Full Transcript for Jay Latta FUTURIST

00:06:35.007 So they are somehow used to do things how they've always done it. 00:06:35.007 --> 00:06:45.096 What I'm recommending, especially in the construction business, is do not see yourself as competition to each other. 00:06:45.096 --> 00:06:47.535 So many are doing this. 00:06:47.535 --> 00:06:52.000 Try to identify, even if do not change a running system. 00:06:52.000 --> 00:06:54.757 If it's not broken, do not change it. 00:06:54.757 --> 00:07:01.278 Yes, but you can enhance if you work with someone together that does it in a slightly different way. 00:07:01.278 --> 00:07:04.677 Unlearn and relearn. 00:07:04.677 --> 00:07:16.521 We have sometimes to forget what made us successful, because the times are changing and if we miss this opportunity, we will become irrelevant. 00:07:16.521 --> 00:07:21.834 I do not think that any of these multi-billion dollar companies wants to become irrelevant. 00:07:21.834 --> 00:07:33.418 So teaching them this curiosity, bringing this back and it doesn't matter in what kind of region it is Construction business, for example can improve when they start using AI. 00:07:34.019 --> 00:07:34.661 Why AI? 00:07:34.661 --> 00:07:36.617 Everyone is talking about AI. 00:07:36.617 --> 00:07:37.430 Well, you can. 00:07:37.430 --> 00:07:39.879 For example, there are several tools. 00:07:39.879 --> 00:07:51.790 We can, for example, define corridors on your construction area where you define okay, this is a safe corridor, you do not need to wear a hard hat. 00:07:51.790 --> 00:07:59.589 Whenever someone leaves it, an alarm goes on and he will be reminded he needs to be properly equipped. 00:08:01.059 --> 00:08:02.689 It can even do something different. 00:08:02.689 --> 00:08:19.500 On a construction area, you are using several subcontractors, so these AI tools can even start counting if the built 34 workers were really on site or if there were just 90 by coincidence. 00:08:19.500 --> 00:08:21.329 So many things can happen. 00:08:21.329 --> 00:08:28.206 We are, for example, digital twins are a very important thing In architecture. 00:08:28.206 --> 00:08:28.910 We already start. 00:08:28.910 --> 00:08:37.219 We have our tool sets to create everything, but we do not pass it over, so it needs to be this kind of ecosystem. 00:08:37.219 --> 00:08:57.619 So when you have a construction area and you start scanning the construction area and simply mapping it with the architect's vision on stuff, then you have this overall thing where you see that something might go wrong. 00:08:57.619 --> 00:09:04.710 You can take it afterwards, pass it over to facility management, to the sales agent, to whomever runs it. 00:09:04.710 --> 00:09:14.318 So right now we are in this position, through technology, to make a package out of everything, and it's not just one size fits all, it serves your needs. 00:09:15.831 --> 00:09:16.293 I love that. 00:09:16.293 --> 00:09:23.893 We're going to take a little break to hear from our sponsors and we are going to come back and continue this conversation with Jay Lada. 00:09:23.893 --> 00:09:40.697 All right, and we are back with Jay Lada and architect AN emphasis on the AN. 00:09:40.697 --> 00:09:46.256 So, jay, we didn't start where I usually start, which is a little bit about your background. 00:09:46.256 --> 00:09:56.942 Of course, I know all about it because we've been friends for years, but I'd love for you to share your journey because it's pretty interesting and unexpected. 00:09:58.567 --> 00:10:01.422 Okay, where do you want me to start? 00:10:03.541 --> 00:10:04.690 Well, post-toddler pre-now. 00:10:04.690 --> 00:10:07.048 So somewhere in there Pre-now okay. 00:10:09.418 --> 00:10:20.727 So before this, right now, my eternal freedom and joining my friends to speak all over the world, working with you, working with my fantastic clients. 