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VTNews D2 1610 Mairead DundasTech for Change Editor, VT NEWS
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00:00:02Et nous sommes avec Marais Dundas, notre très propre Tech4Change Editor à VT News.
00:00:08Bonjour, merci beaucoup pour être ici avec nous.
00:00:11Vous avez eu venu avec, je ne sais pas, un livre et un guest.
00:00:15Absolument, merci d'avoir nous ici.
00:00:17Je suis en train d'être ici à l'écouter de la meilleure start-up.
00:00:21Et je dois dire, j'ai un petit soft spot pour ce projet que nous allons discuter.
00:00:25Parce que c'est simple mais génial.
00:00:28Oui, j'ai Valentin Freshka, Chief Technology Officer de Relief, avec moi ici.
00:00:33Et si je peux résumer en une phrase, c'est d'utiliser des feuilles de l'eau pour faire papier
00:00:39et de packaging.
00:00:41Et Valentin, tu es là pour expliquer un peu plus.
00:00:44Mais pour commencer, tu peux nous dire comment tu as cette idée à commencer ?
00:00:50Oui, merci d'avoir été créé quand j'étais à l'école en 2018.
00:00:56Je suis 16 ans à l'ukrainien de l'étranger.
00:00:59Et avec mon enseignement, nous avons cherché des matériaux de l'eau pour faire des cellules.
00:01:04Et c'est comme ce projet a été créé.
00:01:07Parce que nous avons créé une épreuve de l'eau de l'eau,
00:01:11et nous avons collecté les leaves, transformé dans les fibres,
00:01:15et nous avons fait les premiers samples de papier.
00:01:16Et nous avons compris pourquoi nous allons continuer à développer ça comme une start-up.
00:01:21Absolument.
00:01:21Maintenant, vous avez un couple de props avec nous.
00:01:23Et Thomas, Valentin est en train de partager avec nous un petit peu de la processus de l'eau.
00:01:28Oui, c'est-à-dire que nous travaillons uniquement avec les cités,
00:01:31parce que les leaves nous obtenons des cités sont des biowastes.
00:01:34Donc, c'est-à-dire que les leaves nous obtenons des différents types de leaves,
00:01:38de la couleur, de l'eau, de l'eau, de l'eau, de l'eau, de l'eau, de l
00:01:40'eau, de l'eau.
00:01:40C'est-à-dire qu'une type de l'eau.
00:01:43Exactement, oui, parce qu'elles ont des fibres.
00:01:45Donc, pour le tout-il de l'eau, de l'eau, de l'eau, de l'eau, de l'eau,
00:01:49de l'eau, de l'eau, de l'eau, de l'eau, de l'eau.
00:01:51Et aussi, pour éviter la rotation.
00:01:53Et puis, ces granules sont fésés dans le production line et transformés dans les fibres.
00:01:58Ces fibres sont les bases pour la production de papier.
00:02:01Donc, c'est-à-dire, je veux dire, les leaves dans ces fibres.
00:02:05Et, évidemment, Thomas, les leaves ne fallent pas en l'eau, ils ne fallent en l'automne,
00:02:09c'est-à-dire que nous avons des, je vais dire, les palettes,
00:02:11mais pas de l'eau, de l'eau, de l'eau, de l'eau, de l'eau, de l'eau,
00:02:14de l'eau, de l'eau, de l'eau.
00:02:16Ce serait-à-dire qu'elles se sont allées, ils se sont allées en l'eau ?
00:02:19Comme, comme, de l'eau, de l'eau ?
00:02:20Ou ce serait-à-dire qu'elles se mette des fibres ?
00:02:24Usually, elles se mette, mais aussi, des parties de l'eau sont utilisées pour faire du compost.
00:02:29Mais, tous les processus sont très CO2-émissions.
00:02:32Je vais faire des délauces.
00:02:33Je veux voir ce que c'est.
00:02:34Je vais essayer.
00:02:35Oui, sure, so the old CO2, which leaves absorbed during the period, like spring, summer, and particularly autumn, go out
00:02:43to the atmosphere.
00:02:44We save this CO2 in the form of paper.
00:02:47So that's why this product is CO2 natural.
00:02:49So this is like, Thomas, if you see the paper here, obviously the set's really big, but we've touched the
00:02:53paper.
00:02:53Show us some of the things that you're making with leaves.
00:02:56Yes, currently we produce the paper bags in the different sizes and different colors for our customers,
00:03:02and also the paper in the big grills.
00:03:03Here is just a sample of how this paper looks, because, yes.
00:03:07Can you show us that a little more, like, a little more time, so we can see it well?
00:03:12Yes, so this is the very famous model of the paper bag, which we already sell in our e-commerce
00:03:20shop.
00:03:20But also we sell this with a customized to our customers.
00:03:24How long does it take to go from the leaf to the final product?
00:03:29It's the process which is not stopping.
00:03:31So since the moment when the leaves come to our factory, we started processing, and it's a non-stop process.
00:03:36In terms of costs, how does it work?
00:03:40I mean, because the basic is free.
00:03:42The raw material.
00:03:43The raw material is free.
00:03:45So you just collect it, that's it?
00:03:47We are not collecting leaves.
00:03:49These leaves provide for us, the cities.
00:03:50They already have the infrastructure how to collect them.
00:03:53So it's being collected for you, and you get it from the cities?
00:03:54Exactly, and free of charge, because of the bio-waste.
00:03:57We're actually providing them a solution.
00:03:59Yes, you're right.
00:04:00So everybody benefits from that.
00:04:02That's great.
00:04:02And also, because of the weak structure of the leaves, it's more easy to proceed into the fibers compared with
00:04:07the wood,
00:04:08because it's the soft, and we don't need to consume a lot of energy, gas, or other resources to make
00:04:15this paper.
00:04:16That's why it's 15 times less water consumed, 3 times less energy, and 78 less CO2 emission.
00:04:22What else can you make with those leaves?
00:04:24I mean, what can you imagine going further?
00:04:27I mean, you have the bags, obviously.
00:04:29Can you do other stuff from the leaves?
00:04:31Exactly.
00:04:32Everything starts from leaves, cellulose, and the paper.
00:04:35This paper in a big reel can be transformed into the paper, corrugated boxes, carton, or molded fiber, any kind
00:04:43of packaging.
00:04:44Any kind of packaging.
00:04:45Exactly.
00:04:45It's unbelievable.
00:04:46Now, obviously, you are operating out of Ukraine, and it's become difficult given the situation there, and you're looking now
00:04:53to expand in Europe.
00:04:54Can you tell us about where you're looking to expand?
00:04:56Yes.
00:04:58As you mentioned, we're still running in Ukraine, but France is the first European country where we'll set up our
00:05:04first production.
00:05:06Probably a little close to Paris.
00:05:07I don't know.
00:05:08We are still looking at the location.
00:05:09But, yeah, France is the first country.
00:05:11And just finally, Relief was one of the finalists in the prestigious LVMH Awards this morning.
00:05:1718 finalists out of more than 1,300 applications.
00:05:21So, congratulations to you, and thank you very much for joining us here on Viva Tech News.
00:05:26Thank you to the two of you, and congratulations.
00:05:28This is a great idea.
00:05:30Simple and great idea.
00:05:31Thank you.
00:05:32Thank you for being here.
00:05:32Thank you so much, too.
00:05:33Thank you.
00:05:34It's time to go back to the heart of the event and to our reporter on the ground.
00:05:38It's Inside Viva Tech.
00:05:48And Alexi Lallemand, you've seen him.
00:05:50He's back with us.
