Speaker 1: The information economy has a rid. The world is teeming
Speaker 1: with innovation as new business models reinvent every industry industry.
Speaker 1: Inside Analysis is your source of information and insight about
Speaker 1: how to make the most of this exciting new era.
Speaker 1: Learn more at inside analysis dot.
Speaker 2: Com, Inside analysis dot com.
Speaker 1: And now here's your host, Eric Kavanaugh.
Speaker 3: Film.
Speaker 4: All right, ladies and gentlemen, Hello, and welcome back once
Speaker 4: again to the only coast to coast show that's all
Speaker 4: about the information economy. It's called Inside Analysis. Yours truly,
Speaker 4: Eric Cavanaugh is here, and I'm very excited to talk
Speaker 4: about one of my favorite topics today, folks, we are
Speaker 4: to talk about public private partnerships. As some of you
Speaker 4: may know, I have a whole history in this space.
Speaker 4: Many years ago in a past life, I represented the
Speaker 4: Downtown Development District of New Orleans, which was a fantastic
Speaker 4: public private partnership. You had folks from the business community
Speaker 4: who joined folks from the government world to collaborate on
Speaker 4: projects and make good things happen for downtown New Orleans.
Speaker 4: They did everything from economic development efforts to street signs,
Speaker 4: to all sorts of programs to highlight attention for retail,
Speaker 4: for hotels, research projects, all kind of fun stuff, and
Speaker 4: I saw firsthand how well those kinds of things work.
Speaker 4: So obviously, in the business world, you get an investment
Speaker 4: from companies who want to build out their portfolio or
Speaker 4: maybe see some future in what you're building on, so
Speaker 4: they can bring some venture capital to the table, and
Speaker 4: usually they want equity or something along those lines to
Speaker 4: give you that money upfront. That's not really the case
Speaker 4: in terms.
Speaker 5: Of public access.
Speaker 4: So governments who want to better the lives of their
Speaker 4: community will work with the community directly or sometimes they'll
Speaker 4: work with other agencies and other organizations to figure out
Speaker 4: how to build cool projects, how to do cool things
Speaker 4: that benefit all of society. And that's what we're going
Speaker 4: to talk about today. We've got a guest from Silvic Foundry,
Speaker 4: very interesting company I came across earlier this year. They're
Speaker 4: doing fantastic work in consulting with all science kinds of
Speaker 4: organizations around innovation. So they work not just with venture capitalists,
Speaker 4: but also with big companies, also with government agencies, with
Speaker 4: a whole bunch of different organizations. They do really good
Speaker 4: work to help shepherd these projects and get some cool
Speaker 4: things happening. It looks like We've got Trevor Paul joining
Speaker 4: us now as well, so we're going to have a
Speaker 4: lot of fun talking with him. But first time we
Speaker 4: throw it over to Eli, promised Sell of Silicon Foundry. Eli,
Speaker 4: tell me a bit about yourself and the kind of
Speaker 4: work you're doing over at Silicon Foundry.
Speaker 6: Absolutely, thank you so much.
Speaker 7: Eric.
Speaker 6: My name is Eli. I am with Silicon Foundry. I've
Speaker 6: been with the team for the past three years or
Speaker 6: so and I'm a principal over here. And the work
Speaker 6: that we're doing is a mix of Effectively, what we're
Speaker 6: doing support corporate innovation teams alongside governments and economic development organizations.
Speaker 6: For the purposes of today, we're going to focus primarily
Speaker 6: on the government side and the work that we're doing
Speaker 6: with edios and effectively how we're supporting them is being
Speaker 6: able to foster innovation thriving innovation ecosystems in order to
Speaker 6: foster some of these first of its kind type of
Speaker 6: initiatives and project while projects while also attracting very innovative
Speaker 6: and emerging businesses from around the world. So that's effectively
Speaker 6: how we're working with economic development corporations and government leaders
Speaker 6: around the world today.
Speaker 4: Yeah, that sounds fantastic, And Trevor Paul has dialed in
Speaker 4: and he is the former Chief Mobility Officer from the
Speaker 4: State of Michigan. I believe Trevor, welcome to the show today.
Speaker 4: Tell us a little bit about yourself and the cool
Speaker 4: work that you did with Silicon Foundry.
Speaker 5: For the State of Michigan.
Speaker 8: It's great to be here.
Speaker 9: So, you know, we may not realize it, but every
Speaker 9: day all of us contribute participate in public private partnerships.
Speaker 9: So yeah, so you may buy your vehicle and maybe
Speaker 9: a Ford or a still honest, but often you drive
Speaker 9: on a state road or you go to an airport
Speaker 9: that is the perfect example of a public private partnership
Speaker 9: given both on the safety regulation side, but then also
Speaker 9: just pure infrastructure.
Speaker 8: Who pays for it all?
Speaker 9: And so really our job, at least while I was
Speaker 9: at the state as chief Mobility Officer, was to think
Speaker 9: not just about twenty twenty one, twenty twenty two, twenty
Speaker 9: twenty three, but think about twenty thirty, twenty thirty two,
Speaker 9: and what does a public partnership look like that we
Speaker 9: all use.
Speaker 8: Every single day in twenty thirty two.
Speaker 9: And so we worked with Silicon Boundary to really test
Speaker 9: the bounds of what was possible, see what technology was
Speaker 9: out there in the world that was scalable, and then
Speaker 9: try to bring that to the citizens of Michigan. You know,
Speaker 9: we are the mobility capital and we are the automotive capital,
Speaker 9: but you got to earn that title. And we're at
Speaker 9: this very interesting point in the automotive industry that is
Speaker 9: similar to the nineteen tens nineteen twenties.
Speaker 8: Things areanging very fast, not just with the vehicles but
Speaker 8: also with the environment around those vehicles.
Speaker 9: And so it was paramount that you know, a lot
Speaker 9: of people think, yes, Detroit is the home of the
Speaker 9: Model T, the first vehicle, but the truth is we're
Speaker 9: also home to like the first three color traffic light,
Speaker 9: the first mile of paved road. So there's a leadership
Speaker 9: role that Michigan should play around infrastructure, and we found
Speaker 9: Founder to be the best partner in dreaming of what
Speaker 9: could be possible.
Speaker 4: Yeah, that's really cool, I have to tell you. And
Speaker 4: I think for a lot of folks working with the
Speaker 4: government can seem daunting. For some folks, working with big
Speaker 4: tech can seem daunting. And it helps, maybe ELI throw
Speaker 4: this back over to you. It helps to have a consultant,
Speaker 4: a trusted partner advisor to work with you and help
Speaker 4: you understand the ropes of working with government agencies, the
Speaker 4: ropes of working with venture capitalists or big tech companies,
Speaker 4: because they are different environments, they have different more rays,
Speaker 4: different customs, They have regulations, policies, deadlines, all these kinds
Speaker 4: of things that can be difficult to ascertain for the
Speaker 4: common man of the common business per So that's where
Speaker 4: Silicon Foundry really comes in and helps understand and shepherd
Speaker 4: that process.
Speaker 6: Right absolutely so, in a nutshell, we like to think
Speaker 6: that we operate within the nexus of the innovation ecosystem.
Speaker 6: And when I say the innovation ecosystem, I think about
Speaker 6: absolutely the public public side, the public sector governments, edios.
