WEBVTT

00:00:11.709 --> 00:00:15.709
So in a world where everyone
buzz about smartphones and tablets,

00:00:16.514 --> 00:00:19.653
I'm here to tell you about
how we are building desktop computers.

00:00:19.654 --> 00:00:23.133
"Why desktop computers?"
everyone always asks.

00:00:23.134 --> 00:00:27.703
The answer is because you cannot enter
the knowledge economy

00:00:27.704 --> 00:00:30.252
without being able to write a CV,

00:00:30.253 --> 00:00:34.252
to do a school research report,
to do a budget.

00:00:34.253 --> 00:00:40.362
To enter the modern economy,
you must have computing literacy.

00:00:40.363 --> 00:00:44.559
Four and a half billion people
do not have access to that.

00:00:44.560 --> 00:00:46.900
Four and a half billion people.

00:00:48.773 --> 00:00:54.812
What's so incredible is that its actually
not that hard to solve it.

00:00:54.813 --> 00:00:56.512
What does that mean?

00:00:56.513 --> 00:00:59.031
How do four and a half
billion people not have it,

00:00:59.032 --> 00:01:01.221
and it's not that hard to solve it?

00:01:01.222 --> 00:01:05.631
The answer comes in the form
of technology that people already have,

00:01:05.632 --> 00:01:09.522
everyone already has a television,
that's a monitor.

00:01:10.293 --> 00:01:15.612
and attached to those televisions
are set-top boxes, cable boxes,

00:01:15.613 --> 00:01:18.252
satellite TV boxes,

00:01:18.253 --> 00:01:22.249
and that little box
is where the magic takes place.

00:01:22.250 --> 00:01:24.625
If you take an iBook from the year 2000,

00:01:24.626 --> 00:01:29.093
your average set-top box today
has four times the storage

00:01:29.094 --> 00:01:33.713
and 60 times the RAM
as an iBook in the year 2000.

00:01:33.714 --> 00:01:35.791
It is a computer.

00:01:35.792 --> 00:01:42.751
So, why is it that all these computers,
monitors, set-top boxes as CPUs

00:01:42.756 --> 00:01:44.915
are not actually computers?

00:01:44.916 --> 00:01:49.255
And the answer
is actually really simple: software.

00:01:49.256 --> 00:01:52.745
We spent about a year
trying to take existing solutions

00:01:52.746 --> 00:01:55.995
and put it on set-top boxes
and make that happen.

00:01:55.996 --> 00:02:00.175
After a year,
we threw it all away, gave up

00:02:00.176 --> 00:02:04.575
and spent the subsequent three years
building that from scratch ourselves.

00:02:04.576 --> 00:02:06.965
A desktop operating system
that is simple enough

00:02:06.966 --> 00:02:10.854
that it doesn't require training,
it doesn't get viruses,

00:02:10.856 --> 00:02:16.545
that runs on this cheap processors
making a computer cheaper than a tablet

00:02:16.546 --> 00:02:23.295
and most importantly, that is
built for users in emerging markets,

00:02:23.296 --> 00:02:27.755
because people in emerging markets
not only can’t afford computers

00:02:27.756 --> 00:02:30.785
they can’t afford access to fundamentals

00:02:30.786 --> 00:02:35.125
like education, health, and livelihood.

00:02:35.126 --> 00:02:38.225
So, a computer can be an answer to that.

00:02:38.226 --> 00:02:42.157
I'm supposed to get on stage
and tell you stories about the seamstress

00:02:42.167 --> 00:02:45.122
that can now have access
to shopping from microfinance loans

00:02:45.123 --> 00:02:47.257
and the farmer who can figure out

00:02:47.258 --> 00:02:51.297
what to plant, when to irrigate,
and where to sell.

00:02:51.298 --> 00:02:56.668
But in the audience tonight,
I actually found a new hero of mine.

00:02:58.468 --> 00:03:00.247
He is a little 12 year old boy,

00:03:00.248 --> 00:03:04.087
who eight months ago
couldn't speak English

00:03:04.088 --> 00:03:08.557
and decided to teach himself English
through his computer

00:03:08.558 --> 00:03:11.017
and I'd like to have you meet him.

