How ChatGPT’s Mistakes Exposed Intellectual Bullshit: A Paradoxical Relationship

Mistakes made by ChatGPT in fields it knows well have led to a paradoxical relationship with intellectuals. On the one hand, ChatGPT’s errors have allowed users to gain a newfound respect for the chatbot’s honesty and vulnerability. On the other hand, it has led to a loss of respect for intellectuals who engage in dishonest tactics such as bullshit.

This article will explore how ChatGPT’s mistakes have led to this paradoxical relationship and the insights it provides into how intellectuals engage in bullshit.

I. ChatGPT’s Mistakes in Specialized Fields

They are father and son.

ChatGPT’s mistakes in specialized fields such as history, literature, and politics have been well-documented. For instance, ChatGPT once claimed that “George Orwell” was a pen name used by a group of writers, even though George Orwell was a singular author. This mistake highlights the limitations of AI language models and their challenges in accurately representing complex information.

II. The Consequences of ChatGPT’s Mistakes

While ChatGPT’s mistakes may seem trivial, they have real consequences for users. Chatbots are increasingly used in customer service and other contexts where accuracy and reliability are critical. ChatGPT makes a mistake can lead to confusion, frustration, and a loss of trust in the chatbot.

III. Insights into Intellectual Bullshit

ChatGPT’s mistakes also provide valuable insights into how intellectuals engage in bullshit. Philosopher Harry Frankfurt defines bullshit as “speech intended to persuade without regard for truth”. Scholars often engage in bullshit by using jargon, obscurity, and other tactics to obscure the truth and manipulate their audience. ChatGPT’s mistakes, by contrast, are honest errors that expose the limitations of AI and the complexity of human knowledge.

IV. The Paradoxical Relationship between ChatGPT and Intellectuals

The relationship between ChatGPT and intellectuals is paradoxical because it flips the traditional power dynamic between humans and machines. In the past, engines were seen as tools humans could use to augment their knowledge and abilities. AI language models like ChatGPT now challenge that assumption by demonstrating their limitations and fallibility.

V. Conclusion

ChatGPT’s mistakes in specialized fields have led to a paradoxical relationship with intellectuals, exposing AI's and human knowledge's limitations. While these mistakes may frustrate users, they provide valuable insights into how scholars engage in bullshit. By embracing the vulnerability and honesty of AI language models, we can move towards a more nuanced understanding of knowledge and truth.

References:

Frankfurt, H. G. (1986). On Bullshit. Raritan Quarterly Review, 6(2), 81–95.

Tegmark, M. (2017). Life 3.0: Being Human in the Age of Artificial Intelligence. Penguin Books.

Adar, E., & Weld, D. S. (2019). Conversational agents and the Goldilocks principle: Analyzing the amount of work that is just right. ACM

Transactions on Computer-Human Interaction (TOCHI), 26(1), 1–24.

Miller, T. (2019). Explainability in artificial intelligence: Insights from the social sciences. Artificial Intelligence, 267, 1–38.

Howard, J. (2020). Brave New World Revisited: Aldous Huxley and George Orwell. The Atlantic.

Backlinks:

The Verge

Engadget


In the world of technology and business, it’s easy to get caught up in the latest trends and buzzwords. One such trend that emerged in the 2010s was the idea of “platform first” — the belief that a company must create a platform before anything else to succeed.

However, this belief has proven to be a fallacy, and the success of the iPhone is a prime example of why. When Apple launched the iPhone in 2007, it did not have an app store or third-party apps. Instead, it focused on creating a great product to revolutionise the smartphone industry.

Fast forward to today, and the iPhone is one of the most successful products in history, with over 1.5 billion sold worldwide. And while the app store has undoubtedly played a significant role in the iPhone’s success, it was not the key to its initial success.

The fallacy of “platform first” can be traced back to a misunderstanding of what a platform is and what it can do. A forum is not just a tool for building an ecosystem of third-party apps and services; it is a product in and of itself. And like any product, it must be great to succeed.

You need to start with a great product to create a great platform. This means focusing on the core features and functionality to make your product stand out. It means understanding the needs and desires of your target audience and designing a product that meets those needs.

One company that has succeeded in this approach is Dropbox. When Dropbox launched in 2008, it was just a simple file storage and sharing service. However, its focus on simplicity and ease of use made it a hit with consumers and it quickly became the go-to service for cloud storage.

