WEBVTT - Robots That Set Themselves Apart, Introducing Gen-Z to Social Impact

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio news.

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<v Speaker 2>This is Bloomberg BusinessWeek inside from the reporters and editors

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<v Speaker 2>who bring you America's most trusted business magazine, plus global business,

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<v Speaker 2>finance and tech news as it happened. Bloomberg Business Week

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<v Speaker 2>with Carol Messer and Tim Steneveek on Bloomberg Radio.

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<v Speaker 3>It is a Bloomberg Business Week, that is Carol.

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<v Speaker 4>Masser, I am you are, Tim Steneveek.

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<v Speaker 3>I think you don't know what man flu is.

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<v Speaker 4>Don't even go there. I'm not even going to do it,

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<v Speaker 4>all right, Listen. We spoke earlier with Accentures carollly close

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<v Speaker 4>about how AI and other tech will affect the workforce.

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<v Speaker 4>But I really think about robotics robots in particular, they're

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<v Speaker 4>going to.

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<v Speaker 3>Affect that because the big question is, you know, what

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<v Speaker 3>about actual robots affecting the workforce?

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<v Speaker 2>Yeah?

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<v Speaker 5>What if I were a robot doing this? Yeah? Just

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<v Speaker 5>a disembodied voice. Well, rich Tech.

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<v Speaker 3>Robotics lug you occasionally rich Tex Robotics as you wish.

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<v Speaker 3>It's a publicly traded company that builds robots that clean,

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<v Speaker 3>They make deliveries, They help with food and beverage preparation,

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<v Speaker 3>and more. Clients include Hilton FedEx, Nike, and the Boston

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<v Speaker 3>Red Sox. And we're also told, Carol, the robots are

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<v Speaker 3>even friendly.

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<v Speaker 4>I gotta tell you, Matt, we've been excited to get

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<v Speaker 4>to you and talk to you. Matt Cassella is president

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<v Speaker 4>of rich Tech Robotics. He joins us from Newport Beach, California. Matt,

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<v Speaker 4>it is really nice to have you here with us.

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<v Speaker 4>Tell us about your company, the type of robots that

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<v Speaker 4>you're seeing, and how AI might be changing, the type

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<v Speaker 4>of robots in the future that you're going to be

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<v Speaker 4>involved in.

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<v Speaker 6>Absolutely, thank you, Thank you very much for having me

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<v Speaker 6>on today, Carol and Tim. First of all, I should

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<v Speaker 6>probably say that robots do not get the man flu.

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<v Speaker 7>All right, all right, enough nice among many others.

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<v Speaker 6>No, we're really excited at rich Tech Robotics because we

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<v Speaker 6>are a hospitality and service sector focused robotics in AI company.

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<v Speaker 7>And what that really means.

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<v Speaker 6>Is that our products, through a few different lines that

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<v Speaker 6>we have, are the robots that really are going to

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<v Speaker 6>be interacting with the general public. Right They're robots that

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<v Speaker 6>people are going to see whether they walk into a

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<v Speaker 6>coffee shop. Our barista robot Adam, which is a dual

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<v Speaker 6>armed AI enabled robot.

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<v Speaker 7>Could be serving them coffee.

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<v Speaker 6>We have a variety of different on site delivery robots

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<v Speaker 6>from our Matre D that would be available in restaurants,

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<v Speaker 6>would be carrying the food from the kitchen to the

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<v Speaker 6>dining room, or medbot which might be carrying pharmaceuticals from

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<v Speaker 6>an on site pharmacy at a hospital up to the

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<v Speaker 6>nursing stations throughout the facility, all the way through to

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<v Speaker 6>our various cleaning products. So we're really excited about what's

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<v Speaker 6>to come.

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<v Speaker 4>We just saw the coffee serving robot. I am wondering.

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<v Speaker 4>Rian Nichol is now at Starbucks. He was very good

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<v Speaker 4>about automating some stuff over at Chippotlan's cardline company Autoco.

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<v Speaker 5>Know.