00:10:20.727 --> 00:10:39.830 I'm extremely picky when it comes into clients, by the way, so of course, before I've been working for a huge German, south German car manufacturer it turned out to be interesting and boring at the same time. 00:10:39.830 --> 00:10:40.437 I mean 10 folding. 00:10:40.437 --> 00:11:01.644 Before I've been working for a mid-sized consultancy here in Munich in many, many projects nearly 10 years in financial services, for insurances, in even construction, architecture and construction stuff. 00:11:01.644 --> 00:11:07.950 Before I've been in a publishing company, in the IDG group. 00:11:07.950 --> 00:11:23.081 So finally then the leading webmaster for PC world, gamestar and so on, and so CIO magazine yeah, they had all of this Before. 00:11:23.081 --> 00:11:36.710 My first stop in Munich was for Siemens, and at Siemens I've been one of the guys to implement an enterprise resource management software. 00:11:36.710 --> 00:11:38.929 I will not name it which one it is. 00:11:38.929 --> 00:11:49.364 I hate it from the deepest of my heart and I really was so happy when I got from a headhunter an offer to go somewhere else. 00:11:49.364 --> 00:11:53.745 But what you are referring to to my journey is something different. 00:11:53.745 --> 00:11:59.184 In the 90s I've been working. 00:11:59.184 --> 00:12:07.094 During my university time I came into Jillingkirchen my university time. 00:12:07.094 --> 00:12:17.022 I came into Jillingkirchen with stones not with normal stones, but with precious stones, with diamonds. 00:12:17.022 --> 00:12:20.549 It was something unexpected. 00:12:20.549 --> 00:12:22.370 It was something very interesting. 00:12:22.370 --> 00:12:25.078 I learned a lot. 00:12:25.078 --> 00:12:29.631 I have some stories that I cannot share. 00:12:29.631 --> 00:13:01.301 I've landed several times in the hospital, robbed a few times, but this time being in the diamond business, buying corals, stones, letting them cut in Ramadhan, then polishing in Antwerp was something extremely interesting to see that a society, this closed society, can live and deal just via handshake, without

contracts. 00:13:01.301 --> 00:13:14.110 So it was something extremely rewarding, something very, very interesting how this community simply is very close and supportive. 00:13:14.110 --> 00:13:26.404 Then, of course, the movie Blood Diamond came out and the overall stuff started to be a little bit less interesting than I've been robbed my last time. 00:13:26.404 --> 00:13:33.076 Then I gave up, but I will tell you something that might surprise you even a bit more. 00:13:34.018 --> 00:13:44.320 Before I studied geology, my initial plan since I've been a little boy was to become an astronaut. 00:13:44.320 --> 00:13:59.494 Really, my whole school time, everything that I've done was focused on studying engineering, becoming an engineer for space rockets, for rocket engines. 00:13:59.494 --> 00:14:12.774 But I had, during my military time, an accident and was then not allowed to make all of these internships and so on, which, of course, was the final thing for my career. 00:14:12.774 --> 00:14:16.461 So I had to rethink what else will I do now? 00:14:16.461 --> 00:14:19.808 So I started to study physics, which was fantastic. 00:14:19.808 --> 00:14:25.818 I love physics, but the math behind was not the funniest part in my life. 00:14:25.818 --> 00:14:33.143 And then one of my friends because I started to fly at the age of 14, 17,. 00:14:33.143 --> 00:14:39.643 I made my license and one of my flying buddies simply recommended me hey, jay, come with me to. 00:14:39.643 --> 00:14:43.232 Now that you don't know what to do, simply check it out. 00:14:43.232 --> 00:14:44.436 He was studying geology. 00:14:44.436 --> 00:14:49.350 So if it's something for you and it was really love. 00:14:49.429 --> 00:14:52.659 From the first moment on, I've been able to travel. 00:14:52.659 --> 00:14:55.607 You know how much I enjoy it to travel. 