The recent closure of the Silicon Valley Bank has caused many friends to panic, and they have begun to face the global impact in 2023, and related inquiries are also endless.
After talking to my friends about risks, I often add that every crisis also brings great opportunities.
2008 was the year of the subprime mortgage crisis, but it was also the year that many imprisoned technologies exploded.
The technological revolution of shale oil broke out in the United States, ushering in the era of abundant global fossil energy.
Musk delivered the first production car, the Roadster, opening the era of new energy vehicles.
Jobs released the iPhone 3G and the App Store, ushering in the era of smartphones.
It's like a bushfire in Australia, which has caused serious disasters to old species and given many new species the opportunity to grow and develop.
The technological outbreak of this 08 subprime mortgage crisis seems to be customized for hardworking and brave Chinese.
In the next 15 years, the continuous cheap energy has enabled China's manufacturing to achieve sustained rapid development, as well as the energy base needed to develop green energy.
The emergence of two new tracks, new energy vehicles and smartphones, has also made China, which was originally hopeless in the field of mobile phones and automobiles, establish the world's strongest supply chain network and become the first export power.
This is because the crisis, while calamitous, can also force reform.
In the face of enormous pressure, countries have to deregulate their administrative regulations, open up scientific and technological reserves, and join hands to help each other in order to achieve a smooth passage.
Just like this round of crisis, let Europe abandon Russian oil and gas, rebuild the energy supply system, let the kings of the Middle East give up the energy war, introduce China to engage in green energy construction, let China abandon fuel vehicles, and promote the upgrading and transformation of new energy vehicles at full speed.
In the past four months, the United States, which has been hoarding technology, has released a series of technological killers such as OPEN AI, nuclear fusion net energy gain, and room-temperature superconductivity.
Even in the foreseeable future, China may gradually lift administrative restrictions on unmanned and commercial drone distribution, and the United States may also grant administrative approvals in areas such as brain-computer interfaces and digital currencies.
New fields, efficient productivity, and lifting of prohibition and control will bring new outlets and create new "outlet pigs".
At the same time, in China, labeling data and behavioral actions, screening and correcting information will create a large number of basic jobs and gradually replace the high-intensity screw workers on Foxconn's assembly line.
It's just that the new industry will replace the old industry, the new workers will replace the old workers, the new vents will replace the old outlets, and the old pigs that have not yet taken off will fall one after another.
And this is one of the reasons why there are continuous layoffs in Silicon Valley and the closure of Silicon Valley banks.
Every crisis is a blow to conservatives who are old, but a ladder of chaos for those who dare to abandon the old era and take the initiative to embrace new technologies.
As Gao Qiqiang said, "The bigger the wind and waves, the more expensive the fish."