Speaker 6: It also includes corporates, corporate innovation teams, corporate venture capital teams,
Speaker 6: the big tech companies. It includes the role that the
Speaker 6: media plays in that space, includes the vcs, the venture capitalists,
Speaker 6: the private equity firms, the family offices. It also includes
Speaker 6: the incubators and the accelerators. There's this vast, rich, expansive
Speaker 6: innovation ecosystem and everyone plays a super important role in
Speaker 6: fostering this ecosystem, especially when it comes down to the
Speaker 6: regional level, whether that's at the local level, at the
Speaker 6: state level, or at the country level. And so I
Speaker 6: think it can be to your point daunting to serve
Speaker 6: on one side of the ecosystem and understand how to
Speaker 6: effectively interact with another side of the ecosom, or understand
Speaker 6: how to communicate with different sides of the ecosystem. So
Speaker 6: in many cases we can often serve as translators, we
Speaker 6: can serve as catalysts for these types of opportunities and
Speaker 6: being able to bring together and convene some of these
Speaker 6: different players across the ecosystem in order to Trevor's point,
Speaker 6: create something in many cases first of its kind or
Speaker 6: truly innovative. And so that's a lot of the work
Speaker 6: that Selicon Foundry has been doing really behind the scenes
Speaker 6: in many cases, but also really serving as an extension
Speaker 6: of economic development teams and of innovative government agency teams
Speaker 6: to help really bring some of these initiatives to life.
Speaker 4: Yeah, that's really cool stuff, and I'll throw this back
Speaker 4: over to you. In a past life, I was a
Speaker 4: journalist and I remember interviewing a guy from the Illinois
Speaker 4: Department of Transportation and we were talking all about planning highways,
Speaker 4: and he told me something that was very interesting. He said,
Speaker 4: in our world, we're not allowed to expect more traffic
Speaker 4: in the future. We have to look at current traffic
Speaker 4: patterns and use that as our baseline for building roads
Speaker 4: and where we build roads. This is back when they
Speaker 4: were building three fifty five, which was a huge undertaking
Speaker 4: and really transformed the Chicago suburbs because it was kind
Speaker 4: of about west but it went northwest through a lot
Speaker 4: of major suburbs and just was fantastic. And I was like, well,
Speaker 4: that's very interesting. So you have to be forward looking.
Speaker 4: You have to understand the regulations, you have to understand
Speaker 4: the budgets, the processes around all that, and then work
Speaker 4: with partners to figure out what can be done. And
Speaker 4: that's kind of what your role was, right.
Speaker 8: Yeah, yeah, I mean.
Speaker 9: To a degree, yes, you have to look at what
Speaker 9: has been done, but then you also have to look at,
Speaker 9: you know, like what's been wrong about what's been done,
Speaker 9: and people don't like that, right, yes, yes, And you know,
Speaker 9: in our case, I understand that mindset because you have
Speaker 9: an obligation to the taxpayer to be as efficient as
Speaker 9: effective as possible with with their dollars with their tax dollars,
Speaker 9: and so you can't really use that money to bet
Speaker 9: on the future. However, it is incumbent upon government to
Speaker 9: plant the seeds for innovation to allow innovation. Sometimes that
Speaker 9: that is done through regulatory right away passing laws, but
Speaker 9: other times that's done by seeding just a little bit
Speaker 9: of capital, saying to industry, hey, if we put down
Speaker 9: one dollar and maybe you know, you could put down
Speaker 9: two dollars, because ultimately this will feed into your business model.
Speaker 8: Maybe we can do something special together that saves lives.
Speaker 9: Maybe we can do something special that you know, could
Speaker 9: you know, help with a MISSI in an area within
Speaker 9: the Detroit city limits that that has been one of
Speaker 9: the most polluted in the nation for decades.
Speaker 8: There are things we can do together to create a
Speaker 8: better world.
Speaker 9: And we're really proud of, you know, in working in
Speaker 9: foundry for the period of time that we did that.
Speaker 9: For every dollar we were putting down because the concepts
Speaker 9: were so great, we were getting like thirty five hundred
Speaker 9: dollars back in industry match in some way, shape or
Speaker 9: form where they're like, yes, we will invest in this idea,
Speaker 9: Yes we see the future. While the returns might not
Speaker 9: be right away, these are returns that you know, we
Speaker 9: not only want to want to see happen in the world,
Speaker 9: but but ultimately could create other new business models beyond
Speaker 9: what we have currently.
Speaker 4: Yeah, and Trevor, I'll throw this one back over at you.
Speaker 4: Economic development is such a powerful engine, and mobility is
Speaker 4: central to that. So enabling safe traffic not just to people,
Speaker 4: but of goods throughout urban areas and throughout the state.
Speaker 4: The size of Michigan. A lot of people may not know.
Speaker 5: Michigan is a big state. I've driven all the way
Speaker 5: up northn all the way outside.
Speaker 4: Oh yeah, I've been up to what is it, Saginaw
Speaker 4: and Sussein, Marie and all these princes, so I know
Speaker 4: it's a beautiful state.
Speaker 5: It's beautiful in the summer.
Speaker 4: Lots of mosquitoes. That's my only complaint. If you guys
Speaker 4: could work in the mosquitoes, maybe that would be.
Speaker 9: We're working on it, working on it.
Speaker 4: It's tough, but the point is that when you make
Speaker 4: these investments, their fruits of that labor can be enjoyed
Speaker 4: for years and decades to come, right, Trevor.
Speaker 9: Yes, as long as it plugs into the existing infrastructure,
Speaker 9: the existing systems. One of the things I'm careful to say,
Speaker 9: and you know, whether it was to you know, lawmakers,
Speaker 9: policymakers or CEOs, it's like, no, we're not trying to
Speaker 9: land a spaceship on the current way that we live
Speaker 9: our lives, like, this is not something that should make
Speaker 9: you get to go out of your way to use.
Speaker 9: This should plug into everything that you have in ways
Speaker 9: that sort of how Steve jobs to with the iPhone,
Speaker 9: in ways you could never imagine. And so in our case,
Speaker 9: you know, I'll give you a couple of examples of
Speaker 9: the projects that Foundry played a direct role in incepting.
Speaker 9: You know, we worked with a company Electrion, which Foundery
Speaker 9: introduced to US. Company based in Israel but with ties
Speaker 9: in Sweden, and they had done some really successful deployments
Speaker 9: in Sweden of a road that actually charges an electric
Speaker 9: vehicle as it's in motion.
Speaker 5: Pretty cool.
Speaker 9: Not something that is useful on every single road or
Speaker 9: every single mile of the twenty eight thousand miles of
Speaker 9: road there are in Michigan, but something that works for say,
Speaker 9: routine deliveries, something that works for transit.
Speaker 8: And so you know, with the idea being.
Speaker 9: So buttoned up so detailed with a partner that was
Speaker 9: willing to invest some of their own funds into it,
Speaker 9: we were then able to go back to multiple state
Speaker 9: departments and the city and say, hey, can we stitch
Speaker 9: together a public private partnership and do something that's never
Speaker 9: been done in America? And we did that and right
Speaker 9: now it's active in downtown Detroit and actually, you know,
Speaker 9: it made national news when we did it, so beyond
Speaker 9: just being a functional solution that we hope to grow
Speaker 9: in the future, it was perceptional training. And there are
Speaker 9: many other examples like that that you know, we just
Speaker 9: needed a little bit of proactive intellectual muscle because the
Speaker 9: nature of government is being pretty reactive and trying to
Speaker 9: make sure that you take care of what's in front
Speaker 9: of you and what the citizens need right now.
Speaker 8: So to have that forward leaning leaning partner is huge.
Speaker 5: Yeah, that's really big.