00:14:55.607 --> 00:15:04.828 I've seen places where normal people would never come into If it was the restricted area. 00:15:04.828 --> 00:15:17.932 In Namibia there is a 200 mile restricted area around the mining, the debers, or Namdeb, namibian debers, where they are completely keeping people out here. 00:15:17.932 --> 00:15:33.250 If you can enter it and you see stuff that does not exist anymore, like fossil termites, these buildings from them, and you can compare them to the ones that exist right now, it's really fascinating. 00:15:33.250 --> 00:15:39.788 On an older station In places, it's really. 00:15:39.788 --> 00:15:41.394 I should write a book about it. 00:15:42.057 --> 00:16:02.895 You should, you should, and I think what's really interesting too is that we as a society are really obsessed with people who have been doing the same thing over and over and over, and you see job postings and it's like you need to have done exactly the same thing for most of your career. 00:16:02.895 --> 00:16:06.546 Otherwise it's hard to advance or make a lateral move. 00:16:06.546 --> 00:16:28.058 I would argue, like you are a perfect example is that all of this life experience shapes the way you think and helps you move away from the kind of group thing which is anathema to innovation. 00:16:28.058 --> 00:16:31.089 So you're a big believer in that. 00:16:31.089 --> 00:16:34.357 I think that's where the AN comes in, the AN architect. 00:16:34.357 --> 00:16:45.366 What excites you about bringing this wealth of experience that you have in completely different industries? 00:16:45.366 --> 00:16:51.839 But how does that kind of push you forward and help you in your career? 00:16:54.365 --> 00:17:15.291 So being who I am was never easy, because trying to be a valuable member of the society, in the corporate life, in whatever, is simply something the people are used how I've said it before a linear career, a linear life, step by step. 00:17:15.291 --> 00:17:28.179 In US, you are even more accepting a mistake, that someone simply took the wrong exit, that he does it in a different way. 00:17:28.179 --> 00:17:29.383 Try it in Germany. 00:17:29.383 --> 00:17:32.829 You make one mistake and it's done so. 00:17:32.829 --> 00:17:33.191 Here. 00:17:33.191 --> 00:17:42.372 What I brought in is, whenever I've been in the position to hire someone, I always hired people that had nothing to do with it. 00:17:42.372 --> 00:17:51.212 Like, one of my best project managers was a historian, someone who deals with history. 00:17:51.212 --> 00:17:56.964 He was the most brilliant guy to put things together. 00:17:56.964 --> 00:18:10.490 Of course, if you deal with history, if you see these milestones, these timestamps, you think in a slightly different way than if you've just out of your software engineer career made a project management course. 00:18:10.490 --> 00:18:30.796 One of my best product owners studied chemistry because she understood reactions, axial and reaction, so she could simply grab this knowledge out of chemistry and implement it into human behavior, and this is fascinating. 00:18:30.796 --> 00:18:40.487 If you try to see patterns and when you come from a completely different area, then you've proven that you can make it everywhere. 00:18:40.487 --> 00:18:42.372 So I am not scared. 00:18:42.471 --> 00:18:49.049 Many people tell me oh, how could you leave your former employer so much money? 00:18:49.049 --> 00:18:50.412 Well, it's quite easy. 00:18:50.412 --> 00:18:53.518 I make more right now, but this is not the topic. 00:18:53.518 --> 00:19:08.678 The thing is right now, with my experience and I'm in technology since 35 years I got my first paycheck at the age of 14 for discovering a security issue and this was really this. 00:19:08.678 --> 00:19:20.277 Okay, I can really make money with my knowledge, with deep diving into something, and one of my expertise is simply, or my magic is to be on this meta level. 00:19:20.277 --> 00:19:28.025 I do not like to talk about meta, but from this holistic perspective and connecting the dots, we have so many people that are experts in something.

