JAIME SIMINOFF: But when you put AI into it, now, all of a sudden, you have this human element that AI gives you. I think, with our products in neighborhoods and, again, you have to be a little bit specific to it, I do see a path where we can actually start to take down crime in a neighborhood to call it close to zero. And I even said, there are some crimes that you can’t stop, of course.
NILAY PATEL: Mechanically, walk people through what you mean. You put enough Ring products in a neighborhood, and then AI does what to them that helps you get closer to the mission of zeroing out crime?
So, the mental model, or how I look at it, is that AI allows us to have ... If you had a neighborhood where you had unlimited resources, so every house had security guards and those security guards were people that worked the same house for 10 years or 20 years, and I mean that from a knowledge perspective. So, the knowledge they had of that house was extreme; they knew everything about you and that residence and your family, how you lived, the people that came in and out.
And then, if that neighborhood had an HOA with, call it private security, and those private security were also around and knew everything, what would happen? When a dog gets lost, you’d be like, “Oh, my gosh, my dog is lost.” Well, they would call each other, and one of them would find the dog very quickly. So, how do we change that and bring that into the digital world is—
Can I just ask you a question about that neighborhood specifically?
Sure.
Do you ever stop and consider that that neighborhood might suck? Just the idea that every house on my street would have all-knowing private security guards, and I would have an HOA, and that HOA would have a private security force.
You can easily paint that as dystopia. Everyone’s so afraid that we have private cops on every corner, and I’m paying HOA fees, which is just a nightmare of its own.
So, I would assume you live in a safe neighborhood.
I hope so, yeah.
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