Speaker 4: And I think it's a good segue to throw it
Speaker 4: back over to Eli And I'm in the tech business,
Speaker 4: e Lie, and I'm privy to certain information about advances
Speaker 4: and AI and analytics and things of that nature, and
Speaker 4: it takes time, and it takes effort, It takes research
Speaker 4: to stay on top of these things, and also to
Speaker 4: know who's real, who's maybe not quite as real, who's
Speaker 4: got better marketing for example, who's got better product. It
Speaker 4: takes time, attention, research, and due diligence to understand all that.
Speaker 4: But now you can see talking to Trevor here, sometimes
Speaker 4: that really pays off, right.
Speaker 6: Yeah, Well, one thing I would add to that, you
Speaker 6: mentioned time research patients. One thing I would add to
Speaker 6: that is a community, a network, and that's really what
Speaker 6: Silkin Foundry is putting forward as a really core part
Speaker 6: of our offering and our value proposition where we firmly
Speaker 6: believe and I feel like this is a mantra that
Speaker 6: we'll say across the firm internally, but true insights don't
Speaker 6: live in a database. We leverage research tools, We have
Speaker 6: access to secondary research platforms, and these are fantastic to
Speaker 6: help us get up to speed on certain topics very quickly,
Speaker 6: fantastic for us to be able to gather certain data points.
Speaker 6: But at the end of the day, true insights, true
Speaker 6: intelligence that isn't available to everyone just by logging onto
Speaker 6: the net and googling something. It comes from conversations like
Speaker 6: the three of us are having right now, conversations that
Speaker 6: Silpen Foundry is having day in day out with the
Speaker 6: startup community, with founders across the world, with investors, with
Speaker 6: the corporate innovation and corporate venture and community, and the
Speaker 6: work that we're doing with the governments and edios. So
Speaker 6: by having those conversations day in day out, we're able
Speaker 6: to extract those key data points and then to Trevor's point,
Speaker 6: proactively facilitate what we like to call a curated flow
Speaker 6: of insights, intelligence, and in many cases, actionable opportunities and
Speaker 6: actionable outcomes. In the case of DEOS, that could be
Speaker 6: an opportunity for a company like Electron to come in
Speaker 6: pilot its technology and test its technology in maybe a
Speaker 6: test site setting or in eventually a real world setting
Speaker 6: which is in process right now. Or it could be
Speaker 6: within the corporate setting. It could be a similar pilot
Speaker 6: or trial type engagement. It could be a strategic partnership,
Speaker 6: It could be a strategic investment. It could be a
Speaker 6: merger acquisition opportunity, depending on the that's involved.
Speaker 4: Yeah, there are lots of opportunities, and I guess this
Speaker 4: gets to the heart of our conversation today, which is
Speaker 4: the intrinsic value from public private partnerships. Because government has
Speaker 4: tremendous capabilities. They can ask laws if they need to,
Speaker 4: they can pass regulations, they can modify regulations, they can
Speaker 4: explain certain things, and they have access points that private
Speaker 4: industry companies just don't have. Meanwhile, out in the private sector,
Speaker 4: there's a tremendous amount of innovation happening.
Speaker 5: All over the world.
Speaker 4: To your point just a minute ago, Eli, it's not
Speaker 4: just here in the United States. It's in Israel, it's
Speaker 4: in Europe, it's all around the world. Being dialed into
Speaker 4: a network of professionals of consultants, analysts, engineers, people who
Speaker 4: are actually working on these things is incredibly valuable because,
Speaker 4: number one, it saves a lot of time, and it
Speaker 4: also helps you to have very productive conversations, right if
Speaker 4: you have someone in the room who can tell you, yeah,
Speaker 4: actually that technology is not really ready for prime time yet.
Speaker 4: Here's why, Xyz, that's extremely useful because out there in
Speaker 4: the wilderness on your own, something can look good. But
Speaker 4: if you don't have experience deploying these technologies managing the
Speaker 4: process over time, bad things can happen. I mean, you know,
Speaker 4: I lived many years in New Orleans, and I watched
Speaker 4: as the casino went up and then the public private
Speaker 4: partnership fell apart, like we just saw this big hulk
Speaker 4: of a concrete building for like a year and a
Speaker 4: half until they finally got their act together again and
Speaker 4: finished the job. So it really does pay to know people,
Speaker 4: to know processes, to understand processes, and to make these commitments.
Speaker 5: And I think that's what it really boils down to.
Speaker 5: But folks, don't touch up. That will be right back.
Speaker 4: You're listening to Inside Analysis, expect.
Speaker 1: Welcome back to Inside Analysis. Here's your host, Eric Tavanaugh.
Speaker 4: All right, folks, welcome back once again. You're truly Eric
Speaker 4: Kavanaugh here on Inside Analysis. Fascinating conversation today. We're talking
Speaker 4: to Eli, a promisel of Silicon Foundry, one of the
Speaker 4: coolest companies that go across in a while. Very interesting folks.
Speaker 4: They shepherd projects, they make connections, they network, They have
Speaker 4: all sorts of resources in terms of understanding different kinds
Speaker 4: of technological innovation, but also bureaucracy and understanding how to
Speaker 4: deal with bureaus, understanding how to deal with government agencies,
Speaker 4: understanding how to deal with innovators and venture capitalists. So
Speaker 4: it helps to kind of have that spectrum that panoply,
Speaker 4: if you will, of experts at their disposal. And we've
Speaker 4: also got Trevor Paul here. He's the former chief Mobility
Speaker 4: Officer from the state of Michigan. And Trevor, in that
Speaker 4: first segment, I'll throw this back over to you. I
Speaker 4: did not know that Michigan is where the first three
Speaker 4: light three colored stop light came from. That's pretty good stuff, right, yellow.
Speaker 5: Green, and red.
Speaker 4: And I don't know if anyone ever saw the movie,
Speaker 4: but way a long time ago as a move about
Speaker 4: an alien landing, and he's driving around the girl and
Speaker 4: she goes, don't you know what those lights mean? He goes, yes,
Speaker 4: red means stop, green means go, and yellow means go
Speaker 4: very fast. And she's like, no, it means slow down,
Speaker 4: it means caution. But that's just one cool part of
Speaker 4: the history of Michigan. Of course, Motown with Motown staff
Speaker 4: or Motors ban general motors cars being manufactured, so there
Speaker 4: is a there's a spirit of an an innovation and
Speaker 4: industry in Michigan, right.
Speaker 9: Trevor, Absolutely, But it's an interesting time in our history.
Speaker 9: You know, electric vehicles require less parts and so as
Speaker 9: we think about the transition from internal combustion engines two evs,
Speaker 9: our supply base stands to shrink unless there's ways that
Speaker 9: we can diversify get into other modes of transportation. If
Speaker 9: you believe any of the future mobility predictions that you
Speaker 9: see from either big consulting companies or those in the industry,
Speaker 9: the way that we get around.
Speaker 8: Is going to change in the next fifty to seventy
Speaker 8: five years.
Speaker 9: And you know, car ownership maybe something that is a
Speaker 9: thing of the past.
Speaker 8: I'm not saying it's.
Speaker 9: Going to be like smoking on airplanes or anything, but
Speaker 9: it's something that eventually maybe we have four lanes for
Speaker 9: autonomous vehicles transit and one lane for those that want
Speaker 9: to drive themselves, because driving yourself could be extremely expensive
Speaker 9: depending on where our high volume manufacturing takes us and
Speaker 9: how prices you know, go up and go down as
Speaker 9: you think about the future of automotive and so really
Speaker 9: it's important to us in Michigan right that we're thinking
Speaker 9: now about the future that we all want to live in,
Speaker 9: and how can we take that supply base and give
Speaker 9: them a diverse set of opportunities, Maybe the future of drones,
Speaker 9: maybe the future of even freight shipping both on waterways
Speaker 9: and highways. You know, there are all these different ways
Speaker 9: that we can think about transportation, micro mobility, the future
Speaker 9: of scooters, the future of bikes. Michigan's a place that
Speaker 9: makes things, we design things, We think of things too.
