 Kuala organe is foresight and great as one of the pioneers of this growing and important economic and commercial phenomenon, has demonstrated this sort of drive that I'm sure many across the room here have but which is so important in the way that our future as a nation, our future as a commercial community will be defined. I've had an opportunity to collaborate with Kuala on several other issues and I'm extremely pleased to say that he is someone who sees things too and I've also had an opportunity to collaborate with a few of the entrepreneurs here, especially those who have set up co-working spaces. I'm very, very happy to say that there are individuals who will ensure that this is not just a clash of the palm but it continues as a phenomenon that it is. I want to emphasise that this is an economic and social phenomenon and I say that carefully. The most profound idea of the industrial revolution was probably the concept of division of labour and I'm sure practically all of us are familiar with that concept. The expression was first used by Adam Smith in his classic The World of Nations. Adam Smith was convinced that the quality and quantity of work carried out by any workforce organised along the principles of division of labour was infinitely superior to work done by non divided labour and he said famously, I'll quote him, the greatest improvement in the productive powers of labour and the greater part of the scale, dexterity and judgment with which it is anywhere directed seemed to have been the effects of division of labour. What Adam Smith was in fact saying was that division of labour was really the greatest phenomenon in the industrial revolution and that it led to the most efficient work, it led to the quantum leap in terms of progress. If division of labour defined the productive genius of the industrial revolution and since then the very concept of co-creation must be the defining idea of work where we work, how we work in the knowledge economy and indeed the fourth industrial revolution. The point I'm making is that in the period the 19th and 20th century division of labour was what defined progress, was what defined that whole revolution. In this age of the knowledge economy it is co-working and co-creation that will define the way we work, that will define progress, that will define output. But let us first understand that the deconstruction of the conventional work environment, important as it is, is the least profound of the implications of co-working. In other words, it may have felt that we are sharing working space, as several people are sharing working spaces, that is the least profound of the effects of co-working and co-creation. It is profound, but it is the least profound. The most significant dimension is the redefinition of how creativity and innovation is birthed. In other words, how do we today, how can we become more creative and innovative, co-working is what is going to define the new creativity and innovation today. So it is no longer, it is no longer the lone wolf or the outlier. And you know, creativity before now, somebody invented something. Even a couple of years down the road, the likes of Bill Gates were still lone wolves or outliers working from their carriages. And same as even, same as even Mark Zuckerberg, these were still the lone wolf outlier types. But they were working in an environment which was changing very quickly, and which they have also changed very quickly. So we are no longer looking at the age of the lone wolf or the isolated inventor, but collaborating innovation where ideas are shared and developed and refined collaborating. So co-creation is also the process by which groups of people from across boundaries come together with a shared purpose to create value through improving or developing services and products. It is by far the game-changing idea of the knowledge economy. It's bound to fundamentally affect how we work. The working spaces will be liberated, not perspective, allowing for flexibility not just in working hours, but in the modes that we work. But more importantly, it will allow for collaboration, co-innovation, co-viling creation. It emphasizes the power in the interdependence and cross-pollination of ideas, not as an inadvertent occurrence, not as an accident. But as a currency, as a way of creating, as a way of marketing, as a way of selling value. We must prepare for the creative disruption of this phenomenon. It already defined how we teach in our schools, how the student learns, and to some extent the content of learning in schools. The truth of the matter is that the knowledge economy is bound to change practically everything. Co-working is bound to change everything. It's bound to change how we learn, how we work. Schools before now, the way we taught in our schools before now, was by individual competition. I would be better than the next person in a classroom full of 20. Or the classrooms of the future of the classrooms where collaboration is the key. Where people will be working together, where young students will be working together to achieve objectives and achieve ideas. And that is already playing out in the way that curricula is defined in various parts of the world today. As a teacher, I am completely fascinated by the new way of thinking. I taught for many years as a law teacher. I recognise that the law teacher would walk into a classroom and talk about the principles of law and discuss the principles of law. And hope that the students will learn those principles and at some point apply them. But that's going to change. The law teacher today will have to deal with the concepts of both creation. Even in applied work such as law, such that individuals will be working together to develop solutions to problems. Such that teamwork will begin to define the way that the principles themselves will be applied. So rather than a person learning just cramming the principles, just learning the principles, I am hoping that you will be able to apply it yourself. It is going to be looking at how to deal with concepts such as blockchain technology for example. How do you work? How do you reason around that? It is not on the linear. Nobody is thinking. Nobody can think anymore. You cannot think just as an individual. It is going to be teamwork. It is going to be working together to achieve those same objectives. And it is going to be really fine. They are not likely to find any more the low-moved lawyer in his law office. Because everything is changing, the co-working. Without dramatising it, I think it is fair to say that we are in the midst of historic change. We are participants as well as witnesses to a shift probably of greater consequence than Adam Smith's division of labour. The great difference is also its greatest strength. The power of working together not as a process on the production line, but each in his own space physically or mentally, but depending on the other or on others in real time across continents to create life. That is the new age that we are working in. So as we sit here today, we might well imagine that all that we are are people who are creating a new way of working, possibly just working together in spaces that are defined in a different way. But the truth of the matter is that what we are actually doing is that we are actually participating in a historic change, not just in the way that we work, but in the way that we will work in the future. The great thing about participants in history is that we hardly ever know until the time is passed, and we look back and say, really? So we are all part of that whole process. So I would encourage you to say what you are doing is an incredibly important thing. And I think that the more ideas that we are able to bring about by thinking collaboratively and working together, The greater we are, the greater we are, not just as individuals but as a group, nobody is ever going to remember individual effort anymore. It's going to be all about collaborating, about working together in music. Thank you very much and have a good conference.