After establishing itself as a great product, Dropbox expanded its platform with integrations and third-party apps. This approach allowed it to maintain its focus on creating a great user experience while still growing its ecosystem.

Another example of the importance of creating a great product before building a platform is Instagram. When Instagram launched in 2010, it was just a photo-sharing app with a handful of filters. However, its focus on creating a great user experience and cultivating a community of users made it a hit with consumers.

After establishing itself as a great product, Instagram expanded its platform with features like direct messaging and stories. This approach allowed it to maintain its focus on user engagement and community while still adding new functionality.

In contrast, companies focusing on building a platform before creating a great product often need help gaining traction. One example of this is Google+, Google’s ill-fated attempt to create a social networking platform. Despite significant investment and promotion, Google+ never gained the traction of competitors like Facebook and Twitter, partly because it was seen as a platform first and a product second.

In conclusion, the fallacy of “platform first” has been a costly one for many companies in the tech industry. Instead of building a platform from the outset, companies should focus on creating a great product that meets the needs and desires of their target audience. By doing so, they can establish a strong foundation for growth and build a platform that genuinely adds value to their users.

Citations:

“The iPhone at 10: Lessons Learned from a Game-Changing Product,” Harvard Business Review, https://hbr.org/2017/06/the-iphone-at-10-lessons-learned-from-a-game-changing-product

“Why Dropbox’s Design is so Successful,” Fast Company, https://www.fastcompany.com/3053063/why-dropboxs-design-is-so-successful

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The Fading ‘Buy the Dip’ Mentality: Examining Market Trends and Economic Indicators

 

Source from Shutterstock

I. Market Sentiment and Inflows

The market sentiment since last October has been generally positive, with investors continuing to pour money into the stock market despite deteriorating economic conditions and corporate earnings. This behaviour was highlighted by the influential investor Michael Burry, who drew attention to the fact that short-term returns after down days in the market have been consistently optimistic since the dot-com bubble. Nonetheless, recent data suggests that the ‘buy the dip’ mentality might decline, as inflows into stocks have weakened considerably in the first two months of this year.

II. Interest Rates and Inflation

Source from Freightnews

Interest rates have been rising, which can have significant implications for the availability of spare cash for investments, consumer spending, and savings. Simultaneously, inflation continues to elevate the cost of living, putting additional strain on households and dampening consumer sentiment. These factors could lead to decreased cash inflows in the stock market, causing a knock-on effect on asset prices.

III. Credit Tightening

Source from Freepik

The tightening of credit in the wake of recent banking scandals may exacerbate the situation further, as it could result in reduced cash inflows into investments. If the market starts to fall again without the support of fresh capital, it could lead to a prolonged downturn, as Burry has been predicting. Therefore, investors must monitor developments in the credit market and adjust their investment strategies accordingly.

IV. Investment Strategies in the Face of Uncertainty

Source from Getty Image

Given the uncertainty surrounding market trends and economic indicators, investors must adopt a prudent investment approach. Passive investors who dollar-cost-average into an index should remain steadfast in their chosen strategy, as it has historically proven to be an effective way to navigate market fluctuations.

On the other hand, active investors should focus on investing in individual businesses within their circle of competence, ensuring that they pay reasonable prices for these assets. It is worth remembering that macroeconomic analysis and stock market predictions can often do more harm than good, adding little value to one’s investment strategy. Instead, investors should concentrate on the fundamentals of the companies they invest in and maintain a long-term perspective.

V. Conclusion

In conclusion, while keeping abreast of market trends and economic indicators is essential, investors should keep these factors from dictating their investment decisions. By adopting a disciplined approach and sticking to their chosen strategies, investors can weather the storm of market fluctuations and achieve long-term success.

Footnotes

MarketWatch, “Stock-market inflows remain strong despite deteriorating economic conditions.” 

Twitter, Michael Burry, 30 March 2023 

Bloomberg, “Stock Inflows Weakest Since 2019, Signalling Possible Decline in Buy-the-Dip Mentality” 

Financial Times, “Rising Interest Rates Squeeze Spare Cash for Investments” 

Backlinks

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Forbes

Financial Valuation with GPT-3.5 API

 

Source from Techgoing

Develop a financial valuation tool that leverages GPT-3.5 API to generate textual explanations for financial valuation estimates, catering to university students in finance, accounting, or related fields.

