I mean, listen, this is Ted talks daily, we're about to learn about deep tech and its potential in his 2020 talk from TED at Big Deep Tech diver Antoine Gorevic explains what is deep tech, why it matters, and its promise all over the globe for space exploration, for engineering, for biology and more.
As he says, it changes what we once thought of as impossible to suddenly possible today.
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We've got it covered and they're all connected. Joined the six million users who stopped wasting time and started getting stuff done. Go to ODU Dotcom slash TED to start a free trial. That's odd. Dotcom slash Ted. I discovered a story that is swiftly changing our world, a story that has the power to change the way we produce Métayer. The way we eat and the way we kill. It is a story of Diptych Ditech is a new chapter in the innovation story, bringing together science, engineering and design thinking.
Imagine if another global pandemic happens. And the drug to combat its. Was developed and approved not in decades or years. But in months or even in weeks. Did take off this potential emerging technologies like robotics, synthetic biology, nanomaterial, blockin quantum computing and many others when combined with each other and blended with engineering and design science are making what seemed impossible possible. So what is diptych? I spent the last 18 months visiting 100 research labs and startups from Shenzhen in China to Haifa in Israel.
And this is what I learned about diptych ventures. They focus on fundamental issues. Identifying physical constraints of industries not served for decades, for example, in energy, nuclear fusion, in mobility, overprotection. They work as a household of emerging technologies. Like synthetic biology, quantum programming, artificial intelligence and many others, the focus on physical product. Using that digital platform to accelerate the test and on phase, they rely on an ecosystem to accelerate the innovation cycle.
Including the build and test phase, too many disciplines are necessary to master. For one venture to go alone, it is about cooperation, not competition. Diptych is simply transforming discovery into a design and engineering exercise.
So. Why does it matter? It matters because it is happening now all around us ongoing. This approach is changing. What was once considered impossible into something actively possible today. Take SpaceX did take Pioneer who disrupted the aerospace industry by producing reusable rockets and spaceships, reducing the cost of going to space by a factor of 10. They achieved this by combining advanced materials and chemicals developed in the last 20 years with vertical integration and the modular approach of modern software engineering or Pascola.
To startup funded by several students of my friend and ASPO, creatively using fundamental physics, combined with software engineering and data science to create an analog quantum processor or take Boston based Ginko by your works, funded by Internet pioneer Tom Knight and a group of M.I.T. scientists. A visit to Ginko showed me a lab I had never seen before, I saw a fully automated fireworks lab with the latest robotic techniques allowing to test thousands of biological designs. They achieve this by building the largest internal metagenomics database of cells, enzymes and genetic programming, by combining robotics, protein design, boosting micro-organism and mammalian cells and data science.
Have built a cell programming platform able to create nearly any organisms they want by converging science, technology and data and digital platform them to become the Amazon Web services of biology. Letting startups and other companies use the facilities. This is a perfect example of the eco system operating, so right now, many of you may be thinking. How do we manage the technological risk? Will investors be ready to play the game? Yes, there is a technological risk and developing detect requires us to rethink our innovation approach.
I have seen that for good governance, successful diptych ventures, who, number one, be problem oriented, not technology focused. This is very important. Many tech ventures start with a solution in search of a problem. Ginko partnered with Bayer to solve the nitrogen fertilizer issue. Nitrogen is a most used fertiliser in the world today, but it produces three percent of greenhouse gases and it pollutes what many startups today are trying to solve this issue by applying the solutions.
Ginko try to solve it by asking the question in another way. What if instead of producing nitrogen, we create a bacteria that use existing nitrogen to fixated on the roots of the plants, just like nature does? Who number two, it is about combining, intersecting, converging. So you need to bring across disciplinary team early on on the ecosystem. What does that mean concretely? Take Commonwealth Fusion Systems, an energy venture focusing on nuclear fusion. They achieved the breakthrough.
In nuclear fusion, by combining advances in material and data science that enables them to do calculation and simulation. That was simply not doable. A few years back, and they the ecosystem very well, copperheads like unironic. We now have invested early on universities like the M.I.T. plasma science and fusion centers are actively collaborating with them. This is like breakthrough energy ventures and others are supporting them and the US government seems interested in working with them. Rule number three, adopt a design thinking approach powered by tech.
Identify assumptions early on to be tested to reduce the risk and get to a working prototype as quickly as possible. Anticipate friction points at each stage of the innovation cycle, use data on digital platform to reduce the cost of tests alone, Lilium aviation added tech startup building or electric FXE, aiming at solving urban air mobility. I started by developing a two thirds prototype, then the five seaters using realtime data of every flight to design the next version. Rule number four, adopt a design focused approach.
Merging science with engineering require us to have the economics in mind all the time. Imagine. Another synthetic biology lighthouse, when there was a designer product user Hustlas designed to cost approach in the design phase even before production starts.
They look for the right products at the right cost, with the right barometers, they emerge and developed a line, a transparent, printable secret for electronics. Produced by fermentation on this bio based film. Is cheaper and thus better properties than the existing one, petroleum based Ditech is maturing quickly now. In 2019, they were more than five thousand diptych ventures fueled by 50 billion dollars of investors. And then Menomonee. Ventures coming out of research labs have the power to solve our most pressing issues.
Think what you would like to go in your world, consider or might diptych, and you cultivate that things maybe by accelerating drug development or by eliminating greenhouse gases or perhaps by solving the congestion problem plaguing a city. Diptych is a never going opportunity in front of us, waiting to be scared for these words more.
It is the next chapter in the innovation story. And today, I invite all of you to join me in his creation. Thank you. Hey, Ted talks daily listeners, I'm Adam Grant. I host another podcast from the TED radio collective called Work Life, where we explore the science of making work, not suck. We're doing a special series right now called Taken for Granted, where I interview my favorite thinkers about the opinions and assumptions we should all be rethinking.
My next guest is Malcolm Gladwell.
There are times in places where you have an obligation, a moral obligation to keep your mind to find work life on Apple podcast Spotify or wherever you listen to our X.