In any case, these two, although they differ in some particulars, in particular data localization, they have much more in common when you compare it with the PRC norms, which is diametrically opposite.

What we are seeing, because we are part of the APEC Cross-Border Privacy Rules already. We are also very keen on getting to GDPR adequacy. We have to navigate between the European norms and Pacific norms.

Let me take three more minutes to address your points about privacy, which is important.

Sure.

If you don’t qualify for this, which is kind of difficult to qualify anyway, then it’s just speculative like gaming. We’re not specifically regulating those, because regulating those gives them legitimacy.

If you decide to issue an STO through Ethereum tokens, you have to declare exactly the same threshold for professional investors and so on. Again, security by any other name is a security, not matter what you call it, crypto or not. That’s our stance.

Yeah, it can also be seen as a security. If you use it like ICO, which is the classical use, or sometimes misuse and abuse, because it’s like an initial offering but is purely speculative or even more so than the IPOs, then we take an approach that we mandate ...

No. The Central Bank in Taiwan takes the position that it is just a speculative virtual good.

That’s right.

No.

If you go to FamilyMart, I think you can buy some Bitcoins.

Sure. We have a fintech sandbox designed for them to show their worth.

That is very difficult. That is, again, what the SDGs is trying to do anyway by the year 2030. If you look at the goals, it builds a holistic picture of how to identify as a human being in 2030. That’s harder. That’s much harder. For the immediate, like next ...

We need to start identifying ourselves, not in terms of individual achievements because it’s just like racing without a mobile, but rather what kind of common good that we as a community can provide to each other as individuals and not as reified by machines.

We’re not worried about this coming part of automation. The near future where automation is going to take not only the mechanical case of major parts of our cortexes, but It actually also the synthetic part, like making the art and things like that. That’s what the society needs to ...

AI is actually the best teacher. Anyone can now learn other languages very easily, through the likes of Duolingo, and just gets retrained by themselves.

In any way, what we’re getting into is that once you get the society not identified on any particular skill, but rather on the social impact that your job is having on the society. Any automation is by definition assisting you and not replacing you.

They’re now all very eager to turn themselves into a lifelong education center, not just serving the people who are 18 years instead, which are declining in numbers anyway.

Two things. The coming out part and the going to come part. The coming out part is easy because our lifelong education system is actually really well-maintained. Both by the social sector as the community colleges and also by our universities, which is literally everywhere. [laughs] We have too much ...

We waited almost a decade actually to introduce this particular curriculum. We knew that we had to do that.

Fortunately, the parents of the primary schoolers now is the generation after lifting of the martial law and educational reform, so they learned mathematics and so on in a constructive way. If we introduced this just five years earlier, there would be a huge backlash because then the parents at ...

It is radical in Asia. As far as we know, we’re the only jurisdiction in East Asia that have gone this far.

Maybe not radical in Finland, where this has been rolled out for quite a while now.

That’s right, which is why we’re changing the curriculum, starting now actually, to not emphasize any competition between individuals based on their particular skills. The skill-based, scoring based linear education is gone, by the new curriculum.

I don’t presume to speak to all innovators and translators in Taiwan, but I think it does make sense if humans just focus on the part that we enjoy, which is the creative parts.

That’s right. The nuances of it, and that’s the creative end. I don’t enjoy looking at the dictionaries. I for one, welcome the assistive intelligence, which is what I call AI, that can take away all those mechanical parts. I don’t enjoy them anyway. I focus on the parts that ...

That’s right. Also, as a professional translator in my previous life, I don’t really enjoy the part of the translation that’s looking up dictionaries. I enjoy the part of the translation that is creative, making the cultural adaptations, making sure that people receive our messages in a way that corresponds ...

Translator is such a great example.

Not so quickly. As a translator myself…

Nowadays, editor is still a job. [laughs]

A printer was a job.

There’s no human who declared themself a computer or a calculator any more…

Yeah. It used to be people identify their profession as printers or computers. These were words used to describe people’s profession, and nowadays, these are entirely automated.

It used to be that “printers” were people.

That’s a easy question. We didn’t lose our jobs to automobiles…

No.

Starting this year…

Yes.

All this shapes a economy that delivers innovations by not sacrificing the social environmental goals, and that’s what I’m getting at is that innovations like Gogoro in Taiwan is much more exportable because every other nearby petrol station about these things as well.

Mulch lower, almost zero in our jurisdiction, or sometime negative really, as people suspect and then they go on strike and refuse to buy something and turn out to be a mistake, but it’s considered OK to do that. Better to be cautious than sorry.

Yes, and they sometimes serves as warnings, as examples, such as the ASFV, the swine fever virus, which has spread to lots of nearby jurisdictions. All of these serves as a constant reminder that the commons is something that we have to maintain from the private sector also, so the ...

Yes, in a nearby jurisdiction. Definitely not Okinawa, though.

That’s right. We have evidence that…

If you randomly poll anyone from the street, asking, “What’s your top social concern?” they’re going to tell you food pollution or environmental pollution.

Anyway, what I’m getting is that for unicorns like Gogoro in Taiwan, they sell very well here in Taiwan because people care about the commons, including the environment to get…

That’s right, and the density is very high in terms of population, at least on the westside which is the western area. In any case…

I think they get trendy in Taiwan because of three things. First that in Taiwan, people genuinely care about the environmental impact.

Sure. One example is Gogoro. It’s almost a unicorn now. It’s a Taiwan company that doesn’t really sell motorcycles. It sells a way of managing the energy grid using swappable batteries. They’ve very popular here. You can see the Gogoro motorcycle scooters everywhere.

No, not at all.

Other than Taiwan, which is a special case, they don’t really have a legitimate claim anywhere else to annex their government systems.