The four journals (AnnStat, JASA, Biometrika, JRSSB), dubbed the Big Four 四大，have been widely used in China as the ultimate criteria for promotion and award competition. By now, they have served their positive historical role and purpose. But their detrimental effects on the whole statistical community have gradually become evident. Primarily, they have consumed our energy and prevented us from pursuing much larger goals like scientific and technological advances. It is high time to retire them and replace them by a more open and flexible system for promotion and award recognition. I will outline one such system, dubbed the Magnificent Ten 华丽十大，as a “brick” to get a “gem” (抛转引玉). I will also briefly outline a similar problem in the management science community, namely, their adherence to or instance on using the so-called UTD24 for recognition and reward, especially the two journals (MS, OR) for the operations research community. Finally, I will discuss the impacts of AI on statistics and data science, why the exclusive devotion of energy to the Big Four pursuit has hurt our community in facing the challenge and onslaught of AI, and what we may do to drastically revamp our discipline.

Professor C. F. Jeff Wu is the X.Q. Deng Presidential Chair Professor in the School of Data Science of The Chinese University of Hong Kong, Shenzhen. He is a Professor of Industrial Statistics and Coca-Cola Chair Professor in the H. Milton Stewart School of Industrial and Systems Engineering at Georgia Institute of Technology. He was elected to the National Academy of Engineering in 2004 and to Academia Sinica in 2000. He is also a Fellow of the American Society for Quality, the Institute of Mathematical Statistics, INFORMS, and the American Statistical Association. His honors include the 1987 COPSS Presidents' Award, the 2011 COPSS Fisher Lectureship, the 2012 Deming Lectureship, as well as the Shewhart Medal (2008), Pan Wen-Yuan Foundation Outstanding Research Award (2008), Georgia Tech Class of 1934 Distinguished Professor Award (2020), and the Sigma Xi Monie A. Ferst Award (2020). He was the 1998 Mahalanobis Memorial Lecturer at the Indian Statistical Institute, the inaugural 2016 Akaike Memorial Lecturer of the Japan Statistical Society and the Institute of Statistical Mathematics, the 2017 ENBIS Box Medal recipient, and an Honorary Doctor of the University of Waterloo.