Core Viewpoint - Tianhong Fund's digital investment research platform TIRD has successfully navigated the overheating signals in the robotics sector by issuing a "sell" alert, showcasing the platform's practical application in avoiding significant market corrections [1] Group 1: Industry Challenges - The public fund industry is described as being in a "farming civilization" stage, facing challenges such as reliance on individual fund managers, disconnection between research and investment, and a lack of systematic management [2][3] - A cyclical problem exists in the public fund industry characterized by dependence on market conditions, concentrated bets, high expansion, performance decline, and investor losses [2] Group 2: Digital Transformation - The TIRD platform aims to transition the public fund industry from a "farming civilization" to an "industrial civilization" through a scientific investment research system that is process-oriented, platform-based, and intelligent [3] - The platform seeks to standardize the investment research process, ensuring that all decisions are traceable and replicable, thereby enhancing accountability and performance predictability [4] Group 3: Implementation of TIRD - TIRD is designed to convert subjective judgments into quantifiable data points, integrating research, investment, and risk control into a seamless process [4] - The platform emphasizes a collaborative approach where research recommendations and investment decisions are interconnected, ensuring that all actions are documented and verifiable [4][5] Group 4: Future Directions - Future iterations of the TIRD platform will expand into fixed income areas and incorporate AI research assistants to enhance collaboration with fund managers [7] - The platform is envisioned to evolve into a comprehensive ecosystem that integrates research management, investment decision-making, and risk control across various asset classes [7][8] Group 5: Strategic Vision - Tianhong Fund aims to cultivate "craftsman-type" fund managers who are adept at utilizing modern technology, moving away from the traditional reliance on star fund managers [8] - The TIRD platform is positioned as a foundational infrastructure for reconstructing investment research processes, aiming to combat randomness and enhance productivity through knowledge accumulation [8]