The Magician’s Memorial - Chapter 372



Only Krnovel

372. Caprice (2)

Capriciousness or uncertainty.

It was the word that companies hated the most, and it was also the reason they did not want to do business with fickle partners.

But what if the capricious person is the U.S. Federal Reserve?

I just had no choice but to suffer.

Because one company cannot argue with the decisions of the Federal Reserve Chairman, who is called the economic president of the United States.

“The U.S. Federal Reserve made an official announcement. They changed their stance to maintain the scale of quantitative easing. The Federal Reserve is moving as the Chairman expected.”

“The U.S. stock market must be in turmoil.”

“The stock prices of companies that are greatly affected by interest rates have begun to rise all at once, and everything is fluctuating, regardless of bonds, futures, and exchange rates.”

It is not for nothing that the Chairman of the US Federal Reserve is called the economic president.

This was because his words moved not only the U.S. economy but also the world economy.

Therefore, the economic situation completely changed with just a single statement that quantitative easing would be maintained.

“Mr. Chairman, how do you think the Federal Reserve will maintain the scale of quantitative easing?”

“The timing of your question is quite late. Isn’t this a question that should be asked during the preparation process?”

“I have learned firsthand that it is beneficial to follow everything the president tells you to do. So, I feel more comfortable asking questions after a situation arises.”

President Han had already made all the preparations.

The working team was extracting enormous profits from the rapidly changing stock market due to the sudden maintenance of quantitative easing.

He was a boss who did everything he had to do.

So I was able to ask these questions with peace of mind.

“The inflation rate and employment indicators were not very good, so the Federal Reserve could not have abandoned the quantitative easing card.”

“The Chairman of the Federal Reserve also brought up the inflation rate and employment indicators in today’s announcement. However, expecting the Federal Reserve to change its stance based on that alone feels like a weak basis.”

I couldn’t say I had seen the future.

In order to persuade President Han, I had no choice but to use the word White House.

“I read that kind of atmosphere when I was invited to the White House. Of course, I didn’t hear anything directly, but if you look closely at the reactions of the president and key figures, you can read the tone of state affairs.”

“You’re saying that you made up for the lack of evidence with intuition. It’s a method that a slow-witted person like me would never be able to follow.”

President Han was not a person with great foresight.

He was a person with excellent analytical skills and had the ability to analyze the situation I predicted and create an optimal profit structure.

“We can just do what we are both good at. Will Taewoo Securities’ rate of return be good?”

“We are confident that we will generate the highest returns among all Korean financial companies. We expect that customers who subscribe to the Taewoo Securities Fund will record returns so high that their mouths will drop.”

“We should all eat well and live well together. If we eat well and live well, we will end up getting ugly in the end.”

Taewoo Securities was managing two types of funds.

One was Taewoo Group’s funds, and the other was customers’ funds raised through the fund.

“Isn’t that why the information was distributed to all financial companies in the financial tower?”

“What is the reaction? Have any financial companies protested why we are now providing information?”

“You may have thought that in your heart, but you never said it out loud. How could you do that when you could be excluded from the operation if you say one wrong word?”

It was a kind of taming.

I had to alternately give it sticks and carrots to properly tame it.

Financial companies that were only sucking their fingers when quantitative easing was tapered are now able to make profits together when quantitative easing is maintained.

So how can you resist?

If we just give them the confidence that we can keep giving them carrots.

These were financial companies that would remain in the financial tower forever, remaining obedient and gentle hunting dogs.

“If such a financial company appears, please exclude it from the next edition.”

“If it’s the next version, you’re talking about reducing quantitative easing, right? But will that situation ever come? No matter how much the Federal Reserve does, wouldn’t it be difficult to change its stance from reducing to maintaining and then reducing it again?”

From a financial company’s perspective, it was crazy and exciting.

The more capricious the U.S. Federal Reserve became, the more financial companies had to stay up all night to respond.

But it was a good thing for us.

If you knew the whims of the U.S. Federal Reserve in advance and prepared properly, you could make big profits.

“Once is difficult, but twice is easier. And it is time for the United States to reduce quantitative easing. This policy of maintaining quantitative easing is nothing more than a waste of time.”

“Then, we will make a plan based on the fact that quantitative easing will be reduced at the end of this year.”

“Profit rates will gradually drop. The market is also getting used to its volatility. Still, it will be possible to extract good profits.”

It’s President Han’s time again.

Because I had to start preparing for the next game now.

* * *

After a long time, I visited Taewo IT.

It was because I had something to talk about with Team Leader Cheon.

It was easy to spot Team Leader Cheon busily moving around here and there.

“I think I should at least buy you an electric wheel. I’m going to use up all my stamina to move around.”

“Is that okay? To be honest, I was thinking about buying an electric wheelchair to use. But I was concerned about using something like that at work, so I held back.”

“Is there anyone in Taewoo Group who would dare to pay attention to Team Leader Cheon?”

It was Team Leader Cheon who was looking at me intently.

Then she spread her ten fingers wide and closed them one by one.

“There is the chairman, the presidents of each affiliate, and at Taewo IT alone, there are dozens of people higher in rank than me.”