00:19:28.025 --> 00:19:40.019 You need them, of course, but people who can translate and who can bring these different things together and make a package out of it, and translation is very important. 00:19:40.019 --> 00:19:56.674 We are, in every business we are getting used to, to invent an own language so that the software engineer cannot be understood by the CEO, by the consultant, by whomever. 00:19:56.674 --> 00:19:58.419 Marketing is a different language. 00:19:58.419 --> 00:20:01.650 Medical people, classic Latin. 00:20:01.650 --> 00:20:04.154 They talk in a different way. 00:20:04.154 --> 00:20:11.394 This, on the one hand, to be more efficient in your job, On the other hand, to keep the others away. 00:20:12.297 --> 00:20:16.810 So we are completely losing this human, human point. 00:20:16.810 --> 00:20:41.859 And in our over complex world right now, when we have to understand each other ecosystem thinking, it's our multi-perspectivity, human centricity and so on we have to relearn how to talk with each other, how to ask questions that we do not need to pretend that I've studied in Harvard just to impress my CEO, whatever. 00:20:41.859 --> 00:20:43.865 No, it's human as well. 00:20:43.865 --> 00:20:49.515 We have to find again, like children. 00:20:49.515 --> 00:21:04.035 It was one of these scientists don't ask me who it was, gosh you need to be able to explain what you are doing. 00:21:04.035 --> 00:21:08.134 Well, 10 year old, that's exactly the thing. 00:21:08.990 --> 00:21:26.635 So when we are hiding behind our nomenclature, behind our special technical yada, yada, whatever, then it's simply some kind of not feeling secure being in our workflows. 00:21:26.635 --> 00:21:34.619 As soon we leave this kind of specific speech and we try to explain it to the others, two things happen. 00:21:34.619 --> 00:21:39.538 The first thing is you realize what kind of bullshit you are talking about. 00:21:39.538 --> 00:21:46.436 You could do it far easier and faster if you do not hide behind this stuff. 00:21:46.436 --> 00:21:50.138 The second thing is the others start to understand you. 00:21:50.138 --> 00:22:00.457 It means you are appreciated more, they can communicate with you and you become more efficient, which is as well rewarding for yourself. 00:22:02.190 --> 00:22:12.071 Yeah, that's really true, and it's funny I think you always hear the term in your own groups people, it's like there's no such thing as a stupid question, and generally the person who says that doesn't really mean it. 00:22:12.071 --> 00:22:16.494 Yes, Then they raise an eyebrow when you ask a stupid question. 00:22:16.494 --> 00:22:21.923 But my thinking is that they're not stupid questions. 00:22:21.923 --> 00:22:27.210 It's questions that you're living above in your day to day. 00:22:27.210 --> 00:23:03.423 And again it goes back to being able to explain it to a 10 year old, and this is why, again, it goes back to these kind of innovation structures where, when you're

bringing people from the outside and it's almost great that they don't understand what you're trying to accomplish, because we're so laser focused on our belief system and that we believe that what we're doing is the right path, and then so, because of that, everything that we do is already predetermined towards that goal, right towards that end. 00:23:03.423 --> 00:23:08.461 And what we have a hard time with is someone coming in and going well, wait a minute. 00:23:08.461 --> 00:23:15.722 They're looking at it from a completely different angle and they're saying, well, yeah, what if we did it this way? 00:23:15.722 --> 00:23:26.541 And it makes it harder, but at the end of the day, it's going to propel companies forward, it's going to propel processes forward. 00:23:27.510 --> 00:23:31.736 I think it's safe to say that both of us are big believers in the actual technology and not the hype. 00:23:31.736 --> 00:23:44.309 You are probably one of the most well versed people across really the technology spectrum. 00:23:44.309 --> 00:23:52.460 We always have fascinating conversations about this, usually late at night in the foreign country, but that now was standing. 00:23:52.460 --> 00:24:01.689 So what are the things that really, whether it's excite you or that you'd like to see implemented? 00:24:01.689 --> 00:24:06.369 And AI the metaverse was the bell of the ball last week. 00:24:06.369 --> 00:24:06.731 Now it's AI. 00:24:06.731 --> 00:24:17.750 That's fluid, right, and the reality is all the technology is coming, but where do you see it all going and how do you see it all going? 