is by Plato. Remember he was a famous Greek philosopher. Let's look at the quote here . 'Necessity is the

mother of invention. " Okay. Let's continue with the note. This quote by Plato has turned into a modern-day proverb which

basically means that the need for new inventions, methods, systems etc. is one of the main

things that push or drive people to do it. Yes. Because we need it, then they have someone out there or maybe

even a number of people out there trying to invent it, or trying to find a way to

make this better. So, and they know of course since the need is there that

they'll be able to sell their invention or sell their system. So this kind of

pushes them. It drives them it stimulates them to do it. Yeah let's continue. Some

others say this expression can also mean if someone really needs to do something

one will find a way to do it. It could be used that way sometimes too. Let's continue. When

e-commerce was starting to grow in the early days of the Internet . an easier

smoother and safer payment system was needed. Yeah. But people wanted to buy things

online and you don't blame people in this situation. They were a little

worried about giving their credit card information to every time they wanted to

make purchase online and that way they would have to give their credit card

information to each individual seller, and you know of course the more times

you gave it out, the more risk you were really taking. You know, was this an

honest seller ? Or if you're selling to so many or you're giving your

information to so many vendors , you're thinking well eventually your

information may end up in the wrong hands. Maybe somebody who may want to

cheat you or try to put extra charges or expenses

on your credit card. So it was holding people back from buying some things on

the Internet. So therefore along came this company

which was PayPal and they helped make it easier and smoother. So let's continue

here. So thus PayPal was soon born and it was one of the first companies Elon

Musk and a hand in. Yeah so this way when people wanted to buy something they only

to give had heir information to just one company, and then all the other

companies that signed up with PayPal they could buy from them. So this made

things a lot easier. This was a really necessary step in order for the online

e-commerce to pick up. And even people small-time vendors that didn't have a

credit card system where they accept credit cards could also sign up for

PayPal. So they had even more people that could sell through it So therefore this

was really big in helping the beginning of e-commerce on the Internet. So let's continue. This is a typical

sort of example in which we would use the proverb 'Necessity is the mother of invention. " Because the need

was there, somebody found a way to help solve this problem or to deal with this

problem. Either by creating an invention or creating a system or a method. Okay anyway, I hope it's

clear, I hope you got it, Thank you for your time. Bye-bye.