Omniscient Investment Point - Chapter 289



Only Krnovel

289 Innovation is possible only when it penetrates everyday life – 1

(1)

Maybe it was because of the dream farm, but my attention naturally moved to the dining table.

No, maybe it was because the situation had become unavoidable.

As my wife got fatter, I started taking charge of cooking.

“I can do it.”

Kang Hyun-ji said to me, as if she felt sorry.

“No. I’m having fun these days.”

I gave her a smile as I stir-fried broccoli and crab meat together.

Actually, cooking is becoming more and more fun.

Maybe I have hidden talents that I don’t know about.

“Should I try making kimchi this time?”

“Don’t do that.”

“Why? I’m confident I can do well.”

“That may be true, but if you do that once, your back will break. You won’t be able to go to work.”

“Is that so? Hahaha.”

Through this conversation, I was briefly reminded of my mother.

You, who have never skipped kimchi making in your life.

Even though her back hurt, she made kimchi with her own hands, grating radish, mixing seasoning, and putting beef between cabbage leaves.

Maybe my mother’s disc problem wasn’t from weaving silk thread, but from making kimchi.

“hmm.”

On my way to work, I suddenly feel excited.

They say that if you do housework, you often get burnout, and that’s what happened to me.

Fortunately, I am a Korean with the will to improve my discomfort.

I quickly made a phone call somewhere.

– Huh? Hello, sir.

“It’s been a while. Hahaha.”

The opponent’s name was Ryu Jeong-bae, the president of Daehyun Technology.

We used to keep in touch quite often thanks to the exploration robot, but this time it was a bit quiet.

– Oh, I’m going to forget your face. Why can’t I contact you?

“Yeah, I missed a few calls and forgot to call later.”

– Oh, I called you? Well, it wasn’t anything important. I just wanted to say hello.

“I see. But I would like to see you about something important.”

– Something important?

Suddenly, Ryu Jeong-bae’s voice becomes stronger.

I wondered why, and I think I know the reason right away.

‘Do you know how to invest?’

If you think about it, it could be, and it could not be.

I had an idea that came to me while I was doing housework, so I had something to discuss with him.

And as a result of the discussion, if it was determined that it was worth investing further, we were willing to do so boldly.

“Yes, when do you have time?”

– Oh, if the CEO is coming, I have to take out some of the time I don’t have.

“Then, how about lunch later?”

– Okay. Hahaha.

I made this promise.

‘Okay. I’m going to save all the housewives in South Korea.’

With that absurd goal in mind, I went to meet Ryu Jeong-bae a little later.

(2)

“Is this a kimchi robot?”

Do you think I’m going to start talking nonsense the moment we meet?

A somewhat absurd expression appeared on Ryu Jeong-bae’s face.

‘I guess I’m starting to use the word ‘impossible’ a lot.’

I know too. How uneconomical it is to design and produce a robot just for making kimchi.

“Sir, robots will never make a lot of money if they are made only for the Korean market.”

“Yes, of course robots should be produced for the global market.”

“Is this a kimchi robot?”

“Yes, I think there will definitely be demand. Listen carefully.”

I mentioned the plant appliances from Dream Farm earlier.

By capturing the domestic market, we were able to achieve economies of scale, however small.

If you target the global market based on that, there is nothing you can’t do.

“Hey, plant-based appliances and robots are different. Honestly, how many times a year do you think you’ll use a kimchi robot?”

“In a normal household, it would only happen once, right?”

“For that, who would buy a robot?”

“You don’t have to buy it. But what if you rent it?”

“yes?”

“Don’t you know about renting? You rent it out. For example, on November 1st, you go to Sooni’s house, and the next day, you go to Cheolsu’s house. Then, when the season without kimchi comes around, can’t you just turn it over to the kimchi factory?”

The absurd light has slightly diminished compared to before.

Even so, I don’t think the thought that it was still nonsense would have gone away.

Yeah, I still know that. It’s a bit, no, a lot of a stretch.

Of course I added a little more.

“Furthermore, it doesn’t necessarily have to be used only as a kimchi robot. Wouldn’t it be okay if it were used as a different cooking robot depending on the season and situation?”

“Well, the change in thinking is good, but even so, due to the enormous development costs, the economic feasibility is bound to be zero.”

“okay.”

“But I will think about it. Starting with the kimchi robot, the subscription economy is not a bad idea. The key is whether the kimchi robot can do other things, and I can only hope that something comes out of the meeting.”

“Whatever comes out, I am willing to make additional investments.”

“Are you serious?”

“Of course. If I could just order the Kimjangyong robot, I would be willing to invest that amount of money.”

When asked to create a so-called personal robot, a smile appeared on Ryu Jeong-bae’s lips.

“Kimjang robots, subscription economy, and even on-demand robots. If it can be commercially utilized well, it seems like there is nothing that cannot be done.”

Conversely, if it can’t be used commercially, you can never start. That’s what it meant.

‘It doesn’t work?’

For some reason, I thought it was a good idea.

‘This time it was a waste of time.’