00:24:17.750 --> 00:24:22.755 And what are the things that are exciting for you right now, because we're in an exciting time. 00:24:23.631 --> 00:24:25.057 We are in very exciting time. 00:24:25.057 --> 00:24:38.441 So currently what I see is that technology, especially the connected technology, is completely merging into our lives. 00:24:38.441 --> 00:24:42.057 What we see right now is a merge of technologies. 00:24:42.057 --> 00:24:47.461 We see a huge dematerialization of businesses. 00:24:47.461 --> 00:24:51.013 I mean home office, it's meanwhile. 00:24:51.013 --> 00:24:52.960 You do not need a data center. 00:24:52.960 --> 00:25:13.246 If cloud would be a little bit more reliable, if could rely on the prices that your provider does not tweak on his own profitability, if we could improve connectivity so this always on we could be far more augmented. 00:25:13.246 --> 00:25:20.098 Or the final goal should be an augmentation of the workforce, augmentation of the humanity. 00:25:20.230 --> 00:25:21.355 What do I mean with this? 00:25:21.355 --> 00:25:26.119 Take, for example, rpis, robotic process automation. 00:25:26.119 --> 00:25:30.181 Mostly it's being used to cover huge processes. 00:25:30.181 --> 00:25:33.338 So again, this company-wide, huge yadda, yadda. 00:25:33.338 --> 00:25:50.702 If we focus on the laptop guy on the one somewhere doing something, we see that

all of these recurring things that we are doing In average. 00:25:50.702 --> 00:26:02.250 With one of my clients, we figured out that with RPAs, with CPAs, we could optimize every workplace by two hours per day. 00:26:03.133 --> 00:26:16.347 Wow, because most of the stuff is simply running behind information, somehow talking with others about stuff that you've explained them 10 times already. 00:26:16.347 --> 00:26:22.388 You need to do reports, you need to send it over, you need to do your presentations and so on. 00:26:22.388 --> 00:26:27.963 All of this stuff, everything that can be described as a workflow, can be automated. 00:26:27.963 --> 00:26:41.587 And then we have time to do our human stuff, which is creativity, which is inspiration, innovation, which is helping others, because then you learn something. 00:26:41.587 --> 00:26:50.048 If you in your job, if you do not have time to learn, if your manager is standing behind you oh, do you have capacity? 00:26:50.048 --> 00:26:58.750 I have here another bullshit job for you Then, of course, you slow down, simply, you optimize your own workflow not to be bothered. 00:26:58.750 --> 00:27:37.892 So the goal with our today's technology, and even right now, the latest type around chat, gpd or these large language models, is that personal assistance, something that is really valuable, that can, on your individual level, support you, help you to transcribe meetings, to maybe even represent you in meetings, sitting there and saying uh-huh, uh-huh, like what I am doing, being more efficient, which means by efficiency I do not mean that you can work more and make more money for whatever. 00:27:37.892 --> 00:27:42.330 It means simply bringing more quality into your work. 00:27:46.380 --> 00:27:54.107 Right now, this huge merge between metaverse I mean, come on, metaverse, it's just one small facet. 00:27:54.107 --> 00:27:59.227 How Mike Pell said, metaverse is a description for technologies that we have since decades. 00:27:59.227 --> 00:28:07.210 We have just a marketing term for it, together with one client or for one client. 00:28:07.210 --> 00:28:11.405 I've described these five technological layers for data-dominated businesses. 00:28:11.405 --> 00:28:17.224 You know it, it's this cake where on top is the data visualization, which is immersive tech, of course. 00:28:17.224 --> 00:28:19.708 Then we have the data prediction, which is AI. 00:28:19.708 --> 00:28:26.868 Then we have a third layer, the data choreography, which is big data, small data, excel sheet, whatever. 00:28:26.868 --> 00:28:30.308 Then we have the data connectivity. 00:28:30.819 --> 00:28:32.887 People do not think about data connectivity. 00:28:32.887 --> 00:28:33.984 Is it real-time data? 00:28:33.984 --> 00:28:35.605 Is it replicated data? 00:28:35.605 --> 00:28:37.345 What do I need to do with it? 00:28:37.345 --> 00:28:39.384 Is it enriched data? 00:28:39.384 --> 00:28:43.028 And the last layer is data immutability. 00:28:43.028 --> 00:28:44.286 Can I trust my data? 00:28:44.286 --> 00:28:45.463 Is it biased data? 00:28:45.463 --> 00:28:46.407 Do I need blockchain? 