00:03:11.018 --> 00:03:12.977
Jimmy please welcome you on stage.

00:03:12.978 --> 00:03:14.598
(Applause)

00:03:20.876 --> 00:03:21.959
Jimmy Calí: Hello!

00:03:21.960 --> 00:03:24.168
Matt Dalio: Tell me about yourself Jimmy.

00:03:24.169 --> 00:03:27.958
JC: Hi everybody, my name is Jimmy,
I'm 12 years old,

00:03:27.959 --> 00:03:30.793
and I really like to play videogames
and read books.

00:03:31.845 --> 00:03:34.274
MD: So, how did you learn English?

00:03:34.275 --> 00:03:39.188
I learned English by practicing,
reading and listening.

00:03:40.501 --> 00:03:46.541
I already ended the program
Duolingo, I practiced in videos,

00:03:46.542 --> 00:03:50.460
Skype, and writing on Whatsapp.

00:03:51.471 --> 00:03:52.851
(Laughter)

00:03:54.511 --> 00:03:56.021
(Applause)

00:04:02.759 --> 00:04:06.098
So he was having a fluent conversation,
I speak Spanish,

00:04:06.099 --> 00:04:09.798
and the conversation was easier
to had in English that it was in Spanish

00:04:09.799 --> 00:04:12.539
because his conversational
English is so good.

00:04:13.232 --> 00:04:16.711
Tell me, how much English
did you know eight months ago?

00:04:16.712 --> 00:04:22.588
JC: I [started] learning
eight months ago, in March last year.

00:04:22.589 --> 00:04:25.478
MD: How much did you know
eight months ago?

00:04:25.479 --> 00:04:26.928
LC: Nothing.

00:04:26.929 --> 00:04:28.306
(Laughter)

00:04:30.374 --> 00:04:32.923
MD: You were saying something
about programming?

00:04:32.924 --> 00:04:36.753
JC: Yes I am learning programming
in Khan Academy.

00:04:36.754 --> 00:04:40.023
MD: Programing? Tell me,
what sort of programming?

00:04:40.024 --> 00:04:42.597
JC: Animation. I really like it,

00:04:42.598 --> 00:04:46.868
it's very hard, but I like it,
and I always practice it.

00:04:49.018 --> 00:04:50.567
MD: My new hero.

00:04:50.568 --> 00:04:51.818
(Applause)

00:05:04.202 --> 00:05:08.792
There are a billion Jimmies
about to get technology.

00:05:11.407 --> 00:05:17.506
It's incredible what we are
about to see as human kind.

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.

00:05:24.501 --> 00:05:29.043
The this of that, the Uber of X
has been done before.

00:05:30.352 --> 00:05:35.252
Meanwhile, emerging markets have
so many needs and so many opportunities.

00:05:35.943 --> 00:05:38.524
WhatsApp sold for 19 billion dollars,

00:05:38.525 --> 00:05:41.274
the largest startup
acquisition in history.

00:05:41.275 --> 00:05:42.275
Why?

00:05:42.276 --> 00:05:48.175
Because it gave the power of communication
to 450 million emerging market users.

00:05:49.334 --> 00:05:52.357
M-Pesa is a mobile payments platform

00:05:52.358 --> 00:05:57.237
that currently runs 31%
of Kenya's GDP through it.

00:05:57.238 --> 00:06:04.007
The opportunities of our era
exist here, in Guatemala,

00:06:04.008 --> 00:06:06.918
and emerging
market countries just like it,

00:06:08.525 --> 00:06:12.725
and this child right here
is testament to what that means.

00:06:14.356 --> 00:06:15.736
(Laughter)

00:06:17.135 --> 00:06:19.904
Thank you all. Jimmy, you are a hero.

00:06:19.905 --> 00:06:21.392
JC: Thank you very much.

00:06:21.393 --> 00:06:22.763
(Applause)