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<v Speaker 4>Are you guys talk I mean, I am wondering how

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<v Speaker 4>because they talk about just the mobile ordering and it's

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<v Speaker 4>just a lot of ordering and it's hard for the

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<v Speaker 4>baristas to keep up with it. Is Are you guys

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<v Speaker 4>talking with Starbucks about helping them out?

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<v Speaker 7>You know, I can't.

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<v Speaker 6>I can't talk about any specific conversations that we're having,

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<v Speaker 6>but we are very excited about continuing to explore some

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<v Speaker 6>some paths into the coffee world right through a couple

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<v Speaker 6>of a couple of different ways. And what you touched

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<v Speaker 6>on there I think.

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<v Speaker 4>Is so Starbucks, Joe's coffee, Starbucks.

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<v Speaker 7>Well, we'll find you, know what, Carol.

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<v Speaker 6>I promise we'll find a coffee vendor near you so

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<v Speaker 6>that we can put a robot as close to you

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<v Speaker 6>as possible.

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<v Speaker 3>I will say, Matt, they're building an office for Brian

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<v Speaker 3>Nicol and Newport Beach, so he won't be far from

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<v Speaker 3>you if you do need to talk to him anyway.

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<v Speaker 4>Have you driven there lately?

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<v Speaker 5>He's there right now?

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<v Speaker 4>Have you emailed lately with him?

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<v Speaker 5>Matt?

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<v Speaker 3>Are consumers ready for this though? Are they ready to

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<v Speaker 3>walk in somewhere and see a robot doing this? I mean,

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<v Speaker 3>I think, Carol, you and I were out in l

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<v Speaker 3>a year ago. I went to Newport No. I went

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<v Speaker 3>to Santa Monica and they have these little delivery robots

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<v Speaker 3>and I'm.

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<v Speaker 5>Like, this is kind of nuts. Yeah, on the sidewalk.

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<v Speaker 7>Yeah, I believe.

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<v Speaker 6>I really believe the consumer. The consumer is and it's

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<v Speaker 6>it's because people are seeing them more and more throughout

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<v Speaker 6>their lives. As you just pointed to, it's it's now,

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<v Speaker 6>it's it's more common than not that when I'm talking

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<v Speaker 6>with somebody they're referencing a robot that they've seen out

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<v Speaker 6>out in the world.

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<v Speaker 7>Right, So I really believe people are working for it.

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<v Speaker 6>I think I want to go back to what Carol

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<v Speaker 6>touched on earlier, that the ways in which we interact

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<v Speaker 6>with food specifically, and how we order food and get

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<v Speaker 6>our food, whether it's beverages like coffee or or your

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<v Speaker 6>happy meal at McDonald's, right, all of those things are

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<v Speaker 6>happening in different ways. We're ordering from our phone, we're

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<v Speaker 6>ordering from a screen, and so what what really only

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<v Speaker 6>matters is that we get our food hot, we get

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<v Speaker 6>our food consistent, the taste is delicious. Those are the

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<v Speaker 6>characteristics really that people are focused on specifically when talking

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<v Speaker 6>about food. So for me, I think it's really easy

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<v Speaker 6>to understand that robotics and automation really can help with

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<v Speaker 6>a lot of those things that are critical in the

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<v Speaker 6>dining experience.

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<v Speaker 3>Matt, let's talk to BIZ because we have an investing audience.

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<v Speaker 3>Whenever we have company CEOs come on, people want to

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<v Speaker 3>hear about what's going on with the stock price.

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<v Speaker 5>We're Bloomberg.

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<v Speaker 3>We'd be remiss if we didn't ask about what's going

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<v Speaker 3>on with your stock price shares down more than eighty

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<v Speaker 3>percent so far this year. What, in your view is

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<v Speaker 3>the market missing what's going on?

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<v Speaker 6>Yeah, I think it's the enormous opportunity that we have

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<v Speaker 6>in front of us. I think, you know what you've seen,

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<v Speaker 6>this is not an uncommon occurrence. Right, stocks are subject

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<v Speaker 6>to the whims of the public market. So what we

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<v Speaker 6>need to continue to do is tell our story about

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<v Speaker 6>how powerful this opportunity in front of us is. The

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<v Speaker 6>customers that we're engaging, the client the partnerships that we're

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<v Speaker 6>forming both with end users and with suppliers.