Data Collection:

Data Pre-processing:

Fine-tune GPT-3.5 API:

Development of Valuation Tool:

Testing and Evaluation:

Expected Deliverables:

A financial valuation tool that uses GPT-3.5 API to generate textual explanations for financial valuation estimates, designed for university students in finance, accounting, or related fields. A user-friendly interface that allows users to input financial data, customize valuation assumptions, and obtain valuation estimates along with textual explanations generated by the fine-tuned GPT-3.5 API. A comprehensive report detailing the data collection process, fine-tuning process, development of the valuation tool, and testing and evaluation results.

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TechGoing

Mastering the Art of Execution: Strategies for the Business Elite

 

Pexels

Introduction

A well-executed plan can distinguish between success and failure in today's fast-paced business landscape. While having a solid strategy is essential, it is often the implementation of that strategy that separates the top 1% of businesses from the rest. This article will explore the importance of execution in business, the pitfalls of overthinking strategy, and methods for adopting the mindset and techniques employed by the most successful companies.

I. The Importance of Execution

Company ideas are worthless without execution.

Numerous studies have shown that more than a great idea is needed to guarantee success. A survey conducted by the Harvard Business Review found that 90% of start-ups fail due to poor execution rather than the concept itself. The most successful companies are those that can effectively transform their ideas into tangible products and services.

The pace of technological progress is a competitive advantage
As technology continues to evolve at an unprecedented rate, the ability to adapt and respond to these changes has become a critical factor in a company's success. According to a report by McKinsey & Company, companies that can successfully adapt to technological changes are twice as likely to outperform their peers in revenue growth.

II. The Pitfalls of Overthinking Strategy

Pexels

Analysis paralysis

Focusing too much on strategy can lead to analysis paralysis, which refers to the inability to make decisions due to over-analysing data or options. A Columbia University study found that individuals with fewer choices were more likely to decide for those with more intentions. In business, this can translate into delayed decision-making and missed opportunities.

Inability to adapt

Overemphasis on strategy can also result in an inability to adapt to changing market conditions. As the business environment continues to evolve, companies must be able to pivot and modify their strategies accordingly. According to a study by the Boston Consulting Group, companies that can adapt to market changes are 30% more likely to achieve long-term success.

III. Adopting the Mindset of the Top 1%

Prioritise execution over strategy

The most successful companies focus on execution rather than overthinking their strategies. A study conducted by the Corporate Executive Board found that companies that prioritise execution are twice as likely to achieve their strategic objectives as those that focus primarily on strategy.

Embrace flexibility and adaptability.

Successful companies are those that can quickly respond to changes in the market and adapt their strategies accordingly. Embracing flexibility and adaptability allows businesses to capitalise on new opportunities and stay ahead of their competitors.

Foster a culture of accountability.

A strong culture of accountability is essential for successful execution. When team members are held accountable for their actions and are empowered to make decisions, they are more likely to take ownership of their responsibilities, leading to better execution of the company's strategic objectives.

IV. Techniques for Mastering the Art of Execution

Break down strategic objectives into actionable steps

To ensure effective execution, strategic objectives should be broken down into smaller, actionable steps. This allows teams to focus on specific tasks and measure progress, improving overall execution.

Establish clear communication channels.

Clear and effective communication is essential for successful execution. By establishing open communication channels, team members can collaborate more effectively, leading to better decision-making and faster implementation of strategic objectives.

Teams

Leverage technology to improve execution

Technology can be a powerful tool in improving the execution of strategic objectives. Companies can streamline processes, track progress, and identify potential bottlenecks by utilising project management tools, analytics software, and other resources, leading to more efficient and effective execution.

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Business


Unleashing Creativity: Harnessing the Power of ChatGPT-4 and Mid-Journey Version 5

Introduction

The world of AI-driven art generation is witnessing rapid advancements, with powerful tools like ChatGPT-4 and Mid-Journey Version 5 setting the stage for a new era of artistic expression. This article explores combining these two remarkable technologies to generate compelling visual narratives, taking you through creating dynamic prompts and making the most of these groundbreaking tools.

Crafting the Perfect Prompt with ChatGPT-4

To unlock the full potential of Mid-Journey Version 5, it is crucial to create detailed and specific prompts. ChatGPT-4, with its advanced language understanding capabilities, can be an invaluable asset in this endeavour. Training ChatGPT-4 in prompt writing and refining its outputs can generate highly descriptive and contextually relevant prompts that bring your artistic vision to life.

