If your computer speaks English, it was probably made in Japan.
Have you seen these Japanese hospital droids, or humanoids, or whatever they call it? They've perfected the skin, and the skin looks so real. They have these motors between the eyes for when they smile. It's just mind-blowing.
The rest of the world may devour Japanese hardware - from Honda Civics to Sony Walkmans - but Japanese software, such as books, movies and recordings, has had little impact outside Japan. The exception is video games.
You talk about Japanese technocracy and you get radios.
The "third arrow" (of structural reform) is critically important. Japan has some of the best companies in the world, and if you look at their technology, their capability, it's extraordinary.
Japan offers as much novelty perhaps as an excursion to another planet.
How are we doing in the electronics field as opposed to, you know, we hear how advanced the Japanese are? Do you think we're still pretty competitive? Oh, yes.
Japan is really advanced. They don't go to the beach. The beach comes to them.
My brother then bought 1000 Japanese cameras. They all go, "Crick".