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02:38PART OF GOBI
02:39WE'VE INVESTED IN
02:40OVER 400 STARTUPS
02:41AND NOW WE'VE
02:42OVER 60 STARTUPS
02:43THAT WE'VE IDENTIFIED
02:44AS PART OF A CIRCURE ECONOMY
02:46WHAT'S INTERESTING
02:47IN THE PAST THREE YEARS
02:48IS WE'VE SEEN A LOT
02:48OF INDUSTRIES
02:49THAT HAVE SURGED
02:50MAMELY BECAUSE OF
02:51THE RISE OF EVS
02:53THE RISE OF BATTERIES
02:54THE RISE OF HARDWARE AI
02:55So we have companies like Lupus Energy doing battery cells all the way to the UN planet coming from China
03:03and now Malaysia too.
03:04And they're immediately, if you're looking for demand, easily, before they even ask for supply, the demand has already been
03:11blocked because they need more aluminum while people are still figuring out where critical raw minerals will be coming from.
03:16You mentioned about EV. Very interesting. That's one of my questions. But how do you square that, you know, with
03:21sustainability goals?
03:22But we still need EVs now.
03:24So, you know, I think the catch-22 about sustainability is always when you create an innovation, there's an investment
03:32period that it's not going to go straight to an inflection point,
03:36but rather sometimes some people would have detractors that would say there is a negative effect. Yes, there will be.
03:42No doubt about that.
03:44But if we have the right policies, enforcements, and the right alliances to make this happen, you can reduce that
03:50and create that sustainability long term.
03:52You mentioned about investments. Of course, you know, one of the biggest pushbacks is cost for circular economy. People say
04:01circular models are more expensive up front in terms of that. But how do you convince CEOs, for instance, to
04:07grab money and actually buy the ideas of circular economy?
04:10If there's anything that could highlight all of this, it's really what happened with Iran in the Strait of Hormuz,
04:18right?
04:18When you have an increased change of fuel prices, what ends up happening? It becomes an issue within society and
04:26everything gets priced in. Food, everything else.
04:29So if we're talking about something that we have to rely on from another country, of course, we want to
04:34have a global supply chain, then you have these questions. So that's a perfect example. COVID is another example, right?
04:40Yes. The premium of it is an investment for the future. And an investment in the future, you create more
04:46loyalty. And as you know, circular models, you actually end up staying longer, because now you're leasing the product over
04:53time. So it's really an investment. But we're seeing majority of the largest companies adopting circularity.
05:00Yeah. Everyone says AI will transform everything, including sustainability. So in practical terms, how do you see AI actually helping
05:08circular economy today?
05:11Well, I'm here with different ads from the YGL to Uplink. The forum actually created a report called Top 50
05:18Investable Opportunities in a New Nature Economy. It's amazing how they've created a way to showcase how supply chains and
05:27AI efficiency,
05:28how you create AI systems to find deficiencies in finding efficiencies in productivity. Once you understand productivity, productivity afterwards creates
05:37results. And the results, especially if it's durable, well-designed, then you create better opportunities, but also products.
05:46You're from Philippines, I'm from Malaysia, ASEAN and siblings as well. So of course, ASEAN and Southeast Asia urbanizing fast,
05:56also building infrastructure right now. But is that a risk for future waste problems or actually a chance to build
06:05it better?
06:06That's a great question because, you know, ASEAN with GOBI, we see Asia as one big thing and most especially
06:13ASEAN as our home. DEFA has been a conversation with ASEAN for a long time.
06:18But hopefully we get some positive outcomes from the Philippines sharing ASEAN and we're there as an active contributor. I
06:27think what's interesting now is we need to work together in this idea of middle powers, right?
06:33Malaysia is one, the Philippines emerging towards that next 10, 20 years, we're going to be top 10 largest economies
06:40in the world. How do you create those middle powers to make this equitable, competitive landscape?
06:46And the only way to do that is through one block, right? We need to rely on each other, but
06:50with the technologies, we're actually leapfrogging. If we're talking about ASEAN just doing digital adoption, now we're doing another leapfrog.
06:59By the time we hop a step, we're already hopping another step because AI is changing everything and that's rewritten
07:05the code, mind you, on everything, whether that's how we do longevity, how we transport, and even this whole question
07:12about UBI.
07:13So things are changing and we're here for the long term.
07:17All right. My final question, 2035, 10 years down the road, how do you see the cyclical economy, based on
07:25your observation of the current efforts by the countries, especially from the South East Asia, developing countries, the middle powers,
07:33so-called, because we are developing, at the same time we are facing challenges in terms of balancing, find the
07:37balancing act.
07:39That's a really good question, because we're at the state of a fractured world, lots of geopolitical tensions ahead.
07:48It's now we need to believe and trust on our leaders putting us in the right direction, but even more
07:56so, not even 2035, what's going to happen by 2030?
07:58Our SDGs. Without those SDGs, how do we even get to that?
08:03But historically speaking, the world, before we turn bonkers, we usually convert.
08:11But for example, COVID, all of us had to work together to make it happen. Should we wait for another
08:16COVID for us to unite to do it? Or should we just work together as one world, one earth?
08:21And that's a question that we do. And technology is one of the best places because it doesn't discriminate.
08:28It's a place where anybody can have success. And most importantly, how do we use that to have a humane,
08:35ethical society for everyone?
08:38Hello, thank you so much for joining us. I really appreciate your time. So all the best for your sessions
08:42throughout the AMNC.
08:44Okay, circle economy ini ada syabarannya dahulu, seperti yang kalau sebutkan, ketika pandemi COVID-19, kita banyak reality check dan
08:51kita telahpun mempercepatkan pelbagai proses.
08:54Tapi selepas COVID, perpecahan yang berlaku di dunia pada ketika ini telahpun menghimpit segala usaha yang kita laksanakan.
09:01dan menjadikan tempoh terlebih panjang untuk mencapai circle economy menjelang 2030 sebagai contoh.
09:05Ini adalah syabaran yang nyata tentang circle economy.
09:08Apapun kita melihat usaha termasuk negara-negara bangun, termasuk juga Malaysia dan gerak kehadapan.
09:13Apakah syabaran juga bagaimana solusinya untuk membuat dasar, syabat swasta dan juga orang ramai sendiri yang akan terlibat.
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