Speaker 9: It's not limited to sedans and SUVs. And so the
Speaker 9: role that I had in the state was very much
Speaker 9: like sort of being this evangelist's promoter for a future
Speaker 9: and mobility that isn't just anchored an automotive, but anchored
Speaker 9: in a bunch of different things.
Speaker 4: Yeah, that's very cool, and Eli, I'll throw this over
Speaker 4: to you, And I'm glad that Trevor threw in there
Speaker 4: the concepts about or the reality of moving products, not
Speaker 4: just moving people, but moving product, moving supplies and supply chains.
Speaker 4: In fact, the first show we did with Silicon Foundry
Speaker 4: was focused on supply chain, which is incredibly complex stuff.
Speaker 4: It's something that not many people knew about until. Really
Speaker 4: it was the not just the COVID but before that,
Speaker 4: the tariffs on China that threw everything into a bit
Speaker 4: of a tizzy. Especially if you were a cyclist like me.
Speaker 4: You couldn't get bicycle parts because they were all over
Speaker 4: in China and that all stopped. But my point is
Speaker 4: that this is another kind of value that an agency
Speaker 4: like Silicon Foundry can bring to the table, because to
Speaker 4: understand the nexus of supply chain, urban planning, development, manufacturing,
Speaker 4: and artificial intelligence is pretty important stuff because you can
Speaker 4: And we just did a show in fact last week
Speaker 4: with the folks from Dell, and I was pointing out
Speaker 4: I remember twenty five years ago being amazed by what
Speaker 4: Dell did with just in time delivery, and I joked
Speaker 4: that I actually knew a guy who drove a van
Speaker 4: all around the Dell plant, just all day long with motherboards,
Speaker 4: waiting for the call because they's okay, we got norms
Speaker 4: for fifty, like did you'd be driving drop off fifty
Speaker 4: and then did you drive off? That's just in time delivery.
Speaker 4: And that's twenty five years ago. So what I think
Speaker 4: is interesting here is that you folks at Silicon Foundry
Speaker 4: can bring this kind of knowledge and expertise and contacts
Speaker 4: to the table to work with folks like Trevor who
Speaker 4: has his own array of context, right, maybe talk about
Speaker 4: that for a second.
Speaker 6: Yeah, absolutely, thank you. I think one of the things
Speaker 6: that is really cool about Silk and boundary as a
Speaker 6: platform and as a as an organization is the way
Speaker 6: that we so first and foremost were industry agnostic. And
Speaker 6: when I say industry agnostic, I mean we are working
Speaker 6: with a broad range of members clients across a range
Speaker 6: of different industries. Whether it's supply chain logistics, as you
Speaker 6: noted before, whether it's financial services, consumer retail, automotive, aviation.
Speaker 6: We're working across a very broad set of different industries.
Speaker 6: And what makes sort of what allows us to be
Speaker 6: able to do that is really the horizontal nature of
Speaker 6: a lot of the subjects subject matters that we deal with.
Speaker 6: So take mobility for instance. The mobility serves as a
Speaker 6: technology that impacts a broad range of different industries and
Speaker 6: starts to touch into and teeter into what's happening in
Speaker 6: supply chain logistics in the movement of goods and Trevor
Speaker 6: refer to freight before, what's happening in energy as we
Speaker 6: talk more about electrification. And because of the nature, this
Speaker 6: horizontal nature of the topics that we're dealing with, we're
Speaker 6: able to work across this broad set of different spaces
Speaker 6: and therefore bring insights that come from unexpected places in
Speaker 6: many cases, So if we're working with one of our
Speaker 6: members that exists in the supply chainnel logistics space that's
Speaker 6: trying to look at the future of the warehouse and
Speaker 6: what's happening within the warehouse context and some of the technologies,
Speaker 6: whether it's humanoid robotics or computer vision, well, a lot
Speaker 6: of that technology is universal, industry agnostic, horizontal by nature,
Speaker 6: and that can come into play in the aviation space
Speaker 6: and what's happening out on the tarmac and what's happening
Speaker 6: above and below the wing and everything that's happening with
Speaker 6: baggage handling and so in one of the really interesting
Speaker 6: things I think about economic devel in particular is the
Speaker 6: Michigan is home to and as this you know, a
Speaker 6: lot of this conversation as has sent time on, is
Speaker 6: home to the It is a true landing zone for
Speaker 6: mobility innovation. This is an unofficial tagline that I've been
Speaker 6: trying to push for so long, but I do believe
Speaker 6: all roads in mobility lead to Michigan, and so it
Speaker 6: becomes this very natural landing zone for a lot of
Speaker 6: innovation that's happening in mobility around the world. And so
Speaker 6: whether it's mobility, whether it's supply chain logistics, whether it's
Speaker 6: advanced farial mobility, there's a lot of opportunity for innovation
Speaker 6: to take place in edios, to act as a catalyst
Speaker 6: no matter where you are in the world.
Speaker 4: Yeah, that's a really interesting point you made, Aline. It
Speaker 4: kind of speaks to one of my soapbox topics, which
Speaker 4: is centers of gravity. And Trevor, I'll throw this over
Speaker 4: to you. You see this all over the place in
Speaker 4: the business world. Companies and regions will get known. I mean,
Speaker 4: look at Silicon Valley for example. It's one of the
Speaker 4: ultimate centers of gravity for innovation. And to Eli's point,
Speaker 4: You've got a center of gravity in Michigan around mobility,
Speaker 4: not just because of Motown, but because of many different innovations.
Speaker 5: Over the years.
Speaker 4: There's a cultural awareness around the criticality of mobility, and that,
Speaker 4: infused with the Michigander spirit, infused with the history and
Speaker 4: the communities and the cultures that are making the fabric
Speaker 4: of that state, has created these interesting innovations, right, and
Speaker 4: so it is now a center of gravity for mobility,
Speaker 4: and that, to Eli's point, can lead to future advances,
Speaker 4: whether it's designed of new products or understanding the economic
Speaker 4: impact I mean that's another side of the equation too,
Speaker 4: is being able to measure and manage and report on
Speaker 4: the economic impact of these things.
Speaker 5: That's all some pretty cool stuff, right Trevor.
Speaker 8: Yeah, absolutely.
Speaker 9: And you know, when you think about reporting out, what
Speaker 9: is it that you report out? Typically in state government,
Speaker 9: it's it's ultimately what outcomes the governor that's elected chooses,
Speaker 9: you know, And I've been fortunate I worked for two
Speaker 9: governors that you know, we had we had reports out
Speaker 9: that not only included the economic impact, so new jobs
Speaker 9: created or retained, but also our communities safer, greener, more productive,
Speaker 9: Are they more accessible? The technologies were bringing to bear,
Speaker 9: do they uphold the person's dignity? How are we how
Speaker 9: are we making Michigan not just the mobility capital, but
Speaker 9: just simply one of the best places to move around,
Speaker 9: whether it's a good or whether.
Speaker 8: It's a person.
Speaker 9: And so that that's one of the cool parts I
Speaker 9: think of of working in government. It was there's always
Speaker 9: a couple of different bottom lines that that you were
Speaker 9: focused on. That wasn't It wasn't just about profitability in return.