00:05:52Here he is, Alexi Lallemand at the KPMG stand.
00:05:55Alexi.
00:05:59Yes, Thomas, that's it, KPMG stand over here in Viva Tech 2023.
00:06:04I am joined right now by, I'm sorry, once again, Serena, not Sarah, Serena, like your
00:06:13innovation manager, that's it, open innovation manager at KPMG.
00:06:18We're going to go straight forward to the points.
00:06:20What is the goal of your presence down here at Viva Tech 2023, Serena?
00:06:24Thanks.
00:06:24Welcome in KPMG, to start.
00:06:27We are very proud to be here at Viva Tech for the seventh consecutive year.
00:06:33Already seventh?
00:06:34Yeah, already seventh, yeah.
00:06:35From the beginning.
00:06:38And we are with our clients, partners, startups, everything on ESG, Impact Innovative, because
00:06:47we are Entreprise à Mission.
00:06:48It's very important to us to be here with our good team, Tech for Impact.
00:06:54And we are going to meet some startups, for example, Oveka.
00:07:04Oveka is on retail and on Oveka, Future Agaia, on the vertical farming.
00:07:11And we have already, we have also startups, for example, Cranium.
00:07:16And we have Cranium ready to meet us.
00:07:19So, if you want.
00:07:21We're going to go?
00:07:21Yeah.
00:07:21Okay, let's go meet Cranium.
00:07:23Okay, I'm following you.
00:07:24After you.
00:07:26Could you please meet Cranium?
00:07:28All right.
00:07:29Hi, Daniel.
00:07:31Okay, all right.
00:07:32So, yeah.
00:07:32In a few words, what is Cranium all about?
00:07:34Cranium is here to secure the AI revolution.
00:07:39Oh, that's just a few words.
00:07:41All right.
00:07:42Yeah, maybe a little bit more words you can go.
00:07:44Excellent.
00:07:45So, ultimately, we want to help organizations discover all of the AI assets in the enterprise,
00:07:51map all of the pipelines together, and then wrap security controls so that security teams
00:07:56can better understand the AI operating in the organization, as well as provide regulatory
00:08:00and security compliance against upcoming frameworks like the EU AI Act, which I think
00:08:04passed yesterday, last I checked.
00:08:06So, very important work we're doing.
00:08:09Big thanks to KPMG France for hosting us.
00:08:12We're part of the KPMG legacy, so really enjoying the time so far.
00:08:16Yeah, because you're a startup, right?
00:08:18That's it.
00:08:19What is the evolution coming from you?
00:08:22I mean, being over here, is it part of a huge plan, bigger plan to go, like, to evolve,
00:08:29I guess, at some point and begin to be, I don't know, a unicorn one day?
00:08:33That's the hope.
00:08:34I mean, even just seeing at this event so many interesting and unique startups, just the ecosystem
00:08:40for growth here is incredible, being a part of the KPMG Accelerator has really helped
00:08:44us kind of grow, and I hope so one day.
00:08:47I mean, do you think we're a unicorn?
00:08:49Are you confident in us?
00:08:51All I need is your, just give me, you know, a nod of approval.
00:08:55I think we can, you know, with the support of everybody here, we'll be doing great work.
00:09:01Well, thank you so much for that time you took for us.
00:09:06One final word, what's going to be happening in the next few days?
00:09:11Well, basically, we're Thursday, so you're going to be here, I guess, until Saturday, right?
00:09:15Okay, but especially, what's going to be happening tomorrow down here at KPMG?
00:09:18Tomorrow, it's a full day dedicated to ESG.
00:09:21So please meet us, join the stand and test a demo on ESG IQ.
00:09:29We have experts from KPMG UK today, tomorrow, today and tomorrow to test this demo.
00:09:35So please come.
00:09:37Maybe just a precision.
00:09:38What is ESG?
00:09:40Could you be more specific into what is it to, for, I don't know, for our viewers that
00:09:46maybe doesn't know, don't know, sorry, this, this special acronym that we say?
00:09:51So what is ESG?
00:09:52It's like RSE, you know, ESG, it's like environmental, societal and governmental.
00:09:58So we have, we have developed a solution based on that to capture a lot of data and to make
00:10:07a report to companies on ESG, environmental, societal, governmental.
00:10:13Okay?
00:10:14Yeah, all right.
00:10:14Okay, okay.
00:10:15Yeah, thank you so much.
00:10:16Yeah, so finally, the final words are here.
00:10:19Thank you so much for the time you took for us.
00:10:24And we were...
00:10:26H48.
00:10:27H48, that's it.
00:10:28I was still looking for the sign over here.
00:10:30I don't know.
00:10:31So yeah, booth H48.
00:10:34Tomorrow, you gave us the hour as well of the demo.
00:10:38At lunch.
00:10:39At lunch.
00:10:41Well, it depends.
00:10:42Is it Spanish lunch?
00:10:44French lunch?
00:10:44French lunch, yeah.
00:10:45Okay, so around noon?
00:10:4611, and I think 2 p.m.
00:10:49Okay?
00:10:50Okay, sounds good to us.
00:10:51Thank you so much for your time to the both of you guys.
00:10:55Good luck for the next day of Viva Tech.
00:10:57Yeah, thank you so much.
00:10:59Now we're back to you, Thomas.
00:11:00Thank you so much, Alexis.
00:11:02Time now for our next guest on set, Gilles Doucan.
00:11:05Thank you so much for being with us.
00:11:06You are a partner at Iris.
00:11:09It's an investment fund.
00:11:11To make things simple as you invest in tech.
00:11:14What are you looking at now?
00:11:16Tech.
00:11:17Right.
00:11:17Obviously, what kind?
00:11:18First, thanks very much for having me here.
00:11:20I'm happy to be able to exchange with you.
00:11:22What do we look at?
00:11:23We look at anything that's digital, and it has a lot of tech inside of it.
00:11:28Obviously, right now, AI, I think, is everywhere.
00:11:30So, there's a lot of AI going on.
00:11:33We have cybersecurity, which is a real subject, with everybody now being very digital.
00:11:37A number of things, actually.
00:11:39A lot of...
00:11:39But what are the big market trends?
00:11:41Big market trends is probably automation with AI, I think.
00:11:46I think what's interesting with the new, you know, obviously, there's been a very big spotlight with ChatGPT.
00:11:51So, everybody's looking at Gen.AI now.
00:11:53Where it's actually interesting, it's in automating a lot of the businesses, a lot of the repetitive tasks, which people
00:12:00don't want to do so much, or exploring new things automatically.
00:12:04I think there's a lot of that, which we really look at.
00:12:05So, for example, we see a lot of client services right now, which are being disrupted with these kinds of
00:12:12technologies.
00:12:13That type of repetitive, but important and necessary tasks that we have.
00:12:19Everybody, everybody we've had here in the past 24 hours talk about artificial intelligence.
00:12:26How has it affected your strategy, and has it?
00:12:30It has, because we use it.
00:12:32So, you know...
00:12:32I was going to say, that was going to be my next question.
00:12:34You're going to tell us how.
00:12:34That's incredible, because, you know, in a year's time, everything has changed.
00:12:38Everything has changed, and everything has been very much commoditized by it, which is the very impressive part of it.
00:12:44So, how do we use it?
00:12:45We use it in order to have a better understanding of all the startups that we see, in order to
00:12:52be able to pick out things in, you know, like a lot of data.
00:12:56We're going to scrap a lot with the information on the internet, on different places.
00:12:59We're very much, we're much more technical than we used to be.