00:28:46.407 --> 00:28:48.086 Do I need high encryption and so on. 00:28:48.086 --> 00:28:56.269 And the sexy thing is, if you have here this cake and you cut out your own piece, you see still, to the left and to the right, what happens as well. 00:28:56.269 --> 00:29:00.069 So you are still connected while working on your stuff. 00:29:00.069 --> 00:29:12.708 And this helps many of my clients, for example, to start thinking in this way, not just in one deep dive, but really to see it from a little bit wider angle. 00:29:12.708 --> 00:29:16.025 Things can look. 00:29:16.025 --> 00:29:19.451 Let's say what can I show you? 00:29:19.451 --> 00:29:20.213 What do I have here? 00:29:20.420 --> 00:29:22.125 You're looking for something in your office to hold up. 00:29:23.460 --> 00:29:24.343 Something to hold up? 00:29:24.343 --> 00:29:32.711 Yeah, so if you have, let's say, nah, this or nothing. 00:29:33.492 --> 00:29:36.367 I don't know A cup or whatever. 00:29:36.820 --> 00:29:40.069 No, I will not start here to grab something. 00:29:40.400 --> 00:29:45.028 I think you should pull out some diamonds and, like you know, oh gosh, I would need to go to the safe. 00:29:45.119 --> 00:29:47.047 I still have some book aunts here. 00:29:47.047 --> 00:29:53.613 No, it's simply, let's say, a coffee cup with the grip on it. 00:29:53.613 --> 00:30:01.835 If you hold it into the picture and you see just the side without the grip, from your perspective you see it slightly different than what I see. 00:30:01.835 --> 00:30:04.386 Yeah, it does not mean we are wrong. 00:30:04.720 --> 00:30:05.763 This one doesn't have a grip, though. 00:30:06.487 --> 00:30:08.846 Yeah, exactly, I have even one here without a grip. 00:30:08.846 --> 00:30:14.961 So what we have to understand is there is not just one truth out there. 00:30:14.961 --> 00:30:28.826 Many things are true, but the truth is, in an ideal condition, a sphere that from every angle looks the same, but mostly it is not. 00:30:28.826 --> 00:30:34.328 It has some dense in it, it has some, so therefore, it's necessary that you go around it. 00:30:34.328 --> 00:30:37.048 Therefore, this multi-perspectivity, to understand. 00:30:37.048 --> 00:30:43.486 Sometimes, when you go around a problem and you see it from a different angle, it's just so obvious. 00:30:43.486 --> 00:30:44.885 Why haven't you thought about it? 00:30:44.885 --> 00:30:50.623 Therefore, I'm a huge advocate of immersive technologies To go into this. 00:30:50.742 --> 00:30:54.323 And now comes the trick after Metaverse. 00:30:54.323 --> 00:31:07.192 Right now we are in spatial web, spatial computing, when you really can with your device, when you can go around your processes. 00:31:07.192 --> 00:31:21.171 I mean, imagine, for example, if you would have your processes and you see how they are connected, and

you can really step back and see them from a distance, how they are connected, and then you immediately see oh gosh, this process does not belong here. 00:31:21.171 --> 00:31:23.727 You simply grab it and put it somewhere else. 00:31:23.727 --> 00:31:26.025 Then you spin it, rotate it. 00:31:27.039 --> 00:31:30.869 The value of informations in 3D is incredible. 00:31:30.869 --> 00:31:35.750 All of these might mappers are baby stuff. 00:31:35.750 --> 00:31:38.907 We are visually oriented beings. 00:31:38.907 --> 00:31:42.789 Therefore, immersive tech is on top of my cake. 00:31:42.789 --> 00:31:44.365 It's one of the most important. 00:31:44.365 --> 00:31:50.423 90% of our natural compute power goes into processing visual informations. 00:31:50.423 --> 00:32:04.808 When I'm working here, sometimes I even take post-its and I lay them over, because this additional information layer is very important. 00:32:04.808 --> 00:32:06.474 So I'm going to go into the next slide. 00:32:06.474 --> 00:32:18.394 What we have to do is to understand what we need is tools that adapt on us and not we on the tools. 00:32:18.394 --> 00:32:25.409 So what I'm excited about is really this right now, ip around AI. 00:32:25.409 --> 00:32:35.515 There is no AI, it's just high end statistics, but it can really improve due to the tremendous computer power that we have right now. 00:32:35.515 --> 00:32:58.330 It can improve how we are working, how we are communicating, how we understand things and with using, for example, large language models in our personal assistants, in our search engines, means we will find instead of search. 00:32:59.237 --> 00:33:00.801 Yeah, yeah, I love that. 00:33:00.801 --> 00:33:01.743 I love that distinction. 