[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:01.44,0:00:03.80,Default,,0000,0000,0000,,Openness. It's a word that
Dialogue: 0,0:00:03.80,0:00:06.88,Default,,0000,0000,0000,,denotes opportunity and possibilities.
Dialogue: 0,0:00:06.88,0:00:08.92,Default,,0000,0000,0000,,Open-ended, open hearth,
Dialogue: 0,0:00:08.92,0:00:12.28,Default,,0000,0000,0000,,open source, open door policy,
Dialogue: 0,0:00:12.28,0:00:15.81,Default,,0000,0000,0000,,open bar. (Laughter)
Dialogue: 0,0:00:15.81,0:00:18.33,Default,,0000,0000,0000,,And everywhere the world is opening up,
Dialogue: 0,0:00:18.33,0:00:19.83,Default,,0000,0000,0000,,and it's a good thing.
Dialogue: 0,0:00:19.83,0:00:21.61,Default,,0000,0000,0000,,Why is this happening?
Dialogue: 0,0:00:21.61,0:00:24.57,Default,,0000,0000,0000,,The technology revolution is opening the world.
Dialogue: 0,0:00:24.57,0:00:27.12,Default,,0000,0000,0000,,Yesterday's Internet was a platform
Dialogue: 0,0:00:27.12,0:00:29.71,Default,,0000,0000,0000,,for the presentation of content.
Dialogue: 0,0:00:29.71,0:00:32.96,Default,,0000,0000,0000,,The Internet of today is a platform for computation.
Dialogue: 0,0:00:32.96,0:00:34.57,Default,,0000,0000,0000,,The Internet is becoming a giant
Dialogue: 0,0:00:34.57,0:00:37.17,Default,,0000,0000,0000,,global computer, and every time you go on it,
Dialogue: 0,0:00:37.17,0:00:39.83,Default,,0000,0000,0000,,you upload a video, you do a Google search,
Dialogue: 0,0:00:39.83,0:00:41.48,Default,,0000,0000,0000,,you remix something,
Dialogue: 0,0:00:41.48,0:00:44.03,Default,,0000,0000,0000,,you're programming this big global computer
Dialogue: 0,0:00:44.03,0:00:45.27,Default,,0000,0000,0000,,that we all share.
Dialogue: 0,0:00:45.27,0:00:48.50,Default,,0000,0000,0000,,Humanity is building a machine,
Dialogue: 0,0:00:48.50,0:00:51.58,Default,,0000,0000,0000,,and this enables us to collaborate in new ways.
Dialogue: 0,0:00:51.58,0:00:52.90,Default,,0000,0000,0000,,Collaboration can occur on
Dialogue: 0,0:00:52.90,0:00:55.87,Default,,0000,0000,0000,,an astronomical basis.
Dialogue: 0,0:00:55.87,0:00:59.28,Default,,0000,0000,0000,,Now a new generation is opening up the world as well.
Dialogue: 0,0:00:59.28,0:01:01.97,Default,,0000,0000,0000,,I started studying kids about 15 years ago,
Dialogue: 0,0:01:01.97,0:01:03.92,Default,,0000,0000,0000,,-- so actually 20 years ago now --
Dialogue: 0,0:01:03.92,0:01:05.52,Default,,0000,0000,0000,,and I noticed how my own children were
Dialogue: 0,0:01:05.52,0:01:09.04,Default,,0000,0000,0000,,effortlessly able to use all this sophisticated technology,
Dialogue: 0,0:01:09.04,0:01:10.25,Default,,0000,0000,0000,,and at first I thought,
Dialogue: 0,0:01:10.25,0:01:13.22,Default,,0000,0000,0000,,"My children are prodigies!" (Laughter)
Dialogue: 0,0:01:13.22,0:01:15.34,Default,,0000,0000,0000,,But then I noticed all their friends were like them,
Dialogue: 0,0:01:15.34,0:01:17.29,Default,,0000,0000,0000,,so that was a bad theory.
Dialogue: 0,0:01:17.29,0:01:20.28,Default,,0000,0000,0000,,So I've started working with a few hundred kids,
Dialogue: 0,0:01:20.28,0:01:21.88,Default,,0000,0000,0000,,and I came to the conclusion
Dialogue: 0,0:01:21.88,0:01:23.94,Default,,0000,0000,0000,,that this is the first generation to come of age
Dialogue: 0,0:01:23.94,0:01:25.07,Default,,0000,0000,0000,,in the digital age,
Dialogue: 0,0:01:25.07,0:01:26.69,Default,,0000,0000,0000,,to be bathed in bits.
Dialogue: 0,0:01:26.69,0:01:29.03,Default,,0000,0000,0000,,I call them the Net Generation.
Dialogue: 0,0:01:29.03,0:01:30.38,Default,,0000,0000,0000,,I said, these kids are different.
Dialogue: 0,0:01:30.38,0:01:33.26,Default,,0000,0000,0000,,They have no fear of technology, because it's not there.
Dialogue: 0,0:01:33.26,0:01:34.72,Default,,0000,0000,0000,,It's like the air.
Dialogue: 0,0:01:34.72,0:01:38.54,Default,,0000,0000,0000,,It's sort of like, I have no fear of a refrigerator.
Dialogue: 0,0:01:38.54,0:01:41.07,Default,,0000,0000,0000,,And — (Laughter)
Dialogue: 0,0:01:41.07,0:01:42.91,Default,,0000,0000,0000,,And there's no more powerful force to change
Dialogue: 0,0:01:42.91,0:01:47.62,Default,,0000,0000,0000,,every institution than the first generation of digital natives.
Dialogue: 0,0:01:47.62,0:01:48.97,Default,,0000,0000,0000,,I'm a digital immigrant.
Dialogue: 0,0:01:48.97,0:01:51.91,Default,,0000,0000,0000,,I had to learn the language.
Dialogue: 0,0:01:51.91,0:01:55.18,Default,,0000,0000,0000,,The global economic crisis is opening up the world as well.
Dialogue: 0,0:01:55.18,0:01:58.21,Default,,0000,0000,0000,,Our opaque institutions from the Industrial Age,
Dialogue: 0,0:01:58.21,0:02:00.58,Default,,0000,0000,0000,,everything from old models of the corporation,
Dialogue: 0,0:02:00.58,0:02:03.06,Default,,0000,0000,0000,,government, media, Wall Street,
Dialogue: 0,0:02:03.06,0:02:06.64,Default,,0000,0000,0000,,are in various stages of being stalled or frozen
Dialogue: 0,0:02:06.64,0:02:09.56,Default,,0000,0000,0000,,or in atrophy or even failing,
Dialogue: 0,0:02:09.56,0:02:12.57,Default,,0000,0000,0000,,and this is now creating a burning platform in the world.
