After the train arrived in New York, Carnegie said to Westinghouse: "The laboratories of Li Yu and Tesla are both on Fifth Avenue in Manhattan, right?"
"That's right, it's not far from the Waldorf-Astoria Hotel where you usually stay," Westinghouse said.
Carnegie said: "Let's go and see."
Westinghouse was surprised: "You want to go too?"
Carnegie said: "My little granddaughter is also waiting for me there. Oh, no, she is already here."
Sierra was waiting outside the station in her Buick car.
Carnegie said to Westinghouse: "We just happened to be riding in the car together."
After getting in the car, Sierra asked Carnegie: "Grandpa, why did you return to New York early?"
Carnegie said: "Who told you to make too much noise here? My friends in the patent office told me that Li Yu has won several major inventions."
Sierra said: "You really should come and take a look, otherwise it will be bad if others stare at you."
Carnegie smiled and said: "Don't worry, although I have retired, I still won't be able to speak without being listened to."
Li Yu's several patents were indeed a bit ruthless, especially for electronic tubes. He was afraid that other consortiums would forcefully buy them.
The capital market is very bloody.
But if Carnegie himself showed up, they would have no choice but to give up.
There were other engineers coming with Westinghouse. They could only take another carriage, but fortunately the distance was not far.
After arriving at Fifth Avenue, they came to Li Yu's laboratory. After knowing that Westinghouse was coming, Tesla was also waiting here.
"Mr. Carnegie, Mr. Westinghouse, hello!"
It is also a coincidence that these two are the "funders" of Li Yu and Tesla respectively.
Carnegie walked around the room, and Li Yu introduced him to patents such as electronic ignition systems, zippers, expansion screws, and electronic tubes.
Carnegie was a super successful entrepreneur with a keen vision. After listening to Li Yu's introduction, he knew that these inventions had great potential.
"There are so many industries involved, it's dazzling," Carnegie said. "Although I'm not familiar with the automobile industry, construction industry, and radio, I believe they all have great potential. I have very high hopes for your prospects."
Carnegie increasingly felt that Sierra and Senator White had really sharp visions and were really accurate in judging people. He was determined not to let other large conglomerates get too involved in Li Yu's inventions, patents or even industries.
Li Yu smiled and said: "Thanks to Mr. Carnegie for your appreciation."
Westinghouse first asked Tesla to demonstrate the alternating current to direct current test. After seeing the success, he felt relieved: subsequent orders were guaranteed!
At this time, several engineers in carriages also arrived at the laboratory.
Westinghouse pulled someone over: "Fedenson, from now on you will stay with Mr. Tesla and continue to complete the mobile radio receiving device."
Li Yu is currently solving hardware problems, and radio reception also requires modulation of radio waves.
Fedensen was the first person to complete radio wave modulation.
This man was Edison's chief chemist before, but he also left Edison and joined Westinghouse Electric with Tesla.
Fedensen is almost unknown, but in fact the number and types of patents he obtained are extremely high. He obtained as many as 500 patents in his lifetime. The most eye-catching one is the modulation of radio waves.
Fedensen has always been fascinated by radio transmission. After learning about Li Yu's mineral radio patent, he was extremely excited.
Although the effect of triodes was obviously better than that of mineral radios, the word "radio" in the patent name suddenly made Fedensen very interested.
He took a closer look at the mineral radio, and he knew from the structure that it could complete radio reception, and he couldn't wait to test it.
Li Yu smiled and said: "Actually, the effect of the triode is better."
Fedensen was a technical geek and couldn't care less about Carnegie and Westinghouse, so he immediately immersed himself in the preparation.
Li Yu's patent laid an excellent foundation, and it can even be said that it helped Fedensen avoid some detours.
Westinghouse asked curiously: "How is it?"
Fedensen vowed: "It won't be long before we can use mobile radio devices to receive radio signals over long distances!"
Marconi had previously completed the transmission of radio fixed points, but once mobile devices can receive the signal, it will inevitably be big news.
Westinghouse was very happy: "Great, I must try my best to complete it!"
Li Yu said: "I also believe that it won't be long before Mr. Modern can see the equipment he has dreamed of."
——Li Yu is determined to inspire Tesla again.
Tesla really felt a little embarrassed. He had always claimed to be the inventor of radio, but now Li Yu and Fedensen had completed the experiment of mobile wireless receiving devices.
Carnegie said: "If it can really be made, I think not only Mr. Morgan, but also Mr. Rockefeller and others will be very interested in buying it."
For such large chaebols, money is just a number, time is the most important to them, and the temptation to obtain information quickly is too great.
Westinghouse said: "Mr. Tesla, I think your Wardenclyffe Tower would be best used for radio transmission during this time."
Tesla could no longer refuse and could only accept: "Okay, but it will only be used for radio transmission temporarily."
Li Yu corrected him: "It should be radio broadcast."
Transmission and broadcasting are two completely different concepts, with the latter having a much wider scope.
Fedensen lived up to expectations and completed the modulation in a short time. The main reason was that Li Yu's triode and mineral radio were so effective.
The molding machine was also made.
