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He believes that optimal invention is still limited to small groups of people working together in person. Also for Humdinger to be financially viable he feels they must have some amount of protection around their ideas in wealthy countries. Here are some more of his thoughts:

There are 1000 different ways to address a problem, the bigger problem is how do you effectively select what to test. You can't test all the approaches. How do you pull out the right ones to test?"

"Our belief is that the future of power is going to be more distributed" and will come from a greater number of smaller sources, Frayne says. "Not meaning that there's going to be a wind turbine on every home, but inputs of 10 kilowatts here, 100 kilowatts there, all throughout cities."

The company was founded in Honolulu because of some enticing tax credits for start-ups, but Frayne opened the Hong Kong office because of the massive potential market in China, which boasts less red tape. "It can probably move a lot more quickly in the Chinese market than it could into a U.S. market," Frayne says.

"Everything about it is new," Frayne says. "The old constraints don't apply."