In the popular imagination, Japan is almost synonymous with robots.

While Japan once dominated cutting-edge robotics, over the past decade she has fallen further and further behind the US and China.

Today we sit down with Chiamin Lai of Firstlight Capital, who believes that Japan might just regain that leadership. We talk about the unique opportunity and advantage Japan has in the deployment of practical physical AI, the enterprise culture that is holding it back, and what a handful of innovators are doing about it today.

It's a great conversation, and I think you'll enjoy it.

Show Notes

How starting startups in Japan has changed over the past 20 years -- especially for foreigners

How Japan's labor shortage is driving the adoption of physical AI

The biggest problem in integrating GenAI and robotics

The best use cases for physical AI today and why healthcare is not one of them

How secrecy is holding back AI innovation

What keeps Japanese enterprise from embracing open innovation

Can Japan's VC ecosystem afford to fund AI in the era of massive funding rounds

Why physical AI companies should not create their own hardware

Why Japanese startups should not look to hardware for competitive advantage

The importance of industry cooperation and why it's critical for Japan's AI success

What physical AI will look like in Japan in five years

Links from the Founder

Everything you ever wanted to know about Firstlight Capital

Firstlight's thesis on Physical AI

Connect with Chiamin on LinkedIn

Follow her on Twitter @chiamin_lai

Chiamin's excellent series on Physical AI in Japan

Leave a comment

Transcript

Welcome to Disrupting Japan, Straight Talk from Japan's most innovative founders and VCs.

I'm Tim Romero and thanks for joining me.

Japan has always had a special and very positive relationship with robots from Astro Boy and Doraemon in the fifties and sixties, to Sony's Asimo in the 2000s to SoftBanks Pepper in the 2010s. It has always felt like Japan was set to create and then to lead a humanoid robot revolution.

But that didn't happen.

In fact, today, Japan seems to be far behind both China and the US in the development of not just humanoid robots, but intelligent robots in general.

Well, today we sit down with Chiamin Lai partner at Firstlight Capital, to discuss how that came to be and what we can do about it. Now, Chiamin's investment interests are deeply focused on physical AI and specifically physical AI startups in Japan. And she remains optimistic about the future of AI and robotics in Japan.

We talk about the market and the financial structures pushing Japan to adopt meaningful physical AI before the rest of the world. The technology and social challenges of trying to use AI and robotics and healthcare, and some really great advice for physical AI startups that are planning to raise money.

But, you know, Chiamin tells that story much better than I can. So, let's get right to the interview.

Interview

Tim: So, we're sitting here with Chiamin Lai, the general partner at Firstlight Capital, and a director at Japan Venture Capital Association. So, thanks for sitting down with me.

Chiamin: Thank you, Tim.

Tim: Before joining Firstlight, you worked in startups and investing in Japan and in China and in the US but you've had ties to Japan for quite a while, haven't you?

Chiamin: Yeah, I was born Taiwan, but then I came here when I was teenager, and after that I received education here. I also work in Japan, but then later to Europe and then came back. So I can say this is like my hometown in the way. I have more friends, more connection, and my family here. So yeah, some of my friends said, you are more Japanese than we are. Sometimes I agree.

Tim: Yeah, I know the feeling. I've been here over 30 years myself. Yeah, it kind of sneaks up on you. And Japan is a very comfortable place to live once you kind of get used to it...