Dialogue: 0,0:02:12.57,0:02:14.40,Default,,0000,0000,0000,,I mean, think about Wall Street.
Dialogue: 0,0:02:14.40,0:02:17.61,Default,,0000,0000,0000,,The core modus operandi of Wall Street almost brought down
Dialogue: 0,0:02:17.61,0:02:20.11,Default,,0000,0000,0000,,global capitalism.
Dialogue: 0,0:02:20.11,0:02:21.67,Default,,0000,0000,0000,,Now, you know the idea of a burning platform,
Dialogue: 0,0:02:21.67,0:02:25.84,Default,,0000,0000,0000,,that you're somewhere where the costs of staying where you are
Dialogue: 0,0:02:25.84,0:02:29.04,Default,,0000,0000,0000,,become greater than the costs of moving to something different,
Dialogue: 0,0:02:29.04,0:02:32.22,Default,,0000,0000,0000,,perhaps something radically different.
Dialogue: 0,0:02:32.22,0:02:33.94,Default,,0000,0000,0000,,And we need to change
Dialogue: 0,0:02:33.94,0:02:36.04,Default,,0000,0000,0000,,and open up all of our institutions.
Dialogue: 0,0:02:36.04,0:02:37.72,Default,,0000,0000,0000,,So this technology push,
Dialogue: 0,0:02:37.72,0:02:40.61,Default,,0000,0000,0000,,a demographic kick from a new generation
Dialogue: 0,0:02:40.61,0:02:43.48,Default,,0000,0000,0000,,and a demand pull from a new
Dialogue: 0,0:02:43.48,0:02:45.91,Default,,0000,0000,0000,,economic global environment
Dialogue: 0,0:02:45.91,0:02:47.60,Default,,0000,0000,0000,,is causing the world to open up.
Dialogue: 0,0:02:47.60,0:02:50.72,Default,,0000,0000,0000,,Now, I think, in fact,
Dialogue: 0,0:02:50.72,0:02:53.92,Default,,0000,0000,0000,,we're at a turning point in human history,
Dialogue: 0,0:02:53.92,0:02:55.87,Default,,0000,0000,0000,,where we can finally now rebuild
Dialogue: 0,0:02:55.87,0:02:58.31,Default,,0000,0000,0000,,many of the institutions of the Industrial Age
Dialogue: 0,0:02:58.31,0:02:59.86,Default,,0000,0000,0000,,around a new set of principles.
Dialogue: 0,0:02:59.86,0:03:02.23,Default,,0000,0000,0000,,Now, what is openness?
Dialogue: 0,0:03:02.23,0:03:03.80,Default,,0000,0000,0000,,Well, as it turns out, openness
Dialogue: 0,0:03:03.80,0:03:06.04,Default,,0000,0000,0000,,has a number of different meanings,
Dialogue: 0,0:03:06.04,0:03:08.95,Default,,0000,0000,0000,,and for each there's a corresponding principle
Dialogue: 0,0:03:08.95,0:03:10.62,Default,,0000,0000,0000,,for the transformation of
Dialogue: 0,0:03:10.62,0:03:12.64,Default,,0000,0000,0000,,civilization.
Dialogue: 0,0:03:12.64,0:03:15.92,Default,,0000,0000,0000,,The first is collaboration.
Dialogue: 0,0:03:15.92,0:03:18.73,Default,,0000,0000,0000,,Now, this is openness in the sense of the boundaries
Dialogue: 0,0:03:18.73,0:03:21.69,Default,,0000,0000,0000,,of organizations becoming more porous and fluid
Dialogue: 0,0:03:21.69,0:03:23.55,Default,,0000,0000,0000,,and open.
Dialogue: 0,0:03:23.55,0:03:25.09,Default,,0000,0000,0000,,The guy in the picture here,
Dialogue: 0,0:03:25.09,0:03:26.22,Default,,0000,0000,0000,,I'll tell you his story.
Dialogue: 0,0:03:26.22,0:03:28.12,Default,,0000,0000,0000,,His name is Rob McEwen.
Dialogue: 0,0:03:28.12,0:03:30.70,Default,,0000,0000,0000,,I'd like to say, "I have this think tank, we scour the world
Dialogue: 0,0:03:30.70,0:03:32.36,Default,,0000,0000,0000,,for amazing case studies."
Dialogue: 0,0:03:32.36,0:03:34.02,Default,,0000,0000,0000,,The reason I know this story
Dialogue: 0,0:03:34.02,0:03:38.18,Default,,0000,0000,0000,,is because he's my neighbor. (Laughter)
Dialogue: 0,0:03:38.18,0:03:39.94,Default,,0000,0000,0000,,He actually moved across the street from us,
Dialogue: 0,0:03:39.94,0:03:41.22,Default,,0000,0000,0000,,and he held a cocktail party
Dialogue: 0,0:03:41.22,0:03:43.67,Default,,0000,0000,0000,,to meet the neighbors, and he says, "You're Don Tapscott.
Dialogue: 0,0:03:43.67,0:03:44.58,Default,,0000,0000,0000,,I've read some of your books."
Dialogue: 0,0:03:44.58,0:03:45.68,Default,,0000,0000,0000,,I said, "Great. What do you do?"
Dialogue: 0,0:03:45.68,0:03:46.100,Default,,0000,0000,0000,,And he says, "Well I used to be a banker
Dialogue: 0,0:03:46.100,0:03:48.44,Default,,0000,0000,0000,,and now I'm a gold miner."
Dialogue: 0,0:03:48.44,0:03:51.43,Default,,0000,0000,0000,,And he tells me this amazing story.
Dialogue: 0,0:03:51.43,0:03:53.92,Default,,0000,0000,0000,,He takes over this gold mine, and his geologists
Dialogue: 0,0:03:53.92,0:03:55.21,Default,,0000,0000,0000,,can't tell him where the gold is.
Dialogue: 0,0:03:55.21,0:03:56.94,Default,,0000,0000,0000,,He gives them more money for geological data,
Dialogue: 0,0:03:56.94,0:03:58.57,Default,,0000,0000,0000,,they come back, they can't tell
Dialogue: 0,0:03:58.57,0:04:00.43,Default,,0000,0000,0000,,him where to go into production.