00:13:01So, AI helps us bring intelligence in there, and helps us, you know, actually do an amplified VC kind of
00:13:08model.
00:13:08So, it does impact the way you work.
00:13:10How much do you plan on investing in the next few months, or in the next few years?
00:13:15Is it something that's going up or down?
00:13:16The reason I'm asking, obviously, is, you know, that the year, the past year has been, let's say, made of
00:13:22up and downs in the tech industry.
00:13:24It looks like it's going back to normal.
00:13:27So, you know, we're at the bottom of the cycle, right?
00:13:30You think so? We've hit bottom?
00:13:32Yeah, we've had a very ephuric period during 2020 and 2021.
00:13:38A lot of hiring.
00:13:39It was a lot of confidence in the market.
00:13:42The economical aspect with negative interests was very helpful because it made investors take more risks.
00:13:49We were in peace.
00:13:51So, all that was going really well, and so there was a lot of trust.
00:13:55Fast forward now, you know, it's more complicated.
00:13:58There's war going around.
00:14:01Interest rates are very positive again, so investors are happy to just, you know, be cool.
00:14:06And so, it's actually an interesting moment because when you're at the bottom of a cycle, it's the best moment
00:14:12to invest because we're back to normal.
00:14:15Companies are being careful of what they do.
00:14:17They're not spending too much just because it's interesting and you can have as much money as you want.
00:14:21They're going back to basics.
00:14:23And I think that's what's the important part.
00:14:25So, the truth is we're quite active right now, and we want to continue that.
00:14:29That's for the global view.
00:14:30How is the French venture market today?
00:14:33French venture market is quite good.
00:14:35I mean, you know, we've been raising a lot of funds in the past years.
00:14:41What's a lot?
00:14:42Just to give us an idea.
00:14:43It's in billions, you know, multiple billions.
00:14:46Yeah, yeah, yeah.
00:14:46And we still have that money.
00:14:48So, you know, we're ready.
00:14:49We're ready to go, and we want to move forward.
00:14:51So, the interesting thing is everything has been a little bit more slow because of the confidence, which is a
00:14:58little lower, because of the fact that now it's back to basics.
00:15:01But definitely, we're ready, and we're investing at a good pace, actually.
00:15:06In 2020 and 2021, we actually made less investment at Iris because it was, you know, such a complicated environment,
00:15:12and we're doing more right now.
00:15:14So, it's interesting that, you know, counter-cycle is actually an interesting period.
00:15:17Thank you very much for coming to the show and tell us all about this.
00:15:23We'll see that the good news is we've hit bottom, and things are going to go back up, hopefully, for
00:15:28the whole market.
00:15:29That's what we're looking for, at least.
00:15:31Well, let's hope so.
00:15:32Cross fingers.
00:15:32Thank you so much for coming on the show.
00:15:34Stay tuned.
00:15:35There's obviously more, much more to come at 4.30 Paris time.
00:15:38You're watching Vivotech live from Paris.
00:15:41We're at the heart of Vivotech 2023, meeting tech leaders, industry experts, CEOs of global companies, and startups.
00:15:48We'll talk in a few seconds.
00:15:50Thank you.
00:16:28The accessibility of generative AI opens up possibilities that were unthinkable before.
00:16:34This will be the main focus of our discussions during Vivotech this year.
00:16:43By adopting generative AI, companies and organizations are already becoming more productive, efficient, and agile.
00:16:51Our AI-powered products, including Microsoft 365, Copilot, Security Copilot, Bing, and the latest versions of Teams,
00:17:00are tangible illustrations of what this amazing technology already allows us to do.
00:17:05We also provide the tools and language models available through Azure OpenAI, which can be customized with company data in
00:17:12a secure environment to build your own products and processes.
00:17:17These are exciting times.
00:17:18And this technology will also be keen on addressing the crucial challenges of sustainability and cybersecurity.
00:17:25But as with any major transformation, it also raises ethical questions, which we take very seriously.
00:17:33This is why our Responsible AI Principles guide every innovation we undertake.
00:17:40Join us at the Viva Lounge to learn more about generative AI, discover our latest innovations, and share your thoughts
00:17:47with us.
00:17:48See you soon.
00:17:50See you soon.
00:17:53See you soon.
00:17:54See you soon.
00:18:16When I was your age, things were different.
00:18:22Getting Shiloh's flu was never this easy.
00:18:25Mom's workout class was all the way downtown.
00:18:29I didn't get to design my own room.
00:18:32And now Dad thinks he's a big, fancy chef.
00:18:36Wow.
00:18:37I wonder what it's going to be like when I'm your age.
00:19:03Welcome back to the tech newsroom at Viva Tech 2023.
00:19:07I'm Thomas Misrachi.
00:19:08And you are joining us live in Paris at the very center of Europe.
00:19:12The biggest startup and tech event.
00:19:14This is where business meets innovation.
00:19:16We are following every moment live together on VT News.
00:19:20And it's time for Inside Viva Tech.
00:19:31And Anna, we're back with you on the floor.
00:19:37Yes, I'm at the center of mobility and city park here at Viva Tech, at the center of mobility and
00:19:42city park in a car.
00:19:44I would say it's a car, but it's much more than a car.
00:19:47It's a concept, transformation, transportation concept, obviously, that will possibly change the way we're moving and we're living, really.
00:19:56Because this is a car that can also become a piece of apartment at our home.
00:20:01Nicolas Vinci from ItalDesign is here with us.
00:20:03Can you tell us a little bit more about this project, about Climby?
00:20:06Yeah, absolutely.
00:20:07This innovative project was born in order to find a second life for the volume of our vehicles today.
00:20:13We are using them now just two hours, commuting from point A to point B, and then we are parking
00:20:18them into a garage or on the street.
00:20:20So the challenge was, why can we exploit the volume of a vehicle 24 hours a day?
00:20:26Like, for example, letting it become an additional room of our apartment, using it for watching TV, to study, to
00:20:34work, to do whatever thing we would like to do.
00:20:37And this was really the provocative challenge we wanted to launch to the mobility market today.
00:20:43So how does it work exactly? There is a scooter underneath that can move around and then connects to the
00:20:48main piece of this vehicle?
00:20:51Yeah, this is a modular vehicle able to combine the horizontal mobility on the street by means of an autonomous
00:20:57platform that contains battery, wheels, and all the electric powertrain,
00:21:01and a capsule that turns into an elevator when it's detached to this platform, bringing you directly to your own
00:21:09floor, where the capsule is moved then on a balcony and being attached afterwards to your own apartment, becoming this
00:21:16kind of additional space you can use.
00:21:18Who is working on it? It's not only tile design, right?
00:21:21Let me say, the idea was born with a huge player in the elevator industry almost one year and a
00:21:26half ago.
00:21:27And now we are working on tile design during this year to find potential partners, customers, real estate companies that
00:21:33are really willing to further develop this project with us.
00:21:36And maybe, who knows, we will see it in a few years working on a future city.
00:21:41I was about to ask, Climb B is a concept project for the moment.
00:21:45How likely is it that this will really happen and we'll see it, for instance, in the streets of Paris?
00:21:50Yeah, where we are sitting now is just a concept vehicle that was designed for, let me say, event purposes.
00:21:58The idea is to transform it into working prototypes, maybe in a couple of years, depending on if we are
00:22:06really able to find some really brave companies that will believe in this project with us at the end.
00:22:13So, a couple of years, who knows?
00:22:14Okay, Nicolás Vinci, thank you very much.
00:22:16I'm hoping to see it very soon in the streets as well.