“I don’t know about the presidents of other affiliates, but from now on, there will be no one within Taewo IT who can say anything to Team Leader Cheon. He will be promoted to the head of the Artificial Intelligence Center. He will also serve as vice president in charge of overall management of Taewu IT.”

“Me?”

Team Leader Cheon’s peers were now assistant managers or managers.

However, she could not believe that she would be promoted to the position of vice president and center director rather than a manager.

“Then who do you promote? Isn’t Team Leader Cheon the person who created the artificial intelligence center from start to finish?”

“I just prepared and thought the new center director was coming.”

“Why are we looking for a new center director? There is already a talented person here who is recognized by everyone.”

It was Team Leader Cheon who was blushing.

It was definitely not something I said to make fun of Team Leader Cheon.

Her skills were recognized by everyone, and there were few people who would object to her becoming the center director at such a young age.

“Still, won’t employees who are higher in rank than me and have worked at Taewo Group for a long time protest?”

“In fact, Team Leader Cheon is already playing the role of center director. He is participating in most of the projects carried out by Taewoo IT, and in particular, Team Leader Cheon is involved in all AI-related projects.”

The busiest person in Taewo Group was Team Leader Cheon.

Considering the schedule she was carrying out, it seemed like even 10 bodies were not enough.

He was well qualified to become the center director because he had the success of successfully completing a series of projects that were difficult for others to carry out properly.

“Still, I think it’s premature for me to become the center director.”

“Once you become the center director, you have a lot of authority. For example, you can decide on E-sports sponsorship or advertising at your discretion.”

“······Is it possible to collaborate with E-sports players?”

“Of course it is possible. The center director has the authority to collaborate without permission from headquarters.”

“Then I will!”

I knew it would be like this too.

It was Cheon Min-jeong who was serious about E-sports.

“You will be officially appointed sometime next week. There is no need to prepare anything, you just need to mentally prepare. A private office and vehicle will be provided, and two secretaries and one assistant will be assigned.”

“It’s awkward, but you should get used to it, right?”

“Management’s time is precious. Having a secretary will free them from all the chores.”

“I’ll try.”

It was Cheon Min-jeong who didn’t know what to do with her awkwardness.

For her, I naturally brought up work.

“Is the artificial intelligence division doing well? We are collaborating with many places, so I can’t take care of everything.”

“All of the companies we are collaborating with are very satisfied. In particular, at Robo Nordisk, requests for the use of artificial intelligence have more than doubled. And they are requesting an excessive amount of information related to artificial intelligence.”

Artificial intelligence and new drug development.

It was something that didn’t receive much attention in the past.

Deep learning artificial intelligence created by outstanding researchers at the Artificial Intelligence Center, including Team Leader Cheon, has been of great help in developing new drugs.

So you must be greedy.

The reason why Centrion was able to produce insulin in a short period of time was because of artificial intelligence, and Robo Nordisk’s board of directors also knew this after receiving a report.

“Based on the information we provided, can RoboNodisk create or copy an artificial intelligence with similar performance?”

“It cannot be considered completely impossible, but it is difficult to copy Taewo Group’s artificial intelligence with the technological capabilities of the pharmaceutical company Robo Nordisk. We can at least imitate it, but that is all.”

“It’s a shame.”

“What are you saying you regret?”

A fight becomes more enjoyable only when the opponent comes forward actively.

The stronger you swing your fist, the bigger the blow you can inflict by leveraging the opponent’s strength.

However, Robo Nordisk was too safety-oriented, and it seemed like I would have to wait 10 years to get to the situation I wanted.

I can’t wait that long.

If the other person is hesitant, you have no choice but to push their back.

“Is it possible to leak the core technology so that Robo Nodisk can create a copy of artificial intelligence? Of course, this does not mean handing over the entire core technology, just enough technology to make it plausible.”

“It’s not that difficult. I can always surpass the artificial intelligence technology of the prototype I made two years ago.”

“Rather than handing it over, is it possible to just leave it in a visible place so that Robo Nordisk can easily steal it at any time?”

Carrying around a pile of cash is not a crime.

The person who could not resist the temptation and tried to steal the pile of cash took full responsibility.

“It is possible, but is there any reason to do so? Even if it is a downgraded version, there are only a few companies that have artificial intelligence at that level.”

“If RoboNodisk creates a downgraded version of artificial intelligence, can Team Leader Cheon remotely control it?”

“If I plant a few codes into the core technology, I can control it as much as I want.”

“The moment Robo Nordisk steals artificial intelligence technology, please correct the information related to new drug development.”

It was a kind of Trojan horse strategy.

The stolen artificial intelligence technology could have become a Trojan horse and a good means of attacking the inside of Robo Nordisk.

“How can I edit the new drug information?”

“Make me look like a useless piece of trash.”

“It’s not easy, but it’s possible. First, I think we need to edit all the information stored in the database and contaminate the experiment records.”

It was an opportunity to bring in a diet treatment product made by Robo Nordisk.

Of course, if Robo Nordisk did not steal core artificial intelligence information, there was nothing we could do.

But human greed has no end.

We could be sure that Robo Nordisk would steal the Trojan horse we created.