1 00:00:11,709 --> 00:00:15,709 So in a world where everyone buzz about smartphones and tablets, 2 00:00:16,514 --> 00:00:19,653 I'm here to tell you about how we are building desktop computers. 3 00:00:19,654 --> 00:00:23,133 "Why desktop computers?" everyone always asks. 4 00:00:23,134 --> 00:00:27,703 The answer is because you cannot enter the knowledge economy 5 00:00:27,704 --> 00:00:30,252 without being able to write a CV, 6 00:00:30,253 --> 00:00:34,252 to do a school research report, to do a budget. 7 00:00:34,253 --> 00:00:40,362 To enter the modern economy, you must have computing literacy. 8 00:00:40,363 --> 00:00:44,559 Four and a half billion people do not have access to that. 9 00:00:44,560 --> 00:00:46,900 Four and a half billion people. 10 00:00:48,773 --> 00:00:54,812 What's so incredible is that its actually not that hard to solve it. 11 00:00:54,813 --> 00:00:56,512 What does that mean? 12 00:00:56,513 --> 00:00:59,031 How do four and a half billion people not have it, 13 00:00:59,032 --> 00:01:01,221 and it's not that hard to solve it? 14 00:01:01,222 --> 00:01:05,631 The answer comes in the form of technology that people already have, 15 00:01:05,632 --> 00:01:09,522 everyone already has a television, that's a monitor. 16 00:01:10,293 --> 00:01:15,612 and attached to those televisions are set-top boxes, cable boxes, 17 00:01:15,613 --> 00:01:18,252 satellite TV boxes, 18 00:01:18,253 --> 00:01:22,249 and that little box is where the magic takes place. 19 00:01:22,250 --> 00:01:24,625 If you take an iBook from the year 2000, 20 00:01:24,626 --> 00:01:29,093 your average set-top box today has four times the storage 21 00:01:29,094 --> 00:01:33,713 and 60 times the RAM as an iBook in the year 2000. 22 00:01:33,714 --> 00:01:35,791 It is a computer. 23 00:01:35,792 --> 00:01:42,751 So, why is it that all these computers, monitors, set-top boxes as CPUs 24 00:01:42,756 --> 00:01:44,915 are not actually computers? 25 00:01:44,916 --> 00:01:49,255 And the answer is actually really simple: software. 26 00:01:49,256 --> 00:01:52,745 We spent about a year trying to take existing solutions 27 00:01:52,746 --> 00:01:55,995 and put it on set-top boxes and make that happen. 28 00:01:55,996 --> 00:02:00,175 After a year, we threw it all away, gave up 29 00:02:00,176 --> 00:02:04,575 and spent the subsequent three years building that from scratch ourselves. 30 00:02:04,576 --> 00:02:06,965 A desktop operating system that is simple enough 31 00:02:06,966 --> 00:02:10,854 that it doesn't require training, it doesn't get viruses, 32 00:02:10,856 --> 00:02:16,545 that runs on this cheap processors making a computer cheaper than a tablet 33 00:02:16,546 --> 00:02:23,295 and most importantly, that is built for users in emerging markets, 34 00:02:23,296 --> 00:02:27,755 because people in emerging markets not only can’t afford computers 35 00:02:27,756 --> 00:02:30,785 they can’t afford access to fundamentals 36 00:02:30,786 --> 00:02:35,125 like education, health, and livelihood. 37 00:02:35,126 --> 00:02:38,225 So, a computer can be an answer to that. 38 00:02:38,226 --> 00:02:42,157 I'm supposed to get on stage and tell you stories about the seamstress 39 00:02:42,167 --> 00:02:45,122 that can now have access to shopping from microfinance loans 40 00:02:45,123 --> 00:02:47,257 and the farmer who can figure out 41 00:02:47,258 --> 00:02:51,297 what to plant, when to irrigate, and where to sell. 42 00:02:51,298 --> 00:02:56,668 But in the audience tonight, I actually found a new hero of mine. 43 00:02:58,468 --> 00:03:00,247 He is a little 12 year old boy, 44 00:03:00,248 --> 00:03:04,087 who eight months ago couldn't speak English 45 00:03:04,088 --> 00:03:08,557 and decided to teach himself English through his computer 46 00:03:08,558 --> 00:03:11,017 and I'd like to have you meet him. 47 00:03:11,018 --> 00:03:12,977 Jimmy please welcome you on stage. 