Speaker 9: Clearly you wanted to make sure the dollars beings wisely,
Speaker 9: but it was literally about making home a better place.
Speaker 4: Yeah, that's a fantastic line. And for what it's worth,
Speaker 4: my wife deals with mobility issues. She has MS, so
Speaker 4: she's in a scooter all the time, and there are
Speaker 4: places that are not very ad a friendly, let's say. So,
Speaker 4: you know, we're certainly hopeful in the in the consumer
Speaker 4: jet pack where she go just kind of you maybe
Speaker 4: use the magnetic fields or whatever. But there are trains
Speaker 4: that run on magnets all around the world. Now, so
Speaker 4: there are really cool things that you can come up with,
Speaker 4: and you maybe, Trevor, I throw this back over to
Speaker 4: you and then back over to Eline a second. But
Speaker 4: you know, when you have again these centers of gravity
Speaker 4: around certain domains of expertise material science, for example, what's
Speaker 4: wonderful is that these groups or these centers have such
Speaker 4: an advantage and then can leverage that advantage for the
Speaker 4: broader communities in our country.
Speaker 8: Right go ahead, Oh absolutely. You know.
Speaker 9: I think one of the roles in government is and
Speaker 9: that's core and often under is the convening mechanism, how
Speaker 9: we can pull everyone together. We're one of the few
Speaker 9: entities that can get industry to sit in the room
Speaker 9: with civil rights leaders or folks that don't wake up
Speaker 9: thinking about business every day, and we have resources to
Speaker 9: potentially create a structure like an innovation challenge or something
Speaker 9: that can incent collaboration beyond wanting to make again make
Speaker 9: the world a better place. And so one of the
Speaker 9: examples we did right at the beginning of the Foundery relationship,
Speaker 9: we worked on something called the Michigan Mobility Challenge and that.
Speaker 8: I believe was six.
Speaker 9: To nine million dollars of resources that ultimately would go
Speaker 9: towards deployments of new technologies that would help those that
Speaker 9: are aging, those with disabilities, and veterans, and really focusing
Speaker 9: on areas of the state, like rural areas like the
Speaker 9: Upper Peninsula of Michigan and parts that maybe don't already
Speaker 9: have these networks in place to help folks get to
Speaker 9: the grocery store, get to a doctor's appointment, and even
Speaker 9: just simple ride share. So we saw that, I mean,
Speaker 9: that was the first of its kind type of challenge
Speaker 9: in the country, at least for that amount of money.
Speaker 9: And since then we created this always on program the
Speaker 9: state still running and I believe the Michigan Mobility Funding
Speaker 9: Platform and ELI you can talk about I think recently
Speaker 9: it's been updated again, but it essentially, like always, is
Speaker 9: rolling out different.
Speaker 8: Really qualified, really thought through.
Speaker 9: Grants to community partners to help with these intersection by
Speaker 9: intersection issues and frankly audience by audience issues because different
Speaker 9: people have different mobility challenges. So I don't eli maybe
Speaker 9: you can talk a little bit about about where that
Speaker 9: program is at now, but it really excited that it's
Speaker 9: still going.
Speaker 8: Yeah.
Speaker 6: I think what's what's really cool about the Michigan Mobility
Speaker 6: Funding Platform as in I think the key operating word
Speaker 6: there is platform, because it really started out at Trevor's
Speaker 6: point around being able to test new and emerging mobility
Speaker 6: technologies in a testing environment, but then also deploying some
Speaker 6: of these maybe more slightly more mature technologies in a
Speaker 6: real world environment. And since then it's evolved into this
Speaker 6: broader foundational platform upon which a range of different challenges, initiatives,
Speaker 6: and programs sit which create opportunities to tap into non
Speaker 6: dilutive grant funding to help offset costs for these deployments.
Speaker 6: And I think that's a really key aspect of the
Speaker 6: economic development playbook to be able to attract new companies,
Speaker 6: to be able to help foster and develop the innovation
Speaker 6: activity within a region.
Speaker 4: Yeah, and I really liked Trevor how you mentioned intersection
Speaker 4: by intersection. You know, when you get right down to
Speaker 4: brass tacks have to live in their communities and have
Speaker 4: to be able to move from place A to place B.
Speaker 4: And you know, of course urban planning comes into all this.
Speaker 4: Maybe we'll talk about that in our next segment in
Speaker 4: just a minute here, but these are all very critical concerns.
Speaker 5: And if you look at how the.
Speaker 4: Suburbs were developed over time, well, the automobile had a
Speaker 4: lot to do with that because gas was cheap, and
Speaker 4: so you could build outside of the city and start
Speaker 4: building bigger homes and communities. And then of course we
Speaker 4: had rush hour. And then COVID came and maybe the
Speaker 4: rush hour was pushed back a little bit, which is
Speaker 4: probably the best thing that happened from COVID is just
Speaker 4: all right, it's all slow down a little bit. We
Speaker 4: don't all have to get on the highway and try
Speaker 4: to move into the downtown area at eight am every
Speaker 4: morning and come back at five pm.
Speaker 5: And I grew up in Chicago. Let me tell you.
Speaker 4: For a short period of time, I drove into the
Speaker 4: city from the suburbs.
Speaker 5: That was no bueno. No, it's no fun sitting in.
Speaker 4: Traffic moving in a mile an hour for forty five
Speaker 4: minutes just to get to a destination by a predetermined
Speaker 4: start time for your day. But that's another opponent of
Speaker 4: this dynamic world that we live in these days. A
Speaker 4: lot of people work from home. Now a lot of
Speaker 4: people can work from home, and we learned in COVID
Speaker 4: that a lot of jobs they thought could not be
Speaker 4: done from home can absolutely be done from home.
Speaker 5: That's good news.
Speaker 4: But it's also good to go into the office and
Speaker 4: to mix it up with people.
Speaker 5: But folks, don't touch up. That'll be right back.
Speaker 4: You're listening to Inside Analysis.
Speaker 1: Welcome back to Inside Analysis. Here's your host Eric Tavanaugh.
Speaker 4: All right, folks, welcome back once again to Inside Analysis.
Speaker 4: Your host Eric Kavanaugh here. Well, a couple fantastic guests.
Speaker 4: We're talking to Eli Promisel from Silicon Foundry and Trevor
Speaker 4: Paul who was the chief Mobility officer for the State
Speaker 4: of Michigan, and they've both done really interesting things.
Speaker 5: In the break there we were chatting. We're talking to baseball.
Speaker 4: Trevor found out that I'm from Chicago and he started
Speaker 4: harsh number of teams.
Speaker 5: But it's okay.
Speaker 4: I understand, like the White Sox are not doing so
Speaker 4: well these days. But the Detroit Tigers, man, I had that.
Speaker 4: I've always liked the Tigers. I always had you had
Speaker 4: a secret love for the logo and just like the top.
Speaker 8: The best logo in sports.
Speaker 4: It's pretty good, dude, It's a pretty good And you're
Speaker 4: and the stadium is like right downtown, right, so you've
Speaker 4: got all this transit coming in. You got the Convention
Speaker 4: Center there, you got the stadiums, a bunch of buildings,
Speaker 4: and that's a big part of life and community, right.
Speaker 4: It's like allowing people to get to the games, have
Speaker 4: some fun, get back home.
Speaker 5: That's all part of the mix, right, Trevor.
Speaker 8: Oh, you know, I think it's important.