Dialogue: 0,0:04:00.43,0:04:04.41,Default,,0000,0000,0000,,After a few years, he's so frustrated he's ready
Dialogue: 0,0:04:04.41,0:04:06.79,Default,,0000,0000,0000,,to give up, but he has an epiphany one day.
Dialogue: 0,0:04:06.79,0:04:09.56,Default,,0000,0000,0000,,He wonders, "If my geologists don't know where the gold is,
Dialogue: 0,0:04:09.56,0:04:11.93,Default,,0000,0000,0000,,maybe somebody else does."
Dialogue: 0,0:04:11.93,0:04:13.93,Default,,0000,0000,0000,,So he does a "radical" thing.
Dialogue: 0,0:04:13.93,0:04:15.44,Default,,0000,0000,0000,,He takes his geological data,
Dialogue: 0,0:04:15.44,0:04:18.20,Default,,0000,0000,0000,,he publishes it and he holds a contest on the Internet
Dialogue: 0,0:04:18.20,0:04:19.69,Default,,0000,0000,0000,,called the Goldcorp Challenge.
Dialogue: 0,0:04:19.69,0:04:23.27,Default,,0000,0000,0000,,It's basically half a million dollars in prize money
Dialogue: 0,0:04:23.27,0:04:25.99,Default,,0000,0000,0000,,for anybody who can tell me, do I have any gold,
Dialogue: 0,0:04:25.99,0:04:29.92,Default,,0000,0000,0000,,and if so, where is it? (Laughter)
Dialogue: 0,0:04:29.92,0:04:32.07,Default,,0000,0000,0000,,He gets submissions from all around the world.
Dialogue: 0,0:04:32.07,0:04:34.33,Default,,0000,0000,0000,,They use techniques that he's never heard of,
Dialogue: 0,0:04:34.33,0:04:36.49,Default,,0000,0000,0000,,and for his half a million dollars in prize money,
Dialogue: 0,0:04:36.49,0:04:40.68,Default,,0000,0000,0000,,Rob McEwen finds 3.4 billion dollars worth of gold.
Dialogue: 0,0:04:40.68,0:04:42.45,Default,,0000,0000,0000,,The market value of his company
Dialogue: 0,0:04:42.45,0:04:44.77,Default,,0000,0000,0000,,goes from 90 million to 10 billion dollars,
Dialogue: 0,0:04:44.77,0:04:47.46,Default,,0000,0000,0000,,and I can tell you, because he's my neighbor,
Dialogue: 0,0:04:47.46,0:04:50.95,Default,,0000,0000,0000,,he's a happy camper. (Laughter)
Dialogue: 0,0:04:50.95,0:04:54.64,Default,,0000,0000,0000,,You know, conventional wisdom says talent is inside, right?
Dialogue: 0,0:04:54.64,0:04:57.75,Default,,0000,0000,0000,,Your most precious asset goes out the elevator every night.
Dialogue: 0,0:04:57.75,0:05:00.26,Default,,0000,0000,0000,,He viewed talent differently.
Dialogue: 0,0:05:00.26,0:05:02.55,Default,,0000,0000,0000,,He wondered, who are their peers?
Dialogue: 0,0:05:02.55,0:05:06.62,Default,,0000,0000,0000,,He should have fired his geology department, but he didn't.
Dialogue: 0,0:05:06.62,0:05:08.95,Default,,0000,0000,0000,,You know, some of the best submissions
Dialogue: 0,0:05:08.95,0:05:11.18,Default,,0000,0000,0000,,didn't come from geologists.
Dialogue: 0,0:05:11.18,0:05:13.68,Default,,0000,0000,0000,,They came from computer scientists, engineers.
Dialogue: 0,0:05:13.68,0:05:14.93,Default,,0000,0000,0000,,The winner was a computer graphics company
Dialogue: 0,0:05:14.93,0:05:16.75,Default,,0000,0000,0000,,that built a three dimensional model of the mine
Dialogue: 0,0:05:16.75,0:05:18.57,Default,,0000,0000,0000,,where you can helicopter underground
Dialogue: 0,0:05:18.57,0:05:21.24,Default,,0000,0000,0000,,and see where the gold is.
Dialogue: 0,0:05:21.24,0:05:24.34,Default,,0000,0000,0000,,He helped us understand that social media's becoming
Dialogue: 0,0:05:24.34,0:05:26.42,Default,,0000,0000,0000,,social production.
Dialogue: 0,0:05:26.42,0:05:28.16,Default,,0000,0000,0000,,It's not about hooking up online.
Dialogue: 0,0:05:28.16,0:05:31.23,Default,,0000,0000,0000,,This is a new means of production in the making.
Dialogue: 0,0:05:31.23,0:05:35.23,Default,,0000,0000,0000,,And this Ideagora that he created, an open market, agora,
Dialogue: 0,0:05:35.23,0:05:38.23,Default,,0000,0000,0000,,for uniquely qualified minds,
Dialogue: 0,0:05:38.23,0:05:42.96,Default,,0000,0000,0000,,was part of a change, a profound change in the deep structure
Dialogue: 0,0:05:42.96,0:05:45.42,Default,,0000,0000,0000,,and architecture of our organizations,
Dialogue: 0,0:05:45.42,0:05:49.02,Default,,0000,0000,0000,,and how we sort of orchestrate capability to innovate,
Dialogue: 0,0:05:49.02,0:05:50.72,Default,,0000,0000,0000,,to create goods and services,
Dialogue: 0,0:05:50.72,0:05:51.85,Default,,0000,0000,0000,,to engage with the rest of the world,
Dialogue: 0,0:05:51.85,0:05:56.25,Default,,0000,0000,0000,,in terms of government, how we create public value.
Dialogue: 0,0:05:56.25,0:05:58.24,Default,,0000,0000,0000,,Openness is about collaboration.
Dialogue: 0,0:05:58.24,0:06:00.60,Default,,0000,0000,0000,,Now secondly, openness is about transparency.
Dialogue: 0,0:06:00.60,0:06:02.80,Default,,0000,0000,0000,,This is different. Here, we're talking about the communication
Dialogue: 0,0:06:02.80,0:06:06.63,Default,,0000,0000,0000,,of pertinent information to stakeholders of organizations:
Dialogue: 0,0:06:06.63,0:06:09.55,Default,,0000,0000,0000,,employees, customers, business partners, shareholders,
Dialogue: 0,0:06:09.55,0:06:11.31,Default,,0000,0000,0000,,and so on.
Dialogue: 0,0:06:11.31,0:06:15.58,Default,,0000,0000,0000,,And everywhere, our institutions are becoming naked.
