Going forward, we think the search box展望未来will become something different.搜索框将会发生变化We call it Box Computing.称为框计算It&#39s our vision for the future of computing.这是对于未来计算的一个愿景Why?为什么这么说呢?This is a search box that every Chinese is familiar with,这是一个中国人都很熟悉的搜索框but when you look at people&#39s needs,但是当关

So when a request is entered into this box,当用户输入请求之后we do all kinds of semantic analysis, behavioral analysis,将会对此请求进行各种语意分析，行为分析intelligent interaction with the user并与用户进行智能交互than massive computing然后进行大量计算and figure out what the user really wants.来定位用户的真正需求Once that&#39s clear, we will send it结果一出t

But what we quickly found was但是百度that we were still losing money.仍然在亏损Although we probably signed up the portal companies that尽管占中国搜索流量超过80%的门户网站represent more than 80% of the Chinese search traffic,都与我们签了约Baidu still could not survive.百度的生存问题That&#39s the challenge we faced.仍然严峻So quickly I realize

Another very unique thing for China is that,另一件在中国特别的事情是for this chart at the bottom,从图表底部you can tell that there are more than 700,000可以看出每年有超过70万的engineering graduates each year.工科毕业生Engineering - meaning computer science-related engineering.这里的工科指的是与计算机相关工程科学So the talent pool there is huge.中国有着巨

What it is about Baidu and the Chinese search market that&#39s allowed是什么让百度在中国Baidu to become much more successful than Google and Yahoo! in China?比谷歌以及雅虎做得更成功Specifically, what is it that American companies that,美国公司对于中国的互联网行业both then and now, still don&#39t understand about始终不甚了解China that you t

But in any case, I thought I had no choice.无论什么情况，我都没有选择So I put my head down and focused on operation technology,我选择脚踏实地工作，专注于公司的运营focused on the user&#39s experience, and I delivered.专注于提升用户体验，这一切我都做到了At the time of the IPO,当百度IPO上市的时候Baidu had about 40% of the traffic share in China百度占据了for Chine

You know, Baidu was founded at the beginning of 2000,百度成立于2000年初and quickly NASDAQ reached its historical high of 5,000.不久，纳斯达克指数创下5000点的新高I remember it was March of 2000.那是2000年的3月Then it dropped to about 1100 a little over a year later.但是，一年多时间里又跌回1100点That is a very difficult time for people对于互联网

About a year ago,在一年之前we started a project called Aladdin.我们启动了一个叫&quot阿拉丁&quot的项目It&#39s really a technology initiative这是一项that&#39s aimed to index the致力于将暗网&quotdark&quot web or the hidden web,或隐藏网页纳入索引的技术创新because according to computer scientists,根据计算机科学家的统计right now the conditional search engine

It&#39s not a million-dollar question.这不仅仅是几百万美元的问题It&#39s a trillion-dollar question.这可关系到几万亿美元I think many of the Chinese are very eager to find out许多中国人急于找出what it takes to form a Silicon Valley in China,在中国形成硅谷的方法especially for the government officials.尤其是政府官员During the past 30 years,在过去的30年里Chi