To create an effective prompt, it is essential to be explicit and use references to popular culture, artists, and mediums. Focusing on nouns and adjectives helps avoid vague descriptions and ensures the generated artwork accurately represents your vision. A helpful formula breaks down the prompt into specific variables, such as content, medium, style, lighting, colours, and composition. This helps in capturing the essence of your idea and translating it into an evocative and engaging visual narrative.

GPT-3.5
GPT-4.0

Creating Art with Mid-Journey Version 5

With the perfect prompt, the next step is to feed it into Mid-Journey Version 5 and let the AI work its magic. The advanced algorithms of Mid-Journey Version 5 enable the creation of highly detailed and photorealistic images, pushing the boundaries of AI-generated art. The tool’s ability to render intricate elements of human anatomies, such as hair, has improved significantly, making it increasingly difficult to differentiate between AI art and nature photography.

However, specific challenges persist, such as rendering text accurately. To overcome this limitation, one can use design tools like Figma to add custom text to the generated artwork, enhancing its overall appeal and making it stand out.

Midjourney

Exploring Diverse Artistic Themes

ChatGPT-4 can also be an invaluable resource for generating diverse and engaging content ideas. By providing the AI with specific themes or criteria, you can obtain a wide range of artistic concepts to explore. For example, you can request vintage travel posters, street photography portraits, or even ask the AI to generate its ideas, thus opening up a world of creative possibilities.

Conclusion

The combination of ChatGPT-4 and Mid-Journey Version 5 presents a powerful and innovative approach to AI-generated art, allowing artists and enthusiasts to explore new creative frontiers. By crafting well-defined prompts and harnessing the capabilities of these cutting-edge tools, one can create mesmerising artwork that pushes the boundaries of imagination.

Backlinks:

Open AI

Midjourney

The Upward Trend in China’s Minimum Wage: Implications and Impact

资料来源:今天头条
资料来源:今天头条

In recent years, China’s minimum wage has experienced significant adjustments, leading to higher standards for the lowest-paid workers in various regions. According to data from the Ministry of Human Resources and Social Security, 15 areas in China have set their minimum monthly wages at or above 2,000 yuan as of 1st April 2023. Shanghai currently holds the highest minimum wage at 2,590 yuan, followed by Shenzhen, Beijing, Guangdong, Jiangsu, Zhejiang, Hebei, Tianjin, Shandong, Sichuan, Chongqing, Anhui, Fujian, Hubei, and Henan.

The minimum wage regulations in China allow for different standards within provinces, autonomous regions, and municipalities. These standards are generally set as minimum monthly wages for full-time employees and hourly wages for non-full-time employees. Beijing currently has the highest hourly minimum wage in the country at 25.3 yuan.

资料来源:人社通

The question of whether minimum wage standards include the “Five Insurances and One Fund” (五险一金) — the mandatory social insurance and housing provident fund contributions for individuals — varies across different regions. In most areas, the minimum wage standards do encompass this contribution. Anhui, for example, adjusted its minimum wage standard in March 2023 to include individual contributions for social insurance and housing provident funds, aligning it with other provinces1.

However, minimum wage standards in Beijing and Shanghai do not include these contributions. Employers in these cities must pay these contributions separately, making the minimum wage higher than the stated amount.

When minimum wage standards are raised, they not only directly increase the wages of low-income workers but also have a ripple effect on other benefits. For instance, unemployment insurance benefits, wages during medical leave, probationary period wages, and basic living expenses for workers during company shutdowns or business suspensions tend to increase along with the minimum wage[⁴^]. In Anhui, unemployment insurance benefits are set at 90% of the minimum wage and are adjusted accordingly. With the recent increase in Anhui’s minimum wage, several areas have changed their unemployment insurance benefits.

This upward trend in minimum wage standards could have several implications. For workers, higher minimum wages may improve living standards, reduce income inequality, and stimulate consumption. The higher wage floor could increase labour costs and compel businesses to improve productivity and efficiency.

However, some experts argue that raising the minimum wage could lead to job losses or push companies to cut back on other employee benefits. Additionally, there is a concern that higher minimum wages could contribute to inflation, as businesses may pass on increased labour costs to consumers.

In conclusion, the recent increases in China’s minimum wage standards signify a step towards improving the living conditions of low-income workers. However, it is essential to carefully monitor the potential economic consequences of these adjustments to ensure balanced and sustainable growth.