Dialogue: 0,0:06:15.58,0:06:18.07,Default,,0000,0000,0000,,People are all bent out of shape about WikiLeaks,
Dialogue: 0,0:06:18.07,0:06:20.52,Default,,0000,0000,0000,,but that's just the tip of the iceberg.
Dialogue: 0,0:06:20.52,0:06:23.23,Default,,0000,0000,0000,,You see, people at their fingertips now, everybody,
Dialogue: 0,0:06:23.23,0:06:25.46,Default,,0000,0000,0000,,not just Julian Assange,
Dialogue: 0,0:06:25.46,0:06:28.05,Default,,0000,0000,0000,,have these powerful tools for finding out what's going on,
Dialogue: 0,0:06:28.05,0:06:29.50,Default,,0000,0000,0000,,scrutinizing, informing others,
Dialogue: 0,0:06:29.50,0:06:33.09,Default,,0000,0000,0000,,and even organizing collective responses.
Dialogue: 0,0:06:33.09,0:06:35.38,Default,,0000,0000,0000,,Institutions are becoming naked,
Dialogue: 0,0:06:35.38,0:06:37.19,Default,,0000,0000,0000,,and if you're going to be naked,
Dialogue: 0,0:06:37.19,0:06:39.90,Default,,0000,0000,0000,,well, there's some corollaries that flow from that.
Dialogue: 0,0:06:39.90,0:06:40.77,Default,,0000,0000,0000,,I mean, one is,
Dialogue: 0,0:06:40.77,0:06:43.55,Default,,0000,0000,0000,,fitness is no longer optional. (Laughter)
Dialogue: 0,0:06:43.55,0:06:47.87,Default,,0000,0000,0000,,You know? Or if you're going to be naked, you'd better get buff.
Dialogue: 0,0:06:47.87,0:06:51.34,Default,,0000,0000,0000,,Now, by buff I mean, you need to have good value,
Dialogue: 0,0:06:51.34,0:06:53.32,Default,,0000,0000,0000,,because value is evidenced like never before.
Dialogue: 0,0:06:53.32,0:06:54.28,Default,,0000,0000,0000,,You say you have good products.
Dialogue: 0,0:06:54.28,0:06:55.32,Default,,0000,0000,0000,,They'd better be good.
Dialogue: 0,0:06:55.32,0:06:57.27,Default,,0000,0000,0000,,But you also need to have values.
Dialogue: 0,0:06:57.27,0:07:00.21,Default,,0000,0000,0000,,You need to have integrity as part of your bones
Dialogue: 0,0:07:00.21,0:07:02.62,Default,,0000,0000,0000,,and your DNA as an organization,
Dialogue: 0,0:07:02.62,0:07:05.10,Default,,0000,0000,0000,,because if you don't, you'll be unable to build trust,
Dialogue: 0,0:07:05.10,0:07:09.08,Default,,0000,0000,0000,,and trust is a sine qua non of this new network world.
Dialogue: 0,0:07:09.08,0:07:12.36,Default,,0000,0000,0000,,So this is good. It's not bad.
Dialogue: 0,0:07:12.36,0:07:15.05,Default,,0000,0000,0000,,Sunlight is the best disinfectant.
Dialogue: 0,0:07:15.05,0:07:19.03,Default,,0000,0000,0000,,And we need a lot of sunlight in this troubled world.
Dialogue: 0,0:07:19.03,0:07:22.03,Default,,0000,0000,0000,,Now, the third meaning and corresponding principle
Dialogue: 0,0:07:22.03,0:07:24.16,Default,,0000,0000,0000,,of openness is about sharing.
Dialogue: 0,0:07:24.16,0:07:25.88,Default,,0000,0000,0000,,Now this is different than transparency.
Dialogue: 0,0:07:25.88,0:07:28.62,Default,,0000,0000,0000,,Transparency is about the communication of information.
Dialogue: 0,0:07:28.62,0:07:33.04,Default,,0000,0000,0000,,Sharing is about giving up assets, intellectual property.
Dialogue: 0,0:07:33.04,0:07:35.31,Default,,0000,0000,0000,,And there are all kinds of famous stories about this.
Dialogue: 0,0:07:35.31,0:07:38.25,Default,,0000,0000,0000,,IBM gave away 400 million dollars of software
Dialogue: 0,0:07:38.25,0:07:40.35,Default,,0000,0000,0000,,to the Linux movement, and that gave them
Dialogue: 0,0:07:40.35,0:07:43.36,Default,,0000,0000,0000,,a multi-billion dollar payoff.
Dialogue: 0,0:07:43.36,0:07:45.32,Default,,0000,0000,0000,,Now, conventional wisdom says,
Dialogue: 0,0:07:45.32,0:07:48.06,Default,,0000,0000,0000,,"Well, hey, our intellectual property belongs to us,
Dialogue: 0,0:07:48.06,0:07:50.36,Default,,0000,0000,0000,,and if someone tries to infringe it, we're going to get out
Dialogue: 0,0:07:50.36,0:07:52.71,Default,,0000,0000,0000,,our lawyers and we're going to sue them."
Dialogue: 0,0:07:52.71,0:07:56.12,Default,,0000,0000,0000,,Well, it didn't work so well for the record labels, did it?
Dialogue: 0,0:07:56.12,0:08:01.22,Default,,0000,0000,0000,,I mean, they took — They had a technology disruption,
Dialogue: 0,0:08:01.22,0:08:03.91,Default,,0000,0000,0000,,and rather than taking a business model innovation
Dialogue: 0,0:08:03.91,0:08:07.86,Default,,0000,0000,0000,,to correspond to that, they took and sought a legal solution
Dialogue: 0,0:08:07.86,0:08:10.18,Default,,0000,0000,0000,,and the industry that brought you Elvis and the Beatles
Dialogue: 0,0:08:10.18,0:08:12.21,Default,,0000,0000,0000,,is now suing children
Dialogue: 0,0:08:12.21,0:08:16.38,Default,,0000,0000,0000,,and is in danger of collapse.
Dialogue: 0,0:08:16.38,0:08:19.22,Default,,0000,0000,0000,,So we need to think differently about intellectual property.
Dialogue: 0,0:08:19.22,0:08:20.25,Default,,0000,0000,0000,,I'll give you an example.
Dialogue: 0,0:08:20.25,0:08:23.13,Default,,0000,0000,0000,,The pharmaceutical industry is in deep trouble.