00:22:20Let's take a look at what else we can see here at the Mobility Park in the center of VivaTech.
00:22:25Just behind me, for instance, Apollion.
00:22:28That's a new generation electric drone that can land vertically.
00:22:32So, basically, can, as you can see just below, deliver boxes to pretty much any remote location in the world.
00:22:41Apart from drones and new concept cars, bikes, the electric bike that's brought here by Vert Motorcycles from Estonia.
00:22:50Some of those are already on the market, super performance and, obviously, very sustainable.
00:22:57And if we may pass through, very busy, as we can see today on VivaTech Air Scooter.
00:23:01That's just behind us a new vehicle from Frankie Zapata.
00:23:06You may remember Frankie Zapata.
00:23:08That's a very famous French investor who flew over the French channel on his brand new flyboard.
00:23:15He's coming here with this plane slash helicopter, basically a new machine, very sustainable machine that can already fly and
00:23:25is available, for instance, in the United States.
00:23:28Thank you so much, Anna.
00:23:30VivaTech is not just about amazing innovations in ground tech, but also conference talks and key speakers.
00:23:38Anton Soulier, CEO of TASTER and former manager at Deliveroo France is one of those speakers.
00:23:43He took the stage earlier today to explain how the food delivery market has grown after the pandemic, thanks to
00:23:50the huge demand coming from Generation Z and how brands could adapt to that new trend.
00:23:56Have a listen.
00:23:58During the pandemic, basically, everyone had to order online because there was like no restaurants.
00:24:04And I think the market gained a lot of maturity in a matter of like a year and a half.
00:24:08But after the pandemic, obviously, a lot of people came back to the restaurants and we came back to a
00:24:14new normal.
00:24:15What we've seen over the last few months, I would say, is a huge demand coming from the Gen Z
00:24:23generation.
00:24:24When you look at basically like the consumers in the UK, like 60% of the Gen Z consumers are
00:24:32ordering every week.
00:24:34It's just unbelievable, right?
00:24:35But they're ordering a lot of food on delivery.
00:24:38And that's, I think, creating, I would say, a new opportunity on how you position your brand.
00:24:44How you can like tap into this, you know, generation.
00:24:47You cannot be, you know, you cannot have like the same marketing ideas.
00:24:51You cannot have the same positioning, the same menus.
00:24:54And that's been for us a very big opportunity.
00:24:58And at Taster, we've also decided to adapt to this new demand by kind of like creating brands with more
00:25:05relevant artists,
00:25:06tapping into also like streamers, influencers that can have like a huge impact on how like Gen Z are actually
00:25:13creating an emotional connection with the brands.
00:25:18It's for sure like a huge trend right now.
00:25:21And I think it's going to be, it's just like the beginning.
00:25:24We are expecting the food delivery market.
00:25:27And when I'm talking about the food delivery market, I'm also like including the grocery to reach like $1.4
00:25:33trillion by 2027.
00:25:37So some people say, okay, after COVID, you know, like the food delivery is going to be dead.
00:25:42People are going to back to restaurants.
00:25:43No, there is like a completely new generation that's learned the commodity, the enjoyment of like ordering online.
00:25:50And I would say it's just the beginning.
00:25:53Back on the set.
00:25:54Let's bring in our next guest.
00:25:55He's senior partner at McKinsey Company, global management consultant firm that serves leading businesses, governments, non-governmental organization as well.
00:26:03Hello, Eric Hazan.
00:26:04Thank you so much for being with us.
00:26:06Good afternoon to you.
00:26:08Yesterday here at VivaTech, you presented a long and very, very documented study on the impact of generative artificial intelligence
00:26:16on productivity and work.
00:26:19In a few words, what does the study tell us?
00:26:21What does it show?
00:26:22So the study is focused on generative artificial intelligence.
00:26:25So everything around what we heard about when ChatGPT at the end of November 2022 was launched.
00:26:34What you see is that just in a matter of a few months, the model which is behind ChatGPT, which
00:26:40we call GPT4 now, is able to pass the entrance examination of many U.S. universities.
00:26:46So we try to gauge this phenomenon and its potential impact on companies.
00:26:52And what we see first is that in terms of money, just in between 2017 and 2022, the money invested
00:26:59just on generative AI, just a small part of AI, which is based on foundation models, etc., has been multiplied
00:27:05by 40.
00:27:06In the same amount of time, in the same period, the rest of AI benefited from four times more investment.
00:27:14So you see there has been a focus of investment on this particular part of generative AI.
00:27:20And why?
00:27:21Because this particular part of AI is, in fact, through 60 use cases, creating at least the value, a value
00:27:29which is equivalent of the GDP of UK.
00:27:33So overall, generative AI is probably what will create a lot of productivity for a lot of companies across many
00:27:42sectors.
00:27:43And the question which is behind that is, will we end the secular stagnation through generative AI?
00:27:50That's obviously the heart of the question and of the problem.
00:27:53Maybe what function, what sectors will be affected by all those changes?
00:27:58So if we deep dive into these 60 plus use cases, the 75%, 80% of the value will come
00:28:07from four areas.
00:28:08It's customer operation, it's R&D, it's software engineering and coding, and it's marketing and sales.
00:28:14So meaning that if you go to sectors, the sectors which have the highest intensity of these four functions will
00:28:21be, I would say, the most energized, the most boosted by productivity.
00:28:26For example, you know, CPG and retail, consumer packages and retail, lots of marketing and sales.
00:28:33They will be boosted by the ability of managing differently, hyper-personalization, relationship with agency, or banking.
00:28:40Because customer operations will be automated and leveled up through generative AI, they will benefit from a boost of productivity.
00:28:47I'm sorry, but what does this mean for jobs?
00:28:50I mean, this is the question everybody is asking, everybody wants to know.
00:28:53I mean, it's an incredible opportunity for everything.
00:28:56And we can understand that easily in every single sector.
00:28:59This can help make things better.
00:29:01But for jobs?
00:29:03So it will have a tremendous impact on jobs, but through essentially the automation of activities.
00:29:09So what we infer is that theoretically, 70% of the job could be automated, more than 50% of
00:29:18their task.
00:29:19So the theoretical impact could be tremendous.
00:29:23Then there is another dimension, which is adoption.
00:29:26So there are several scenarios of adoption.
00:29:28It could be a maximum adoption in 2035, in 2045, or even in 2070, depending on the speed of adoption.
00:29:36So this is a range that is quite vast.
00:29:39But what is for sure is that all companies need to pay attention and begin to understand what it has
00:29:44in terms of impact on all design of their companies.
00:29:48And probably if people want to maintain their jobs and their wages in terms of risk killing.
00:29:54We'll see.
00:29:55It could even be earlier than that because things are going so quickly.
00:29:59What are the next steps for organization?
00:30:01What do they do today?
00:30:02What must they do today to adapt, to evolve with what's going on?
00:30:07So you have understood that everybody on the long run may have a co-pilot, a machine co-pilot to
00:30:14improve basically its occupation.
00:30:16Let's hope it remains a co-pilot.
00:30:18Yes, exactly.
00:30:19It should not become the pilot.
00:30:21But the reality is that if people want to maintain basically their organization and all the skills that people have
00:30:28already and the knowledge of the organization, they need to identify the core use cases, what will change.
00:30:34They need to reskill and prepare a reskilling program for everybody.
00:30:38And most probably, they need to invest as of now to reap the benefits of all these technologies.
00:30:46Yesterday, Emmanuel Macron was here.
00:30:49He said, and of course, this is not the way he said it, but that's what he meant.