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<v Speaker 7>Right.

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<v Speaker 6>So, as the big elephant in the room, right as Nvidia,

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<v Speaker 6>we use a number of their products within our robots

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<v Speaker 6>to help, you know, to help bring that AI to life, right,

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<v Speaker 6>which which is which is a critical thing. Everybody's talking

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<v Speaker 6>about AI and the power behind it, And I think

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<v Speaker 6>that that comes in a couple of different ways, you know,

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<v Speaker 6>for us, really it's how that AI will help the

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<v Speaker 6>customer interaction, the food production, et cetera. But also comes

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<v Speaker 6>on how we're able to train robots so much quicker

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<v Speaker 6>for any type of environment and really be able to

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<v Speaker 6>get them, you know, trained to operate in new and

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<v Speaker 6>dynamic ways.

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<v Speaker 4>So what moves the needle that you think gets investors

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<v Speaker 4>more excited about the company because.

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<v Speaker 7>You know how it works.

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<v Speaker 4>I mean, you're you know, we've said this before with

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<v Speaker 4>companies that are really small. I mean, we don't do

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<v Speaker 4>a lot of venture conversations here too, of startups, but

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<v Speaker 4>you know, it's a buck of share. It's not the

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<v Speaker 4>typical conversation we have. So how do you get investors

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<v Speaker 4>ex I mean, what's the potential here?

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<v Speaker 7>You know, the potential is continuing to fill these pipelines

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<v Speaker 7>that we're that we're actively you know, growing right, and

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<v Speaker 7>and I think the the important thing to remember is

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<v Speaker 7>that we're still really at the infancy.

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<v Speaker 6>I touched on the idea that you know, people are

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<v Speaker 6>starting to see robots out in the wild, but it's

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<v Speaker 6>still we're still really really.

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<v Speaker 7>Early in this game.

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<v Speaker 6>And so for us, these are really really sticky sales.

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<v Speaker 6>Right when we can start to build a relationship and

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<v Speaker 6>build a partnership with our clients, Uh, they're going to

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<v Speaker 6>become clients for a long time, right, It's not going

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<v Speaker 6>to be a one time sick. We're really positioning ourselves.

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<v Speaker 6>And I was listening a little bit to your early conversation,

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<v Speaker 6>and you touched on recurring revenue, right, we are we

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<v Speaker 6>are building our business to be a robot as a

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<v Speaker 6>service business, right because that's why that's going to give

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<v Speaker 6>our customers the confidence to partner with us that their

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<v Speaker 6>robots will be will be there working for them well

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<v Speaker 6>into the future, right, and that will continue to show

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<v Speaker 6>us that smooth recurring revenue that investors will you know,

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<v Speaker 6>all right, very a track.

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<v Speaker 4>Well, look forward to checking in with you in the future. Macsella,

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<v Speaker 4>he's president of rich Tech Robotics.

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<v Speaker 5>This is Bloomberg, Okay, Carol.

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<v Speaker 3>Since the twenty twenty two mid terms, about eight million

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<v Speaker 3>members of gen z have joined the electorate. It's a

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<v Speaker 3>demographic shift that's quote unprecedented. This is according to Henry Elkis,

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<v Speaker 3>the founder and CEO of Helena. It's a nonprofit group.

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<v Speaker 3>It recently helps support a study from the Stanford Deliberative

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<v Speaker 3>Democracy Lab that our team at Bloomberg News wrote about.

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<v Speaker 3>And by twenty twenty eight, this voting cohort is going

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<v Speaker 3>to make up nearly twenty five percent of the electorate,

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<v Speaker 3>meaning their voices on social and political issues could have

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<v Speaker 3>a real impact on election outcomes.