But a few days later, I heard news that this idea I had lightly suggested might become a reality.

(3)

Early in the morning, on my way to work, I received a call from Ryu Jeong-bae.

– hello?

“hello?”

– Sir, are you well? Hahaha.

You’re suddenly asking about my health? It’s only been a few days since we met.

‘There’s something else.’

That ‘something’ was probably related to the idea I had last time, the kimchi robot.

So I said it first.

“Shall I go that way?”

– Oh, it would be nice if you could come. Actually, I have something to tell you.

“Okay, then I’ll go right away.”

After hanging up the phone, I told Kwak Hyun-woo to step hard on the accelerator pedal.

Even so, it’s still a bit congested because it’s my commute to work.

In the end, I ended up hearing Kwak Hyun-woo’s perspective on the way there.

“You know? I consider you to be the Iron Mask of Korea.”

“Really? I didn’t know.”

“I’ve been thinking about this for a long time. You’ll be the one to make innovations that are on par with Tesla, Space Y, and others.”

“But? What are you trying to say?”

“It’s not a kimchi robot… … . How about a more impressive robot?”

“What about a great robot? A robot that can defend against alien invasions or dig mines? You mean something like that?”

“It’s similar. When I was young, I dreamed of a robot that could do something great, if not a robot warrior like ours, but I hoped that it would come out of your hands.”

“You don’t know much about it, but kimchi is amazing.”

“Ugh, yes.”

My child ignores kimchi.

I felt like I had no choice but to give him a long lecture.

“I know I can’t make a lot of money making kimchi. I might even lose money.”

“yes…….”

“But you know, I don’t think changing the world starts with robots like alien invasion robots or Terran SCVs. We have to start by fixing our daily lives.”

“Is that so?”

“Okay. What do you usually find most annoying?”

“Well, it’s like cooking and washing dishes.”

“Oh, that’s the complete opposite of what I like the most.”

“That’s strange, sir.”

“I get it.”

Fearing that the conversation would go off on another tangent, I quickly narrowed the topic.

“If there was a robot arm that could only cook and wash dishes, would you buy it?”

“It depends on the price.”

“How much do you want to buy?”

“Um, about 500 thousand won?”

“Okay, let’s try to release something like that for 499,000 won.”

“Huh? Really?”

“Okay. Then, you live.”

“Of course. If I can get away with cooking and washing dishes for that price.”

“That’s right, Inma. If I invest in developing a robotic arm that can solve your problems, I can achieve economies of scale for consumers like you.”

“yes…….”

The nuance that it is a little better than before comes out of Kwak Hyun-woo’s mouth.

‘Yeah, I didn’t mean for you to understand 100%.’

Changing your daily routine is never easy.

That’s where you have to start, as Kwak Hyun-woo said, to create a great robot.

(4)

“I think I was mistaken.”

After taking a sip of tea and hearing what was said, I waited for what he would say next.

Then Ryu Jeong-bae continues speaking.

“It seems like it’s been a while. It’s been a while since I discussed wearable robots with you, sir.”

Huh? You’re suddenly going to a wearable robot.

But it was stimulating my memory.

I had completely forgotten about it, too,

“That’s right. It’s a shame that it hasn’t been realized yet, even though we discussed it two years ago.”

“Yes, uh… … .”

Ryu Jeong-bae sighs here.

The sigh was filled with regret.

What he said while doing so.

“Actually, it’s been fully developed. With just a few minor improvements, it can be released. Right now.”

“I think you said something similar two years ago.”

“That’s why I feel ashamed. I felt the reality before the launch.”

“Economics. Right?”

“Yes, that’s right.”

Ryu Jeong-bae nodded, honestly admitting it.

His face was filled with regret and sorrow.

“Just before launch, executives were strongly opposed to it. They said that the demand base itself was weak, so how could we release it at a loss?”

“I understand. And what they say is true. They had no choice but to take a loss and put it out.”

“A similar thing was released around the same time, the exploration robot. The CEO strongly pushed for it.”

“That’s right. But I understand that it was released at a loss?”

“That’s right. But the CEO invested in it. The executives also considered it a good idea.”

Although an investment is not permanent, the exploration robot has confirmed fossil fuel reserves in the 7th mine and nearby hydrogen reserves.

Since that was all I had to do, I had no intention of withdrawing my investment.

‘And anyway, the money wasn’t mine, it was yours.’

Bang Jeong-hyeon was a person who was willing to spend money on the exploration of the 7th mine.

The effect that was revealed here was simple.

Innovation can only happen if we do something at the risk of loss.

“Time has passed since then, and now we have turned a profit with our exploration robots.”

“Huh? Really?”

“Yes, many coastal countries and companies started ordering from us, saying they wanted to know what was under their oceans. They said our company seemed to be making the most accurate exploration robots in the world.”

“haha…….”

I didn’t know this either. But as soon as I heard it, I thought I should push the kimchi robot even harder.

Why?

Progress can be made only by accepting deficits and innovating.

I think innovation can be faster, especially if it permeates our daily lives.