WEBVTT 00:00:00.125 --> 00:00:01.793 Hi, Greg. Thanks for joining me. 00:00:01.793 --> 00:00:02.627 Thanks, Jeff. 00:00:02.627 --> 00:00:04.504 It's great to have you here at CES. 00:00:04.504 --> 00:00:07.299 And while we're at CES, it is the "Consumer Electronics 00:00:07.299 --> 00:00:09.926 Show," so let's talk about consumers. 00:00:09.926 --> 00:00:11.261 How can leaders adapt 00:00:11.261 --> 00:00:14.431 to the rapidly-changing needs of consumers around the globe? 00:00:14.431 --> 00:00:16.266 Well, leaders can adapt to consumers 00:00:16.266 --> 00:00:17.851 by really trying to understand 00:00:17.851 --> 00:00:20.145 where the consumer is at that time, 00:00:20.145 --> 00:00:22.022 at that region, what they're doing. 00:00:22.022 --> 00:00:23.773 And that's why the Consumer Electronics Show 00:00:23.773 --> 00:00:27.027 is so important to us to really hear from the consumer, 00:00:27.027 --> 00:00:28.737 and really feel the consumer. 00:00:28.737 --> 00:00:29.571 And at CJ, 00:00:29.571 --> 00:00:32.199 we really understand this consumer really, really well, 00:00:32.199 --> 00:00:34.826 but try to understand them better over time 00:00:34.826 --> 00:00:38.705 as we deal with them in food, logistics, cosmetics, 00:00:38.705 --> 00:00:40.290 and also in media. 00:00:40.290 --> 00:00:41.875 Greg, talk to me about AI. 00:00:41.875 --> 00:00:44.920 How are you leveraging AI at CJ Foods right now? 00:00:44.920 --> 00:00:47.839 AI is so explosive for us at CJ. One- 00:00:47.839 --> 00:00:50.008 and I can talk about it in the food division- 00:00:50.008 --> 00:00:52.677 we use AI in product development a lot. 00:00:52.677 --> 00:00:55.889 What usually takes 30 days to do, we can do in one day. 00:00:55.889 --> 00:00:58.225 So the food that you're seeing on the shelf today 00:00:58.225 --> 00:01:00.060 was created partially by AI, 00:01:00.060 --> 00:01:02.187 and partially by formulation by AI, 00:01:02.187 --> 00:01:04.648 and also by our product developers at CJ. 00:01:04.648 --> 00:01:07.109 Greg, let's also take a second and talk about products. 00:01:07.109 --> 00:01:09.528 What are the biggest challenges and opportunities you have 00:01:09.528 --> 00:01:11.488 in developing new products this year? 00:01:11.488 --> 00:01:12.614 Well, for CJ Foods, 00:01:12.614 --> 00:01:15.242 we break up our products into two different divisions. 00:01:15.242 --> 00:01:17.035 One is product superiority, 00:01:17.035 --> 00:01:18.829 which is can we make the products taste great 00:01:18.829 --> 00:01:21.206 for that consumer, for that region? 00:01:21.206 --> 00:01:22.291 And product credibility. 00:01:22.291 --> 00:01:24.501 Can we make the most nutritious products 00:01:24.501 --> 00:01:26.461 for that consumer around the world? 00:01:26.461 --> 00:01:28.797 "Delighted Consumer" is one of our businesses, 00:01:28.797 --> 00:01:30.340 and we have so many products out there, 00:01:30.340 --> 00:01:32.259 from Asian category, to pizza, 00:01:32.259 --> 00:01:35.053 and desserts, to delight our consumers around the world. 00:01:35.053 --> 00:01:37.681 But every day, we look at how we make these products better, 00:01:37.681 --> 00:01:40.017 so they taste better, but also be more nutritious. 00:01:40.017 --> 00:01:40.893 Thanks, Greg. 00:01:40.893 --> 00:01:41.518 Thanks, Jeff.