Dialogue: 0,0:08:23.13,0:08:25.73,Default,,0000,0000,0000,,First of all, there aren't a lot of big inventions
Dialogue: 0,0:08:25.73,0:08:28.09,Default,,0000,0000,0000,,in the pipeline, and this is a big problem for human health,
Dialogue: 0,0:08:28.09,0:08:33.25,Default,,0000,0000,0000,,and the pharmaceutical industry has got a bigger problem,
Dialogue: 0,0:08:33.25,0:08:35.17,Default,,0000,0000,0000,,that they're about to fall off something
Dialogue: 0,0:08:35.17,0:08:36.69,Default,,0000,0000,0000,,called the patent cliff.
Dialogue: 0,0:08:36.69,0:08:37.46,Default,,0000,0000,0000,,Do you know about this?
Dialogue: 0,0:08:37.46,0:08:40.46,Default,,0000,0000,0000,,They're going to lose 20 to 35 percent of their revenue
Dialogue: 0,0:08:40.46,0:08:42.09,Default,,0000,0000,0000,,in the next 12 months.
Dialogue: 0,0:08:42.09,0:08:43.42,Default,,0000,0000,0000,,And what are you going to do,
Dialogue: 0,0:08:43.42,0:08:46.53,Default,,0000,0000,0000,,like, cut back on paper clips or something? No.
Dialogue: 0,0:08:46.53,0:08:51.24,Default,,0000,0000,0000,,We need to reinvent the whole model of scientific research.
Dialogue: 0,0:08:51.24,0:08:54.71,Default,,0000,0000,0000,,The pharmaceutical industry needs to place assets
Dialogue: 0,0:08:54.71,0:08:58.64,Default,,0000,0000,0000,,in a commons. They need to start sharing precompetitive research.
Dialogue: 0,0:08:58.64,0:09:00.99,Default,,0000,0000,0000,,They need to start sharing
Dialogue: 0,0:09:00.99,0:09:02.44,Default,,0000,0000,0000,,clinical trial data,
Dialogue: 0,0:09:02.44,0:09:06.72,Default,,0000,0000,0000,,and in doing so, create a rising tide that could lift all boats,
Dialogue: 0,0:09:06.72,0:09:08.66,Default,,0000,0000,0000,,not just for the industry but
Dialogue: 0,0:09:08.66,0:09:11.45,Default,,0000,0000,0000,,for humanity.
Dialogue: 0,0:09:11.45,0:09:13.85,Default,,0000,0000,0000,,Now, the fourth meaning
Dialogue: 0,0:09:13.85,0:09:16.00,Default,,0000,0000,0000,,of openness,
Dialogue: 0,0:09:16.00,0:09:17.100,Default,,0000,0000,0000,,and corresponding principle, is about empowerment.
Dialogue: 0,0:09:17.100,0:09:20.22,Default,,0000,0000,0000,,And I'm not talking about the motherhood sense here.
Dialogue: 0,0:09:20.22,0:09:23.69,Default,,0000,0000,0000,,Knowledge and intelligence is power,
Dialogue: 0,0:09:23.69,0:09:26.53,Default,,0000,0000,0000,,and as it becomes more distributed, there's a
Dialogue: 0,0:09:26.53,0:09:29.07,Default,,0000,0000,0000,,concomitant distribution
Dialogue: 0,0:09:29.07,0:09:32.70,Default,,0000,0000,0000,,and decentralization and disaggregation of power
Dialogue: 0,0:09:32.70,0:09:34.63,Default,,0000,0000,0000,,that's underway in the world today.
Dialogue: 0,0:09:34.63,0:09:37.72,Default,,0000,0000,0000,,The open world is bringing freedom.
Dialogue: 0,0:09:37.72,0:09:40.07,Default,,0000,0000,0000,,Now, take the Arab Spring.
Dialogue: 0,0:09:40.07,0:09:41.98,Default,,0000,0000,0000,,The debate about the role of social media
Dialogue: 0,0:09:41.98,0:09:43.98,Default,,0000,0000,0000,,and social change has been settled.
Dialogue: 0,0:09:43.98,0:09:47.22,Default,,0000,0000,0000,,You know, one word: Tunisia.
Dialogue: 0,0:09:47.22,0:09:49.56,Default,,0000,0000,0000,,And then it ended up having a whole bunch of other words too.
Dialogue: 0,0:09:49.56,0:09:51.90,Default,,0000,0000,0000,,But in the Tunisian revolution,
Dialogue: 0,0:09:51.90,0:09:54.03,Default,,0000,0000,0000,,the new media didn't cause the revolution;
Dialogue: 0,0:09:54.03,0:09:55.81,Default,,0000,0000,0000,,it was caused by injustice.
Dialogue: 0,0:09:55.81,0:10:00.05,Default,,0000,0000,0000,,Social media didn't create the revolution;
Dialogue: 0,0:10:00.05,0:10:02.37,Default,,0000,0000,0000,,it was created by a new generation of young people
Dialogue: 0,0:10:02.37,0:10:04.18,Default,,0000,0000,0000,,who wanted jobs and hope and
Dialogue: 0,0:10:04.18,0:10:08.20,Default,,0000,0000,0000,,who didn't want to be treated as subjects anymore.
Dialogue: 0,0:10:08.20,0:10:11.27,Default,,0000,0000,0000,,But just as the Internet drops transaction and collaboration
Dialogue: 0,0:10:11.27,0:10:13.64,Default,,0000,0000,0000,,costs in business and government,
Dialogue: 0,0:10:13.64,0:10:16.39,Default,,0000,0000,0000,,it also drops the cost of dissent, of rebellion,
Dialogue: 0,0:10:16.39,0:10:18.22,Default,,0000,0000,0000,,and even insurrection
Dialogue: 0,0:10:18.22,0:10:20.31,Default,,0000,0000,0000,,in ways that people didn't understand.
Dialogue: 0,0:10:20.31,0:10:22.14,Default,,0000,0000,0000,,You know, during the Tunisian revolution,
Dialogue: 0,0:10:22.14,0:10:24.83,Default,,0000,0000,0000,,snipers associated with the regime were killing
Dialogue: 0,0:10:24.83,0:10:26.58,Default,,0000,0000,0000,,unarmed students in the street.
Dialogue: 0,0:10:26.58,0:10:29.60,Default,,0000,0000,0000,,So the students would take their mobile devices,
Dialogue: 0,0:10:29.60,0:10:32.25,Default,,0000,0000,0000,,take a picture, triangulate the location,
Dialogue: 0,0:10:32.25,0:10:34.45,Default,,0000,0000,0000,,send that picture to friendly military units,
Dialogue: 0,0:10:34.45,0:10:36.86,Default,,0000,0000,0000,,who'd come in and take out the snipers.