Speaker 9: You know, Detroit's no different than other cities that are
Speaker 9: between the coasts, where you have a downtown core that
Speaker 9: maybe has seen some more dense days. At one point,
Speaker 9: Detroit was the fourth largest city in the country. We
Speaker 9: had two million people just in the city limits. Now
Speaker 9: we're around seven hundred thousand, but the city has seen
Speaker 9: its first population growth since the nineteen fifties this year,
Speaker 9: so that's a big deal. And so a lot of
Speaker 9: times when the city does get busy, it's from people
Speaker 9: coming in for events, whether it's coming in from out
Speaker 9: of town or whether it's even coming in from ten
Speaker 9: miles away for a game.
Speaker 8: And so it's an opportunity to showcase the city.
Speaker 9: It's an opportunity to up improve economic development by allowing
Speaker 9: folks to get around in multiple different ways so you
Speaker 9: don't have to wait in a line if say, for instance,
Speaker 9: you have a disability or you're a little bit older
Speaker 9: and it's tough to walk, have options so you can
Speaker 9: experience the city just like a twenty five year old.
Speaker 9: So for us, you know, there's definitely a role for
Speaker 9: the mobility that entertains you, the mobility that inspires you,
Speaker 9: the mobility that makes your city shine as much as
Speaker 9: you know, of course, our priority is the mobility that
Speaker 9: helps folks get to the essentials and again holds up
Speaker 9: their dignity. But there's a role for all sorts of
Speaker 9: ways to sort of impact a person's life.
Speaker 5: Yeah, no, that that's great stuff.
Speaker 4: And you know, we live in communities, so it's important
Speaker 4: to respect the community and to show respect. And as
Speaker 4: you suggest, Trevor to really allow everyone to live with dignity,
Speaker 4: and maybe Eli.
Speaker 5: Will throw this over to you.
Speaker 4: There's a lot of planning that has to go into
Speaker 4: these things, you know. I mean, urban planning is not new.
Speaker 4: It's been around for a long time. Maybe it wasn't
Speaker 4: in play in the formative days of cities like Houston,
Speaker 4: where they don't have any sort.
Speaker 5: Of different zones.
Speaker 4: You get skyscrapers in the middle of neighborhoods, which is fine,
Speaker 4: I guess for the folks down in Houston, but it
Speaker 4: is a strange environment.
Speaker 5: But my point is that planning urban planning.
Speaker 4: Especially these days, takes a lot of effort, a lot
Speaker 4: of insights, and a lot of connections to do things right.
Speaker 4: And that's another place where silicon foundry can come into play.
Speaker 10: Right.
Speaker 6: Yeah, absolutely, I think there's a great opportunity, especially when
Speaker 6: it comes to working with state agencies and offices like
Speaker 6: the Office Future Mobility Electrification in Michigan and idios more broadly,
Speaker 6: to serve as a central convening point among the different
Speaker 6: state agencies and among the different public and private stakeholders
Speaker 6: across the region. And to your point around planning, it's
Speaker 6: important to engage with each of those different stakeholders and
Speaker 6: understand what are their needs, what are their priorities, how
Speaker 6: are they approaching situations X, Y and Z, and really
Speaker 6: getting their input. I think and Trevor can probably speak
Speaker 6: to this better and better than me. But I can't
Speaker 6: remember a single project, Trevor, that that we had worked
Speaker 6: on together in which there weren't There wasn't an alphabet
Speaker 6: soup of different agencies involved in the in the conversations
Speaker 6: from day one. It's important here. Please, yeah, no, you're
Speaker 6: absolutely right.
Speaker 9: You know, when Governor Whitmer wanted to create this Office
Speaker 9: of Future Mobility and Electrification, it was the first of
Speaker 9: its kind for a state in the country. And the
Speaker 9: reason it was created was because we had seventeen We
Speaker 9: did the math, seventeen agencies across the state working on
Speaker 9: some form of trans future transportation, and no traffic cop
Speaker 9: no no switchboard, no anything to leverage the good work
Speaker 9: being done across state government. Our Department of Labor hearing
Speaker 9: about what our Department of Energy is doing.
Speaker 8: Clear collaboration opportunities missed.
Speaker 9: And so the idea for this office was to sit
Speaker 9: really between the four departments that were doing the most
Speaker 9: in the future of transportation, and when I tell you
Speaker 9: where they are, it's going to make a lot of sense.
Speaker 9: So the Michigan Economic Development Corporation, which is like a
Speaker 9: hybrid government agency private agency. They do economic development, bring
Speaker 9: business in the Department of Environment, Great Lakes and Energy.
Speaker 9: So that's our Department of Energy, so the grid charging
Speaker 9: all of those things. Our Department of Labor and Economic Opportunity,
Speaker 9: which is workforce talent retraining. As the industry changes, we
Speaker 9: need to make sure we have new sets. And then
Speaker 9: our Department of Transportation, who own the roads, operate the
Speaker 9: roads and are looking to get to zero fatalities and
Speaker 9: are looking to improve our rush hours on the state.
Speaker 9: So we kind of sat smack that in the middle
Speaker 9: to make sure that what we were hearing shared as
Speaker 9: far as it could go across state government. And I
Speaker 9: think we did a pretty effective job because over time
Speaker 9: we saw that our projects, our concepts, weren't just getting
Speaker 9: funding from one or two departments, from from three or
Speaker 9: four departments that saw application, or maybe it wasn't funding,
Speaker 9: maybe it was just dedicated staff, maybe it was work
Speaker 9: helping us pass a law. We did a project that
Speaker 9: foundered and incepted that is now in motion. It's a
Speaker 9: stretch along Interstate ninety four that is essentially a lane
Speaker 9: just for self driving vehicles, first of it's kind in
Speaker 9: the country. Again, and the idea is to run that
Speaker 9: lane especially for trucks, especially for you know, moving people,
Speaker 9: say from downtown to the airport. Our airport's a bit
Speaker 9: far from the downtown, or from Detroit to ann Arbor,
Speaker 9: which is about a forty mile stretch. And so making
Speaker 9: sure that that particular project had the right how do
Speaker 9: you say it protocol not only the local communities, but
Speaker 9: then also across the different state department So making sure
Speaker 9: that m DOT was in a good place, all the
Speaker 9: local dots, county dots were in a good place. But
Speaker 9: then also thinking about the future of energy and grid
Speaker 9: and what does it mean when you have this smart highway,
Speaker 9: So getting our Department of Energy involved, who's going to
Speaker 9: work on it, what types of jobs? These are going
Speaker 9: to be different jobs than any other road worker jobs,
Speaker 9: the job that you've seen across the country.
Speaker 8: These are going to have to be higher tech.
Speaker 9: So working with our Department of Labor and then having
Speaker 9: this as a backbone to what is that the most
Speaker 9: active commerce corridor in the state, you can use this
Speaker 9: as an economic development tool to attract businesses. So these
Speaker 9: ideas that Founder's brain to the table were really sort
Speaker 9: of becoming core to how state government ran. This is
Speaker 9: you know, it's like, man, I haven't talked about Cavenue
Speaker 9: in a while, but that's a great program, or that's
Speaker 9: a great infrastructure project.
Speaker 6: Something ahead, something out out to that is, you know,
Speaker 6: we spoke about Michigan mobility funding platforms as a platform
Speaker 6: and sort of this enabling platform. Well, there's also these
Speaker 6: physical platforms that serve as points of attraction for innovation.