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<v Speaker 4>All right, so listen up. Gen Z is right there

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<v Speaker 4>and soon they are going to be powerful to help

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<v Speaker 4>us understand the shift. Let's bring in Aaron Llewellyn. She

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<v Speaker 4>is the CEO of Tilting Futures. It's a nonprofit that

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<v Speaker 4>sends students. This is really cool. I kind of wish

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<v Speaker 4>I was a student doing this on a three to

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<v Speaker 4>four month overseas trips during gap years or even during college.

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<v Speaker 4>Joins us right now from Oakland, California. Aeron, Great to

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<v Speaker 4>have you here on Bloomberg Business Week. Tell us little

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<v Speaker 4>bit more about Tilting Futures, how it came to be,

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<v Speaker 4>and what's the mission in terms of working with these

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<v Speaker 4>students and sending them overseas.

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<v Speaker 1>Yes, I'm happy to thanks for having me so at

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<v Speaker 1>Social Futures, our north star is really about equipping young

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<v Speaker 1>people from all over the world with the skills they

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<v Speaker 1>need to create meaningful social impact. And we've served thousands

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<v Speaker 1>of young people from about one hundred different countries. And

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<v Speaker 1>the way we do this is we believe in experiential education,

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<v Speaker 1>and we select a group of young people ages seventeen

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<v Speaker 1>to twenty one, bring them together either to South Africa

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<v Speaker 1>or Malaysia, and they spend several months together, living together

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<v Speaker 1>in a global community, learning from social impact leaders in

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<v Speaker 1>one of our two current theme areas, which are not

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<v Speaker 1>going to be surprising, climate and human rights, something gen

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<v Speaker 1>Z cares very deeply about, and they do an apprenticeship

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<v Speaker 1>with local leaders working in either of these two themes,

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<v Speaker 1>really learning about how does social impact happen, what are

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<v Speaker 1>my pathways for social impact? And then we wrap that

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<v Speaker 1>entire experience with a curriculum that helps them kind of

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<v Speaker 1>maximize the meaning out of the experience.

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<v Speaker 3>Aaron, do you think the sample of students who go

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<v Speaker 3>on these incredible trips, I mean, these sounds awesome, awesome

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<v Speaker 3>do you think, but do you think they're representative of

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<v Speaker 3>the wider population? Because my thought, my first thought is,

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<v Speaker 3>you know, somebody who seeks this out, you know, might

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<v Speaker 3>have a bias toward those qualities that you bring up.

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<v Speaker 1>Yeah, that's a really good point. And I will say

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<v Speaker 1>that we launched this new program with these themes and

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<v Speaker 1>this really rooted and experiential learning learning from leaders doing

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<v Speaker 1>social impact about a year ago, and the demand has

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<v Speaker 1>been something we've never seen before. So I think that's

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<v Speaker 1>a little nugget of information in there. So we've had

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<v Speaker 1>seventeen thousand young people apply in one year for this

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<v Speaker 1>program and we just launched it. The organization's been around

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<v Speaker 1>a while, but this is new and we've never had

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<v Speaker 1>demand like that. And I think that speaks to seventeen thousand.

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<v Speaker 1>I mean we served next year, we'll serve two hundred

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<v Speaker 1>a year. We are doubling in size because we've got

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<v Speaker 1>to figure out a way to get these kids off

0:11:35.480 --> 0:11:35.880
<v Speaker 1>the wait list.

0:11:35.960 --> 0:11:38.600
<v Speaker 3>So you're harder to get into than the hardest colleges

0:11:38.640 --> 0:11:39.439
<v Speaker 3>and universities.

0:11:40.000 --> 0:11:43.840
<v Speaker 1>I mean, we don't that's not something we're trying to

0:11:43.880 --> 0:11:46.280
<v Speaker 1>grow so that we can meet demand. We don't want

0:11:46.320 --> 0:11:49.199
<v Speaker 1>to be elite and you know, sort of hard to

0:11:49.240 --> 0:11:52.240
<v Speaker 1>get into because we want to tap this spirit that

0:11:52.280 --> 0:11:53.080
<v Speaker 1>we see in gen Z.

