Chapter 44 The Terrifying Recommendation Algorithm
"Crazy, this Lin Feng is simply crazy."
"I am so disappointed. How can a crappy algorithm be worth 20% of Bilibili's shares? Is it more valuable than the development plan that will turn Bilibili from loss to profit?"
"That's right. It's just a 10-year license to use an algorithm, but it's said to be worth 20% of Bilibili's shares. How ridiculous."
"Lin Feng is trying to trample our IQ under his feet."...
There were many discordant comments in the live broadcast room. Through these comments, Lin Feng knew that they were comments made by people who were jealous of him or by the UP hosts of Bilibili.
And these remarks did have some effect. After seeing the barrage of comments, more than 250 million netizens on Bilibili couldn't help but show questioning looks.
"It seems that everyone doesn't understand the significance of recommendation algorithms? In your opinion, what is the most important thing for a successful business?"
In response to Lin Feng's sudden question, a barrage of comments followed.
These comments are mainly divided into categories such as 'core technology is the most important', 'establishing good relationships with superiors is the most important', 'marketing genius is the most important', 'luck is the most important', 'service is the most important', 'a complete development plan is the most important', etc.
Faced with so many comments, Lin Feng shook his head, then smiled and said:
"Each of the answers you gave is a factor that affects business success.
But in my opinion, the most important thing for successful business is to be able to sell tangible and intangible goods to consumers, otherwise it is all in vain.
Unless you don't want to make money but just want to have fun or gain a reputation, the ultimate goal is to sell tangible or intangible goods to consumers.
Other core technologies, development plans, and marketing talents are all means to achieve the ultimate goal, among which my recommendation algorithm came into being.
The most terrifying thing about it is that it can analyze users' personality, preferences, behavioral trajectories and other data through big data.
Directly push all tangible and intangible product information such as news, novels, videos, movies, TV series, food, travel, commodities, etc. that users are interested in.
In theory, once this recommendation algorithm is completed, it will affect the business landscape of the entire world and will change everyone.
Because from now on, mobile phone and computer users around the world will find that the news, novels, videos, movies, TV series, food, travel, commodities and other information they see every day are all of interest to them.
But at this time, I gave B station a 10-year license to use such an algorithm, which will definitely bring strong competitive potential to B station.
Once Bilibili uses the recommendation algorithm I developed, users will find that the videos or live broadcasts promoted on Bilibili are always of interest to them.
After that, everyone will naturally like to visit Bilibili. Bilibili’s user stickiness and retention are high, which will naturally attract more UP hosts to submit videos to Bilibili.
There are more and richer videos, coupled with the precise push of recommendation algorithms, which naturally makes users unable to stop once they open Bilibili.
Under this interaction, Bilibili will become stronger and stronger over time, while other websites without recommendation algorithms will become weaker and weaker. This is the importance of recommendation algorithms. "
After hearing Lin Feng’s words, more than 250 million netizens finally understood the meaning of Lin Feng’s words, and finally realized the importance of recommendation algorithms.
If the recommendation algorithm developed by Lin Feng can really achieve what Lin Feng said, then Bilibili may indeed become stronger and stronger.
No wonder Lin Feng said that the profit development plan is worth 10% of the shares, and the 10-year license to use the recommendation algorithm is worth 20% of the shares.
This is indeed a profit-making development plan that only solves its own operational problems, and the recommendation algorithm can make Bilibili highly competitive, with a stronger momentum of development, and it can defeat other competitors.
"That's amazing. I can already foresee the horror of the birth of such an algorithm."
"Indeed, when you open your phone, all you see are things you like, and they are all arranged. It's a bit scary to think about such a world."
"I just don't know if Lin Feng can really figure it out, don't be so hypocritical." "Why are you making so many malicious speculations? In any case, I think it would be great if such an algorithm could really be born."
"Yeah, it's too troublesome to find videos now. If it can automatically recommend videos that I like, I would still support it."...
There is a polarization phenomenon in the barrage.
Some people think that the emergence of such a recommendation algorithm is not a good thing for mankind, as people will lose their freedom.
Some people think that the emergence of such a recommendation algorithm is a good thing, as it can save them the time wasted in searching for good videos in a vast pile of videos.
However, among the more than 250 million people at the scene, there were many people with a keen business sense, and they also asked Raymond Lam in the barrage whether he needed investment.
Although there is no evidence that Lin Feng is proficient in algorithm research and development, judging from his confidence, Lin Feng can definitely come up with such a recommendation algorithm.
Even if they cannot achieve the effect that Lin Feng said, as long as they can achieve one-fifth of it, it would be great, so they really want to invest in Lin Feng's research and development.
In this regard, Lin Feng naturally would not give them the opportunity to invest. After all, they were able to keenly perceive the potential of this recommendation algorithm, and how could he, a time traveler who developed the recommendation algorithm, not know it.
In the following time, Lin Feng chatted with netizens for more than ten minutes, and then Lin Feng said that he had to develop a recommendation algorithm and would not be able to answer netizens' questions.
At that time, the camera image will switch to a view overlooking the entire room from above, allowing people to watch him work remotely.
At that time, there will be only background music to accompany everyone, and everyone can also see how he works from a distance. If you think the picture is too boring, you can do other things.
In response to this, netizens in the live broadcast room naturally nodded in understanding, and then went about their own business.
It didn't take long before the millions of viewers in the live broadcast room left.
Some of them went to watch videos, some went to watch the live broadcasts of other anchors poached by Bilibili, and in the end, only about 200,000 people stayed to watch Lin Feng's work because they were curious about how he worked.
Finally, by 11 o'clock in the evening, when Lin Feng turned off the live broadcast, he found that a total of 281 million people had visited the entire live broadcast room.
This number is much lower than the 3 to 4 million that Lin Feng expected, but it is higher than the lowest estimate of more than 2 million, which is a good result.
As for the income from live broadcast rewards, it is not low, reaching 52 yuan in rewards. After deducting his non-exclusive maximum 73% profit contract with the B station live broadcast platform, Lin Feng still earned 36 yuan in pre-tax income.
In general, being an internet celebrity is really profitable. You can earn hundreds of thousands of dollars just by doing a live broadcast. It can be said that if you can earn this much every day, it would be more profitable than selling handwriting robots.
But Lin Feng knew that this was impossible, because he could make so much money from a live broadcast now, actually because many teachers were grateful to him and gave him tips after seeing him.
This can be seen from the fact that although there are a large number of people giving rewards, the average reward does not exceed 100 yuan.
Therefore, if I can earn 10,000 yuan before tax every day, it will be considered good.
After all, there’s really nothing interesting to see in his live broadcast, just a non-looping background music and a distant view overlooking the entire room.
If Raymond Lam didn't take some time out from time to time to chat with netizens, it would be good if there were 1000 people watching the live broadcast at the same time.
However, just when Lin Feng thought that time would pass slowly like this and he would quietly develop until he came up with a recommendation algorithm that would make a splash, a public opinion crisis quietly struck.
(End of this chapter)