The most terrifying thing was that once you registered as a member, the capitalists effectively owned your big data.
They could indirectly set different vegetable prices based on the data.
For example, if you lived in an upscale residential community, your vegetables would cost several times more than other people's. This was called user profiling and user tiering.
Next, the capitalists would begin squeezing the farmers and suppliers, calling it saving users' intermediate costs and opening up the supply chain.
Finally, and most ruthlessly, the capitalists would start growing vegetables, raising pigs, feeding chickens, and so on, driving the farmers out and taking over the entire process themselves!
By then, vegetable prices would have risen far beyond your imagination, yet you would have no choice but to buy them.
This was the internet economy, the era of big data. It was also known as big-data price discrimination against regular customers!
The capitalists' true colors were on full display.
That was why Jiang Siming had so decisively refused Old Ma's request.
"You made Ali flourish and built up trillions in assets. Don't fixate on these petty profits. With that time, you could work on high technology, medicine, or investments. Any of those would do." Jiang Siming bluntly complained to Old Ma.
He was only willing to say this because Old Ma was his friend. He hoped Old Ma would turn back before it was too late and not go farther and farther down the road of becoming a capitalist.
If CEO Ma worked on high technology and formed a monopoly, Jiang Siming would instead congratulate him.
That was because a technological monopoly was legal and reasonable, just like his own company.
That was also the meaning behind patents.
But engaging in malicious competition, trying to swallow up smaller businesses, and monopolize