0:11:53.320 --> 0:11:55.000
<v Speaker 4>Can I ask you something, Why are you doing it?

0:11:56.760 --> 0:11:59.600
<v Speaker 1>Yeah? I think we're doing it because I think there's

0:11:59.720 --> 0:12:02.600
<v Speaker 1>a there's a gap in between skills. So there's a

0:12:02.640 --> 0:12:05.600
<v Speaker 1>gap of skills as it relates to what the future

0:12:05.640 --> 0:12:08.680
<v Speaker 1>of work is going to require and what is being

0:12:08.720 --> 0:12:12.520
<v Speaker 1>taught right now in a classroom, and we can bridge

0:12:12.520 --> 0:12:16.200
<v Speaker 1>that by bringing together communities that are very different than

0:12:16.320 --> 0:12:19.480
<v Speaker 1>each other. They can be in dialogue with each other

0:12:19.559 --> 0:12:22.920
<v Speaker 1>that when they don't agree for long enough to understand

0:12:22.960 --> 0:12:27.000
<v Speaker 1>each other, they can do creative problem solving in ways

0:12:27.040 --> 0:12:29.880
<v Speaker 1>that we don't typically see right now, a lot of

0:12:29.880 --> 0:12:33.440
<v Speaker 1>times we're not seeing they think. We teach systems thinking,

0:12:33.520 --> 0:12:37.480
<v Speaker 1>so they're understanding how systems work together or don't work

0:12:37.559 --> 0:12:39.600
<v Speaker 1>well to then think about how to get to the

0:12:39.679 --> 0:12:43.280
<v Speaker 1>root of some of our challenges and why not take

0:12:43.400 --> 0:12:47.240
<v Speaker 1>this appetite that gen Z has and give them the

0:12:47.320 --> 0:12:50.800
<v Speaker 1>foundational skills to them go be able to realize the

0:12:51.840 --> 0:12:53.040
<v Speaker 1>solutions that we need.

0:12:53.080 --> 0:12:55.080
<v Speaker 4>Before we pivot. I want to ask you, though, having

0:12:55.080 --> 0:12:56.760
<v Speaker 4>said what you just said, well, then maybe we need

0:12:56.800 --> 0:13:00.960
<v Speaker 4>to change education, whether it's high school, whether it's college,

0:13:01.160 --> 0:13:04.240
<v Speaker 4>and maybe we need to rethink about I mean, you

0:13:04.280 --> 0:13:07.360
<v Speaker 4>know what I'm saying, Like, if we're creating graduates who

0:13:07.400 --> 0:13:12.840
<v Speaker 4>spend all this money on an education, especially at the

0:13:12.840 --> 0:13:15.840
<v Speaker 4>college level, and yet, as you say, there's things that

0:13:15.880 --> 0:13:20.640
<v Speaker 4>are missing that are kind of real life experiences and

0:13:20.720 --> 0:13:24.640
<v Speaker 4>kind of getting along, then maybe we've got a bigger problem.

0:13:25.240 --> 0:13:28.680
<v Speaker 1>I mean, I would say that there is a need

0:13:28.760 --> 0:13:32.120
<v Speaker 1>for higher education. The academic components of higher education are

0:13:32.240 --> 0:13:35.040
<v Speaker 1>necessary to create an educated society, but.

0:13:35.000 --> 0:13:37.480
<v Speaker 4>I'm just saying pulling something of what you guys are doing.

0:13:37.520 --> 0:13:39.720
<v Speaker 4>And you know, it's not just the year abroad to

0:13:39.840 --> 0:13:42.800
<v Speaker 4>go to Paris and Equissants and learn you know, use

0:13:43.280 --> 0:13:47.160
<v Speaker 4>which cool. But I'm just saying something that's a little

0:13:47.200 --> 0:13:50.679
<v Speaker 4>bit more productive and giving you some real life skills.

