 So, ladies and gentlemen, very warm welcome to module 181, here I am going to discuss about the new knowledge and the economy. What new knowledge refers to? What is new knowledge? Is it a new knowledge mean the new ideas, the space or the Jupiter or something like this? No. What is new knowledge? It is what I am saying is the third party or outsourcing. How do you manage the economy with your minimal resources? How do you take the longest routes? How do you minimize the transportation? How do you give the best ideas? How do you give a product in a hundred ways? You used to joke about China in the past, but China used to make a product that you could not even buy in America. That is, such lens and such ideas were made, but you referred to it as two numbers of things. But those two numbers were not things, they were basically your cost-effective products, cost-efficient products. Wherever they reached, I saw in the nearest university that I saw the culture of China, that every person is happy because the same thing is equal to the rich and the poor in a low price. So this is what the new knowledge is. This is the life of a human being and the right to be happy in this life. And the right to be happy will have to be taken by yourself. And I will also tell you here that you cannot put this on the table. That God does not want anything like this, especially God. You have to use your knowledge, you have to improve your trends. You do not take anything that gives you an idea and it will give you a good opportunity. Now look ahead. Recognizing the importance of knowledge industry meshed up in 1962 conducted study to measure the knowledge reduction and distribution in USA. Before him, the economists were concerned about the scientific knowledge at all in the form of R&D. You must have seen it. Our time has passed on research and development. And in research and development, we have seen the efficiency and effectiveness of the product. We have seen the cost of the product. How much labor is required, how much is its minimization, how much is the company's profit, how much is its return on investment. But this is never thought about gross domestic happiness. You should have such products that are going into the masses. And how do you reach the masses by costing them transportation? Now let's talk about one is the scientific knowledge. One is the social knowledge. Social behavior is the subject. You see, gross domestic happiness is the subject of social behavior and social sciences. But in this whole century, I have seen that from the 200-300 years that the scientific study has made such a big mistake that you have forgotten the social behaviors. Then there is such a big gap in you that it has become rich, rich, poor, poor. And the fight between have and have nots has begun. You see a few products, they say that this is a product of the rich. It is not of the poor. And it is actual. Now you see how we have to do it. I am sharing this detail with you. My subject is not that I will keep the case ready with you from the USA. I have to cover the whole world. And we go towards a new direction. And these emotions that we have here, which are freelancing, we will go towards freelancing, we will leave the organization setup, behavior, attitude, norms, all these ethical realities are getting removed. And there is a big gap. And you see a strange little boy, that he is walking and everybody by own. Everybody by own is good. But if you go so far, you will forget the structures. He introduced the magazine of knowledge as broader concept that includes R&D, education, information, communication, and prompted keen interest in the knowledge by economists. So this is very much important. Look, the idea of an economist, for example, if I have to give you something relief, then how much will it increase in my treasure? If I have to give you something of an incentive, then I can take the incentive with me. If I have given you your incentive this time, for example, your salary is 15,000. I told you once that instead of 15,000, you got the incentive. Next month you will get 15,000 and then 12,000. So you will be demoralized. That means you are not consistent. So freelancing and many other types of behavior such as entrepreneurs think that nothing like this will work. Consistency, structure, cost, human resource, human development, human idea, consistency, persistence. Go ahead. Then it is including this industry, even in those traditional industries, successful companies are those who have transformed their value chain process by adopting advanced technologies. One, it is very much important to have the advanced technology. Second, it is redundant. Take it as redundant. The important thing is that when the world leaves things, you try to catch them, then you come with a new idea. You don't think that it is cheap. In a time, it was very expensive. If you are getting it cheap, then pick it up. Brother, it cannot be like that. Because at that time, there was a whole perspective. If you pick up a failed thing with a perspective, then it will leave. But if you pick it up without a perspective, then it will remain redundant. So, need to understand. For example, consider Google with its superior search engine algorithm which gave it a head start that became the competitor of the NASA, IBM. So, you must have seen all of this. Not just one idea but one competitive algorithm has supported many ideas. Who used to think of NASA, IBM? But one software base made the whole structure. Look at its hybrid structures, its collaboration. Look at it in red hat and yellow hat. So, if you look at all of this analytically, then the whole speed of services and production is effectively and efficiently. So, this is how the new knowledge and the economy works. Thank you very much.