00:30:54Let's invest in artificial intelligence.
00:30:57We'll regulate later.
00:30:59What do you think about that?
00:31:00So for now, the amount of money that I was mentioning in terms of investment earlier is split two-thirds
00:31:08between U.S. and China.
00:31:09I think this is the moment for Europe to regain the leadership based on its incredible human capital.
00:31:17The main part of the brightest researchers in terms of artificial intelligence are, of course, in the U.S. and
00:31:24in Asia, but also a lot in Europe.
00:31:27And if you see the scientific articles that are being published on artificial intelligence, a lot of the big names
00:31:33are coming from Europe and even from France.
00:31:36This is the time for investment.
00:31:37Your analysis is very complete, and that's why I'm asking you this very last question.
00:31:41I know I'm going a little beyond what we talked about earlier, but again, Emmanuel Macron talked yesterday about a
00:31:47new industrial revolution about artificial intelligence.
00:31:51Is that what it is?
00:31:52So the boost of productivity that we have at hand, if it's only one-third of the productivity we can
00:32:02infer, it's putting us at the level of productivity growth that we had in the 70s.
00:32:08So it could be.
00:32:10It could be.
00:32:10Thank you so much, Eric Hazan.
00:32:12Thank you for coming here.
00:32:13This is absolutely fascinating.
00:32:14Earlier today, Simon Harding spoke to a legend, the football star and world champion, Blaise Matuidi, about joining the world
00:32:23of entrepreneurs and startups.
00:32:26Take a look.
00:32:27The title of your conference was Where Influence Meets Funding.
00:32:33You've discovered the strength within you to bring your influence together with that of other football players to the tech
00:32:41world so that it benefits startups.
00:32:48Yes, today, what a company seeks is to make itself known.
00:32:53And I think that we, athletes, have strong stories.
00:32:56I talked about my case, but there are many others, and we have to make sure that these companies evolve
00:33:01year after year.
00:33:06Obviously, it requires a huge investment, not only in terms of money, but in the daily follow-up.
00:33:14We are fortunate enough to exist in both worlds, the world of sports and the world of entrepreneurship.
00:33:29That's what makes the difference in our fund.
00:33:31We have both the power of influencers and entrepreneurs, who have enough experience to look at these promising companies.
00:33:42During your conference, you emphasized on the importance of Mocha Point Care, and mentioned your former teammate, Mamadou Sarko, and
00:33:52his testimony.
00:33:53Can you tell us about this startup and the importance of mental health, especially for professionals in a world that
00:34:00is ruthless today, mainly due to social media?
00:34:05Yes, Mocha, today, supports employees in their lives because mental health is fundamental.
00:34:14We often have problems with pressure, stress, lack of self-confidence, and it can cause mental health issues.
00:34:21Mocha helps those who need it to be in better health, to manage stress, to feel confident.
00:34:32I think that through us athletes, through our testimonies, and the podcasts we have done, it is something quite impactful.
00:34:47We also had moments in our lives when it has been very difficult, and people may not necessarily realize it
00:34:53because they only see the success.
00:35:04Behind it, there are men who have a life, who make sacrifices, who have sometimes lost loved ones.
00:35:23And I take the example of my friend, Mamadou Sarko, for whom it has not always been easy.
00:35:30And I invite you to listen to his podcast. It's quite exceptional.
00:35:38You were talking about the novelty of being an investor. How does it feel to be at VivaTech, to be
00:35:45surrounded by all these startups, all these entrepreneurs?
00:35:52I really like it. I really enjoy seeing young entrepreneurs who believe in themselves.
00:35:58It reminds me a bit of my youth, when I was trying to become a professional footballer, and climb the
00:36:03ranks.
00:36:12It's the synergy that I feel between the world of sports, and entrepreneurship.
00:36:23I think that the coming days and years will be glorious for the tech world, especially in France.
00:36:28I think that the coming days and years will be glorious for the tech world, especially in France.
00:36:31Blaise Matuidi, the co-founder of Orange is the Fund. Thank you so much for speaking to us.
00:36:35Thank you very much. Back to you in the studio.
00:36:38Thank you, Simon. Joining me on set now is VivaTech, our VivaTech technology trends editor, Rudy Rutenberg.
00:36:43Hello, Rudy.
00:36:45Hello, Thomas.
00:36:45How are you?
00:36:46Doing well. Exciting day so far.
00:36:48It is an exciting day so far. You've been roaming around VivaTech today.
00:36:52And, of course, we've talked a lot about artificial intelligence yet again.
00:36:57But there are other things that we should talk about on the floor of VivaTech.
00:37:02Yeah, there are some other things because, I mean, AI is great.
00:37:06And as you said, we've had tremendous amounts of discussion and it's been a very big topic here.
00:37:10But technology, I mean, what purpose does technology serve?
00:37:15It serves to solve problems, right?
00:37:17I mean, it's...
00:37:19Hopefully.
00:37:19Hopefully, yeah. And hopefully AI will solve problems.
00:37:24Well, some of the discussion here today was about addressing some of those very big problems.
00:37:29And some of those are around the food system.
00:37:31As we know, as some people may actually not know,
00:37:35the food system accounts probably for around a third of greenhouse gases emissions.
00:37:40So that's actually a tremendous amount, a tremendous contribution to the warming of the planet.
00:37:46And tech to address that is emerging and it's creating some interesting solutions, for example, in food waste.
00:37:55Because one third of the food that we produce doesn't actually make it to the table.
00:38:01And since we all eat, this is just a tremendous number.
00:38:06Then if we can do something about addressing that, that is, you know, that is just so much resources basically
00:38:12used in a much more efficient way.
00:38:15So talk us through the solutions.
00:38:17Right.
00:38:17So, I mean...
00:38:19That was the easy part, the first question.
00:38:21Yeah, sure, sure, sure.
00:38:22So when you consider, for example, in France that more than 40% of fresh fruits and vegetables goes to
00:38:28waste, basically...
00:38:29More than 40%.
00:38:30More than 40%.
00:38:31That's huge.
00:38:32That's huge.
00:38:32So you can imagine, for example, that a supermarket uses AI to track, you know, which products are close to
00:38:39expiry dates,
00:38:40then decide to either give those away or discount them or to move them to another way that they can
00:38:48be used.
00:38:48And we'll talk about that in a bit, the other ways to use that waste.
00:38:52Or you can imagine that, for example, AI is tracking what the weather is doing and what that has meant
00:38:57for what shoppers are buying.
00:39:00So you can imagine that what you have on the shelves is different on a sunny day when people might
00:39:05want to eat a salad,
00:39:06or on a rainy day when you might want to eat some soup, for example.
00:39:10Yeah, even when we don't talk about artificial intelligence, we talk about artificial intelligence.
00:39:15What about the food system at large?
00:39:16How can startups and technology reduce the impact on the planet?
00:39:20I mean, we know that a big part of the impact comes from animal agriculture, and that was a big
00:39:26theme here today.
00:39:27What can we do to reduce the impact?
00:39:29And some of that will come from alternative proteins.
00:39:32So there was talk about producing meat alternatives, as the name is called, from plant-based materials.
00:39:40Also from mycelium, so that's mushrooms, so making steaks from mycelium.
00:39:45And other things like insect protein, I'll get to that in a moment as well.
00:39:50What has been an issue, we know that...
00:39:52Not for me, I'm sorry.
00:39:54We'll talk about that, Thomas.
00:39:56Maybe I can convince you yet to eat a plate of mealworms.
00:40:00Yesterday I ate plastic, I'm not eating anything more.