0:13:51.320 --> 0:13:54.520
<v Speaker 1>I completely agree, and that is where we're headed. We

0:13:54.559 --> 0:13:56.720
<v Speaker 1>are working with colleges right now to try to figure

0:13:56.760 --> 0:13:59.040
<v Speaker 1>out how do we embed something like this in the

0:13:59.080 --> 0:14:04.080
<v Speaker 1>higher education pathway because study abroad is it's exactly what

0:14:04.080 --> 0:14:07.720
<v Speaker 1>you said said, it's really a missed opportunity and there

0:14:07.840 --> 0:14:12.920
<v Speaker 1>is a way to embed experience and community with people

0:14:13.000 --> 0:14:16.520
<v Speaker 1>from very different cultures. That opens your perspective to what's

0:14:16.559 --> 0:14:19.760
<v Speaker 1>possible that could be embedded in a higher education pathway

0:14:19.800 --> 0:14:21.640
<v Speaker 1>and should be Aaron, do you.

0:14:21.560 --> 0:14:22.720
<v Speaker 5>See this at a time.

0:14:24.480 --> 0:14:27.040
<v Speaker 3>Like the backdrop of what's going on in the US

0:14:27.160 --> 0:14:29.760
<v Speaker 3>right now and sort of a shifting view on America's

0:14:29.840 --> 0:14:33.680
<v Speaker 3>role in the world is sort of move to isolationism

0:14:33.720 --> 0:14:37.840
<v Speaker 3>that we're seeing from many members of Congress, this idea

0:14:38.000 --> 0:14:40.720
<v Speaker 3>of the definition of America. How do you see that

0:14:40.720 --> 0:14:43.200
<v Speaker 3>playing into what you're doing at the program?

0:14:44.200 --> 0:14:46.280
<v Speaker 1>Yeah, thanks for asking that, because I think about that

0:14:46.760 --> 0:14:50.160
<v Speaker 1>almost every single day, and that's not just happening in

0:14:50.160 --> 0:14:53.600
<v Speaker 1>the US. That's happening actually globally in many different ways.

0:14:54.040 --> 0:14:57.720
<v Speaker 1>And I think it's hard to have that viewpoint when

0:14:58.520 --> 0:15:01.200
<v Speaker 1>you have had a form a of experience on the

0:15:01.240 --> 0:15:05.600
<v Speaker 1>cusp of adulthood, before you've understood your identity, but while

0:15:05.640 --> 0:15:08.760
<v Speaker 1>you're still forming it, and you've had an experience in

0:15:08.800 --> 0:15:12.200
<v Speaker 1>a global community that made you understand that our challenges

0:15:12.240 --> 0:15:16.240
<v Speaker 1>are similar, our approach to solutions will have similarities, they

0:15:16.240 --> 0:15:22.400
<v Speaker 1>will have differences, our human needs are similar, and actually

0:15:22.440 --> 0:15:27.520
<v Speaker 1>our problems our global in nature. Our biggest problems need

0:15:27.560 --> 0:15:30.120
<v Speaker 1>to be solved at the scale of the globe. And

0:15:30.200 --> 0:15:34.080
<v Speaker 1>so to go and focus fully inward, I don't think

0:15:34.080 --> 0:15:36.880
<v Speaker 1>you can do that when you've had an experience that's

0:15:36.880 --> 0:15:41.080
<v Speaker 1>exposed you to the connections of what we're all experiencing

0:15:41.160 --> 0:15:41.560
<v Speaker 1>right now.

0:15:41.960 --> 0:15:42.200
<v Speaker 5>Yeah.