Dialogue: 0,0:10:36.86,0:10:39.39,Default,,0000,0000,0000,,You think that social media is about hooking up online?
Dialogue: 0,0:10:39.39,0:10:42.42,Default,,0000,0000,0000,,For these kids, it was a military tool
Dialogue: 0,0:10:42.42,0:10:45.55,Default,,0000,0000,0000,,to defend unarmed people from murderers.
Dialogue: 0,0:10:45.55,0:10:47.68,Default,,0000,0000,0000,,It was a tool of self-defense.
Dialogue: 0,0:10:47.68,0:10:50.03,Default,,0000,0000,0000,,You know, as we speak today, young people
Dialogue: 0,0:10:50.03,0:10:52.04,Default,,0000,0000,0000,,are being killed in Syria,
Dialogue: 0,0:10:52.04,0:10:53.85,Default,,0000,0000,0000,,and up until three months ago,
Dialogue: 0,0:10:53.85,0:10:56.05,Default,,0000,0000,0000,,if you were injured on the street,
Dialogue: 0,0:10:56.05,0:10:57.50,Default,,0000,0000,0000,,an ambulance would pick you up,
Dialogue: 0,0:10:57.50,0:11:00.40,Default,,0000,0000,0000,,take you to the hospital, you'd go in, say, with a broken leg,
Dialogue: 0,0:11:00.40,0:11:02.88,Default,,0000,0000,0000,,and you'd come out with a bullet in your head.
Dialogue: 0,0:11:02.88,0:11:05.80,Default,,0000,0000,0000,,So these 20-somethings created
Dialogue: 0,0:11:05.80,0:11:08.09,Default,,0000,0000,0000,,an alternative health care system,
Dialogue: 0,0:11:08.09,0:11:10.48,Default,,0000,0000,0000,,where what they did is they used Twitter and basic
Dialogue: 0,0:11:10.48,0:11:13.72,Default,,0000,0000,0000,,publicly available tools that when someone's injured,
Dialogue: 0,0:11:13.72,0:11:16.40,Default,,0000,0000,0000,,a car would show up, it would pick them up,
Dialogue: 0,0:11:16.40,0:11:18.96,Default,,0000,0000,0000,,take them to a makeshift medical clinic, where you'd get
Dialogue: 0,0:11:18.96,0:11:22.50,Default,,0000,0000,0000,,medical treatment, as opposed to being executed.
Dialogue: 0,0:11:22.50,0:11:25.69,Default,,0000,0000,0000,,So this is a time of great change.
Dialogue: 0,0:11:25.69,0:11:28.32,Default,,0000,0000,0000,,Now, it's not without its problems.
Dialogue: 0,0:11:28.32,0:11:30.97,Default,,0000,0000,0000,,Up until two years ago,
Dialogue: 0,0:11:30.97,0:11:34.12,Default,,0000,0000,0000,,all revolutions in human history had a leadership,
Dialogue: 0,0:11:34.12,0:11:36.92,Default,,0000,0000,0000,,and when the old regime fell, the leadership
Dialogue: 0,0:11:36.92,0:11:37.89,Default,,0000,0000,0000,,and the organization would take power.
Dialogue: 0,0:11:37.89,0:11:40.42,Default,,0000,0000,0000,,Well, these wiki revolutions happen so fast
Dialogue: 0,0:11:40.42,0:11:41.92,Default,,0000,0000,0000,,they create a vacuum, and
Dialogue: 0,0:11:41.92,0:11:43.65,Default,,0000,0000,0000,,politics abhors a vacuum,
Dialogue: 0,0:11:43.65,0:11:45.72,Default,,0000,0000,0000,,and unsavory forces can fill that,
Dialogue: 0,0:11:45.72,0:11:48.85,Default,,0000,0000,0000,,typically the old regime,
Dialogue: 0,0:11:48.85,0:11:51.20,Default,,0000,0000,0000,,or extremists, or fundamentalist forces.
Dialogue: 0,0:11:51.20,0:11:53.93,Default,,0000,0000,0000,,You can see this playing out today in Egypt.
Dialogue: 0,0:11:53.93,0:11:55.59,Default,,0000,0000,0000,,But that doesn't matter,
Dialogue: 0,0:11:55.59,0:11:57.73,Default,,0000,0000,0000,,because this is moving forward.
Dialogue: 0,0:11:57.73,0:12:00.71,Default,,0000,0000,0000,,The train has left the station. The cat is out of the bag.
Dialogue: 0,0:12:00.71,0:12:04.08,Default,,0000,0000,0000,,The horse is out of the barn. Help me out here, okay?
Dialogue: 0,0:12:04.08,0:12:06.23,Default,,0000,0000,0000,,(Laughter) The toothpaste is out of the tube.
Dialogue: 0,0:12:06.23,0:12:08.45,Default,,0000,0000,0000,,I mean, we're not putting this one back.
Dialogue: 0,0:12:08.45,0:12:12.18,Default,,0000,0000,0000,,The open world is bringing empowerment and freedom.
Dialogue: 0,0:12:12.18,0:12:14.97,Default,,0000,0000,0000,,I think, at the end of these four days,
Dialogue: 0,0:12:14.97,0:12:17.73,Default,,0000,0000,0000,,that you'll come to conclude that the arc of history
Dialogue: 0,0:12:17.73,0:12:21.23,Default,,0000,0000,0000,,is a positive one, and it's towards openness.
Dialogue: 0,0:12:21.23,0:12:23.71,Default,,0000,0000,0000,,If you go back a few hundred years,
Dialogue: 0,0:12:23.71,0:12:26.09,Default,,0000,0000,0000,,all around the world it was a very closed society.
Dialogue: 0,0:12:26.09,0:12:27.66,Default,,0000,0000,0000,,It was agrarian, and the means of production
Dialogue: 0,0:12:27.66,0:12:30.38,Default,,0000,0000,0000,,and political system was called feudalism, and knowledge
Dialogue: 0,0:12:30.38,0:12:34.32,Default,,0000,0000,0000,,was concentrated in the church and the nobility.
Dialogue: 0,0:12:34.32,0:12:35.92,Default,,0000,0000,0000,,People didn't know about things.
Dialogue: 0,0:12:35.92,0:12:38.40,Default,,0000,0000,0000,,There was no concept of progress.
Dialogue: 0,0:12:38.40,0:12:40.30,Default,,0000,0000,0000,,You were born, you lived your life and you died.