00:40:03But I mean, there are certainly some solutions that we can figure out to make meat substitutes on a more
00:40:10planet-friendly manner.
00:40:13So insects as a source of protein, even if you don't want them on your plate, you know, chickens and
00:40:18salmon, they might be happy to eat them.
00:40:21And at the same time, your dog or your cat might also be able to eat some insect protein.
00:40:26And at the same time, there's also, you know, food has changed over the years.
00:40:32Hamburgers, you know, that didn't exist 100 years ago.
00:40:34Sushi.
00:40:36In Europe, 30 years ago, we might have said yuck.
00:40:39I mean, now we say yuck to insects, but maybe, I don't know, an insect protein bar.
00:40:45Maybe that would work for you, Thomas.
00:40:47Who knows?
00:40:47Thank you so much.
00:40:48And this is what tech does to save the world.
00:40:52It's been touted as the digital future for years now, but businesses and users are still wary about and around
00:40:59Web3 concepts.
00:41:01After some faltering experiments in decentralization, we could finally be moving away from server-based protocol.
00:41:08Here is the answer.
00:41:11Transforming the Internet.
00:41:13That's what companies operating in the Web3 sector hope to achieve.
00:41:16Web3 pushes the Internet away from its current client-server model and towards decentralization.
00:41:23The hope is that moving to the greater freedom of a peer-to-peer system will shift power away from
00:41:28large tech companies and towards individual users.
00:41:32Web3 is the evolution of the Web, and it means that not only can we read and write, but we
00:41:37can also own.
00:41:38So if you are, let's say, a content creator, now you can actually create a piece of content, and you
00:41:44can publish it, and you own it.
00:41:46So that if it gets actually transferred or bought by someone else, you'll still get a piece of that.
00:41:51This decentralization is enabled through the use of node protocols like the Interplanetary File System, or IPFS.
00:41:58The current web, Web2, relies on the Hypertext Transfer Protocol, or HTTP, to load web pages by retrieving content from
00:42:07centralized servers.
00:42:09Web3 would split this content and store it among users or peers through an interdependent network of individual IDs, or
00:42:17hashes.
00:42:18The system already underpins financial technologies like the blockchain and smart contracts, but its potential for other sectors is vast.
00:42:26OK, AI, yes, there's a lot of good things that can happen with it, but there's also a lot of
00:42:31dangers.
00:42:32And some of those dangers could be over-centralization or whomever has access actually to the data that's collected.
00:42:37And two, it could be also like we are being spammed with a bunch of stuff that we don't even
00:42:42know what's true, what's not anymore.
00:42:43Well, blockchain as a source of truth or like a log of events in a certain timeline could actually help
00:42:49prevent that.
00:42:49There are still considerable challenges to be overcome before a global uptake of Web3.
00:42:56Making the transition from the reliance on the current centralized system of creaking HTTP architecture is one,
00:43:03as well as hackers exploiting the general lack of regulatory framework.
00:43:07When these issues are ironed out, Web3 could open up exciting new possibilities for businesses ready to take on the
00:43:14next iteration of the Internet.
00:43:17Well, that brings us to the end of this half an hour.
00:43:20Don't worry, there's much, much more to come here on VivaTech News at the heart of Europe's biggest startup and
00:43:26tech event.
00:43:26If you want to make sure you're up to date with the latest, you can follow all the action happening
00:43:32here at VivaTech on our website, on our social media channels.
00:43:36Join our community. You can like, you can follow, share and join us as we shape the future of technology.
00:43:43More coming up next on VivaTech News in Paris. Stay with us.
00:43:56At Sanofi, we chase the miracles of science to improve people's lives.
00:44:00And AI is at the heart of our ambition to transform the practice of medicine.
00:44:08Sanofi is back at VivaTech this year and we're thrilled to show you how we're championing AI across the entire
00:44:15value chain to bring better treatments to more patients and faster than ever before.
00:44:20First, in R&D, where we're slashing research times through improved predictive modeling and automating time sync activities so our
00:44:28scientists can focus on what truly matters, finding miracles.
00:44:32Secondly, AI is improving the efficiency and quality of our manufacturing operations.
00:44:36Our factories run more efficiently thanks to comprehensive performance monitoring and meticulous yield optimization.
00:44:43And thirdly, when it comes to reaching the people we serve, our patients, our healthcare professionals,
00:44:48we're using AI to better engage them with the information they need in the format they want, when they want
00:44:54it.
00:44:56You'll find all of this and much more on our booth.
00:44:59So join us to discover a journey of a molecule through AI from the lab right into the hand of
00:45:04the patients.
00:45:06See you all very soon.
00:45:10I'm part of the Immersive Lab at BNP Paribas Real Estate.
00:45:12I'm part of the Immersive Lab at BNP Paribas Real Estate.
00:45:13We work on a tool that allows you to see a city without help physically.
00:45:16Typically, if you have clients who are international and are looking to invest in the French market,
00:45:20we could allow them to pre-visit the defense in front of them to make them spend time for when
00:45:26they will potentially come.
00:45:27The bank is changing. Discover our unexpected jobs.
00:45:33BNP Paribas. The bank for a changing world.
00:45:40BNP Paribas Real Estate
00:45:41At Jason & Co., we're very excited to partner once again with VivaTech this year,
00:45:45where we will present to you our innovative out-of-home advertising solutions.
00:45:54We're the world's first outdoor advertising company.
00:45:57We operate in over 80 countries,
00:45:59and we believe that street furniture can leverage the potential of digital technology
00:46:04to improve the quality of urban life.
00:46:07We're coming to VivaTech this year for the sixth time,
00:46:10and we will be present on the Jason & Co. Mezzanine
00:46:13with a team of committed experts in R&D, digital, ESG, marketing, HR.
00:46:19We want to discuss the future of out-of-home advertising with a focus on efficiency and sustainability.
00:46:27Our team of experts will be on hand to share our passion for out-of-home and our culture of
00:46:32innovation
00:46:33to offer best-in-class media, urban services, as well as decarbonized solutions.
00:46:39So, come and meet us on the Jason & Co. Mezzanine
00:46:42to discover a showcase of future tech and sustainable services.
00:46:47See you very soon at VivaTech.
00:47:18Welcome back to the VivaTech.
00:47:19to the Tech Newsroom at VivaTech 2023.
00:47:21I'm Thomas Mizraki, and you are joining us live in Paris
00:47:24at the very center of Europe's biggest startup and tech event.
00:47:28This is where business meets innovation,
00:47:30and we are following every moment live together on VT News.
00:47:34Let's head now to our fireside set where our reporter,
00:47:37Simon Harding, is waiting for us.
00:47:47Simon, you are with Emil Cornell from VentureCraft Studio,
00:47:52the International Routine Advisory firm with offices in San Francisco and Paris.
00:47:57Hi, Thomas. Absolutely. A very warm welcome to our latest episode of the Fireside Chat.
00:48:03Emil Cornell, founding partner of VentureCraft Studio,
00:48:06and actually a really interesting story behind you
00:48:08because you started exactly where I am in this seat as a journalist,
00:48:11and I wanted to know how being a journalist shaped your adventure then
00:48:15to becoming an entrepreneur and being involved in the tech world.
00:48:18Absolutely. Simon, thank you for having me here.
00:48:22So, I did start my career as a journalist many years ago.
00:48:28Even though I'm American, actually, it was here in Paris
00:48:32where I was writing stories for the International Herald Tribune on Science and Technology,
00:48:37and then I moved on to International Data Group, an international trade publishing group.