Speaker 6: And so whether that's the the Cavenue Corridor on ninety four,
Speaker 6: whether that's the wirelessly charging road, whether that's what's happening
Speaker 6: in the Michigan Michigan Central Innovation District, these all serve
Speaker 6: sort of as these physical platforms for opportunity within testing
Speaker 6: and deploying innovative mobility technologies. There's there there serves you know,
Speaker 6: these anchor partners being the state, being Cavenue, being various
Speaker 6: state agencies. But then if you think about it like
Speaker 6: almost like a tech platform, there's content that comes into
Speaker 6: this and that content is what really activates these platforms
Speaker 6: to become true of exponential opportunities for attraction.
Speaker 4: That's very interesting, and you know, the concept spinning in
Speaker 4: my mind here as we're talking through these different projects
Speaker 4: and programs and the culture of innovation that you foster
Speaker 4: over there is the flywheel, which of course is a
Speaker 4: very important part of a vehicle, but just the concept
Speaker 4: of a flywheel is always fascinated me because it's stores energy.
Speaker 7: Right.
Speaker 4: You've got multiple parts and they're cruising along and they're
Speaker 4: storing energy in the middle, which in the case of
Speaker 4: a car is used to help it go and slow
Speaker 4: down and do various things. But to have these innovation
Speaker 4: flywheels in cultures is very powerful because they get energy
Speaker 4: of their own, and so they start taking up through
Speaker 4: the individuals who participate, through the teams who hear about it,
Speaker 4: that people who experience the work, who see the end
Speaker 4: result of it, and you understand, wow, there's something special
Speaker 4: going on there. And that kind of gets back to
Speaker 4: your common a few minutes ago Trevor about attracting the
Speaker 4: right companies, about attracting the right people, about attracting people
Speaker 4: who want to innovate, who wants to build new things. Right,
Speaker 4: So I think we'll pick this up in the podcast
Speaker 4: bonus segment to dive into it a little bit more.
Speaker 5: But the point is that the.
Speaker 4: Proof is in the pudding, as they always say, and
Speaker 4: when you get these kinds of organizations moving forward, there
Speaker 4: is momentum.
Speaker 5: It's a real thing.
Speaker 4: It's maybe a psychological or cultural, a sociological momentum that
Speaker 4: can be very palpable and can sustain the innovation wave
Speaker 4: and can sustain even through difficult times and of course
Speaker 4: in fruitful times.
Speaker 5: But folks, don't touch up that will be right back
Speaker 5: with the podcast bonus segment.
Speaker 4: You're listening to Inside Analysis. All right, folks, time for
Speaker 4: the podcast bonus segment. Here on Inside Analysis, you're truly
Speaker 4: Eric Cavanaugh. We've been talking to Eli Promiself from Silicon
Speaker 4: Foundry and Trevor Paul, the former chief Mobility Officer for
Speaker 4: the State of Michigan, and maybe travel throw it over
Speaker 4: to you first. You have fascinated by this concept of
Speaker 4: the flywheel, of an innovation flywheel and genuinely building up momentum,
Speaker 4: human momentum. Of course we understand what that means with
Speaker 4: the car, but in the world of people and getting
Speaker 4: things done, there's something very palpable about that and it's energetic, right.
Speaker 5: It captivates you, it gets you excited.
Speaker 8: What do you think people want their lives to mean something.
Speaker 9: They want to solve problems that once they are solved, that.
Speaker 8: Solution lives on for generations. That's important.
Speaker 9: And I think the reason why so many people are
Speaker 9: wanting to come to Michigan and Detroit right now is
Speaker 9: there's a lot of things to solve.
Speaker 8: There's a lot of things to solve that in the.
Speaker 9: Past, Detroit and Michigan as an industry has solved for
Speaker 9: the world. And now we're having to solve a different
Speaker 9: set of variables. And there are issues with the city.
Speaker 9: We know our city grew in the twentieth century and
Speaker 9: there were certain decisions made that now we're having appeal
Speaker 9: back and we need good smart people, good smart partners
Speaker 9: to come in and help us do that. I'll give
Speaker 9: you one example and then I'll kick it over to Eli.
Speaker 9: So there's symbol of blight in downtown Detroit is Michigan
Speaker 9: Central Train Station and it was the center of town,
Speaker 9: the center of activity in the early twentieth century, and
Speaker 9: it had been vacant since the eighties and most recently
Speaker 9: Ford Rehab that whole Michigan Central Station campus, which included
Speaker 9: a very large book depository, and now it's a center
Speaker 9: for mobility technology. Hundreds of startups have come from all
Speaker 9: over the world. Investors have come from all over the world.
Speaker 9: Google has a spot there, and so Foundry has played
Speaker 9: a very integral role in the development of that innovation
Speaker 9: hub and really drove us as a state and the
Speaker 9: city to think of this opportunity in a more global way.
Speaker 9: And it wasn't just about rehabbing the building. It was
Speaker 9: about making sure that we had the proper programming to
Speaker 9: meet the moment given everything going on in the industry
Speaker 9: and all the problems. So they've they've kind of been
Speaker 9: like this true north for us when there are big moments,
Speaker 9: that intellectual muscle that always that future leaning mentality that
Speaker 9: they have really really comes in handy.
Speaker 4: That's awesome, Eli, I want to comment on that.
Speaker 5: Hope you're.
Speaker 8: Sorry about that.
Speaker 6: One of the first things that comes to mind really
Speaker 6: is just the I wake up every morning and I
Speaker 6: hear Trevor in the back of my ear going, what's
Speaker 6: the next big idea?
Speaker 8: That's annoying. I'm sorry, no, And.
Speaker 6: In a good way though, because I think it always
Speaker 6: pushes us to strive for something big or something better,
Speaker 6: and at the end of the days, that's how we're
Speaker 6: working with governments and economic development organizations around the world,
Speaker 6: whether it's with the City of Risco and looking at
Speaker 6: the future of sports and media and entertainment, whether it's
Speaker 6: with the Dubaid and National Financial Center and the UAE
Speaker 6: driving the future of finance and everything surrounding it. I
Speaker 6: think it's a really important aspect of what we're doing
Speaker 6: and making sure that we're keeping a finger on the
Speaker 6: pulse and making sure that we're able to bring in
Speaker 6: this new flux of whether it's ideas, insights, intel and
Speaker 6: opportunities from whether it's derived from our network or the
Speaker 6: people that we're meeting again day in day out around
Speaker 6: the world.
Speaker 4: Yeah, that's really good stuff. And I'll just kind of
Speaker 4: comment and folks, if you want to learn more about
Speaker 4: these folks, look online sifoundry dot com. It's called Siliconfoundry
Speaker 4: and you can find Trevor and Eli on LinkedIn as well.
Speaker 5: And Eli, I'll just throw last comment over at you.
Speaker 4: The ability to bring people together to convene as you suggest,
Speaker 4: is very compelling because a lot of division. A lot
Speaker 4: of a lot of division stems I think from lack
Speaker 4: of communication, or from misunderstanding, or from misconceptions that people
Speaker 4: may have, or just feeling like they're not being included.
Speaker 4: So when you include people in the conversation, this is
Speaker 4: why I love the inclusion part of the storyline these days.
Speaker 4: When you include people early in the game, you give
Speaker 4: them a chance to participate. If they don't want you,
Speaker 4: that's fine, But at least if you know you have
Speaker 4: a chance to get involved, to have your voice heard,
Speaker 4: that's what makes people happy. I mean, folks understand that
Speaker 4: not everyone can be involved in every project, that everyone
Speaker 4: can benefit from this or that, But at least if
Speaker 4: we feel like we're respected and honored that dignity point
Speaker 4: that Trevor made earlier, Eli, that's crucial, And you guys
Speaker 4: really seem to have that in your DNA.
Speaker 5: What do you think.