Li Yu completed the bulk of the machine, so Li Yu controlled the patent. However, since Feddensen was from Westinghouse Electric, if Li Yu wanted to build it himself, he would have to pay some royalties to Westinghouse Electric in terms of modulation.
Similarly, if Westinghouse Electric manufactures its own products, the patent licensing fee paid to Li Yu will be more.
Tesla contacted Morgan, who immediately agreed that Tesla and Li Yu should come to him with a mobile radio receiving device.
Tesla and Li Yu took the device to Morgan's office, while Fedensen made a radio broadcast on Long Island at the agreed time, and then the device could receive the signal.
Morgan had become the "world's creditor" at this time, holding a large amount of national debt from the United States, the United Kingdom, Mexico, Argentina and other countries, and he made a lot of money from these.
In 1900, the railroads under Morgan's direct and indirect control were 108,000 kilometers long, accounting for almost two-thirds of the current U.S. railroads.
Morgan's office was also in Manhattan. Li Yu and Tesla arrived under the building and were led in by his assistant Spencer.
Spencer said: "I didn't expect you to complete the research and development of mobile radio devices so quickly. It's really amazing. If it had such efficiency at the beginning, I think Mr. Morgan's funds would have been injected long ago."
Tesla smiled bitterly and said: "Mr. Spencer, please stop teasing me."
Morgan's office is very elegant. He is only two years younger than Carnegie and is also a 66-year-old man. But after all, he is rich, so he maintains it well.
"Hello Mr. Morgan!"
Tesla and Li Yu first said hello after entering the room.
Morgan said: "Please take a seat, it's rare for two outstanding scientists to be present."
Tesla placed the radio on the table: "Mr. Morgan, in ten minutes you will hear through it the sound from Wardenclyffe Tower on Long Island."
Morgan must have seen a telegraph machine, but it was really unexpected that something like this, which was not connected to a telegraph line and could be carried around casually, could also receive messages.
Morgan lit a pipe: "Exciting."
Taking advantage of this time, Morgan asked Li Yu again: "I heard that Sierra from the Carnegie family casually invested 30,000 US dollars in the stock market and now has a profit of nearly 20,000 US dollars. It is unbelievable. According to my information, she followed
The stock was purchased on your instructions."
He is worthy of being the top chaebol in the United States. He has amazing ears and eyes. He knows all these things.
Li Yu said frankly: "It's just a coincidence."
"No, no, no," Morgan waved his right hand holding the pipe, "I think it must be because of your strong mathematical knowledge. After all, the stock market is full of numbers."
Well, luckily he thought so.
Morgan continued: "Can you also use mathematical knowledge to predict the stock for me?"
Li Yu almost fell over.
If mathematics can be used to some extent in gambling, it is possible to make profits by using probability theory, but it really does not have much effect on stocks.
When later generations of financial institutions recruit people, they like two types of people the most: one is from a super rich family who can save a small goal; the other is someone who majored in science and engineering, especially mathematics.
As for the finance major...
But when it comes to stocks, there is no discipline or theory that can predict it.
Once a stock becomes predictable, it ceases to exist.
Moreover, the operating mechanism of stocks itself cannot be described by mathematics, and mathematics is not used for this.
Li Yu had no choice but to explain to him: "Mr. Morgan, although mathematics is the most reliable way for humans to understand the world, it is not the only one, let alone omnipotent. Mathematics cannot help many problems. There are too many factors involved in the rise and fall of stocks.
, the company's own operations, economic environment, future expectations, and even political policies will all affect it. It cannot be described by one or even a few mathematical formulas. If I insist on saying it, I think it is also what I mentioned in "Fractals and Chaos" before.
It’s a chaotic system: it’s impossible to predict the future.”
Fortunately, Morgan was a smart man. He took a puff on his pipe and said, "I remember the 'carp effect', right?"
Li Yu smiled and said, "That's right."
Morgan didn't take it seriously. On the contrary, he was really afraid of what Li Yu could predict.
Ten minutes passed quickly, and Tesla said: "Mr. Morgan, it's time to start. Please listen."
After the sizzling sound of electricity, the radio radio device made a sound:
"If anyone wants to sue you and take your coat, let him take your coat as well. If anyone forces you to go one mile, go with him two miles. If anyone asks you, give it to him. If anyone asks you, give it to him.
Those who lend money must not refuse.”
This is a passage from the Gospel of Matthew in the Bible.
"It's incredible!" Morgan exclaimed even though he was well-informed.
Tesla didn't expect the effect to be so good. Fortunately, he listened to Li Yu and used transistors directly.
"It's entirely because Mr. Li Yu's patent and Mr. Fedense's modulation are so excellent," Tesla said.
Morgan stood up, looked at the radio, and asked: "If there is a transmitting tower in New York, can it transmit information to the Atlantic Ocean and even resorts in Europe?"
Li Yu replied affirmatively: "Yes."
"Very good!" Morgan said, "The passage you chose is also very thoughtful."
Morgan naturally didn't care how much money he spent, and nodded to Spencer, and then he said: "Mr. Tesla, congratulations, your project can continue to receive funding."