00:48:43And that experience as a journalist, of course, taught me some key skills,
00:48:50how to listen to people, how to interview people,
00:48:53how to synthesize large amounts of information.
00:48:56But it also taught me the importance of being anchored in reality, getting the facts right.
00:49:05And later in my career, as I moved on to become a strategy consultant
00:49:10and advisor to small and large companies in the tech world,
00:49:13as I became later a venture capitalist and also had a couple of gigs as an entrepreneur,
00:49:21I realized that very often entrepreneurs and their investors are not really grounded in reality.
00:49:30They're so caught up in storytelling, value propositions,
00:49:34trying to sell, sell, sell, either customers or investors,
00:49:40that they become untethered from reality.
00:49:44And these are all topics that you explore in your book.
00:49:49So, the book written by Emile Cornell,
00:49:52the author of Spinning in Control, improvising the sustainable startup.
00:49:57And the points you've just touched upon focus on that resourcefulness and business
00:50:04and entrepreneurs really in their earliest form in many ways.
00:50:07That's right. That's right.
00:50:09You know, I wanted to step back and look at everything I had learned over my multiple careers, if you
00:50:17like.
00:50:18And what I realized was that great entrepreneurs are really craftsmen.
00:50:25They're artisans. Craftsmen and craftswomen, I should say.
00:50:30So artisans, master artisans, when it all goes well.
00:50:34And so I looked at the history of some master artisans, like Stradivarius.
00:50:40They also are explorers.
00:50:44And so I looked at the history of some great explorers, like Francesco Magellan.
00:50:50And as I did that and started to move my way towards more contemporary times,
00:50:57looking at successful entrepreneurs,
00:51:01I started to realize that they shared certain core skills.
00:51:06And those core skills were all underpinned by improvisation,
00:51:14that they all very intentionally developed their ability to adapt to reality as they found it
00:51:21and as it evolved, as they were working on their product, their service or their next great masterpiece.
00:51:28And Emil, when you talk about a lot of this with entrepreneurs here at VivaTech on the floor,
00:51:34does your point resonate with what they say or are they perhaps a little bit taken aback by the ideas
00:51:40you put forward to them
00:51:41when you're advising them, consulting them?
00:51:43Great question.
00:51:45So, to some degree, they get it immediately because they know,
00:51:49whether they admit it to their investors or not,
00:51:53they know that they improvise every day, all the time.
00:51:58You know, we have this emphasis on business planning, the business plan that you have to bring to your potential
00:52:06investors or to your board.
00:52:08But the truth is that very little ever goes according to plan.
00:52:12And so, entrepreneurs are improvising.
00:52:15So, when I talk about this, they immediately nod their head and say, of course, that's what we do.
00:52:21And I ask them, but do you intentionally work at improving your skill at improvisation just as a jazz musician
00:52:27would
00:52:28or just as an actor would?
00:52:30Then they're not quite sure.
00:52:33No one has ever suggested that to them.
00:52:36The other thing that I find, if I may continue, is that they don't think enough about the economics of
00:52:43their business.
00:52:44They don't think enough about how to remain capital efficient, how to boost the valuation of their companies.
00:52:53And by doing that, they run the risk of being very successful in terms of inventing an important new product
00:53:01or service,
00:53:02but falling down in terms of being able to reap the economic rewards of their efforts.
00:53:08And that's clearly very important to a business.
00:53:10Emil Canel, I'm afraid I could talk to you all day, but our time is up.
00:53:14So, thank you so much for joining us.
00:53:16It's been a pleasure.
00:53:16The author of Spinning Into Control.
00:53:19Tomás, some very insightful things there in that speech.
00:53:23Back to you in the studio.
00:53:24Thank you, Simon.
00:53:25And we are back just in time for our next guest, Adam Amara.
00:53:29Hello.
00:53:30Thank you so much for being here.
00:53:31You're a co-founder and CEO of Turing Biosystem.
00:53:34Tell us first what you do precisely.
00:53:37Basically, we've developed a software platform with a fully interpretable AI to integrate any data from patients,
00:53:46clinical, omics, biological data to optimize their response to therapies, reduce side effects, increase the chances of response to those
00:53:54therapies.
00:53:55You call yourself the medicine of the future. In what sense?
00:53:59Basically, we believe that all the data available around the patient should drive our decision,
00:54:05should help clinicians make the best decision possible and pharma company.
00:54:09And this is what we see in the future.
00:54:12AIs that can assist humans in taking the best decision for patients.
00:54:16How do you use artificial intelligence to do what you do and how does it help you?
00:54:21Basically, we use it to analyze complex data that are interconnected.
00:54:26So, you know, if a patient has a wrong response to a treatment, there is a likelihood that their biology
00:54:31may be in cause here.
00:54:34So, basically, our AI comes and gives a reasoning of why a patient is likely to have a side effect
00:54:41or to respond or not respond to a treatment.
00:54:44And the key piece in that is that the AI is fully interpretable.
00:54:48So, a clinician or a pharma company can understand why the AI took a decision and say this patient may
00:54:55have that or this patient group may have that.
00:54:57Is this a complete personalization of treatments?
00:55:01Basically, absolutely.
00:55:03So, you can take each patient and apply it or you can do it on groups of patients because you
00:55:09may have a similarity between patients of similar biology
00:55:13and that helps notably pharma companies to develop better targeted drugs.
00:55:18Do you see any risks in AI dealing with your health?
00:55:23I mean, what is done to prevent AI using the knowledge it has or will have to cure us?
00:55:30You know, the knowledge it has to cure us could also, you know, be used against us.
00:55:35I mean, what is done to protect the information that goes through AI about patients?
00:55:41Absolutely.
00:55:42I think a lot of the current AI solutions are actually dangerous because you don't know why.
00:55:48I'm preaching for my chapel, you know, but they don't know why they give you an output.
00:55:54You know, like the AI is a black box telling you, hey, this patient may have that.
00:55:58Then good luck at taking a decision with that.
00:56:01Secondly, they require to access to the data in a centralized way, be trained and so on.
00:56:06So, the data is protected.
00:56:08Exactly.
00:56:08Not everybody can have access to your health information, for example.
00:56:11Exactly.
00:56:11It needs to be protected.
00:56:12So, we deploy our tools in clinics within customers' infrastructures.
00:56:18So, we never get to access the raw data.
00:56:21It stays with them.
00:56:22The only thing we access is higher level information that can help in the decision.
00:56:27We talked about the patient.
00:56:29Let's talk about the pharmaceutical groups.
00:56:30How is what you do helping them?
00:56:33Basically, we help them in two ways.
00:56:35First, in optimizing the response to the therapy.
00:56:39Meaning, when you choose the right patients at the right time with the right drugs, you avoid side effects.
00:56:45So, better safety.
00:56:46And you increase the chance of them responding in the way you want them to respond.
00:56:50And secondly, we help them with things like drug discovery.
00:56:54You may detect a specific patient group and may want to be like, okay, which drug is the best for
00:57:00this patient group?
00:57:01And we will help them identify targets and drugs for those targets.
00:57:05We've had a lot of people here in different sectors, from different sectors, talking about artificial intelligence.
00:57:10And all of them, almost all of them, told us that this was going to change the world.
00:57:15How will it change the pharmaceutical sector?
00:57:18I think it's going to be a massive change.
00:57:20And you see it with a lot of pharma.
00:57:22Sanofi mentioned going all in on AI.
00:57:25And they think it's going to go across the whole spectrum from manufacturing all the way to R&D.
00:57:31And all those data streams, all the data available is going to inform decision at different points.