0:15:42.280 --> 0:15:45.560
<v Speaker 4>No, it's a super super important point, especially as we

0:15:45.600 --> 0:15:49.560
<v Speaker 4>are facing elections here in the United States, and I

0:15:49.560 --> 0:15:51.320
<v Speaker 4>feel like over the last couple of years, we've seen

0:15:51.320 --> 0:15:55.560
<v Speaker 4>this pushback on globalization or you know, populism if you will,

0:15:55.720 --> 0:15:59.080
<v Speaker 4>you know, in nations around the globe. Having said that,

0:15:59.520 --> 0:16:02.040
<v Speaker 4>I think there's sometimes that people think a younger generation

0:16:02.160 --> 0:16:04.440
<v Speaker 4>or Gen Z ors. You know, they're checked out, they

0:16:04.440 --> 0:16:08.360
<v Speaker 4>don't care, they're lazy, like there's there's some you know,

0:16:08.840 --> 0:16:13.560
<v Speaker 4>but they can vote. So hah, how should we be

0:16:14.120 --> 0:16:15.960
<v Speaker 4>I don't know, thinking about them and some of the

0:16:16.000 --> 0:16:19.080
<v Speaker 4>stereotypes perhaps that are labeled on this group.

0:16:20.120 --> 0:16:23.040
<v Speaker 1>Yeah, so the nihilism checked out, I just I don't

0:16:23.040 --> 0:16:26.400
<v Speaker 1>buy it, And the research doesn't prove this out. So

0:16:26.640 --> 0:16:28.920
<v Speaker 1>mckenzy just published something that speaks to this, I think

0:16:29.000 --> 0:16:31.440
<v Speaker 1>so well. And this is in the workplace, but I

0:16:31.480 --> 0:16:35.640
<v Speaker 1>think it translates into voting and into their lives generally.

0:16:35.760 --> 0:16:39.520
<v Speaker 1>But they're entering the workplace. Remember gen Z isn't yet thirty,

0:16:39.800 --> 0:16:43.000
<v Speaker 1>so they're still very junior in the workplace right now.

0:16:43.800 --> 0:16:46.600
<v Speaker 1>But what they're demanding are three things. This is what

0:16:46.640 --> 0:16:52.160
<v Speaker 1>this study found. Purpose and accountability opportunities for people who

0:16:52.320 --> 0:16:56.760
<v Speaker 1>are from underrepresented backgrounds and for people who come from

0:16:57.440 --> 0:17:00.520
<v Speaker 1>diverse backgrounds, whatever that may be in the context. And

0:17:00.560 --> 0:17:06.359
<v Speaker 1>then they want a rigorous commitment to sustainable business practices.

0:17:07.040 --> 0:17:10.240
<v Speaker 1>And for me, the report said that gen Z is

0:17:10.280 --> 0:17:15.639
<v Speaker 1>doing this more than any generation before it, and that's

0:17:15.680 --> 0:17:19.080
<v Speaker 1>not checked out. That's actually the opposite of checked out.

0:17:19.280 --> 0:17:22.560
<v Speaker 1>And it's really holding us to a higher standard. And

0:17:22.640 --> 0:17:24.480
<v Speaker 1>I think that's going to apply to this election too.

0:17:25.119 --> 0:17:27.960
<v Speaker 1>They have a higher standard and I appreciate it, and

0:17:28.320 --> 0:17:29.600
<v Speaker 1>I hope I can live up to it.

0:17:30.119 --> 0:17:32.280
<v Speaker 3>Andarin one thing that I wanted to ask about is

0:17:32.320 --> 0:17:35.600
<v Speaker 3>the cost of these programs. Looking at the website, it

0:17:35.640 --> 0:17:38.920
<v Speaker 3>looks like at least one of the programs is twenty

0:17:38.960 --> 0:17:39.720
<v Speaker 3>one thousand dollars.

0:17:39.760 --> 0:17:40.560
<v Speaker 5>Am I getting that right?

0:17:42.119 --> 0:17:42.320
<v Speaker 7>Yeah?

0:17:42.359 --> 0:17:45.560
<v Speaker 1>That is the tuition price if you qualify to be

0:17:45.600 --> 0:17:46.920
<v Speaker 1>a full pay student.

0:17:46.880 --> 0:17:49.360
<v Speaker 3>And what portion you do have a couple different financial

0:17:49.359 --> 0:17:51.440
<v Speaker 3>aid options. Tell us a little bit about that, and

0:17:51.720 --> 0:17:54.480
<v Speaker 3>sort of like how you're able to get students I

0:17:54.520 --> 0:17:56.840
<v Speaker 3>don't want to call them kids, but how you're able

0:17:56.840 --> 0:18:00.159
<v Speaker 3>to get people who don't come from families that are

0:18:00.200 --> 0:18:03.160
<v Speaker 3>incredibly wealthy and able to afford intuition.