Speaker 6: Yeah, that's a big part of who we are and
Speaker 6: what we're doing on a daily basis. The work that
Speaker 6: we're doing with our members, whether it's the Michigan Office,
Speaker 6: future mobility, like education I mentioned a few others before,
Speaker 6: the Outside of that work, we see ourselves as a
Speaker 6: community that consists of a broad set of members across
Speaker 6: different industries, and we serve as a conveniing point ourselves.
Speaker 6: So whether that's within the work that we're doing that
Speaker 6: or some of the in person programming and events that
Speaker 6: we have, whether it's at a big, big conference like
Speaker 6: CEES or south By Southwest and we're convening a bespoke, private,
Speaker 6: intimate dinner with some top executives, government leaders, top founders
Speaker 6: and investors. It gives people the chance to connect in person,
Speaker 6: which I hope one time, maybe in the future, we
Speaker 6: could do a podcast like this in person instead. But
Speaker 6: we really do believe in the power of convening in person,
Speaker 6: and I like to think that whether it's small intimate dinners,
Speaker 6: whether they're happy hours, whether they are events that take
Speaker 6: place at our hub, which is our HQ and a
Speaker 6: co working space for our members in San Francisco, these
Speaker 6: really serve as the physical manifestation of what we're doing
Speaker 6: day in, day out, and the physical manifestation of our network.
Speaker 6: Convening folks from different sides of our network and being
Speaker 6: able to bring them together to pursue opportunities together.
Speaker 5: Yeah, I just love this.
Speaker 9: Ahead I was just going to say, you know, a
Speaker 9: word that comes to mind when I think about you know,
Speaker 9: Eli's work and Silicon Bound founder is demystification. Like they
Speaker 9: demystify uh tech communities for government, and I think that
Speaker 9: they also do the same for the tech communities they serve.
Speaker 8: They demystify government.
Speaker 9: So it's fitting that you know on your image on
Speaker 9: the Zoom Zoom call here you have a bridge because
Speaker 9: literally you are a bridge between the two that is
Speaker 9: always open and helps demystify some of the things I
Speaker 9: think we that can limit innovation and limit partnership. You're
Speaker 9: or a bulldozer. There's another word, but anyway, I could
Speaker 9: think of words all day.
Speaker 5: Now that that's a wonderful term. It is a bridge.
Speaker 4: You're you're bridging communities and groups for the benefit of
Speaker 4: the overall populace. And you know, to your point, Eli,
Speaker 4: there is a tangible aspect of the world. Yes, we
Speaker 4: are digital these days, but the world is very eat tangible,
Speaker 4: it's very corporeal on it's very good stuff, right, and
Speaker 4: so we want to be able to bring people together
Speaker 4: to convene and to build cool things for the future.
Speaker 4: Will folks send me you know if you want to
Speaker 4: be on the show info at Inside analysis dot com.
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Speaker 4: next time you've been listening to Inside Analysis.
Speaker 5: A journey of a thousand words begins here.
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Speaker 13: With sixty years of fascinating facts. This is the man
Speaker 13: from yesterday and back in time. We go to this
Speaker 13: time in nineteen sixty five. Get ready for Get Smart,
Speaker 13: starring Don Adams as Bungling, aged eighty six on NBCTV
Speaker 13: beginning in September here in nineteen sixty five.
Speaker 5: Eighty six, Report to headquarters immediately just a minute. Who
Speaker 5: is this? This is the Chief?
Speaker 8: Who else will be calling you on your shoe?
Speaker 10: Max?
Speaker 7: And I want you to report to headquarters, pick up
Speaker 7: a suitcase and meet me at the airport.
Speaker 13: Right, Chief, where am I going to the airport?
Speaker 4: I know that, Chief, but where are you sending me?
Speaker 7: Truly?
Speaker 1: Airport?
Speaker 13: And from this time In nineteen seventy five, former Teamster's
Speaker 13: president James R. Haffa is reported missing after his car
Speaker 13: was found abandoned outside a restaurant. James Hoffa will never
Speaker 13: be found.
Speaker 14: According to his family, Former Teamster's president Jimmy Hoffa is missing.
Speaker 14: The family made the missing person's report this morning after
Speaker 14: haffe failed to return to his home in Bloomfield Hills, Michigan,
Speaker 14: last night. Haffa thought he was meeting with a local
Speaker 14: mobster and a New Jersey Union leader, but neither man
Speaker 14: showed up.
Speaker 13: From this time in year twenty ten, Lola Palooza kicks
Speaker 13: off at Chicago's Grand Park and the first performing artist
Speaker 13: is Bob also performing at Lola Palooza here in twenty ten.
Speaker 13: Over the next several days, Sandgarden, Lady Gaga, Green Day,
Speaker 13: and Devoud.
Speaker 15: No One Get What.
Speaker 13: With more at Man from yesterday dot Com.
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Speaker 10: Hey, y'all, merle here good news for once, my neighbors
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Speaker 16: You know me?
Speaker 10: Well, I don't know much about streaming, but they doing
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Speaker 5: NBC News Radio. I'm Chris Gragio.
Speaker 17: The Democratic governor of Maryland, is criticizing members of his
Speaker 17: party who publicly demanded President Biden end his re election campaign.
Speaker 17: Maryland Governor Wes Moore told ABC's This Week that Biden
Speaker 17: deserved better than people around him publicly calling on him
Speaker 17: to step aside. Although he agreed that Biden should end
Speaker 17: his candidacy, I'm a loyalty.
Speaker 16: Person, and I believe that you can have proper conversations
Speaker 16: and tell people the truth and you know and be
Speaker 16: able to tell them what you're hearing without also then
Speaker 16: turning around and publicly then trying to embarrass them.
Speaker 17: Biden exited the election last week. Democrats have now coalesced
Speaker 17: around Vice President Harris to be the nominee. Here's the
Speaker 17: latest from the Summer Games in Paris.
Speaker 3: Team USA took down Serbia for their first one of
Speaker 3: the Paris Olympic Men's Basketball Tournament. Lebron James was a
Speaker 3: dominant force on both ends of the floor. James perfect defense,
Speaker 3: He comes James in transition, James get out his Lebron
Speaker 3: had twenty one. The women's basketball team looking to open
Speaker 3: Paris twenty twenty four of the victory when it faces
Speaker 3: Japan on Monday. In swimming, Carson Foster finished third in
Speaker 3: the men's four hundred meter individual medley to capture the
Speaker 3: bronze medal. He finished five point seven to one seconds
Speaker 3: behind France's Leon Marshawn, who sent an Olympic record on
Speaker 3: his way to the gold. In the women's one hundred
Speaker 3: meter butterfly, Tory Husk and Gretchen Walsh finished first and
Speaker 3: second to win the gold and silver. Nick Fink also
Speaker 3: took home a silver medal after time for second in
Speaker 3: the men's one hundred meter breaststroke. Team USA finishes the
Speaker 3: opening weekend with twelve total medals, the most of any nation,
Speaker 3: including three gold. France has eight total medals, Japan with seven.
Speaker 3: This has been an NBC News Radio Olympic report.
Speaker 17: Justin Timberlake is due back in court on Long Island
Speaker 17: Friday to be rearigned on drunk driving charges. The pop
Speaker 17: singer was charged with d wy following a traffic stop
Speaker 17: in Sag Harbor on July eighteenth. Timberlake is currently on
Speaker 17: tour in Europe. I'm Chris Karai, Geo NBC News Radio
Speaker 7: NBC News on KCAA Lomelad, sponsored by Teamsters Local nineteen
Speaker 7: thirty two, protecting the