Thank you, Mr. Chair.
Thank you to the witnesses for being here.
I think of the old adage “necessity is the mother of invention”. We may need to come up with a new adage because it's not often necessity. It's dreaming and research and being surprised at what we find and how these new technologies are then applied.
I'm not sure who touched on the lag. I think it was Dr. Wayner. The lag, in the examples you used, was a 20-year pause from when the technology was found to when we had an application. Mr. Carmichael talked about how we used to make clay models of cars and now it's all done digitally. Are we seeing generally a reduced lag time from discovery to commercial application?