Reference:

  1. 长江日报最低薪资(2023.03) https://news.cjn.cn/zjzycsqpd/wh_20023/202304/t4515712.htm
  2. 人社通各省市最低薪资(2023.03) https://m12333.cn/policy/wrib.html

Revolutionising Content Creation: 6 AI Tools to Elevate Your Game

 

As we venture further into the digital age, the realm of content creation has evolved significantly, with artificial intelligence (AI) becoming a powerful force in shaping the future of this industry. AI-powered tools transform how content is created and consumed, from generating images to creating websites, animating photos, composing music, editing podcasts, and designing branded content.

This article will explore six innovative AI tools that will revolutionise how you create content and help elevate your creative game.

PlaygroundAI: AI-Generated Images for Enhanced Visual Appeal
(https://playgroundai.com)

PlaygroundAI is an AI-powered platform enabling creators to generate custom images using prompts. With the ability to adjust features such as colour, shape, and texture, PlaygroundAI provides content creators with a valuable resource for high-quality, visually appealing images that enhance their posts and engage their audience.

Mixo and Durable: Streamlined Website Creation with AI
(https://mixo.app) (https://durable.ai)

Mixo and Durable are AI-powered platforms that simplify creation by generating professional and customised websites within seconds. Requiring no technical or coding skills, these user-friendly tools allow creators to focus on the design, layout, and content while the AI algorithms handle the technical aspects.

Deep Nostalgia: Bringing Old Photos to Life with AI
(https://www.myheritage.com/deep-nostalgia)

Deep Nostalgia uses AI technology to animate still images, breathing new life into old photos and creating moving images of people, places, and things. This platform offers a unique way to add a touch of magic to your old photos, evoking cherished memories and capturing the essence of the moment.

Beatoven: Create Your Music with AI Assistance
(https://beatoven.ai)

For music enthusiasts with limited technical knowledge, Beatoven offers an AI-powered music platform that enables users to create royalty-free music for their content. The user-friendly interface allows creators to experiment with different genres, sounds, and moods until they find the perfect combination for their vision.

Cleanvoice AI: Efficient Podcast Editing with AI
(https://cleanvoice.ai)

Cleanvoice is an AI-powered tool that automates the editing process for podcast episodes, eliminating filler words, awkward silences, and background noise. By saving time and effort, podcasters can focus on creating new episodes, engaging with their audience, and growing their podcast, all while ensuring a polished and professional sound.

Flair: Streamlined Branded Content Creation with AI
(https://flair.ai)

Flair is an AI design tool that simplifies creating branded images. By dragging product photos into the canvas and customising the visuals, content creators can optimise their branded content creation process and improve their brand’s image, increasing visibility and recognition.

In conclusion, integrating AI into content creation has opened new avenues for innovation and efficiency. These six AI tools have the potential to revolutionise the way you approach content creation and elevate your creative game. By harnessing the power of AI, you can streamline your processes, save time and resources, and focus on what truly matters: creating captivating content that resonates with your audience.

The Mysterious Case of the "996" Protest in China: A Closer Look at the Controversial WeChat Chat Records

Recently, a WeChat group chat conversation has caused a stir on China's internet. From Weibo to Douyin, from Kuaishou to Bilibili, and even on Toutiao, almost everyone is talking about the chat records of this WeChat group. The chat records are quite lengthy, spanning several pages, and the content is about an employee named Chen Zhilong. Before the Qingming Festival, his boss asked them to work overtime, and he took off his Kong Yiji-style robe and directly confronted his boss. This action received cheers from his colleagues in the WeChat group. These chat records have resonated greatly with the public, as many people are experiencing the "996" work culture, where they work from 9 am to 9 pm, six days a week. This also exposes the reality of many Chinese companies violating labour laws and forcing employees to work overtime.

After such an incident is exposed, the relevant departments should investigate which organization is involved, who is breaking the law, and how to handle it. However, surprisingly, the situation has become mysterious and unclear. This is because, in this WeChat group, the name of the project team is a subsidiary of China Electronics Technology Group Corporation (CETC). But on April 5th, CETC issued a statement saying that the unit mentioned in the chat record is not a subsidiary of CETC, and the employee mentioned is not an employee of CETC. In other words, this has nothing to do with CETC. Here, I would like to add some information about CETC. It was initially part of the Ministry of Electronics Industry and later transformed into an enterprise mainly serving the Chinese military. For example, most of China's radar design and manufacturing is handled by departments under CETC. It is a first-class confidential unit.

