1. Only a Wheel Turning at High Speed Stays Balanced 1.1 The Consumer-Side Boom Is Over As of June 2023, China had 1.079 billion internet users, up 11.09 million from December 2022, with an internet penetration rate of 76.4%. The consumer-side demographic dividend has passed, time spent online is also growing slowly, and there is little room left for growth in applications built on existing scenarios.

1. Drawing the Heavy Sword, Challenging the World Since 1840, China endured more than a century of humiliation; yet starting in 1978, it took only a little over forty years to turn from a poor and weak great power into a wealthy and strong one. This is a manifestation of a nation’s resilience and wisdom.

Adobe acquired Magento for $1.67 billion, Microsoft acquired GitHub for $7.5 billion, IBM acquired Red Hat for $34 billion — open source turns out to be a good business too. This article is mainly a record of, and some thoughts about, open source. 1. What Open Source Is 1.1 History In 1969, Bell Labs shared the Unix source code with the community, laying an important foundation for open source.

1. IT Infrastructure Is Undergoing Drastic Change Traditional enterprises are building more efficient business models on top of internet technology to strengthen their competitiveness in their industries. Lower R&D costs, faster product iteration, closer proximity to customers, better service quality… This whole set of changes will push the productivity and living standards of society as a whole onto a new level.