00:33:01.743 --> 00:33:02.465 I think that's great. 00:33:02.465 --> 00:33:14.151 I think we've sort of been calling it almost semantic search, where it's like the environment knows, kind of what you're looking for by doing, the fact of how you're moving through a space or what you're doing or what your intent is. 00:33:14.151 --> 00:33:23.963 And I guess my personal hope is that you know, as we are able to augment our capabilities using this technology. 00:33:23.963 --> 00:33:52.087 You know, instead of replacing the two hours commuting every day, you know in and out of work and out of offices, Instead of just doing more work like actually replacing those things you talked about creativity, you talked about learning, and ultimately, those are the things that will make us better workers and also get us to this vision where you know truly. 00:33:52.087 --> 00:34:04.105 You know technology is there to help us optimize our day to day so that we can get back to the things we care about, and I'm hoping we just don't fill the time with work, right, which is which is the trap. 00:34:05.477 --> 00:34:08.445 You've said something very important in this specific time. 00:34:08.445 --> 00:34:09.226 I will not name it. 00:34:09.226 --> 00:34:15.527 In average, just 24% of the people were able to work remotely for them. 00:34:15.527 --> 00:34:25.083 As soon they started to realize what powerful tool they got, they started to adapt their work on their life habits. 00:34:25.083 --> 00:34:32.251 So I could go shopping, if I've been allowed to go shopping whatever, due to the curfews. 00:34:32.251 --> 00:34:38.514 But I started to be the master of my time to decide when to do what, when I've been in the mood. 00:34:38.514 --> 00:34:43.503 I mean, come on, there are people who simply get out of the bed. 00:34:43.503 --> 00:34:45.728 They are zombies before their fifth coffee. 00:34:45.728 --> 00:34:50.380 They are nothing and you force them to go into into work, point nine. 00:34:50.380 --> 00:34:55.108 They have to be there and simply be annoying to everyone. 00:34:55.108 --> 00:35:07.090 So here, with this powerful tool, we already started to understand how fantastic work life could be if we are fully allowed to do it. 00:35:07.090 --> 00:35:10.800 My shock was just 24% were able to do it. 00:35:10.800 --> 00:35:14.568 So I started to do some research and work with a few players. 00:35:14.568 --> 00:35:21.422 How can we enable the others to work in their jammies during breakfast as well? 00:35:21.481 --> 00:35:54.510 Remotely, which means, for example, construction areas, agriculture, mining areas, where you could in again, immersive tech, virtual reality, where you could simply have metaverse, having, let's say, a construct verse where you would, with your headset, sit and with your joystick, simply steer the excavator, the, the cra, whatever you need on your on your construction area and simply work like this. 00:35:54.510 --> 00:35:58.288 Majority of these things can be remotely operated. 00:35:58.288 --> 00:36:00.514 We just do not have the platform for it. 00:36:00.514 --> 00:36:09.514 So you see the guy beside with his small, small joystick and steering and looking up into the sky. 00:36:09.514 --> 00:36:22.650 If he would simply give him a headset that he can work remotely, we will be far happier and the people would not need to live where they work. 00:36:22.650 --> 00:36:29.641 It's the same in mining In China as the ugly word. 00:36:29.641 --> 00:36:37.311 There are some some areas where mining companies are already using these remote trucks. 00:36:37.534 --> 00:36:45.474 I gave a speech about this 2021, I think during the VR days where I showcase this. 00:36:45.474 --> 00:36:48.599 So here is a tremendous potential. 00:36:48.599 --> 00:36:50.021 Healthcare, the same. 00:36:50.021 --> 00:37:00.474 Right now, one of the startups that I'm advising is working on the remote training and remote servicing through what we call remote robotics. 00:37:00.474 --> 00:37:02.619 So you will keep your job. 00:37:02.619 --> 00:37:08.494 You do not need to be scared to lose your job, because your expertise, your human expertise, is still valuable. 00:37:08.494 --> 00:37:13.943 We just need to give the