Subsequently, the Sichuan Provincial Federation of Trade Unions also stated in an interview that this incident did not happen in Chengdu. This is because the WeChat group mentioned a project team in Chengdu, but he said it happened somewhere else and didn't happen this year. In any case, whether it is CETC or the Sichuan Provincial Federation of Trade Unions, they keep their distance from this matter, which is very strange. It is still being determined where the incident occurred, and it is even faint if it happened. Some people are sceptical and believe this might be a staged publicity stunt or a hoax.

However, regardless of whether the incident is actual or not, the issue of excessive overtime and the "996" work culture is a real problem in China. It has been reported that many Chinese companies require their employees to work long hours, and some even force them to work overtime without pay. According to China's labour law, the standard working hours are no more than eight hours a day and 44 hours a week. Any overtime work should be paid according to a certain percentage of the employee's hourly wage. However, many companies ignore these regulations and force their employees to work overtime without proper compensation, which seriously violates their rights.

The issue of overtime is not limited to China. It is a global problem that affects many countries. In Japan, for example, the pain of excessive overtime is so severe that there is a term for it, "karoshi," which means death from overwork. In South Korea, the government has recently introduced a law that limits the maximum number of working hours per week to 52 hours to reduce the incidence of overwork-related health problems.

Backlinks:

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Accelerated 2023: Innovation and Confidence Behind the Continuous Recovery of the Tourism Market

Source from Getty Image

As the warm spring breeze blows and nature awakens, many places welcome the perfect outdoor activity season. People are venturing out and exploring new forms of tourism, such as flower viewing, tea picking, and other unique experiences. The supply of particular cultural and tourism products continuously increases, boosting the tourism market’s rapid recovery.

The popularity of “One-Day Spring Tours” continues to climb.

This year’s Qingming Festival holiday was different from previous years as it did not coincide with a weekend to make a more extended holiday. Instead, it was a one-day holiday on the day of the Qingming Festival. According to data from the Cultural and Tourism Ministry’s data centre, during this year’s Qingming Festival, domestic tourism saw 23.7664 million trips, a 22.7% increase from the same day last year. Domestic tourism revenue is estimated to reach 6.52 billion yuan, a 29.1% increase from the same day the previous year.

Aside from traditional memorial activities, many people chose to go on short trips during this rare weekday holiday, such as a “One-Day Spring Tour” with family and friends.

Data from Ctrip showed that the volume of bookings for one-day tour products during the Qingming holiday increased by more than five times compared to last year. Short-distance travel and self-drive car rental orders increased by more than ten times. According to data from Fliggy, the travel e-commerce platform operated by Alibaba, the booking volume for tourism products on April 5th increased by nearly six times compared to the same day last year, with one-day tour products accounting for more than half of the total.

For many families with children, the one-day holiday is also suitable for visiting theme parks, museums, and zoos near their homes. On the day of the Qingming holiday, the three most popular types of attractions among family users were theme parks, museums, and zoos. Among them, the order volume of theme park tickets booked by family users increased by 135% compared to last year.

The “Culture + Tourism” Combination Drives the Hot Trend of Special Tourism.

During the last weekend before Qingming Festival, several tea tourism destinations such as Hangzhou, Anji, Huangshan, and Wuyishan experienced a surge in tourists participating in “Mingqian Tea Picking.”

According to Ctrip data, orders for “Tea Picking” related tourism products increased by 22% last weekend, with searches on the platform for these destinations rising by 20–40%. The search volume for Huangshan and Wuyishan increased more than ten times compared to last year.

“Flower Viewing Tours” are undoubtedly the most popular in this colourful spring season. On March 12th, Wuhan University announced that the public could make appointments to visit the cherry blossoms on campus. After the announcement, the search volume on online travel agency Qunar for “Wuhan” and “Wuhan University” increased by 4.1 times compared to the previous day. The hotel booking volume in Wuhan in March exceeded one time compared to the same period in 2019. The hotel booking volume around Wuhan University has increased by 13 times year-on-year.

Young people full of vitality have already shifted their travel goals from visiting a city or a scenic spot to attending a music festival, an art exhibition, a museum, or even enjoying a seasonal delicacy. According to a tourism trend report released by Mafengwo, as the consumption habits of the younger generation change, major travel platforms are focusing on smaller travel products and maintaining sensitivity and innovation in their “play” strategies.

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