The future will not be decided on screens. It will be built in the physical world through powerful partnerships.
Nice to meet you. Yeah, I'm very happy to be here. So, what a beautiful place. You're living like in paradise.
Yeah. I mean, I love small cities. You know, there are eventually we could have some good amount of robots roaming the streets here as well. I think Europe should be at the forefront of this stuff and, you know, if you don't want always the United States or China to be leading the technology advancements, there is a company like yours here that is competing at the highest levels and, you know, would be sad to lose that opportunity.
Sure. We need to build something where the world will look at and think, 'Oh wow, that's the way you should do it.' Nice place you live in.
Yeah. I'm very very lucky. It's a very comfortable place and very quiet and nice. First of all, thank you for your precious time you're spending with me. And at the same time, I think I would love to talk a little bit about the things we are planning together, or where we think together what can be actually the benefit for the world while us collaborating. What is it about? What is the purpose of that collaboration partnership? Let's scratch the surface of what you're building, what we are building, and what we can actually do together. That's the idea today. So let's start with a bit of sci-fi.
AI needs to be part of everything. It needs to be granular, truly embedded in every system. Any light bulb, shoe, or glass should have an AI. For example, a light bulb could have an AI that understands the perfect amount of energy to consume based on surroundings. An intelligent car should decide when to break immediately using a local model, without waiting for latency. Similarly, a smart fridge or elderly care robot needs local AI to take immediate actions. The future requires local on-device AI. Building and developing AI that is local to users' devices is fundamental for people who have difficulty accessing big cloud models. On one side, with CUAC we want to solve financial inclusion, but there is an even bigger issue: intelligence inclusion. We want to solve that for populations in emerging markets. Looking forward, AI in a million years should be truly decentralized, embedded in the fabric of the universe. That's our starting point.
I'm mainly interested in the physical eyes part and the part of making these robots intelligent, but also the environments connecting to devices like robots. This is where I saw the biggest potential of first deploying it as much as possible on the edge, because this is where it plays a large role, also adjusting it and adding intelligence. This is the topic I was thinking a lot about. Today, all companies differentiate themselves by know-how; they know something better or have a different way of producing things, which makes them unique and gives them a reason to exist. We don't want to take that away from them. We want to build a global intelligence, a basic knowledge of understanding environments and physics. We don't want one brain that knows everything; the best way is to let them keep their knowledge and add it at the right time. I call it a brain account. Everyone will have their own brain account, like everyone has a wallet in the future. You add knowledge from companies because they train their devices, and then you can distribute it, let other robots participate, and have a payment system behind this. We thought about this a lot before we met you. I really liked the moment when we started talking with your teams and realized this can become reality because there is someone thinking from the other side about the payment system and peer-to-peer communication, edge computing without limitations. That's why I was super happy to meet you and start that.
Yeah, I think the synergy is incredible because what you describe is basically an intelligence marketplace, which I very much agree with. Going back to the analogy of AI integrating in the fabric of the universe, I don't think there will be one single brain that knows it all. There should be a swarm of intelligent agents, each with its own specialty, their own little know-how, but they can share it and price it. The cost of acquiring that know-how and the energy necessary to compute it will have a markup, and that will be the price to share that information. That part is going to be one of the most interesting evolutions of AI, and we're just scratching the surface. Eventually, there will be an entire economy, something much bigger than the human economy, that will be born from there.
It's a machine economy, and that's also the interesting point. There needs to be a trusted system behind. If your household robot orders a pizza for you, or the system above it, and then a delivery guy comes, there needs to be a transaction. You won't wait for a human to make it happen. That's the low-hanging fruit, but even beyond that, skills are the biggest goods we have as humans. The biggest transactions will be made in the future around skills: how you transfer skills, how you call skills at the right time.
To actually solve a challenge for humans to make our lives easier. Yeah. I completely agree. That part today is fairly unexplored, but the evolution of robotics is going to allow testing and building that framework. Now agents are at home, but the real impact is in the real world. Everything starts digital, but if you want to see the true potential, you want to see robots roaming the streets, helping people, and being part of society. That is sci-fi imagination, but that is the direction of travel and will happen. It has to happen safely and transparently. That's what I like our teams to work together on. 65% of global GDP is physical work. We have an aging population. In Europe, we will have 7 million less human labor by 2030. In China, more than 80 million less. More people are retiring with skills than new ones being trained. Most are not interested in physical tasks, so it's difficult to find people. This will naturally lead us to think about what to use humans for, more efficiently.
Yeah. I think there are many interesting topics in how society will react to increased adoption of robots for human labor. I think there are two parts. One is that it will be inevitable. It will happen, and it's almost a competition among countries. Those that start earlier will become more prosperous. Others that try to slow down adoption to protect certain categories will find that after a few years or decades, adoption is inevitable, and they will have affected their economy. Progress cannot be stopped, but can be embraced. A country can help its citizens move to new skill sets, leverage creativity. For the foreseeable future, humans have a spark that is very hard to put into AI.