people the right tools to their head. 00:37:14.903 --> 00:37:22.134 And an additional thing for immersive tech is now again circling back to, to, to, to children. 00:37:22.134 --> 00:37:32.690 When you remember how we've been playing as children with our trucks and whatever, and staying there and managing me alone. 00:37:32.690 --> 00:37:36.514 I've been managing a whole construction area because I had this God mode. 00:37:36.514 --> 00:37:42.949 I've seen over everything and I do not need to do the people everything at the same time. 00:37:42.949 --> 00:37:45.514 I've been focused on what I had to do right now. 00:37:45.514 --> 00:37:50.023 So, taking the excavator, preparing everything, then my truck came. 00:37:50.023 --> 00:37:50.764 Yada, yada, yada. 00:37:50.764 --> 00:37:56.514 Imagine how cool it would be to manage your work from this God perspective. 00:37:56.514 --> 00:38:15.947 If it's air traffic control, if it's city management, traffic management, energy flows, all of this stuff, we could become so efficient and through this gamification we would be happier because we see what we are doing. 00:38:17.235 --> 00:38:17.978 And it makes it fun. 00:38:17.978 --> 00:38:23.228 I mean gamers are pretty well, but gamers and programmers are very well positioned for the future. 00:38:23.815 --> 00:38:24.739 Yes, definitely. 00:38:26.295 --> 00:38:47.152 Well, Jay, before we finish, I'm going to ask you the last question, which I ask everyone, which is that if you could project yourself 20, 25 years into the future and you could have any product or service or gadget that just makes you, Jay, personally, happy, what would it be and what would it do? 00:38:48.436 --> 00:38:50.923 So you know Neil Stielsen right? 00:38:50.923 --> 00:38:53.115 Yes, of course he's a clever guy. 00:38:53.115 --> 00:39:01.262 Well, he wrote, beside of Snow Crash, as well as another many books, but a second one which I really love is the Diamond Age. 00:39:01.262 --> 00:39:12.331 Not because of the diamond in the name, but he described a technology, a molecular assembler, many technologies, but this molecular assembler was really something extremely fascinating. 00:39:12.331 --> 00:39:14.378 It was how he described it. 00:39:14.378 --> 00:39:30.947 It was the size of a microwave oven, so the whole city had these pipes where the source for these microwave ovens were delivered and these molecular assemblers could print any product that you wanted. 00:39:32.336 --> 00:39:38.514 Last year, I've discovered a startup that really is working on something like this. 00:39:38.514 --> 00:39:42.021 Of course, not a microwave oven and not these things. 00:39:42.021 --> 00:39:46.288 What they are doing is a printer on the nano level. 00:39:46.288 --> 00:39:59.514 You can print currently around 400, 450 materials, and this is really something extremely exciting because, on the one hand, it brings us benefit in circular economy and sustainability. 00:40:00.416 --> 00:40:08.489 Everything that you can turn into a gas, even a dump where you have trash and so on. 00:40:08.489 --> 00:40:09.231 All of these stuff. 00:40:09.231 --> 00:40:11.474 They are a lot of gases. 00:40:11.474 --> 00:40:16.887 You can simply catch them and use them in space travel. 00:40:16.887 --> 00:40:20.514 All of these asteroids and so on can turn into a valuable resource. 00:40:20.514 --> 00:40:27.603 So they turn everything into a gas and a plasma stream assembles it on the surface. 00:40:27.864 --> 00:40:32.311 And it's scalable because, like a printing head, like an inkjet, you can simply scale it. 00:40:32.311 --> 00:40:44.471 And this is, for me, my dream technology, because it can bring creativity onto a municipal area where you will have micro-fabbing. 00:40:44.471 --> 00:40:50.023 You could become independent from bigger manufacturing companies. 00:40:50.023 --> 00:40:59.514 You could become independent from supply chains, because if you already have this urban mining, then you simply turn it through these specialized printers. 00:40:59.514 --> 00:41:06.927 Imagine, for example, having a device like this you know what it is and you can print it out in one piece. 00:41:06.927 --> 00:41:15.048 You would from the company, simply you would pay them for the IP, download the printing exactly and print it out when you need it. 00:41:15.048 --> 00:41:27.411 This is my really most exciting thing that I really believe will be a huge breakout and change radically our life in future. 00:41:28.396 --> 00:41:28.878 I love that. 00:41:28.878 --> 00:41:29.378 I love that. 00:41:29.378 --> 00:41:32.344 Well, Jay, it's always a pleasure chatting with you. 00:41:32.344 --> 00:41:34.469 Thank you so much for joining us today. 00:41:35.356 --> 00:41:36.641 Thank you for the invitation. 00:41:36.641 --> 00:41:38.085 Have a great one, see ya, bye, bye.