48 00:03:12,978 --> 00:03:14,598 (Applause) 49 00:03:20,876 --> 00:03:21,959 Jimmy Calí: Hello! 50 00:03:21,960 --> 00:03:24,168 Matt Dalio: Tell me about yourself Jimmy. 51 00:03:24,169 --> 00:03:27,958 JC: Hi everybody, my name is Jimmy, I'm 12 years old, 52 00:03:27,959 --> 00:03:30,793 and I really like to play videogames and read books. 53 00:03:31,845 --> 00:03:34,274 MD: So, how did you learn English? 54 00:03:34,275 --> 00:03:39,188 I learned English by practicing, reading and listening. 55 00:03:40,501 --> 00:03:46,541 I already ended the program Duolingo, I practiced in videos, 56 00:03:46,542 --> 00:03:50,460 Skype, and writing on Whatsapp. 57 00:03:51,471 --> 00:03:52,851 (Laughter) 58 00:03:54,511 --> 00:03:56,021 (Applause) 59 00:04:02,759 --> 00:04:06,098 So he was having a fluent conversation, I speak Spanish, 60 00:04:06,099 --> 00:04:09,798 and the conversation was easier to had in English that it was in Spanish 61 00:04:09,799 --> 00:04:12,539 because his conversational English is so good. 62 00:04:13,232 --> 00:04:16,711 Tell me, how much English did you know eight months ago? 63 00:04:16,712 --> 00:04:22,588 JC: I [started] learning eight months ago, in March last year. 64 00:04:22,589 --> 00:04:25,478 MD: How much did you know eight months ago? 65 00:04:25,479 --> 00:04:26,928 LC: Nothing. 66 00:04:26,929 --> 00:04:28,306 (Laughter) 67 00:04:30,374 --> 00:04:32,923 MD: You were saying something about programming? 68 00:04:32,924 --> 00:04:36,753 JC: Yes I am learning programming in Khan Academy. 69 00:04:36,754 --> 00:04:40,023 MD: Programing? Tell me, what sort of programming? 70 00:04:40,024 --> 00:04:42,597 JC: Animation. I really like it, 71 00:04:42,598 --> 00:04:46,868 it's very hard, but I like it, and I always practice it. 72 00:04:49,018 --> 00:04:50,567 MD: My new hero. 73 00:04:50,568 --> 00:04:51,818 (Applause) 74 00:05:04,202 --> 00:05:08,792 There are a billion Jimmies about to get technology. 75 00:05:11,407 --> 00:05:17,506 It's incredible what we are about to see as human kind. 76 00:05:17,507 --> 00:05:23,061 The reason I'm on this stage is to make a call to the entrepreneurs of the world. 77 00:05:24,501 --> 00:05:29,043 The this of that, the Uber of X has been done before. 78 00:05:30,352 --> 00:05:35,252 Meanwhile, emerging markets have so many needs and so many opportunities. 79 00:05:35,943 --> 00:05:38,524 WhatsApp sold for 19 billion dollars, 80 00:05:38,525 --> 00:05:41,274 the largest startup acquisition in history. 81 00:05:41,275 --> 00:05:42,275 Why? 82 00:05:42,276 --> 00:05:48,175 Because it gave the power of communication to 450 million emerging market users. 83 00:05:49,334 --> 00:05:52,357 M-Pesa is a mobile payments platform 84 00:05:52,358 --> 00:05:57,237 that currently runs 31% of Kenya's GDP through it. 85 00:05:57,238 --> 00:06:04,007 The opportunities of our era exist here, in Guatemala, 86 00:06:04,008 --> 00:06:06,918 and emerging market countries just like it, 87 00:06:08,525 --> 00:06:12,725 and this child right here is testament to what that means. 88 00:06:14,356 --> 00:06:15,736 (Laughter) 89 00:06:17,135 --> 00:06:19,904 Thank you all. Jimmy, you are a hero. 90 00:06:19,905 --> 00:06:21,392 JC: Thank you very much. 91 00:06:21,393 --> 00:06:22,763 (Applause)