurship, and the only thing a good entrepreneur can do is to turn the big pit into a small pit. For founders, the biggest danger of any business is you don't know you don't know. It is highly recommended that "two-week iteration", no matter how big the problem, must be acted on within two weeks, not only to take action, but also to get the signal of the result of action.

In addition, he also talked about the geographical issue of entrepreneurship and "had no regrets" about the decision to return to China to start a business at that time.

In the Chinese market, there are many opportunities to drive a lot of innovation through technology, but there are also natural spillover capabilities and opportunities.

HICOOL Business School Accelerates Incubation Camp

Finally, let's introduce the HICOOL Business School Accelerated Incubation Camp.

HICOOL Business School is based on global technology entrepreneurs and is committed to becoming the "first stop for returnees to China". By integrating the superior resources of policy parties, academic parties, capital parties, and industrial parties, we will help returnee science and technology innovation enterprises quickly integrate into the domestic industrial environment.

It is understood that HICOOL Business School is headed by Mr. Kai-Fu Lee, Chairman and CEO of Innovation Factory, as Honorary Dean, and the shareholders include Hillhouse Venture Capital, Sequoia Capital China Fund, Innovation Factory, Beijing Tsinghua Industrial Development Research Institute and other top institutions.

At present, it covers the three core business sectors represented by HICOOL CLUB (HICOOL International Innovation and Entrepreneurship Club), HICOOL Business School Accelerated Incubation Camp, and HICOOL Business School International Science and Technology Innovation Think Tank.

"X-Man Night Talk" is a part of the HICOOL Business School Accelerated Incubation Camp, and in the past, each issue invited industry-university-research representatives to share the cutting-edge trend of technology and the practical experience of business management.

For example, in the first phase of the event, Dr. Wu Xiaobin, President of BeiGene, and Mr. Song Gaoguang, Partner of Northern Lights Venture Capital, were invited as guests of "X-Man Night Talk".

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