00:57:36But again, at the center of all that is human.
00:57:39That's what we need to remember.
00:57:40Within this organization, you have humans.
00:57:43The AI needs to assist those humans to do their best job possible and not automate it and just remove
00:57:49it, basically.
00:57:50And you believe that.
00:57:51Because, you know, right before you, we had someone from the financial sector saying, you know, it has to be
00:57:55a co-pilot.
00:57:56You're saying it has to be an assistant.
00:57:59But at one point, this thing is going to be more intelligent than we are.
00:58:03Until when can we be, you know, in the driving seat, in the driver's seat?
00:58:09I mean, like a lot of researchers that have been on the ground, I have a research background, my co
00:58:13-founder as well.
00:58:14And that's why I'm asking you.
00:58:15Exactly.
00:58:16We struggle to believe that the AI is going to be more intelligent than a human.
00:58:20We think it's going to be better on specific tasks.
00:58:23And that is true.
00:58:24But again, who will be more intelligent, a human plus an AI or an AI alone?
00:58:29And I still believe a human plus an AI is going to be definitely more intelligent.
00:58:33There's a lot of talk about regulation regarding artificial intelligence.
00:58:38What's your take on this?
00:58:40Do we invest first and regulate after or the inverse?
00:58:44It should be both at the same time.
00:58:46So basically, invest rapidly so we can build those capabilities.
00:58:51And in the second time, make sure we do regulate the critical pieces.
00:58:55We're not going to deploy AIs that are uncontrollable on patients and let them do whatever we want
00:59:02and not take into account the clinicians in these decisions because this is too sensitive, too dangerous.
00:59:07And so we need to regulate those pieces.
00:59:10But in other sites, we still need to be able to apply them and test them until we are ready.
00:59:16So basically, that's the mix of invest and regulate together.
00:59:19Will we be able to cure anything with AI?
00:59:22I mean, is it a dream, a utopia now?
00:59:25Or is it something that we can look at, you know, and say, you know, in 10, 20, 30 years
00:59:29maybe,
00:59:30all the cancers, for example, that plague us today, will we be able to cure them?
00:59:35Well, AI alone won't. AI alone won't. But in combination with the right people, with the researchers,
00:59:43with the organizations, with the patient and clinician, it will do a good progress, I think.
00:59:48Why was it important for you to be here at VivaTech this year?
00:59:52We were invited by our partners, Sanofi, and we have been able to interact with a lot of decision makers,
01:00:00investors, and other startups and companies.
01:00:03And this has been critical to better understand where is the tech and also, generally speaking, the AI sector right
01:00:12now.
01:00:13And what is the future looking like for you?
01:00:17I think bright, and I hope so. And we have very, very exciting news coming in the next few months.
01:00:25Working with more pharma, more biotech, more clinicians across Europe and further.
01:00:30Thank you so much. Thank you so much, Adam Amaroff, co-founder and CEO of Turing Biosystem, to have dropped
01:00:36by here today.
01:00:37Pleasure.
01:00:38Michael Evans, president of Chinese e-commerce giant Alibaba, was on stage earlier today.
01:00:42He spoke about the contours of the group strategy in France and Europe for the future.
01:00:49Europe's a top priority for all of the businesses that have an international component.
01:00:55So by that I mean the international commerce businesses, the cloud business, the logistics business in particular.
01:01:04Those three businesses are very focused on globalization.
01:01:08Whereas local services in Taobao, Tmall, and digital media and entertainment are very much China-focused businesses.
01:01:15So the future is of what we do in Europe, which is probably the top priority region for these businesses,
01:01:24is a function of continuing what we do today and doing a few new things going forward.
01:01:29What do we do today? Today, 16,000 brands in Europe are on our platform selling their products to China.
01:01:38Food to fashion, electronics to toys, every category you can think of and almost every brand you can think of.
01:01:44Thousands of French brands.
01:01:47And we sell tens and tens and tens of billions of dollars of those products, consumer products, to Chinese consumers.
01:01:56Why do Chinese consumers like European products so much?
01:02:00They're very high quality. They're safe.
01:02:03They fit the emerging lifestyle of both young Chinese consumers and old Chinese consumers.
01:02:09So this is a natural fit between the largest consuming population in the world and producers of the greatest products.
01:02:17We'll continue doing that.
01:02:19But what we'll focus on more for the future is to build local businesses.
01:02:24So you will see something called Tmall, which we have in China become Tmall in Europe,
01:02:31which means we will serve local brands and local consumers in the local market.
01:02:37It has been a few minutes since we haven't checked in with what's happening on the main floor.
01:02:43It's time for Inside Viva Tech.
01:02:53And our reporter Catherine Nicholson is standing by.
01:02:56Catherine, what do you have for us?
01:02:58Either me or the mirror.
01:03:02Catherine.
01:03:03So I'm back on the South Korea stand.
01:03:06It is country of the year at this year's Viva Tech.
01:03:10So we had to come back here and see some more innovations.
01:03:13I've got another beauty related innovation for you.
01:03:17This is a smart makeup mirror, which also has a lovely ring light for doing your makeup.
01:03:23I'm with the founder and CEO of the company Icon AI, James Shin, who's come here all the way from
01:03:29Seoul, South Korea.
01:03:31James, first off, just tell us about your company.
01:03:34Okay.
01:03:34Icon AI is a proprietary smart maker in Korea.
01:03:37And we have so many different features and functions in the smart mirrors.
01:03:43I want to introduce our smart mirror.
01:03:46Okay, fantastic.
01:03:47Well, I have agreed to do something you should never do on live television.
01:03:50A makeup mirror test.
01:03:53But I am going to do it.
01:03:54James, can you talk us through how this works?
01:03:56And Alice is going to film us.
01:03:57Okay.
01:03:58For someone, you can check the skin analysis here, button here.
01:04:01You can change it just like that.
01:04:03You can start here.
01:04:05You can choose what is your skin type and then just one.
01:04:10For example, you know, wrinkle and then aging and then through the skirt.
01:04:15That's not very fluttering, James.
01:04:16Yeah, that's right.
01:04:17And then you are the woman.
01:04:19You are just like something and then you can take a photo here.
01:04:23Yeah.
01:04:24Okay, so here we go.
01:04:25Take the selfie.
01:04:25You can see the camera here.
01:04:28Yeah.
01:04:29Just touch the screen.
01:04:30That's right.
01:04:31That's right.
01:04:32Yeah.
01:04:33Okay.
01:04:33So I have my eyes shut.
01:04:34Okay.
01:04:34At this point, we say check results.
01:04:36Now this takes a little bit of time.
01:04:38It's going to do some analysis.
01:04:40We prepared one earlier.
01:04:41So James, talk us through what we can see when we have our face analyzed.
01:04:45Yeah.
01:04:45This is very AI algorithm based skin analysis.
01:04:49You can see the many different information, the skin just like that.
01:04:53skin and then sagging and different.
01:04:56Many things is so many information.
01:04:58But however, however, you can see many.
01:05:01You've got a shiny nose.
01:05:02Yeah.
01:05:03Yeah.
01:05:03Yeah.
01:05:03It's okay.
01:05:04Yeah.
01:05:05This is normal.
01:05:05Actually, two main point is very important for the skin analysis system.
01:05:10So you can see the kind of a suggestion.
01:05:14You can see the some kind of different, three different recommendation, product recommendation.
01:05:20After then, last one is skin analysis result.
01:05:24You can see what's going on your skin type.
01:05:27So daily, monthly, weekly.
01:05:31Okay.
01:05:31So if I take my selfie.
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