Dialogue: 0,0:12:40.30,0:12:44.90,Default,,0000,0000,0000,,But then Johannes Gutenberg came along with his great invention,
Dialogue: 0,0:12:44.90,0:12:48.45,Default,,0000,0000,0000,,and, over time, the society opened up.
Dialogue: 0,0:12:48.45,0:12:50.49,Default,,0000,0000,0000,,People started to learn about things, and when they did,
Dialogue: 0,0:12:50.49,0:12:51.87,Default,,0000,0000,0000,,the institutions of feudal society appeared
Dialogue: 0,0:12:51.87,0:12:55.58,Default,,0000,0000,0000,,to be stalled, or frozen, or failing.
Dialogue: 0,0:12:55.58,0:12:58.35,Default,,0000,0000,0000,,It didn't make sense for the church to be responsible
Dialogue: 0,0:12:58.35,0:13:00.64,Default,,0000,0000,0000,,for medicine when people had knowledge.
Dialogue: 0,0:13:00.64,0:13:02.58,Default,,0000,0000,0000,,So we saw the Protestant Reformation.
Dialogue: 0,0:13:02.58,0:13:04.45,Default,,0000,0000,0000,,Martin Luther called the printing press
Dialogue: 0,0:13:04.45,0:13:06.85,Default,,0000,0000,0000,,"God's highest act of grace."
Dialogue: 0,0:13:06.85,0:13:10.36,Default,,0000,0000,0000,,The creation of a corporation, science, the university,
Dialogue: 0,0:13:10.36,0:13:12.05,Default,,0000,0000,0000,,eventually the Industrial Revolution,
Dialogue: 0,0:13:12.05,0:13:14.22,Default,,0000,0000,0000,,and it was all good.
Dialogue: 0,0:13:14.22,0:13:16.37,Default,,0000,0000,0000,,But it came with a cost.
Dialogue: 0,0:13:16.37,0:13:19.08,Default,,0000,0000,0000,,And now, once again, the technology genie
Dialogue: 0,0:13:19.08,0:13:22.40,Default,,0000,0000,0000,,is out of the bottle, but this time it's different.
Dialogue: 0,0:13:22.40,0:13:25.26,Default,,0000,0000,0000,,The printing press gave us access to the written word.
Dialogue: 0,0:13:25.26,0:13:28.72,Default,,0000,0000,0000,,The Internet enables each of us to be a producer.
Dialogue: 0,0:13:28.72,0:13:31.54,Default,,0000,0000,0000,,The printing press gave us access to recorded knowledge.
Dialogue: 0,0:13:31.54,0:13:33.45,Default,,0000,0000,0000,,The Internet gives us access,
Dialogue: 0,0:13:33.45,0:13:35.10,Default,,0000,0000,0000,,not just to information and knowledge, but
Dialogue: 0,0:13:35.10,0:13:38.47,Default,,0000,0000,0000,,to the intelligence contained in the crania of other people
Dialogue: 0,0:13:38.47,0:13:40.01,Default,,0000,0000,0000,,on a global basis.
Dialogue: 0,0:13:40.01,0:13:43.25,Default,,0000,0000,0000,,To me, this is not an information age,
Dialogue: 0,0:13:43.25,0:13:46.12,Default,,0000,0000,0000,,it's an age of networked intelligence.
Dialogue: 0,0:13:46.12,0:13:49.100,Default,,0000,0000,0000,,It's an age of vast promise,
Dialogue: 0,0:13:49.100,0:13:53.12,Default,,0000,0000,0000,,an age of collaboration,
Dialogue: 0,0:13:53.12,0:13:57.30,Default,,0000,0000,0000,,where the boundaries of our organizations are changing,
Dialogue: 0,0:13:57.30,0:14:00.02,Default,,0000,0000,0000,,of transparency, where sunlight
Dialogue: 0,0:14:00.02,0:14:03.24,Default,,0000,0000,0000,,is disinfecting civilization,
Dialogue: 0,0:14:03.24,0:14:06.80,Default,,0000,0000,0000,,an age of sharing and understanding
Dialogue: 0,0:14:06.80,0:14:08.50,Default,,0000,0000,0000,,the new power of the commons,
Dialogue: 0,0:14:08.50,0:14:11.14,Default,,0000,0000,0000,,and it's an age of empowerment
Dialogue: 0,0:14:11.14,0:14:14.04,Default,,0000,0000,0000,,and of freedom.
Dialogue: 0,0:14:14.04,0:14:17.57,Default,,0000,0000,0000,,Now, what I'd like to do is,
Dialogue: 0,0:14:17.57,0:14:20.22,Default,,0000,0000,0000,,to close, to share with you
Dialogue: 0,0:14:20.22,0:14:22.83,Default,,0000,0000,0000,,some research that I've been doing.
Dialogue: 0,0:14:22.83,0:14:25.34,Default,,0000,0000,0000,,I've tried to study all kinds of organizations
Dialogue: 0,0:14:25.34,0:14:28.48,Default,,0000,0000,0000,,to understand what the future might look like,
Dialogue: 0,0:14:28.48,0:14:31.50,Default,,0000,0000,0000,,but I've been studying nature recently.
Dialogue: 0,0:14:31.50,0:14:35.13,Default,,0000,0000,0000,,You know, bees come in swarms
Dialogue: 0,0:14:35.13,0:14:37.84,Default,,0000,0000,0000,,and fish come in schools.
Dialogue: 0,0:14:37.84,0:14:40.66,Default,,0000,0000,0000,,Starlings, in the area around Edinburgh,
Dialogue: 0,0:14:40.66,0:14:42.14,Default,,0000,0000,0000,,in the moors of England,
Dialogue: 0,0:14:42.14,0:14:44.23,Default,,0000,0000,0000,,come in something called a murmuration,
Dialogue: 0,0:14:44.23,0:14:47.00,Default,,0000,0000,0000,,and the murmuration refers to the murmuring of the wings
Dialogue: 0,0:14:47.00,0:14:48.92,Default,,0000,0000,0000,,of the birds, and throughout the day the starlings
Dialogue: 0,0:14:48.92,0:14:50.78,Default,,0000,0000,0000,,are out over a 20-mile radius
Dialogue: 0,0:14:50.78,0:14:52.82,Default,,0000,0000,0000,,sort of doing their starling thing.
Dialogue: 0,0:14:52.82,0:14:54.59,Default,,0000,0000,0000,,And at night they come together
Dialogue: 0,0:14:54.59,0:14:56.71,Default,,0000,0000,0000,,and they create one of the most spectacular things
Dialogue: 0,0:14:56.71,0:14:58.30,Default,,0000,0000,0000,,in all of nature,
Dialogue: 0,0:14:58.30,0:15:00.36,Default,,0000,0000,0000,,and it's called a murmuration.
