Let’s keep that contact and we will do what you just suggested. We’ll take advantage of your offer. We will try to get to the ministers that have, as you suggested, the AVR projects first and see where they take us. Thank you so much. It was a ...
A little bit, OK. I just bought a house there because I enjoy France, not only enjoy France but we have a growing activity. As you know, France is hosting the La Valle, which is the number one place for research meetings. My house is just there. Our center is ...
Vous parlez Français?
Then, the last point is that if the minister travels to any of the locations, UK, France, I know that you are speaking sometimes in France.
Nothing. I have to fly here. [laughs]
How far is it?
That’s right. Excellent. I really appreciate that advice. It was an honor and pleasure to meet you. Thank you for taking so much of your time. We’ll be back in Taiwan and this gentleman lives in the area, so...
Yeah, it’s a vehicle to inject AI.
That’s the person we need to reach.
Who’s heading that?
I think that’s a bit more different than what we’re trying to do.
That’s great.
OK, so we can use that?
I think that would be very helpful for us. Would you be open to do that?
I believe many trust your judgment in terms of what technology is feasible and what is not and you have a great amount of respect. If you could consider to give your recommendation to, for example, a minister to spend 30 minutes with us, worst case scenario, they learn a ...
Then, you do have to engage with the people that actually make the decisions, which is not the minister. The minister goes, this is interesting. If you do both, with this type of offer, our success has been high. We had a chance to meet the working people but we ...
We have, normally, a 95 percent success rate but I’ve learned from the past, these two things. You have to do, what I call top-down, bottom-up. You have to get blessing, or at least general interest, from a minister level person or higher.
I guess the question then, and we don’t have to answer them today, is that based on your understanding of what we would like to achieve, which would you recommend? A, would be the most suitable and B, the probability is reasonable to engage with that, if it is ...
In that case, would you be interested or willing to help us to get to the right contacts to apply for such a scheme?
What we were told yesterday is that there is a similar scheme here in Taiwan. Are you aware of this scheme?
They create a new scheme, similar to what Italy has and almost every country has, where if there’s a foreign investment, and want to put 75 percent on investment and the local government can support 25 percent grant, assuming certain criteria and that is an impact to many.
We have had success regionally. I have a question, though. We were having a meeting here yesterday here, and I gave an example of what happened in Thailand. I was in Thailand last week. The government there set up something for the digital economy called Thailand 4.0.
Then, we do develop courses. I would say, the value is everything physical, practical, whether it’s chemistry, physics, biology, more so than relativity theory because that’s more of a theoretical thing. It has to be something with interaction with a practical thing.
We do it, for example, in Singapore, I didn’t say this much but the biggest market now is actually K-12, if you look at number of students because it’s like a pyramid.
STEM?
Now, comes my question. Given your experience, what would you advise us, what do you think would be the most -- it’s assuming you find this interesting for Taiwan -- what would you recommend us would be the best path to make it happen?
Czech Republic was through the EU. Greece was through government grant. Serbia, this minister became, actually, the prime minister, first female prime minister and so on. I would say, 70 percent is government grants. 20 percent is government investing in university and we, making a foreign investment in that university ...
US, we did it also through a university. Norway, we did it through a government. They set up a cluster. Belgium, they did it different. They have an investment arm, so they actually invested in the entity. Cape Town, they gave the money to a university and so on and ...
When the government, don’t provide us the grant, they provide it to a university and we have to donate our 20.9. The university owns the center and we get access to it. For us, it’s no different. We can do either one or the other.
Based on that, as long as we fulfill the KPI, it is a grant. If we don’t or don’t achieve the goals, they have the right to get some back. This is the way we did it in Manchester. We did the same in France. In Singapore, the ...
We want to do it in an open way. The way we done it, for example, in the UK, 70 percent of cases, we came in with 75 percent of the money. The local government, in this case, manages to provide us a grant but it’s not free money ...
How we did it for other locations...70 percent of our centers...because we tried first to do it with private people. Private people, what happens is they look immediately to help close the center. [laughs] Meaning that, we met a company here and they said, "Yes, you can do ...
The contents will be reusable. We have content that’s six or seven years old that still is very useful. It is exciting but the challenge here is, how do you create this PPP, private-public partnership? If you look at how we done it in other locations, and then, I ...
Correct. We are now on the basic, how do I replace a fry master? [laughs] Basic but it’s useful. People are willing to pay for it and we help bit by bit.
Meanwhile, I think this, what you have right there, there’s a billion of them. It’s actually a very good way to do AR knowledge injection. For the things we are doing, what you are talking about is there. Human communication, which requires a lot of aspects.
Nobody’s going to go with a brick in front of their head. I think what we’re going towards is glasses and these glasses can use opacity and can transition easily from AR to VR but it’s going to take some time.
The discussion would have been over if that was our focus, headsets only. Then, I said, "How about this room?" Then, we had an IQ. Then, I said, "OK, now you’re talking. More screens." First of all, the headsets -- we were just speculating about this -- it’s probably two ...
Also, to be honest with you, there’s many times I come in, I was, two weeks ago, in the biggest nuclear power plant in the US, in Palo Verde, and the first thing the guy came in and said, "Oh, headset? I can’t take...I get headache."
I agree.
That’s a poor version.
Correct.
Right now, I’m not worried about that. I’m just the bridge-maker. I’m the gap. I’m trying to get us from where we are today...AVR will be just an intermediary period, maybe 20, 30 years, allows us to leapfrog to neural lace because we can’t ...
You see, 2037, we get neural lace. I’ve read everything about it. I’m a science fiction buff. The problem is, it’s becoming difficult by then to imagine what you cannot do. If you put this together, neural lace, and you put data roamers, and you put all ...
Neural lace lab? No. I know, it’s a joke. I got that part but seriously, I looked into it and it will get there. In fact, if you saw my slide, probably the next 20, 30, 40...
I’m sorry?
We established the KPIs and then, we went from there. With that, I’ll stop there. Before I ask for your advice, maybe you have any questions?
"Just say 40 percent better, faster knowledge transfer and can help uplift my people. For me, that’s valued 40 to 100 times more than making $50 million and outsourcing this because I want to take benefit of this before I get it to other people." I said, "That makes ...
They said, "Listen. I have four million people in my area. I have 43 four-year universities. I have Europe’s largest colleges, 300,000 students. What I like to do, I want to drink my own champagne first. What I mean is that if this technology can help us uplift ...
I said, "OK, what is it?" "Listen, we don’t want to develop content for you Americans." I said, "First of all, I’m not American." [laughs] "I’m Swedish." "But what would like to do?"
There will be local IP development. I always joke about this, but at this point in my presentation I had Sir Richard Leese to say, "Dan, thank you for your enthusiastic presentation, but I must say, sincerely, one thing."