0:18:02.800 --> 0:18:03.199
<v Speaker 5>Such as this.

0:18:04.440 --> 0:18:07.640
<v Speaker 1>Absolutely, I'm very proud of this. But we are philanthropically

0:18:07.720 --> 0:18:10.760
<v Speaker 1>funded by people who believe in this mission, and what

0:18:10.800 --> 0:18:13.879
<v Speaker 1>they believe at their core is that this type of

0:18:13.920 --> 0:18:19.119
<v Speaker 1>opportunity and learning experience is transformative, and our supporters and

0:18:19.160 --> 0:18:22.080
<v Speaker 1>donors know that, and what they believe is that it

0:18:22.080 --> 0:18:25.959
<v Speaker 1>shouldn't be reserved for the few, So about we have

0:18:26.000 --> 0:18:30.320
<v Speaker 1>a mix, and we curate our classes and they are

0:18:30.840 --> 0:18:35.000
<v Speaker 1>from the economic They really run the economic spectrum. So

0:18:35.080 --> 0:18:38.640
<v Speaker 1>about seventy five percent of our young people are on

0:18:38.720 --> 0:18:42.840
<v Speaker 1>some type of financial aid, about twenty percent of them

0:18:42.960 --> 0:18:46.840
<v Speaker 1>are on a full scholarship, and about you know, and

0:18:46.880 --> 0:18:50.240
<v Speaker 1>then there's then they really run the twenty one thousand

0:18:50.320 --> 0:18:53.720
<v Speaker 1>all the way down to full scholarship. So that's something

0:18:53.720 --> 0:18:55.320
<v Speaker 1>that we're proud of. And we have a mix. We

0:18:55.840 --> 0:18:57.640
<v Speaker 1>need young people who can afford to pay for this

0:18:58.040 --> 0:19:01.440
<v Speaker 1>to be going through these programs and having an experience

0:19:01.480 --> 0:19:04.399
<v Speaker 1>that changes their mind and changes their perspective on the

0:19:04.400 --> 0:19:06.959
<v Speaker 1>world and what they're capable of in the world, just

0:19:07.000 --> 0:19:09.800
<v Speaker 1>like we need young people from a background where this

0:19:09.840 --> 0:19:15.480
<v Speaker 1>would be unattainable without assistance, having the same transformational background,

0:19:15.520 --> 0:19:17.520
<v Speaker 1>and that's a big piece of our mission.

0:19:17.920 --> 0:19:19.760
<v Speaker 4>He certainly gave us a lot to think about. Aaron,

0:19:19.840 --> 0:19:22.640
<v Speaker 4>thank you so much for stopping by. Aaron Lewellen. She's

0:19:22.640 --> 0:19:27.320
<v Speaker 4>the CEO of Tilting Futures, joining us from Oakland, California.

0:19:27.400 --> 0:19:28.880
<v Speaker 4>So interesting stuff.

0:19:29.200 --> 0:19:30.000
<v Speaker 5>Really cool stuff.

0:19:31.200 --> 0:19:33.840
<v Speaker 3>Programs like this, we're not really on my radar. Really.

0:19:34.200 --> 0:19:36.200
<v Speaker 5>Yeah, I didn't do a gap year, did you definitely

0:19:36.200 --> 0:19:38.679
<v Speaker 5>regret doing a year I did. Yeah, I did. I

0:19:38.720 --> 0:19:39.800
<v Speaker 5>did a semester abroad.

0:19:39.840 --> 0:19:41.680
<v Speaker 4>I think everybody should do back years. I think it's

0:19:41.680 --> 0:19:43.280
<v Speaker 4>a good thing, like like, get out there.

0:19:43.440 --> 0:19:46.560
<v Speaker 5>My brother did. They're very jealous, right, this is good