Dialogue: 0,0:15:00.36,0:15:03.28,Default,,0000,0000,0000,,And scientists that have studied this have said
Dialogue: 0,0:15:03.28,0:15:05.02,Default,,0000,0000,0000,,they've never seen an accident.
Dialogue: 0,0:15:05.02,0:15:06.97,Default,,0000,0000,0000,,Now, this thing has a function.
Dialogue: 0,0:15:06.97,0:15:08.83,Default,,0000,0000,0000,,It protects the birds.
Dialogue: 0,0:15:08.83,0:15:10.43,Default,,0000,0000,0000,,You can see on the right here,
Dialogue: 0,0:15:10.43,0:15:14.94,Default,,0000,0000,0000,,there's a predator being chased away by the collective power
Dialogue: 0,0:15:14.94,0:15:17.93,Default,,0000,0000,0000,,of the birds, and apparently this is a frightening thing
Dialogue: 0,0:15:17.93,0:15:21.39,Default,,0000,0000,0000,,if you're a predator of starlings.
Dialogue: 0,0:15:21.39,0:15:23.84,Default,,0000,0000,0000,,And there's leadership,
Dialogue: 0,0:15:23.84,0:15:25.98,Default,,0000,0000,0000,,but there's no one leader.
Dialogue: 0,0:15:25.98,0:15:28.08,Default,,0000,0000,0000,,Now, is this some kind of fanciful analogy,
Dialogue: 0,0:15:28.08,0:15:30.53,Default,,0000,0000,0000,,or could we actually learn something from this?
Dialogue: 0,0:15:30.53,0:15:33.58,Default,,0000,0000,0000,,Well, the murmuration functions to record
Dialogue: 0,0:15:33.58,0:15:34.94,Default,,0000,0000,0000,,a number of principles,
Dialogue: 0,0:15:34.94,0:15:36.46,Default,,0000,0000,0000,,and they're basically the principles that
Dialogue: 0,0:15:36.46,0:15:38.38,Default,,0000,0000,0000,,I have described to you today.
Dialogue: 0,0:15:38.38,0:15:41.18,Default,,0000,0000,0000,,This is a huge collaboration.
Dialogue: 0,0:15:41.18,0:15:42.96,Default,,0000,0000,0000,,It's an openness, it's a sharing
Dialogue: 0,0:15:42.96,0:15:45.48,Default,,0000,0000,0000,,of all kinds of information, not just about location
Dialogue: 0,0:15:45.48,0:15:50.49,Default,,0000,0000,0000,,and trajectory and danger and so on, but about food sources.
Dialogue: 0,0:15:50.49,0:15:54.63,Default,,0000,0000,0000,,And there's a real sense of interdependence,
Dialogue: 0,0:15:54.63,0:15:58.32,Default,,0000,0000,0000,,that the individual birds somehow understand
Dialogue: 0,0:15:58.32,0:16:01.28,Default,,0000,0000,0000,,that their interests are in the interest of the collective.
Dialogue: 0,0:16:01.28,0:16:03.52,Default,,0000,0000,0000,,Perhaps like we should understand
Dialogue: 0,0:16:03.52,0:16:07.69,Default,,0000,0000,0000,,that business can't succeed
Dialogue: 0,0:16:07.69,0:16:09.85,Default,,0000,0000,0000,,in a world that's failing.
Dialogue: 0,0:16:09.85,0:16:11.41,Default,,0000,0000,0000,,Well, I look at this thing,
Dialogue: 0,0:16:11.41,0:16:14.10,Default,,0000,0000,0000,,and I get a lot of hope.
Dialogue: 0,0:16:14.10,0:16:19.15,Default,,0000,0000,0000,,Think about the kids today in the Arab Spring, and
Dialogue: 0,0:16:19.15,0:16:22.00,Default,,0000,0000,0000,,you see something like this that's underway.
Dialogue: 0,0:16:22.00,0:16:26.14,Default,,0000,0000,0000,,And imagine, just consider this idea, if you would:
Dialogue: 0,0:16:26.14,0:16:30.09,Default,,0000,0000,0000,,What if we could connect ourselves in this world
Dialogue: 0,0:16:30.09,0:16:33.94,Default,,0000,0000,0000,,through a vast network of air and glass?
Dialogue: 0,0:16:33.94,0:16:36.77,Default,,0000,0000,0000,,Could we go beyond just sharing information and knowledge?
Dialogue: 0,0:16:36.77,0:16:39.28,Default,,0000,0000,0000,,Could we start to share our intelligence?
Dialogue: 0,0:16:39.28,0:16:41.72,Default,,0000,0000,0000,,Could we create some kind of
Dialogue: 0,0:16:41.72,0:16:43.44,Default,,0000,0000,0000,,collective intelligence
Dialogue: 0,0:16:43.44,0:16:47.36,Default,,0000,0000,0000,,that goes beyond an individual or a group or a team
Dialogue: 0,0:16:47.36,0:16:51.51,Default,,0000,0000,0000,,to create, perhaps, some kind of consciousness
Dialogue: 0,0:16:51.51,0:16:52.73,Default,,0000,0000,0000,,on a global basis?
Dialogue: 0,0:16:52.73,0:16:56.40,Default,,0000,0000,0000,,Well, if we could do this, we could attack some big problems in the world.
Dialogue: 0,0:16:56.40,0:16:58.28,Default,,0000,0000,0000,,And I look at this thing,
Dialogue: 0,0:16:58.28,0:17:01.19,Default,,0000,0000,0000,,and, I don't know, I get a lot of hope that maybe this
Dialogue: 0,0:17:01.19,0:17:04.99,Default,,0000,0000,0000,,smaller, networked, open world
Dialogue: 0,0:17:04.99,0:17:08.09,Default,,0000,0000,0000,,that our kids inherit might be a better one, and that
Dialogue: 0,0:17:08.09,0:17:11.40,Default,,0000,0000,0000,,this new age of networked intelligence could be
Dialogue: 0,0:17:11.40,0:17:14.03,Default,,0000,0000,0000,,an age of promise fulfilled
Dialogue: 0,0:17:14.03,0:17:17.06,Default,,0000,0000,0000,,and of peril unrequited.
Dialogue: 0,0:17:17.06,0:17:20.40,Default,,0000,0000,0000,,Let's do this. Thank you.
Dialogue: 0,0:17:20.40,0:17:30.03,Default,,0000,0000,0000,,(Applause)