I would like to say that we must first study the trends of the times.
In any era, there was a trend that dominated that era.
And people, companies, and countries that rode the wave of the times have led the world.
The trend of the times refers to the flow of technology, capital, and consumption that dominates the world.
Knowing the flow is essential to achieving wealth and financial freedom.
Throughout the history of human development, new technologies have always given rise to new industries, and the leading companies in those industries have always become the leading companies of their time.

--- p.23

While the benefits of information and communication technology are likely to continue for at least the next decade, until 2035, what is certain is that a new cycle of technological innovation will begin after 2035.
What innovative technologies will lead the way? I believe that biotechnology and AI will be the driving forces for the next 50 years. While AI technology was already developed in the 1970s and 1980s, its current flourishing stems from the vast amount of data available, which can be called the "rice of future industries."
In the future, the competitiveness of each country will be determined by its ability to secure a data environment, and a new world of digital wealth gap will emerge accordingly.
We must prepare for this world.

--- p.148

The ChatGPT case may sound like a sensational story, but even robots know that the era of earning money through labor is over.
So, we have to get on the changing trend.
The top 1% of wealthy people make most of their money from financial income.
Especially in an economy like today where money is being thrown around like a helicopter, if you don't want your income to be slashed by inflation, you need to have financial assets that hedge against inflation.
Because the money you spread will ultimately go to the person who holds the assets.

--- p.193

Ultimately, China surpassed the United States to become the world's largest trading nation in 2013.
As China's influence in the global economy grows, the United States begins to feel nervous.
As is well known, the Trump administration began to contain China in 2018 by imposing tariffs on $360 billion worth of Chinese products, and tensions between the two countries continue to this day.
For reference, China responded to the US tariff policy with a counter-tariff policy of $110 billion on US products.
There seems to be a widespread view that both countries suffered losses in a situation where there was no clear winner.
As I just mentioned, the US-China conflict is still ongoing.
What started as a trade conflict has since expanded into political and military issues.

--- p.244~245

In other words, the Chinese government is implementing policies to encourage funds invested in real estate to flow into high value-added manufacturing.
First, we are actively implementing preferential policies to lower loan interest rates as much as possible for companies in future industries such as renewable energy, batteries, and semiconductors, thereby enabling them to grow as leading industries.
In addition, efforts are being made to mitigate the risk of a hard landing for the Chinese economy by implementing interest rate support policies for real estate companies and ensuring that the economy runs smoothly before manufacturing becomes the leading industry.
In short, it is safe to say that the Xi Jinping administration, which must simultaneously achieve economic growth and stability, is at the most critical juncture in history.
The outcome will be decided in the second half of this year and next year.
If the replacement of leading players in the leading industries is successful, the Chinese economy will embark on a new growth path. If not, it could end up reminiscing about Japan's lost past.

--- p.271

We live in an era where things that were once difficult to imagine, where people and objects, reality and the virtual, and all things in the world are connected, have become reality.
In short, it is the era of smart convergence.
For example, we live in an era where competition between universities goes beyond the domestic border and competes with universities around the world.
Seoul National University competes with Harvard University.
Only by breaking out of the well and becoming competitive on the global stage can we become true winners.
Now, even industry must apply collective wisdom.
A platform must be established where collective wisdom can generate ideas and create new products.
Embedding metaverse platforms into all industries is a global industrial trend.

--- p.405